We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
Top News
Anna Martin Joins GIA
New York: Anna Martin, who oversaw diamond and jewelry lending at both Standard Chartered Bank and ABN AMRO, has joined GIA as senior vice president of global development. “Martin will be responsible for broadening and deepening GIA’s relationships with clients and stakeholders and overseeing the Institute’s global beneficiation efforts,” said a statement. She will be based in New York City,
GII Installs AMS at BDB
Mumbai: Gemological Institue of India (GII) recently inaugurated the Automated Melee Screening (AMS) machine by Mr. Anoop V. Mehta, President, Bharat Diamond Bourse (BDB) and Mr. Arunkumar Mehta, Rosy Blue (India) Pvt. Ltd, installed in the Diamond Detection Resource Center (DDRC) at Bharat Diamond Bourse (BDB) Mumbai. On the occasion, Mr. Vipul Shah, Chairman, GJEPC said, “We are glad to
Artisan Jewellery Design Awards by GJEPC
Mumbai: The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body of the gem & jewellery industry in India announces ‘The Artisan Jewellery Design Awards 2014’ scheduled in December 2014. Having hosted award and reward programs for the industry over 25 years, GJEPC now invites participation from all established and budding designers across the nation to bring
198 Carat Rough Found in Lesotho
Maseru: Africa has unearthed yet another eyebrow-raising mega-rock—this time a 198 ct. white type IIa diamond described as of “exceptional quality.” The stone was found at the Letšeng mine in Lesotho, said owner Gem Diamonds. The diamond “displays no fluorescence and is expected to achieve an exceptional price when sold this year,” the company said. Spokesperson Sherryn Tedder said she
Reena Ahluwalia Donates Painting for Charity
Royal Oak: Roger Dery of Roger Dery Gem Design is celebrating his 40th year in business and 40th visit to the African continent with a charity raffle donating 100% of the proceeds to Gem Legacy, a 501c3 nonprofit dedicated to kids, education, and entrepreneurship initiatives in East African colored gemstone mining communities. Roger reached out to Reena to create a
GJSCI Shifts to New Office
Mumbai: The new office of Gem & Jewellery Skill Council of India’s (GJSCI) was inaugurated by Hon’ble Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, on 23rd September 2021. GJSCI moved into a bigger office space in the same building, Business Facilitation Centre, SEZ, SEEPZ, from the 3rd
Piyush Goyal Gives ₹270 cr for SEEPZ Infrastruture
Mumbai: Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India, visited the SEEPZ in Mumbai yesterday . Hon’ble Minister interacted with GJEPC and SEEPZ leadership along with Jewellery Exporters and approved ₹200 Crore for upgrading the SEEPZ infrastructure and ₹70 Crore for development of a Mega Common Facility Centre
GJEPC Hosts “Vanijya Utsav” Export Conclave
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosts “Vanijya Utsav”, an export conclave happening on the 21st and 22nd September in Mumbai. It was inaugurated by Mr. Raosaheb Patil Danve, Hon’ble Minister of State (Railways, Coal & Mining), Govt. of India; Mr. Subhashji Desai, Hon’ble Minister of Industries, Mining & Marathi Language, Govt. of Maharashtra; Mrs. Aditi Tatkare,
