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
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GJEPC Headed G&J Sector During President’s Botswana Visit
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the
Sky Gold Registers Growth Oriented Q2 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT
Enduring Q2 Performance by Senco Gold
Kolkata: Senco Gold Limited has announced its consolidated results for the quarter and half-year ended 30th September 2025. The company has a robust network of over 192 showrooms across 17 states and UTs. (Rs in Cr) Speaking of the performance, Mr. Suvankar Sen, Managing Director & CEO, Senco Gold Ltd, said, “We are pleased to report that we have delivered an enduring performance in Q2, despite the highest-ever gold prices reaching to Rs. 11650/gm
India Govt. Approves Export Promotion Mission
New Delhi: The Union Cabinet chaired by the Prime Minister Mr. Narendra Modi has approved the Export Promotion Mission (EPM), a flagship initiative announced in the Union Budget 2025–26 to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. The Mission will provide a comprehensive, flexible, and digitally driven framework for export promotion, with a total outlay
Russia Becomes Top Diamond Producer in 2014
Moscow: Global diamond output grew 4 percent in value last year to $14.5 billion as the average price per carat jumped 8 percent to $116.17 and Russia displaced Botswana as the world’s largest producer, according to data published by the Kimberley Process Certification Scheme (KPCS). In terms of volume, production fell by 4 percent to 124.778 million carats. Russia, which
CIBJO Congress Becomes 1st Carbon-Neutral Event
Milan: With the submission of a report that carefully details the carbon footprint of this year’s CIBJO Congress, which took place in Salvador da Bahia, Brazil, May 4-6, 2015, and the purchase by CIBJO of offsetting carbon credits, the annual gathering of the World Jewellery Confederation is to officially become the first-ever major event in the industry to qualify as
De Beers Cuts Diamond Prices to Boost Demand
Gaborone: De Beers, the world’s biggest diamond producer, has lowered prices by as much as nine percent to boost sales, Bloomberg News said Monday quoting three unnamed sources. The move came amid a wider commodities slump, with global stock markets plunging over fears of an economic slowdown in China, a key growth sector for diamond sales. The price cuts follow
Large Diamond Missing from Madhya Pradesh
Bhopal: A large diamond, thought to be worth as much as Rs 500 million ($7.47 million) has gone missing from Panna in the Madhya Pradesh district of India. According to State minister and local MLA Kusum Mehedele, the “gooseberry-sized” stone should have been in the diamond office where it would have been properly valued before auction. In a letter written
