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
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ED Files New Charges Against Mehul Choksi
Mumbai: The Enforcement Directorate of India (ED) has filed a charge sheet against fugitive jeweller Mehul Choksi, elaborating how he allegedly ran an organised racket to cheat customers and lenders in India, Dubai and the US, including top financial institutions, by dealing in “lab grown diamonds” and selling off properties, details accessed by Hindustan Times reveal. The charge sheet is
GJEPC Suggests Ways to Boost Exports from SEZs
Mumbai: The global gem and jewellery export market is valued at $629.06 billion of which India’s share is 6.2% or $31.45 billion. Of this, every year almost a quarter of India’s gem and jewellery exports have been generated through Special Economic Zones (SEZs). In a recent video meeting with the Department of Commerce, India’s Gem and Jewellery Export Promotion Council
India Govt. Increases Duty Drawback on Gold by 16%
Mumbai: The Government of India has increased duty drawback rate on gold by 15.6% from Rs.372.9 per gm to Rs.431.1 per gm, which will enable exporters to get higher returns on duty and taxes that were paid for the raw materials against the exported products. Meanwhile, the duty drawback on silver jewellery has been reduced by 5% from Rs.4,332.2 per
De Beers Conducts Diamond Insight Flash Report 2
Mumbai: To augment our existing research program, De Beers is conducting additional consumer, retailer and supply chain touch-bases to understand the pain points and the opportunities for partners large and small across the pipeline. In March 2020, we launched a weekly quantitative survey to collect data on the attitudes, behaviors and expectations of consumers in the US. Once a month
Platinum Love Bands Unveils New Season Collection
Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.
De Beers Announces Changes to Exe. Committee
London: De Beers Group has announced changes to its Executive Committee, with current Chief Operating Officer, Burger Greeff, retiring at the end of the year following three decades of exceptional service. Kevin Smith, currently Executive Vice President, Corporate Affairs & Strategy, will become Interim Chief Operating Officer, while Eirik Waerness, currently Senior Vice President & Chief Economist, will move into
D.P. Abhushan Delivers Strong Performance in Ǫ2
Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,
GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector
New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by the Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Bhansali was representing the Gems & Jewellery (G&J) sector that
