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
Govt. Offers Duty Waiver for India Jewellery Park
Mumbai: The Maharashtra state government has announced a complete waiver of stamp duty on the first lease of land and subsequent sub-leases within the India Jewellery Park, a project of GJEPC, at Mahape, Navi Mumbai. The decision, outlined in the Maharashtra Government Gazette dated 25th September 2024, aims to encourage investment in the jewellery sector and promote the development of the
Israel-Iran War: Impact on India’s G&J Industry
Mumbai (By Suresh Chotai): The escalating tensions between Iran and Israel could have several direct and indirect impacts on India’s Gem & Jewellery (G&J) industry, which is one of the largest in the world, particularly focused in Surat. Here’s a look at potential effects: The ongoing conflict is likely to benefit India’s exports of cut and polished diamonds due to
Rio Tinto Launches 2024 Beyond Rare Tender
London: Rio Tinto has launched its 2024 Beyond Rare™ Tender, the second in its Art Series offering, showcasing 48 lots of extraordinarily rare masterpieces of nature from its diamonds business. Titled Colour Awakened, this collection is headlined by seven “Old Masters”, notable historic diamonds from the Argyle Diamond Mine that operated from 1983 to 2020. The Old Masters comprise seven
Gemfields Partners with Guild for Aurora Awards
Mumbai: On 25 September, responsible miner and marketer of coloured gemstones, Gemfields partnered with Guild – the first international gemmological institute in China – to host the gala ceremony of the third Aurora Awards International Gem and Jewelry Competition. Held at the IBC International Business Centre in Shenzhen, China, the event brought together elite representatives from across the global jewellery
Kirit Bhansali Joins India’s High Level Delegation
Mumbai: Mr. Kirit Bhansali , Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), joins Mr. Piyush Goyal , Hon’ble Minister of Commerce & Industry; Dr. S. Jaishankar , Hon’ble Minister of External Affairs; Mr. Jitin Prasada , Hon’ble Minister of State for Electronics & Information Technology and Commerce & Industry; and Ms. Karen Rentmeesters , CEO, AWDC, at
First Jewellery Export Consignment to the UK Under India–UK CETA
Mumbai: Mumbai, India’s financial capital and the country’s premier hub for gem and jewellery exports, yesterday marked a historic milestone with the flagging off of the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off forms part of a nationwide initiative being held across Delhi, Surat, Jaipur, Chennai and
IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers
Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering
India-UK Buyer Seller Meet Concludes Successfully
London: The India-UK Jewellery Buyer-Seller Meet 2026 concluded successfully, bringing together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers to explore new business opportunities and strengthen bilateral trade ties. Held at the Arsenal Executive Box, Emirates Stadium, London, the two-day meet served as a dynamic platform for meaningful networking, strategic partnerships, and high-value business discussions. With the
