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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Botswana Unearths Massive 1,305 ct. Diamond
Gaborone: Africa’s leading diamond producer, Botswana, has reinforced its status as a global powerhouse in the gemstone industry after a massive 1,305.4-carat diamond was recovered from the country’s renowned Karowe mine, adding yet another extraordinary discovery to its record of producing some of the world’s largest and most valuable diamonds. The stone is categorized as white and is unbroken, the
Forevermark Diamond Jewellery Opens First Store in Bengaluru
Bengaluru: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in South India with the launch of its first store in Bengaluru, marking a significant step in the brand’s retail expansion journey in India. Located at Phoenix Mall of Asia, one of Bengaluru’s premier luxury retail destinations, the new store strengthens Forevermark’s presence in one of the country’s
India–UK Trade Agreement: CoOs Distributed
New Delhi: To commemorate the India–UK trade agreement coming into effect, Mr. Rajesh Agarwal, the Commerce Secretary and Ms. Lindy Cameron, High Commissioner of UK in India distributed Certificates of Origin (COOs) to some of our exporter members at Vanijya Bhawan. Mr. Sabyasachi Ray, Executive Director and Mr. Antarpal Singh, Regional Chairman, Northern Region received the certificates on their behalf
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
SSEF Launches Free Online Courses on Major Gems
Basel: The Swiss Gemmological Institute SSEF has launched a series of free-of-charge, online courses, entitled “Understanding Gemstones.” With each covering a specific gem, the courses are comprehensive and self-paced by the student, who is able to start and complete them at any time via SSEF’s Internet-based learning platform. The courses are available in English, French and simplified Chinese. The gems
G&J Exports witnesses Remarkable growth in Q4
Mumbai: The financial year 2020-21 witnessed an overall decline of 28.46% to US$ 25.31 billion in the overall exports of gem and jewellery compared with US$ 35.37 bn in the fiscal year 2019-20, as per the data of the apex body The Gem and Jewellery Export Promotion Council (GJEPC). However, there is a significant increase in the exports witnessed in the last quarter of the financial year ended
Platinum Days of Love Urges You to "CommitToLove"
Mumbai: In these constantly changing times, if there is one thing that remained constant for couples it is the love that they share. They managed to be each other’s source of strength and comfort. If anything, the unpredictability of circumstances made them realize what truly matters making their love stronger. Filling them with the renewed desire to take the next
G&J Export Operations in Maharashtra Exempted
Mumbai: Maharashtra State Chief Minister Mr. Uddhav Thackeray again this year allowed gems and jewellery export operations to resume with restrictions in number of people working in export units during the ongoing night curfew, weekend lockdown and restrictions of people at work place and travel, to curtail the second wave of COVID-19 pandemic. This has been resulted due to persistent communication
