We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
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No Solace in Budget for India's Jewellery Sector
Mumbai: India’s Finance Minister Mr. Arun Jaitley has not given any relaxation in his first budget today as far as import duty on gold is concerned, within 45 days of forming of the Narendra Modi government. Mr. Jaitley surprised bullion markets by keeping the import duty on gold and silver unchanged at 10% in his fiscal budget, a move likely
RJC to Hold Session at IIJS Educational Program
Mumbai: The Responsible Jewellery Council (RJC) will be taking part in the educational program of the July 17-21 India International Jewellery Show (IIJS). The program, organized by the Gem & Jewellery Export Promotion Council (GJEPC), and sponsored by Gemological Science International (GSI), will host a series of industry experts during the four day educational series entitled Spectrum Seminar – Innovate
Myanmar Sells $3bn in Gems
Naypyidaw: Myanmar’s annual gem emporium took in more than $3 billion this year, the most ever for the country’s annual sale of gems and jade, organizers said Tuesday. Income reached $3.4 billion and saw the successful auction of 6,007 of 7,454 jade lots, 126 out of 436 gem lots and 224 of the total 342 pearl lots, they said. “This
Forevermark Hosted Forum 2014
Jaipur: Forevermark, the diamond brand from De Beers group hosted the 3rd Annual Forevermark Forum in The Pink City to celebrate the brand for the year 2014. The three day interactive forum held from 02nd till 04th June 2014 in the city of Jaipur for its key associates & stakeholders was a massive success and was attended by India’s leading
7th Platinum BSM on 4th & 5th July
Kochi: Platinum Guild International (PGI)-India has organized the highly anticipated 7th edition of its prestigious flagship event, the Platinum Buyer-Seller Meet (BSM) in Kochi. The marquee event will be held on 4th and 5th of July 2024, bringing together 16 official platinum jewellery manufacturers and leading names in retail jewellery business under the PGI programme. Renowned for its focus on design and
Resilient Performance by India’s Jewellery Sector
Mumbai: India’s gems and jewellery sector continues to demonstrate resilience and growth, as highlighted by the latest export performance data for the period of April to May 2024. The overall gross exports of Gems & Jewellery during this period amounted to US$ 4691.58 million (Rs. 39123.07 crores), showcasing a commendable performance. While this reflects a slight decline of 5.94% (-4.56%
GJEPC Leaders Meet New Ministers to Discuss Industry Issues
New Delhi: The leadership team of the GJEPC, including Chairman Mr. Vipul Shah, Vice Chairman Mr. Kirit Bhansali, Executive Director Mr. Sabyasachi Ray, along with Policy Advisor Ms. Monika Mohta, held a meeting with the Honourable Finance Minister, Smt Nirmala Sitharaman today, 13th June. The GJEPC delegation congratulated the Finance Minister on her efforts and discussed pressing issues and challenges currently
DMCC CEO Holds Productive Talks with GJEPC
Mumbai: Mr. Ahmed Bin Sulayem, the Executive Director & CEO of DMCC met with Mr. Vipul Shah, Chairman of GJEPC and Mr. Kirit Bhansali, Vice Chairman of GJEPC, in a meeting held at the GJEPC head office in Mumbai on 12th June. Mr. Shah extended a warm welcome to Mr. Ahmed Bin Sulayem and his team including Special Advisor – Precious
