We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Industry Leaders’ Expectations from the Budget
Mumbai: The India Union Budget 2026-27 is expected to be presented on 1 February 2026 as India’s economy is forecast to expand by 7–7.5%, driven by resilient consumer spending, infrastructure upgrades, and ongoing policy initiatives. However India’s Gems and Jewellery sector (G&J) still needs some buster doze to bring it back on the track. We have received some feedbacks from
NDC Welcomes its New Members
Mumbai: The Board of Natural Diamond Council (NDC) is delighted to announce that Angola’s ENDIAMA E.P. and SODIAM E.P. have formally joined the organization as members, following the completion of all legal and regulatory requirements for accession. ENDIAMA E.P. – Empresa Nacional de Diamantes de Angola (National Diamond Company of Angola) is Angola’s state-owned diamond mining company, responsible for managing
SENCO Gold Receives IAGES Accreditation for its Stores in India
Kolkata: Senco Gold & Diamonds, having more than 100 stores across India, has been accredited with IAGES reinstating its commitment towards wining the trust and confidence of its consumers through its ethical, fair and transparent practices. SENCO Gold & Diamonds is one of the most recognized names in the Indian jewellery retail sector with more than 100 stores, having built
De Beers Group Launches ‘Heera Hai Aapke Liye’
Mumbai: De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Ms. Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative
Weak Ruble to Benefit Indian diamond Trade
Mumbai: The Indian diamond processing industry, the largest in the world, will benefit from the sliding Russian ruble which in the recent past has declined to even below 60 rubles per US dollar. It is estimated to have depreciated 40 per cent in 2014. By a happy coincidence, in early December, leading Indian diamond processors officially tied up with Russia’s
LUKOIL Plans to Produce 2 Mln Cts of Rough in '15
Moscow: It is expected that LUKOIL will produce up to 1.4 million carats of diamonds this year, and the next year’s production will increase by 40% to 2 million carats. The diamond business is not a strategic asset for LUKOIL, but the company is not currently seeking a buyer for its non-core diamond assets. However, Vagit Alekperov, the head of
2nd India-US Diamond Week from 12th Jan
Mumbai: Over 60 exhibitors, including Indian diamond companies and US-based Indian manufacturers, will be showcasing their products at the second India-US Diamond Week. The show, which is being held in association with the Diamond Dealers Club (DDC) New York, will take place between 12th & 15th January, 2015. A large number of visitors mainly from New York, with some from
India Unlikely to Put Fresh Curbs on Gold Imports
New Delhi: India is unlikely to put any fresh restrictions on gold imports, as the inward shipments have fallen sharply this month despite the recent easing of some curbs by RBI, reports Business Line. In the first fortnight of December, gold imports have fallen to about 25 tonnes from 150 tonnes during entire November. In December 2013, gold imports stood
