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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GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
CIBJO Pays Tribute to Vasant Mehta
Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian
Vasant Mehta, Illustrious Leader of G&J Industry Dies
Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,
NDT to Unveil 4 Record Breaking Stones at JCK
Las Vegas: Validating its revolutionary technology for producing stunning lab-grown gem quality diamonds, New Diamond Technology (NDT), based in St. Petersburg, Russia will unveil four record breaking stones certified in Hong Kong by International Gemological Institute (IGI) at JCK Las Vegas 3 – 6 June 2016, booth № B41184 in “First Look” neighborhood. “We are thrilled by the opportunity to
Israeli Diamonds to Shine at JCK Las Vegas
Ramat Gan: Israeli diamonds will shine once again at JCK Las Vegas, which takes place from June 3 to June 6, 2016. The Israeli Diamond Industry (IsDI) will again be among the largest international exhibitor groups, with some 60 Israeli diamond companies participating. According to the Israel Diamond Institute (IDI), the Israel Diamond Pavilion will this year comprise 34 exhibitors,
India Claims KP Chair in 2019
Dubai: Representatives of the European Union (EU) and India participating in the KP Intersessional which took place in Dubai from May 23-26 presented a coordinated proposal under which the EU will be KP Vice-Chair in 2017 and KP Chair in 2018, while India will become KP Vice-Chair in 2018 and assume the position of KP Chair in 2019. Tung-Lai Margue,
GJEPC Inducted into World Body
Dubai: The World Federation of Diamond Bourses (WFDB) has added the Gem and Jewellery Export Promotion Council (GJEPC) as the largest member among its 31-member bourses across the globe. The decision was taken at the ongoing 37th World Diamond Congress at Dubai recently. The WFDB was set up in 1947 to unite diamond exchanges world-wide. It is the apex body
