We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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
Top News
GJEPC Confers ’20 Under 40′ Awards
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit
Mehul Shah Conferred “Industry Legend” by GJEPC
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) honoured the ‘Legends of the Industry’ during the IIJS Bharat Premiere exhibition. Globally renowned change-makers in the Industry were invited and honoured in the presence of an august audience. This recognition by GJEPC honoring the change-makers as industry stalwarts descended to receive the recognition. Mr. Mehul Shah, Vice President of Bharat
‘Made in India’ Jewellery Must Become World’s Trusted Choice: Chirag Paswan at IIJS Bharat Premiere 2026
Mumbai: Mr. Chirag Paswan, Minister of Food Processing Industries, Government of India, today inaugurated the 42nd edition of IIJS Bharat Premiere 2026 at the Bombay Exhibition Centre (BEC), NESCO, Goregaon — highlighting the Indian gem and jewellery sector’s role in strengthening Brand India on the global stage. Joining him as Guests of Honour were Mr. Paul Rowley, Executive Vice President,
WGC Launches ‘Swarnim Udaan 2047’
Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness. As
Diamonds ‘Not Promoted Enough’
Saurimo: Diamonds are not being promoted well enough, and as a result people are not motivated to buy them, the chairman of Angolan state diamond company Endiama said last week. Speaking in the Angolan city of Saurimo on October 6, Carlos Sumbula told a delegation of British members of parliament that diamond producers needed to unite to streamline promotional campaigns
Botswana Plans 'Bold' Financial Stimulus
Gaborone: The government of Botswana has said that it will use some of its $8.5 billion in foreign exchange reserves to stimulate its economy following a drop in diamond prices. “We have realized our economy is going to stagnate,” said President Ian Khama in a televised speech, as quoted by Reuters. “The time has come for us to make bold
Growing Prominence of Latin America in Jewellery
Milan: CIBJO President Gaetano Cavalieri has drawn attention to the growing prominence of Latin America in the international jewellery business, and in particular to the role that is being played by Mexico, the region’s most valuable luxury product market. He was participating at a gathering of political and business leaders, as well as jewellers from across the Americas, during the
India Boosts Funding to Promote Exports
New Delhi: The Government of India has increased allocations for export incentive schemes across the economy, including the diamond and jewelry sectors, in the current financial year to $3.2 billion (Rs21,000 crore). Commerce Secretary Rita A. Teaotia told a meeting with representatives of 27 export promotion councils on October 7 that the new amount was an increase on the earlier
