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
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s G&J Exports Grow 3.66% in 1H of ’25-26
Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and
IIBX & GJEPC Facilitate First-Ever Duty-Free Gold Import
Mumbai: The India International Bullion Exchange (IIBX), in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC), has achieved a major milestone by facilitating the country’s first-ever duty-free import of gold under the Directorate General of Foreign Trade’s (DGFT) Advance Authorisation Scheme. This breakthrough marks a new chapter in India’s bullion market, aligning with the government’s vision to streamline
Kirit Bhansali Attends India-UK CEOs Forum
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Kirit Bhansali was privileged to represent the gem and jewellery sector as part of the distinguished delegation accompanying Hon’ble Prime Minister Mr. Narendra Modi during his discussions with UK Prime Minister Sir Keir Starmer at the India-UK CEOs Forum . This high-level trade mission underscores the strong commitment of
Interpol Withdraws Red Notice Against Mehul Choksi
London: The removal of fugitive diamantaire Mehul Choksi’s name from the Interpol database of Red Notices has drawn condemnation from the Opposition parties in India, while the Central Bureau of Investigation (CBI) has sought the restoration of the notice. Mehul Choksi is the owner of Gitanjali Group, a jewellery firm with 4,000 stores in India. He, along with his nephew
IDMA's 40th Congress to kick off on March 28
Antwerp: The International Diamond Manufacturers Association (IDMA) will kick off its 40th Congress with a “Conversations with Industry Leaders” happening on the afternoon of March 28 at the D-Mall, adjacent to the Maccabi Building of the Israel Diamond Exchange complex. The panel discussion sessions will run from 13:00 to 17:00 hours on March 28. They will include conversations about the
DMIA Held its First ‘Meet & Greet'
New York: The Diamond Manufacturers and Importers Association of America (DMIA) held its first annual member “meet-and-greet-and inform” cocktail reception on Wednesday, March 15, 2023. A well-attended DMIA membership meeting followed the reception. DMIA had invited representatives of GIA (the Gemological Institute of America), the Natural Diamond Council (NDC), the International Gemological Institute (IGI), De Beers, and the U.S. Department
PNG Jewellers Signs Madhuri Dixit as Brand Ambassador
Mumbai: PNG Jewellers, announced the signing of Madhuri Dixit as its brand ambassador for the next two years. Madhuri Dixit, the renowned Bollywood actress, known for her elegance and grace, will represent the brand globally and across India. Madhuri was previously the brand ambassador for PNG Jewellers for a two year period. PNG Jewellers has been crafting exquisite jewellery for
