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
GJEPC Participated in Mega MSME Sammelan
Lucknow: India’s Gem & Jewellery Export Promotion Council (GJEPC) participated in the Mega MSME Sammelan 2025, organised by ASSOCHAM in Lucknow on 26-27 June to mark MSME Day. The event celebrated the contributions of MSMEs to India’s economy and exports and explored ways to strengthen their growth. Mr. Antarpal Singh Sawhney, Regional Chairman (North), GJEPC, addressed the gathering, highlighting the
GJEPC Highlights FTA Potential for Jewellery Sector
Jaipur: At the ‘Growing Opportunities from Free Trade Agreements – An Industry Perspective’ workshop held on 24 June in Jaipur, Mr. Sabyasachi Ray, Executive Director, GJEPC, delivered an impactful address on how Free Trade Agreements (FTAs) are poised to reshape the future of India’s gem and jewellery exports. Organised by the Confederation of Indian Industry (CII) along with the Centre
PGI Held Season of Love Awards Ceremony in Kochi
Kochi: Building on the momentum of its previous editions, Platinum Guild International (PGI)- India marked the successful culmination of the 7th edition of its flagship retail initiative, Platinum Season of Love, with a celebratory awards ceremony in Kochi. The Platinum Season of Love Awards 2025 were hosted as part of the annual Platinum Buyer-Seller Meet, PGI India’s premier industry platform. The event brought together leading
Kirit Bhansali Graces KJIF 2025 as Chief Guest
Kochi: Mr. Kirit Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) was invited as the Chief Guest at the inauguration of the Kerala Jewellery International Fair (KJIF) 2025, held at the Adlux International Exhibition & Convention Centre, Angamaly, Kochi, on 27th June 2025. Organized by the Kerala Gold & Silver Merchants Association and United Exhibitions, KJIF is
India’s Gold Imports Down in December
Mumbai: Despite the government removing restrictions on gold imports late past month, imports of the precious metal have not picked up because of a supply glut, reports Business Standard. Industry sources say hardly 15 tonne of gold has been imported in December so far on consignment basis. For two weeks after government lifted the 80:20 scheme, there were absolutely no
Prakash Mehta New President of IDCA
New York: The Indian Diamond & Color stone Association Inc. (IDCA) announced results of its elections for the board of directors and the group unanimously elected a new executive committee for the year 2015. Prakash Mehta of Interings Inc. was elected as IDCA’s president, while Ashok Sancheti of Pioneer Gems was reelected as vice president; Nilesh Sheth of Nice Diamonds
New Diamond Manufacturing Plant in Israel
Ramat Gan: A unique diamond manufacturing facility will be inaugurated during the International Diamond Week, February 8-12, 2015. A joint initiative of the Israel Diamond Exchange (IDE), the Israel Diamond Manufacturers Association (IsDMA) and the Israel Diamond Institute (IDI), the plant provides independent diamond manufacturers with ultra-modern diamond manufacturing facilities and also serves to train a new generation of diamond
ALROSA Profits May Decline 2.6 Times in 2014
Moscow: ALROSA, the world’s largest diamond miner by carat, predicts that its profits will decline 2.6 times in 2014 (going down by RUB 21.8 billion) to RUB 13.7 billion versus 2013, mainly due to the weakening of the ruble. This was reported by TASS citing the statement made by Ilya Ryaschin, Acting President of ALROSA during a meeting held in
