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
Top News
GJEPC to Organise its 1st Ever IGJS in Jaipur
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organising the first ever international physical show post pandemic – International Gem & Jewellery Show (IGJS), from 10th to 12th May 2022, in the pink city Jaipur, at the Jaipur Exhibition and Convention Centre (JECC). IGJS is a by-invitation show exclusively for the international buyers. Gemfields is the associate partner
India-UAE CEPA Comes into Force From 1st May
New Delhi: The flagging off ceremony of India-UAE Comprehensive Economic Partnership Agreement (CEPA) was held today at Customs House/Cargo Complex, New Delhi International Airport. The landmark agreement has come into force by flagging off the first three consignments of Jewellery from New Delhi to Dubai which would be getting zero duty market access. The flagging off ceremony was presided by Commerce Secretary
Members of Mubri Association to Visit IGJS
Sao Paulo: New Year, New challenges and Mubri International Jewelers Association doesn’t stop, from May 10th to May 12th Mubri delegation will participate of IGJS( International Gem and Jewellery Show) Jaipur 2022, The First International Show for International Buyers in India, organized by GJEPC( Gem & Jewellery Export Promoton Council). Buyers from 48 countries are expected, including Mubri members from
Choose Platinum Love Bands for Your Engagement
Mumbai: From looking for the perfect partner, to finding perfection in each other. From sharing their dreams with each other, to chasing them together. From gazing at each other to looking towards a future together. From I, me, mine to we, couples traverse a journey and nurture what they find to finally transform it into something extraordinary, something rare. An engagement or an exchange
5th Edition of IIJW Inaugurated in Mumbai
Mumbai: After completion of four successful years, the 5th edition of India International Jewellery Week, popularly known as IIJW, was inaugurated this morning in Mumbai by Mrs. Rashmi Thackeray. Present at the inauguration were Mr. Vipul Shah, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pankaj Parekh, Vice Chairman of GJEPC and other degnitories. Conceived and conceptualized
HRD Antwerp Adjusting Parameters of Cut Grade
Antwerp: HRD Antwerp is to adjust the proportion parameters of its Cut Grade, with changes taking place as of July 14. The Belgian lab said it is making the move “in order to be more compliant with the market standard, while maintaining the highest-quality grading standards that HRD Antwerp is known for”. “The HRD Antwerp Cut Grade is based on
Gold, Diamond Deposits Traced in Odisha
Bhubaneswar: Geological survey has revealed deposits of a variety of gem stones, gold and diamond in Boudh district in India’s Odisha state, Steel and Mines minister Prafulla Kumar Mallick informed in the State Assembly here on Friday, according to a report published in Odisha Sun Times. Replying to a question by Mahidhara Rana, he said as informed by the Steel
Diamonds worth Crores Stuck in US Labs
Mumbai: An unprecedented delay by US-based Gemological Institute of America (GIA) in certifying of polished diamonds is worrying diamantaires in Surat and Mumbai, who are now facing liquidity problems due to shortage of gems to sell in the market, reports The Times of India. The diamond sized below one carat (the most popular category) that are sent to Carlsbard and
