We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
GJEPC to Organise IGJS in Dubai from 14 Aug, 2021
Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India with the support of Govt. of India, is organising the inaugural International Gem & Jewellery Show (IGJS), an in-person exhibition, in Dubai from 14th to 16th August 2021. Mr. Colin Shah, Chairman, GJEPC said, “To cater to the pent-up demand and a call from exhibitors
India Govt to Issue Guidelines on Hallmarking Soon
Mumbai: Based on multiple meetings with the Expert Committee members last week, the Ministry of Consumer Affairs will be soon coming out with extant rules for implementation of Hallmarking act along with amendments. India’s Gem & Jewellery Export Promotion Council (GJEPC) as part of the Expert Committee had made a series of representations and had rigorously followed up with the
GJEPC Appreciates USTR’s Decision to Suspend Tariffs
Mumbai: Announcing the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by India, Austria, Italy, Spain, and Turkey, United States Trade Representative (USTR) has suspended tariffs on goods from these countries for up to 180 days to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and in the
'Forevermark' Reaffirms Commitment to Natural World
Mumbai: Forevermark, the diamond brand from the De Beers Group, that has made a long-term commitment to take care of the natural environment and focus on ‘Building Forever’, is on track to achieve the 12 sustainability goals in the coming decade. These goals include leading ethical practices across industry, partnering for thriving communities, protecting the natural world and accelerating equal
How Many Years will the Diamonds Reserves Last?
Mumbai: Global economically viable diamond reserves are estimated at about 1.8 billion carats. At the current annual production level of roughly 90 million carats, these reserves are expected to sustain the market for around 20 years. The estimate was shared by Sergey Takhiev, Head of Corporate Finance and Investor Relations at Alrosa. More than half of the world’s diamond reserves
Oman Abolishes Import Duty on Indian Jewellery
Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at
BDB Honoured with Excellence in Surveillance Award
Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,
Comprehensive Discussion on Govt. G&J Policy
Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive
