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
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GJSCI Holds JOSH Convocation Ceremony
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) organized the convocation ceremony of JOSH for the 6th batch of specially abled candidates and the 12th batch of regular candidates on 16 January 2026 at the Bharat Ratnam Mega Common Facility Centre (CFC), SEEPZ. The ceremony marked the successful completion of training for the candidates, celebrating their hard work,
Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on
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
