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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Indian G&J Sector is Ready with GST Software
Kolkata: The gems and jewellery trade has almost completed the development of the software needed for GST implementation slated to put into effect from July one this year. “The software development for GST implementation in the gems and jewellery trade is almost complete. Now the jewellers across the country would be educated about the various aspects of the software through
Varda Shine to Join Sarine Technologies
Tel Aviv: Sarine Technologies Ltd has announced that former De Beers’ Diamond Trading Company (DTC) CEO Varda Shine has agreed to join its board of directors as an independent director, subject to approval at the Annual General Meeting to be held in Singapore on April 25. Shine’s career in the diamond industry has spanned 30 years. She has a wealth
GJSCI Signs MoU with Delhi Prison
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) signs a MOU with Delhi Prison for the ‘Tihar Women Inmates Skilling’ that aims at teaching the skills of jewellery making to the women inmates of Tihar Jail. The MoU was signed by Mr. Premkumar Kothari – Chairman of GJSCI, Mr. Ajay Verma- Director,IBJ India and Mr. Sudhir Yadav (I.P.S), Director
WHP Jewellers Bags Best Jewellery Chain Award
Mumbai: WHP Jewellers continues its eventful run with adding one more feather to the cap by bagging the prestigious ‘Best Jewellery Chain Award’ at the Times Retail Icon 2017. The award was presented to Mr. Aditya Pethe, Director, WHP Jewellers by the Current Mayor of Mumbai Shri. Vishwanath Mahadeshwar. With more than a century old, WHP Jewellers has personified heritage
IIJS Bharat Premiere Receives Special Messages from India’s FM, Gujarat CM
Mumbai: IIJS Bharat – Premiere 2026 has received special messages from India’s Finance Minister and Minister of Corporate Affairs, Mrs. Nirmala Sitharaman and also from Gujarat Chief Minister Mr. Bhupendra Patel, recognizing India’s growing leadership in the global gem & jewellery industry. IIJS Bharat Premiere has grown into one of the world’s leading business platforms for the gem and jewellery
PNG Jewellers Achieves Record Q1 FY27 Revenue of 24,130 Mn
Pune: P N Gadgil Jewellers Limited has announced its unaudited financial results for the quarter ended 30th June 2026. Key Financial & Operational Highlights: § Retail Contribution: Retail sales continued to strengthen, with the retail share of total revenue increasing to 78% in Q1 FY27 from 70% in Q1 FY26, reflecting the Company’s continued focus on expanding its high-margin retail business. § Strong Same-Store Performance: The Company delivered a robust Same-Store Sales Growth (SSSG) of 46.1% YoY, driven by healthy
US Tariff Could Dent Growth of India’s G&J Industry: GJC
Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,
The Platinum Buyer Seller Meet Ends Successfully
Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in
