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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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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IIJS Bharat Signature 2026 Opens on 8th Jan

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention

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IIJS Signature 2026: Setting the Tone for a Confident Indian G&J Ind.

Mumbai: (By Suresh Chotai) As the global jewellery industry navigates shifting consumer preferences, geopolitical uncertainties, and evolving supply dynamics, India continues to stand tall as a resilient, design-led, and manufacturing-driven powerhouse. IIJS Bharat Signature 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to open the year (from 8th to 12th Jan) with renewed optimism, strategic

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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

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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

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GJEPC Holds Stall Allotment for Inaugural IIJS Tritiya

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) conducted the stall allotment procedure for its brand new Bengaluru-based show IIJS Tritiya, at Jio World Centre in Mumbai on 19th December. Some 1500+ booths were allocated to 800+ exhibitors on the same day through a transparent process via an online platform that provided a real-time view of the booths being

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India's Platinum Jewellery Sales Grow by 35%: PJBR

Hong Kong: Despite global geopolitical and economic challenges and the dampening effect of COVID-19, strategic efforts by Platinum Guild International (PGI) to boost sales and heighten the desirability of precious platinum have forged upswings in key markets, as evidenced by the Platinum Jewellery Business Review (PJBR) Q3 2022. “PGI’s mission to boost the desirability of platinum and drive sales for

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CBI Files 3 New Cases against Mehul Choksi

Mumbai: India’s Central Bureau of Investigation (CBI) filed three FIRs on Friday against fugitive Mehul Choksi for cheating and causing a loss of ₹6,800 crore to a consortium of banks. All the FIRs are filed by Mr. Vijay Wadhwa, Deputy General Manager of Punjab National Bank (PNB) on March 21, 2022. The first one states that Mehul Choksi, director of

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Stage Set for Nirav Modi's Extradition to India

London: In his appeal, Nirav Modi argued that there was a high risk of suicide if he was extradited to India to face trial in the multi-crore PNB scam case. Diamond merchant Nirav Modi, accused in the Punjab National Bank (PNB) fraud and money laundering case, suffered another setback in his legal battle against his extradition to India. The High

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