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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Sarine Wins Court Case against Surat Software Pirates
Surat: Israel-based Sarine Technologies said an Indian court has ruled against the illegal use of pirated Advisor® software by Surat-based companies. Following the lawsuit filed by Sarine and the subsequent court-ordered raids, the court has found five manufacturers in Surat guilty of copyright infringement and the illegal use of pirated Advisor® rough planning software. Sarine said that due to the
GJEPC & SEEPZ Sign MoU for Execution of Mega CFC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and Santacruz Electronics Export Processing Zone (SEEPZ), Mumbai signed an MoU on 7th December 2022, defining their respective responsibilities in developing, executing, and running of the Mega Common Facility Centre (CFC) at SEEPZ Mumbai. The MoU for the execution and running of the Mega CFC was signed by Mr. Vipul Shah,
'indiamoderne' is the Theme of Artisan Awards 2023
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has announced the launch of the 6th edition of The Artisan Awards, country’s premier jewellery design competition. The prestigious annual contest invites designers from India and overseas to submit their entries, showcasing excellence and innovation in jewellery design. The main theme for 2023 is indiamoderne, where the world of art will inspire jewellery
Sergey Ivanov, Alrosa CEO to Quit Early
Moscow: Sergey Ivanov is to step down early as CEO of Alrosa, Russia’s state-controlled diamond miner, according to media reports.He will reportedly join the private investment firm Volga Group, owned by Gennady Nikolayevich Timchenko, a billionaire and long-time friend and ally of Russia’s president Vladimir Putin. Mr. Ivanov was appointed as Alrosa’s youngest ever boss in 2014, aged 36, and
GJEPC Launches 'Jewellers for Hope' Campaign
Mumbai: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has initiated its first edition of ‘Jewellers for Hope’ campaign, a CSR activity with an objective to build a CSR fund that will be used to support various social causes. A charity dinner has been hosted by the GJEPC in Mumbai’s Grand Hyatt on Friday for the
Sonam Kapoor Walks on Ramp to End IIJW
Mumbai: The 5th edition of 4-day India International Jewellery Week (IIJW) ended with a grand finale wherein Best of the Best Collections were displayed by gorgeous models. The ramp was set on fire when Brand Ambassador of Gem & Jewellery Export Promotion Council (GJEPC) and cute Bollywood actress Sonam Kapoor walked at the grand finale of the IIJW 2014 held
31st Edition of the IIJS Inaugurated
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 31st Edition of India International Jewellery Show today at Bombay Exhibition Centre, Goregaon – the paramount show for the trade in Asia. The show is being organized from 17th to 21st July 2014 and will have 35000 visitors, over 850 plus exhibitors and 1800 booths from India and Overseas.
De Beers Probe into Data Leak is Nearing End
Gaborone: DE BEERS Consolidated Mines (DBCM) is close to completing a probe into the leak of sensitive data about its pricing of rough diamonds and details of sales to South African clients, company CEO Philip Barton has said. There was a leak of the De Beers price book, which contains diamond valuation data and customer details and invoices in South
