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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
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
AWDC-Diamond Administration of China Sign MoU
Antwerp: The Antwerp World Diamond Centre (AWDC) and the Diamond Administration of China (DAC) have signed a memorandum of understanding that aims to reinforce cooperation between the two diamond centers. The MOU was signed during the Antwerp-Shanghai Investment Forum taking place in Antwerp June 3-4, which welcomes an economic and political delegation led by Shanghai Party Secretary and former mayor
Gem-A Postpones Upcoming AGM
London: The Council of Gemmological Association of Great Britain (Gem-A) has announced that it will be postponing the Association’s upcoming AGM, due to take place on 24 June 2015, citing the need to resolve internal matters. Following a press statement confirming the dates of their upcoming AGM, the Council of the Association has taken the decision to postpone the AGM
India Prepares for SNZ at BDB
Mumbai: A number of senior government officials led by Member (Customs), CBEC, Shri A.K. Kaushal visited the Bharat Diamond Bourse on May 30 and interacted with members of the industry from the GJEPC and BDB. Former Chief Commissioner of Customs Zone – I, Shri A.K. Kaushal was visiting the bourse for the first time. Shri Kaushal was accompanied by Shri
India Govt. Gets 'Global Empowerment Salute'
Las Vegas: India’s Minister for Home Affairs Mr. Rajnath Singh received the Diamond Empowerment Fund’s highest recognition, the 2015 Global Empowerment Salute which was conferred on Hon’ble Prime Minister Mr. Narendra Modi and the government of India at the DEF Gala held in Las Vegas. The honour was conferred on Mr. Modi and the government for India’s global leadership and
