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
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RSBL Receives ‘Best Gold Bullion Dealer’ of the Year Award
Mumbai: RiddiSiddhi Bullions Limited (RSBL) recently announced that they had won the “Best Gold Bullion Dealer for the Year 2022-23” award at the renowned India Gold Conference, which was held at JW Marriott, Kolkata, India on 18-20 Aug 2023. RSBL is an Indian global conglomerate embracing multiple industries and operating profitable businesses founded on innovation, customer trust, and value creation for
‘Navratan’ Exhibition at G20 TIMM Inaugurated
Jaipur: India’s Minister of Commerce & Industry Mr. Piyush Goyal, and Mr. Olivier Becht, Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Government of France, who are currently attending the G20 Trade and Investment working group meetings (TIMM) in Jaipur, inaugurated the “NAVARATAN” exhibition, which is held on the sidelines of the G20 TIMM at the Chandra
Praveen Shankar Pandya Elected Chairman of GJNRF
Mumbai: Gem & Jewellery National Relief Foundation (GJNRF), the body that coordinates social intervention by the gem and jewellery industry in India, especially during crisis periods, recently elected its new Board of Trustees for 2023-26. The members of the Board subsequently elected Praveen Shankar Pandya as the Chairman and Sanjay A. Kothari as Managing Trustee for the three-year term. Arun
Swarovski to Stage Landmark Exhibition
Shanghai: Swarovski is to unveil a major brand exhibition in Shanghai this September celebrating almost 130 years of its storied heritage as Masters of Light across the worlds of fashion, jewelry, and pop culture. Entitled Swarovski – Masters of Light from Vienna to Shanghai, the exhibition will explore the crystal Maison’s artistry and savoir-faire as well as its unique impact on
India New Zealand FTA to Benefit G&J Industry
Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,
India’s G&J Exports Recover During April-Nov 2025
Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging
How Many Years will the Diamonds Reserves Last?
Mumbai: Global economically viable diamond reserves are estimated at about 1.8 billion carats. At the current annual production level of roughly 90 million carats, these reserves are expected to sustain the market for around 20 years. The estimate was shared by Sergey Takhiev, Head of Corporate Finance and Investor Relations at Alrosa. More than half of the world’s diamond reserves
Oman Abolishes Import Duty on Indian Jewellery
Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at
