We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
Top News
Antwerp Diamond Trade Fair with a New Form
Antwerp: The 8th edition of the Antwerp Diamond Trade Fair, which will be held from 29 to 31 January 2017 will have a new name, a new look and a new business model, the organizers said in a statement. The fair has been organized every year since 2010 by The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond
IDE’s Rough Allocation for Young Mfrs. Takes Off
Ramat Gan: The Israel Diamond Exchange’s program, in cooperation with Panford (Israel) Ltd., to offer a special allocation of rough diamonds for young diamantaires was officially launched yesterday. The program, which was originally announced in September 2014 at the initiative of Yoram Dvash, then head of the IDE Industry Committee, makes available small parcels of De Beers rough from first
Rajesh Exports Achieves Strong Results
Mumbai: Rajesh Exports reported strong fourth quarter [ended March] and full year FY2016 financial results where both revenues and earnings easily outpaced our estimates, according to a communication issued by ‘Evaluate Research’. On a quarterly basis, revenue and EPS surpassed our estimates by 2% and 24%, respectively. Moreover, the company’s annual figure also exceeded our revenue and EPS projection by
Pure Value Guarantee Program by PGD
Las Vegas: Pure Grown Diamonds (PGD), the leading distributor of Lab-Grown Diamonds announced the Pure Value Guarantee Program for all its customers. The program is aimed at assuring our retailers that they can buy Pure Grown Diamonds with confidence, and offer the same value proposition that they would with a mined Diamond to all their customers. You can sell a
India’s Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara
Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation
JGW Hong Kong Begins from 14th September
HONG KONG: Next month, the global jewellery industry has only one destination: Hong Kong. Organised by Informa Markets, JGW September (Jewellery & Gem World September) brings together 3,000+ exhibitors from 40+ countries and regions, all showcasing the collections that will define retail displays worldwide. This is the trade’s ultimate B2B sourcing destination: Six specialised buying experiences where attendees move beyond
GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
