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
Top News
Antwerp Presents Ring with 321 Natural Diamonds to the US
Antwerp: During the celebration of the 250th anniversary of the United States (US) in the Parc du Cinquantenaire in Brussels, the Antwerp diamond sector presented an exclusive ring set with 321 natural diamonds to U.S. President Donald Trump. The ring symbolizes the historic trade relationship between Antwerp and the United States – for decades the most important export market for
From London to Athens, GJEPC Builds New Export Opportunities
London: Representing India’s gem & jewellery industry (G&J), the Gem & Jewellery Export Promotion Council (GJEPC) Vice Chairman Mr. Shaunak Parikh joined the high-level business delegation led by India’s Commerce & Industry Minister Mr. Piyush Goyal to the UK and Greece. In the UK, GJEPC championed the industry’s priorities as the India–UK FTA paves the way for gem & jewellery
Candere Announces Smriti Mandhana as its New Brand Ambassador
Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan Jewellers, has announced celebrated Indian cricketer Smriti Mandhana as its new brand ambassador. Joining Shahrukh Khan as the face of the brand, Smriti’s association marks a significant step in Candere’s journey to strengthen its connect with young, modern Indian consumers. One of India’s most accomplished cricketers, Smriti has built
GJEPC Urges RBI to Ease Banking Norms to Boost G&J Exports
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has urged the Reserve Bank of India (RBI) to introduce a series of banking and regulatory reforms to strengthen the competitiveness of India’s gem and jewellery (G&J) exports. The Council’s recommendations focus on improving exporters’ access to working capital, reducing compliance bottlenecks, streamlining banking procedures and creating a more facilitative regulatory
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
GIA Close to Solving Mystery Color Treatment
New York: The Gemological Institute of America is close to figuring out the mystery treatment that may have temporarily improved the color of some 500 diamonds, GIA president and CEO Susan Jacques said at the annual Rapaport conference on grading standards on May 31. “We know what is being done, but we don’t know how it is being done,” added
