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
ALROSA’s Net Profit under RAS +59% in 1H
Moscow: Following the 1st half of 2014 OJSC AK ALROSA posted net profit under RAS soared by 59%, or 1.6 times, – to RUB 24.174 billion compared to RUB15.209 billion a year earlier, according to the company’s financial statement, cited by Finmarket.ru. ALROSA’s revenue increased by 20% and amounted to RUB81.551 billion compared to RUB68.01 billion in the 1st half
EU, US to Impose New Russia Sanctions
Washington: The United States and European Union plan to impose new sanctions against Russia this week, including penalties targeting key sectors of the Russian economy, the White House said Monday. The show of Western solidarity comes as the US accuses Russia of ramping up its troop presence on its border with Ukraine and shipping more heavy weaponry to pro-Moscow separatists
India's Jewellery Exports Up by 25% in June
Mumbai: The silver jewellery exports from India surged by 25.06% year-on-year to touch $134.52 Million (Rs. 803.50 crores) during the month of June this year while its gold jewellery exports too soared by 24.96% year-on-year to $664 Million (Rs 3966.07 crores), in accordance with the latest data released by the Gem and Jewellery Export Promotion Council (GJEPC). According to GJEPC,
‘Next Generation’ Gemstone Report Disclosure
London: Gemstone miner Gemfields and Gubelin Gem Lab have announced what they call the “next generation” of disclosure on laboratory-issued gemstone certificates. Unlike current gemstone certificates, which are issued without disclosing the identity of the party presenting the gemstone to the laboratory for a report, Gubelin Gem Lab will offer its clients the option of including their names included on
SRK Honors Dalai Lama with Santokbaa Award
Surat: Shree Ramkrishna founder and Chairman Govind Dholakia recently presented the “Santokbaa” award to the Dalai Lama during the spiritual leader’s visit to the company’s Surat manufacturing facility. The award, which is named in honor of Dholakia’s mother, is given to those who have “served society with compassion, truth, dedication and selflessness.” It was presented by O P Kohli, the
GJF Presents National Jewellery Awards on 21st Feb
Mumbai: The All India Gems and Jewellery Trade Federation (GJF), the national trade body for the promotion and growth of trade in Gems and Jewellery Industry across India, presents the most prestigious National Jewellery Awards (NJA 2015) in the gems & jewellery (G&J) industry. This annual award ceremony is aimed at recognizing the immense talent, innovation and creativity of its
India’s Gold Jewellery Demand to Rise 10% in 2015
Mumbai: According to independent rating agency ICRA, India’s gold jewellery demand next year is expected to touch $32 billion, rising 10%, Diamond World reports. This prediction is being linked to the progressive consumer sentiments. The agency notes that demand could rise in volume terms following the Indian government’s decisions to lift the 80:20 gold import rule, a more positive outlook
Modi Assures of a ‘Road Map’ to “Make In India”
New Delhi: In a day-long workshop on ‘Make in India’ held on 29th December 2014, the Indian Prime Minister Mr. Narendra Modi assured Indian industries of a ‘Road Map’ and wished to change the culture of the government to one where Responsibility, Ownership, Accountability, Discipline are the norms. The Prime Minister also said that Human Resource Development, Innovation and Research
