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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Platinum Jewellery for Akshay Tritiya this Year
Mumbai: Celebrated as one of the most auspicious occasions in Hindu culture, Akshay Tritiya marks a day of new beginnings, prosperity, and good fortune. It symbolizes the onset of new endeavours, prosperity and unending blessings. This year, the festival will be celebrated on May 10th2024. As the celebrations around Akshay Tritiya evolve, the significance of purchasing ‘true white’ continues to hold great
Best Diamond Moments from 2024 Met Gala
Mumbai: As the first Monday in May approached, the highly anticipated 2024 Met Gala finally arrived; A-list celebrities gathered for the pinnacle of fashion and elegance, strutting down the -this time- green carpet, adorned with the most exquisite natural-diamond jewellery. With each step up the grand staircase of the Metropolitan Museum of Art, they redefined glamour and sophistication, making this
Gargi by PNGS Records 76.07% Surge in Sales
Pune: PNGS Gargi Fashion Jewellery Ltd. (Gargi), a leading name in the fashion jewelry industry, has clocked a stellar financial performance for the financial year from April 2023 to March 2024. It has reported a substantial increase in annual sales, up 76.07% to Rs 50.48 crore, compared to Rs 28.67 crore in the preceding year. Looking at the full-year performance,
Platinum Love Bands for Your Summer Wedding
Mumbai: As we enter the summer wedding season, draw inspiration from your favourite celebrities when it comes to engagement ring choices. Celebrities worldwide have long favoured engagement rings set in platinum for their memorable “I Do” moments as this naturally white metal is renowned for its elegance, durability, and timeless appeal. From A-list actors to music sensations, these celebrities have embraced platinum
CIBJO President Speaks at ZDC
Harare: Noting the responsibility of the jewellery industry towards society, CIBJO President Gaetano Cavalieri has recognized the need of African diamond producing countries to leverage their natural resources into sustainable economic development for their countries’ citizens. He was speaking during the opening day of the Zimbabwe Diamond Conference in Harare. “These are historic days for the diamond industry. Whereas once
1st Israel Diamond Pavilion at HK Jewelry Mfg Show
Ramat Gan: This year for the first time the Israeli Diamond Industry will be featured in a national pavilion at the Hong Kong International Jewelry Manufacturers’ Show, to be held November 27 – 30 at the Hong Kong Convention & Exhibition Centre. The pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will host 26 companies, 17 of
WDC Offers Support in Dealing with Ebola Crisis
Johannesburg: The World Diamond Council (WDC) has made contact with the African Diamond Producers Association (ADPA), offering its support in dealing with the impact on the mining sector of the Ebola crisis in West Africa. ADPA is a union of African diamond mining countries, working as to advance the common interests of the continent’s diamond producers. The organization has 18
PDE Project Director and Architects Visit IDE
Ramat Gan: With the construction set to begin in 2015 of the Phase II section at the Panama Gem & Jewelry Center, the only dedicated hub for the Latin American diamond, colored gemstone and jewelry trades, its project director and lead architects have visited the Israel Diamond Exchange complex, the world’s largest facility of this type, where they examined and
