We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Guests of Honour at Inauguration of IIJS Premiere
Mumbai: The countdown has begun for the 41st edition of IIJS Premiere, the most anticipated B2B gem & jewellery show of the year! With preparations in full swing, the show is all set to unlock new growth, new partnerships, and your biggest breakthrough to success. The show is being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from
GJEPC Hosted SAJEX 2025 ‘Curtain Raiser’ Event
Jeddah: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the Curtain Raiser event for the Saudi Arabia Jewellery Exposition (SAJEX) 2025 at The Ritz-Carlton, Jeddah on 6th July. The evening brought together key dignitaries and trade leaders, marking the formal launch of the much-anticipated exposition. The event was graced by Hon’ble Chief Guest Mr. Fahad Ahmed Khan Suri, Consul
KISNA Opens Showroom in Borivali, Mumbai
Mumbai: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’The prestigious launch event
David Kellie to Step Down from NDC Post
Mumbai: Mr. David Kellie has announced that he will be stepping down as CEO of the Natural Diamond Council (NDC) by the end of 2025. He has expressed his decision in a post on the Linkedin. The post says, “Following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural
GIA Changing Colored Stone, Pearl Reports
New York: Gemological Institute of America has tweaked its colored stone and pearl reports, adding better imagery and more information geared toward consumers. Beginning Feb. 1, GIA will issue the same form report for both colored stones and pearls, although the reports will still list information specific only to those gems. Other changes include: The colored stone and pearl reports
De Beers Generates $450m from January Sight
Gaborone: De Beers is said to have earned about $450 million from its first sight of 2015, which ended recently in Botswana. Rapaport cited unnamed sightholders as saying that a number of boxes were deferred, representing about 20 percent of the overall sight value. Allegedly, rough diamond prices declined by about 4 percent and De Beers made significant price adjustments
HDFC, SBI among Top 50 Global Banks
Mumbai: Two Indian banks, HDFC Bank and State Bank of India (SBI), now figure in a list of the top 50 global banks in terms of market capitalization. HDFC Bank, India’s second-largest private lender in terms of asset size, ranks 45th, with a market capitalization of $39 billion, Bloomberg data show. With a market capitalization of $38 billion, SBI is
IDI Repeats Successful B2C Promotion
Ramat Gan: Bolstered by the success of its Cyber Monday B2C e-commerce campaign, the Israel Diamond Institute Group of Companies (IDI) has decided to make the pop-up platform a recurring event. IDI has just launched Sweet Valentine: Diamond Deals from Israel, a specially curated mini-site which features heart-themed diamond jewelry and loose diamonds from leading Israeli companies at discounts of
