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
Piyush Goyal Inaugurates NEST 2 at SEEPZ
Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under
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
De Beers 2022 Revenues Rise 18% To $6.6 Billion
London: De Beers’ total revenue for the full year 2022 increased 18% to $6.6 billion compared with $5.6 billion in 2021. Rough diamond sales in value terms grew 22% to $6.0 billion versus $4.9 billion in 2021, reflecting strong demand for rough diamonds, particularly in the first half of the year, with the midstream replenishing stocks following strong consumer demand
JGTD Attains 20% Growth
Dubai: Jewellery, Gem & Technology in Dubai (JGTD) saw a year-over-year 20% boost in buyer attendance throughout its three-day run, driven by an influx of new and returning buyers from 95 countries and regions. Held from 12 to 14 February at the Dubai World Trade Centre (DWTC), the B2B show is poised to live up to its boundless potential as
GIA India Makes Contribution to GJNRF
Mumbai: As a part of its Corporate Social Responsibility (CSR) initiatives, GIA India Laboratory Private Limited made a contribution to the Gem & Jewellery National Relief Foundation (GJNRF) for the Swasthya Kosh Fund, which provides preventive healthcare through an insurance plan for contracted workers of the gem and jewellery industry. GJNRF is a fund created by the Gem & Jewellery
IIJS Premiere 2023 to be Held at 2 Venues in Mumbai
Mumbai: The India International Jewellery Show(IIJS) Premiere, for the first time in its 39-year old history, will be held at two different venues in Mumbai city – NESCO Goregaon & JIO World. This distinct move highlights the increasing importance of the gem and jewellery industry in both domestic and export trade in India. IIJS Premiere 2023 will witness the industry’s
