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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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16 Indian Cos Participating in India Diamond Week
Mumbai: In its effort to promote the Indian gems and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) in association with Diamond Dealer Club is organizing the 5th India Diamond Week from August 22 to 25, 2016 at the Diamond Dealers Club, 580 5th Avenue, New York. The main purpose of the four-day event is to create an
Pravasi Bharatiya Samman Awards on 9th Jan ’17
New Delhi: The Ministry of External Affairs, Government of India is organizing Pravasi Bharatiya Samman Awards (PBSA) on 9th January, 2017. PBSA are conferred as part of the Pravasi Bharatiya Divas Conventions that have been organized by the Government of India since 2003. PBSA is the highest honor conferred on Overseas Indians. The Awards shall be presented by the Ministry
KP Chair Releases Mid-Term Report
Dubai: In something of a departure, Kimberley Process (KP) Chair Ahmed Bin Sulayem released a mid-term report about the organization’s activities so far. Some of the initiatives included visits to diamond mining countries in Africa, valuation seminars, and putting under consideration a proposal for using blockchain technology in the diamond industry for greater security. Blockchain has been described as an
Urjit Patel is New RBI Governor
New Delhi: The Narendra Modi government on Saturday signaled continuity by naming Raghuram Rajan’s key deputy, Urjit Patel, as the 24th governor of the Reserve Bank of India (RBI), according to media reports. “Apart from continuity, what worked in Patel’s favour is his knowledge of monetary policy. Plus, he is in sync with the government’s growth aspiration,” a person close
Antwerp Presents Ring with 321 Natural Diamonds to the US
Antwerp: During the celebration of the 250th anniversary of the United States (US) in the Parc du Cinquantenaire in Brussels, the Antwerp diamond sector presented an exclusive ring set with 321 natural diamonds to U.S. President Donald Trump. The ring symbolizes the historic trade relationship between Antwerp and the United States – for decades the most important export market for
From London to Athens, GJEPC Builds New Export Opportunities
London: Representing India’s gem & jewellery industry (G&J), the Gem & Jewellery Export Promotion Council (GJEPC) Vice Chairman Mr. Shaunak Parikh joined the high-level business delegation led by India’s Commerce & Industry Minister Mr. Piyush Goyal to the UK and Greece. In the UK, GJEPC championed the industry’s priorities as the India–UK FTA paves the way for gem & jewellery
Candere Announces Smriti Mandhana as its New Brand Ambassador
Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan Jewellers, has announced celebrated Indian cricketer Smriti Mandhana as its new brand ambassador. Joining Shahrukh Khan as the face of the brand, Smriti’s association marks a significant step in Candere’s journey to strengthen its connect with young, modern Indian consumers. One of India’s most accomplished cricketers, Smriti has built
GJEPC Urges RBI to Ease Banking Norms to Boost G&J Exports
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has urged the Reserve Bank of India (RBI) to introduce a series of banking and regulatory reforms to strengthen the competitiveness of India’s gem and jewellery (G&J) exports. The Council’s recommendations focus on improving exporters’ access to working capital, reducing compliance bottlenecks, streamlining banking procedures and creating a more facilitative regulatory
