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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Economic Survey Favours Multiple Jewellery Parks
New Delhi: The Economic Survey, tabled by India’s Finance Minister Mr. Arun Jaitley on Monday, recommended setting up more multiple jewellery parks in order to boost exports and increase job opportunities in the Gems & Jewellery sector. India is one of the largest exporters of gems and jewellery and industry is considered to play a vital role in the country’s
Manepally Jewellers Brings Forevermark in Hyderabad
Hyderabad: Manepally Jewellers, the oldest jeweller in Hyderabad launches its association with Forevermark, the diamond brand from the De Beers Group of Companies, with actress Raashi Khanna at their store. Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, Manepally Jewellers guarantees customer satisfaction and exquisite craftsmanship. The synergy of these two brands has brought about an ideal
India Rough Gemstones Show Ends Successfully
Jaipur: The first-ever India Rough Gemstones show held from 8th -10th at Hotel Marriott in Jaipur organized by The Gem & Jewellery Export Promotion Council (GJEPC) concluded successfully. Mr. Subhash Chand Agarwal, Commissioner of Customs, Jaipur was the Chief Guest for the event. Miners and traders in rough gemstones from Afghanistan, Canada, Ethiopia, Hong Kong (SAR of China), Madagascar, Tanzania,
India Diamond Week from 23rd April, 2018
Mumbai: The Bharat Diamond Bourse (BDB) will be organizing an India Diamond Week from April 23-25, 2018 in Mumbai. “India is the largest diamond manufacturing centre in the world and BDB is the address of the largest diamond trading community in the country,” explained Mehul Shah, Vice President of BDB. “Though this is the first event of its kind being
Qatar Diamond Exchange Broadens Asian Presence
Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
De Beers Reports Lower Q3 Output
London: De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8
New FEMA Guidelines to Exporters Explained
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which
