We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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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
Mehul Shah Elected President of WFDB
Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members. The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore. Leaders of the 21
India's Diamond Exports may Fall to Lowest in Decade
Mumbai: India’s diamond polishing revenue is set to plunge next year from $24bn in 2019 to as little as $13bn in fiscal 2021, according to the latest forecasts. That’s a drop of almost half to the lowest level in a decade. Exports to the US and Europe – over 45 per cent of India’s market – fell 41 per cent year-on-year in February as the coronavirus pandemic intensified, according to Crisil Ratings,
Bharat Diamond Week [BDW] Goes Digital
Mumbai: The organizing committee of Bharat Diamond Week [BDW], world’s foremost ‘only diamond show’ decided that the BDW will go Digital. The decision was taken by the committee over an online meeting yesterday. The Bharat Diamond Week in its 4th edition was slated to be orgnaised during the first week of August 2020. Looking at the unprecedented events that are
Father of Saurabh Gadgil Passes Away
Pune: Shri Vidyadhar Anant Gadgil, father of PNG Jewellers chairman and managing director, Mr. Saurabh Gadgil left for heavenly abode after a prolonged illness in Pune. Shri Vidyadhar Gadgil was the son of Maharashtra thespian and founder of PNG Jewellers, Shri Daji kaka Gadgil. Born on 18th October 1947, Vidyadhar Gadgil was a director with PNG Jewellers since the 1970s. He lived
Fusion of Online and Offline Will Drive Business
Mumbai: A panel of speakers from different markets across the world who participated in a Webinar organised by The Gem & Jewellery Export Promotion Council (GJEPC) to discuss the “International market scenario & way forward post lockdown” said that the future would see a greater fusion of online and offline sales on both B2B and B2C platforms. The panel comprised
