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
Paul De Wachter Named as CEO, HRD Antwerp
Mumbai: The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with
Mallikarjuna Reddy Yarabolu Named as MD of Forevermark India
London: De Beers Group has named retail veteran Mallikarjuna Reddy Yarabolu as Managing Director of Forevermark India, effective January 2026. With over 20 years of experience across fashion, retail and luxury, Yarabolu is expected to drive growth and deepen Forevermark’s presence in the evolving Indian jewellery market. De Beers Group has announced the appointment of Mallikarjuna Reddy Yarabolu as Managing
Cautious Optimism to Prevail Over the Industry in 2026
Mumbai: (By Akash Talesara): As someone closely associated with the diamond and jewellery industry, I view 2025 as a year of stabilization, recalibration and disciplined execution. While the sector demonstrated resilience across key markets, certain external factors, particularly trade-related developments had a tangible impact on overall performance. Performance in 2025: The year 2025 was largely characterized by consolidation and gradual recovery.
BIS Initiative to Strengthen Consumer Confidence
Mumbai: As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand. Within this broader growth, diamond
GJEPC Unveils Bold & New Initiatives
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) announced major initiatives that reflect the Council’s commitment to innovation, digital transformation, and national pride. During the recently concluded IIJS Premiere 2025, Mr. Nirav Bhansali, Convener – National Exhibitions, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC, gave a lowdown on the new projects aimed at elevating India’s position in the
Titan Plans to Shift Manufacturing Units to UAE
Mumbai: Titan, India’s largest jeweller and watchmaker, is considering moving part of its manufacturing operations to the UAE to preserve low-tariff access to U.S. markets amid escalating trade tensions between Washington and New Delhi, according to media reports. A part of the Tata Group, Titan recently announced plans to acquire a majority stake in Dubai-based luxury retailer Damas, which runs
Gemfields Sells ‘Faberge’ for $ 50 Million
London: Gemfields announces that it has signed an agreement to sell its entire interest in wholly owned Fabergé Limited (‘Fabergé’), the iconic luxury brand, to SMG Capital LLC (the ‘Buyer’), for a total consideration of USD 50 million. Of that sum, USD 45 million is payable to Gemfields by the Buyer on completion of the sale (which is expected on
GJEPC to Celebrate PM’s 75th Birth Day in a Unique Way
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has pledged to introduce a nationwide blood donation campaign to commemorate and celebrate Hon’ble Prime Minister Mr. Narendra Modi’s birthday on 17th September 2025. The same day will be celebrated as the National Jewellers Day every year. Mr. Nirav Bhansali, Convener, National Exhibitions GJEPC announced during the IIJS Premiere 2025 that
