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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Major Duty Relief to India's G&J Industry
Mumbai: A recent notification (Circular No. 17/2019-Customs; F.No. DGEP/G&J/06/2019, issued by Government of India, Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs, (Directorate General of Export Promotion)) has come as a major relief to the gems and jewellery (G&J) industry. In effect, the circular says that Additional Customs Duty / Countervailing Duty (CVD) is not
Global Gemstones Market to Grow at CAGR of 5%
New Delhi: Gemstones market will develop at a Compound Annual Growth Rate (CAGR) of approximately 5% during 2018 to 2026, as reported by a new research intelligence outlook of Future Market Insights (FMI), reports KNN. According to the FMI’s report, global demand for gemstones is envisaged to surge steadily over the course of coming years. Gemstones worth nearly US$ 22
KP Intersessional Meeting Concludes Successfully
Mumbai: India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting which started on 17th June and concluded on 21st June 2019. The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS – a tri-partite mechanism that unites participating governments, diamond industry and civil society. KPCS is an international mechanism mandated by UN to reduce the
CaratLane Launches its Fourth Store in Kolkata
Kolkata: CaratLane – A Tanishq Partnership, India’s leading omni-channel jeweller has launched its 4th store in Kolkata, taking the store count to 8 in the Eastern region of India and 61 across the country. Since its inception, CaratLane has revolutionised how Indian women buy and wear fine jewellery, by making modern, beautiful designs accessible to all. Situated at City Center 1, Salt Lake, a prominent residential
GJEPC Confers ’20 Under 40′ Awards
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit
Mehul Shah Conferred “Industry Legend” by GJEPC
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) honoured the ‘Legends of the Industry’ during the IIJS Bharat Premiere exhibition. Globally renowned change-makers in the Industry were invited and honoured in the presence of an august audience. This recognition by GJEPC honoring the change-makers as industry stalwarts descended to receive the recognition. Mr. Mehul Shah, Vice President of Bharat
‘Made in India’ Jewellery Must Become World’s Trusted Choice: Chirag Paswan at IIJS Bharat Premiere 2026
Mumbai: Mr. Chirag Paswan, Minister of Food Processing Industries, Government of India, today inaugurated the 42nd edition of IIJS Bharat Premiere 2026 at the Bombay Exhibition Centre (BEC), NESCO, Goregaon — highlighting the Indian gem and jewellery sector’s role in strengthening Brand India on the global stage. Joining him as Guests of Honour were Mr. Paul Rowley, Executive Vice President,
WGC Launches ‘Swarnim Udaan 2047’
Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness. As
