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 Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
Mehul Choksi’s Extradition is Cleared by Belgium
Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of
Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45
Open House Session with Mumbai Customs Dept.
Mumbai: The Customs Zone–III successfully conducted an Open House Meeting on 4th December 2025, chaired by Mrs. Prachi Saroop, Principal Chief Commissioner of Customs, to deliberate on various operational and policy-related issues concerning customs functioning at PCCCC. The meeting saw active participation from trade members, industry representatives, exporters/importers, GJEPC and senior customs officials, fostering a transparent and collaborative environment. The
Kalyan Jewellers Enters United Kingdom
Thrissur: Kalyan Jewellers, one of India’s jewellery brands, has further strengthened its global presence with the launch of its new showroom on Belgrave Road widely known as Leicester’s Golden Mile, the UK’s most prominent jewellery and South Asian retail hub. This milestone entry into the United Kingdom marks a strategic leap in the brand’s international expansion journey, following its sustained
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
NDC Welcomes GJEPC Membership
Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second
Sky Gold & Diamonds Delivers Robust FY26 Performance
Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational
