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
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PDE President to Present Project in India
Panama: With more than 40 of the 59 available offices in the Phase 1 building of the Panama Gem & Jewelry Center already accounted for, Erez Akerman, President of the Panama Diamond Exchange (PDE), is visiting the Indian cities of Mumbai and Surat, and then New York, where he is meeting with companies interested in obtaining space in Latin America’s
Bunder’s Education Initiatives Deliver Strong Results
Bhopal: Rio Tinto’s Bunder project in the central Indian state of Madhya Pradesh announced the results of a number of educational initiatives aimed at improving opportunities for families in the 15 communities surrounding the diamond project. Through a range of coaching initiatives and adult education programs the Bunder project is working towards its goal of enhancing opportunities in the local
The 31st Edition of IIJS Ended with Success
Mumbai: The 31st Edition of India International Jewellery Show (IIJS) ended today with a success note. The show was organized from 17th to 21st July 2014 by the Gem & Jewellery Export Promotion Council (GJEPC) with over 850 plus exhibitors occupying about 1800 booths from India and Overseas. Over 35,000 genuine buyers from all over India and abroad visited the
Platinum Innovation Awards at JCK 2014
Mumbai: Platinum Guild International (PGI) has once again served a spark of inspiration and excitement with their 5th annual JCK 2014 Platinum Innovation Awards. The winners were chosen for 8 unique design categories. An “Editor’s Choice” and “Buyer’s Choice” were selected in each design category, as well as “Best in Show” Award which was selected as a culmination of all
IDE Returns to Full Activity with Blue & White Fair
Ramat Gan: Today, as Israel removed almost all Corona virus restrictions, the Israel Diamond Exchange (IDE) held the first “Blue and White” diamond fair since the start of the pandemic. The fair symbolized a full return to normal activity for the Israeli diamond industry. The Blue and White fairs have traditionally been held every several times a year on the
GET-Diamonds Signs Agreement with Lucy Platforms
Antwerp: A year after its launch, GET-Diamonds.com, the B2B e-commerce diamond trading site owned by the World Federation of Diamond Bourses (WFDB), signed a new long-term agreement with high-tech company Lucy Platforms. According to the agreement Lucy will use its proprietary AI-based technology to enhance the design and functionality of GET-Diamonds.com, ensuring that the diamond trading platform is even more
BIS to Come up with Guidelines on Hallmarking
Mumbai: Third meeting of the expert committee formed by the Ministry of Commerce and Industry to resolve the issues of mandatory hallmarking was held recently. A number of issues were raised during the meeting and Bureau of Indian Standards (BIS) has assured to consider and come up with a comprehensive guidelines and detailed responses to the expert committee queries in
GJEPC with eBay Launches Online Jewellery Store
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem & jewellery trade in India, has forged a unique partnership with global E commerce giant eBay to offer to its Members an Exclusive Jewellery Store on eBay. With its ‘Make in India for the World’ tag, the Jewellery store on eBay will help jewellery exporters including MSMEs and
