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 Targets 20% Export Boost to UAE with IGJS
Dubai: The 4th edition of the International Gem & Jewellery Show (IGJS) Dubai commenced yesterday, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) of India. This exclusive event, co-sponsored by Suntech Business Solutions and supported by the Dubai Gold & Jewellery Group, brings together the finest of Indian gems and jewellery, reinforcing India’s position as a premier destination
Big FDI Increase in India’s G&J Sector
Mumbai: Foreign Direct Investment (FDI) in India’s gems & jewellery sector witnessed an impressive year-on-year growth of 673% in the first quarter of FY2024, rising to $40 million (INR 330 crore) from $5 million (INR 42 crore) during the same period in 2023. This sharp increase highlights renewed investor confidence in the sector. According to a review by the GJEPC,
Diavik Begins Underground Production
Perth: Rio Tinto’s Diavik diamond mine has officially entered commercial production at its A21 underground mine, marking a significant milestone in the mine’s operations. The successful completion of Phase 1 of the A21 underground project comes after extensive development and construction efforts. The company has also received approval for Phase 2 of the project, with an additional investment of $17
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
Namibia Joins Luanda Accord: GJEPC, DMCC to Become Members of NDC
Cape Town: The Luanda Accord held its second high-level meeting at the African Mining Indaba 2026, marking an expansion of collective action in support of global generic marketing for natural diamonds, led by the Natural Diamond Council (NDC). The Accord brings together diamond-producing governments and industry stakeholders committed to sustained investment in protecting and promoting the natural diamond category. Its
When Love is the Feeling, Gift must be Platinum!
Mumbai: When love is intentional, enduring, and deeply felt, it deserves a symbol that reflects its significance. Platinum stands apart as the metal of love – resilient and lasting, naturally white, with jewellery that is uncompromisingly pure. This Valentine’s season, Platinum Love Bands spotlights women’s platinum rings – each designed to convey what makes ‘her’ special…celebrating your love for her, and the woman that she
India-US Reach Framework for an Interim Agreement
Mumbai: India’s gem& jewellery (G&J) industry is elated by the announcement of zero-duty access for diamonds and coloured gemstones to the US under the Interim Agreement framework — a decisive turning point that breathes new life into the sector. The diamond sector had taken a severe hit over the past year, with India’s cut and polished diamond exports to the
De Beers Declares 35% Fall in Diamond Production
Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in
