We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
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
Belgian PM Visited Bharat Diamond Diamond Bourse
Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the
IIJS Bharat Premiere-the Show that Broke all Records
Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across
IIM Ahmedabad & GJC Continue Landmark Collaboration
Ahmedabad: All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at
GJEPC’s Australia-New Zealand Trade Mission
Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General
Gems One Introduces the Epic 101 Diamond Cut
New York: Gems One launched the Epic 101, a new branded special cut diamond that features 101 facets and employs what the company said was a faceting architecture designed to provide maximum light performance. The company is marketing the Epic 101 to authorized dealers to gain a competitive advantage in the bridal category. Anuj Jain, the president of Gems One,
Zim ‘Shocked’ with Accounts of Diamond Mines
Harare: Zimbabwe’s auditor general Mildred Chiri has revealed in her latest government audit report that she was “shocked” to find that most diamond mining companies in the Marange area have been operating “in the red” since 2013. NewsDay reports that the companies had their current liabilities exceeding current assets by a wide margin. On Marange Resources, auditors discovered that the
Alrosa to up investment in Angola
Moscow: Russian diamond mining giant Alrosa, which currently has a stake in Angola’s Catoca, is set to up its investment in the southern African country. Catoca produces about 75 percent of Angola’s gems. Angolan news agency, Angop quoted the company chief executive Andrey Zharkov as saying that Arosa would implement a series of projects in partnership with Endiama and other
India May Scrap Import Curbs on Gold-Silver Alloy
Mumbai: Officials of the Reserve Bank of India (RBI) and the country’s finance ministry are in talks to scrap bulk import licenses for a gold-silver alloy used by domestic refiners, months after relaxing curbs on gold imports, it is learnt. Gold is India’s second-highest import in value terms, and a jump in imports widened the current account deficit in 2013,
