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 Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
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National Jewellery Awards on 6th Feb in Mumbai
Mumbai: The All India Gems & Jewellery Trade Federation (GJF) has announced its 6th edition of National Jewellery Awards (NJA) 2015 -16, Grand Finale to be held in Mumbai on 6th February, 2016. The NJA, being the most prestigious awards of the Gems & Jewellery industry will recognize and honor design, talent and establish new trends in the Indian Jewellery
World's First Diamond-Backed Cryptocurrency
New York: The companies behind the world’s first diamond-backed cryptocurrency will start selling the digital coinage this month. The asset class used is colored diamonds, which the founders of the PinkCoin claim have not lost value since tracking began in 1959, reports Rapaport. Precious Investments and its subsidiary BitGem Asset Management (BAM) will launch the PinkCoin crowdsale – a crowdfunding
Gold Demand Down by 15% Due to Poor Rain
Kolkata: The demand for gold will be less this wedding season – by 10 per cent-15 per cent – beginning January 15 in rural India as farmers have been affected by a poor kharif crop due to inadequate rains, reports The Economic Times. Lower commodity prices have made matters worse for them, and now they are keeping their fingers crossed
Gujarat to Get First Arbitration Centre
Vadodara: For years now, Singapore has attracted a major chunk of arbitration business from India. Of the 287 cases arbitrated by the Singapore International Arbitration Centre (SIAC) in 2014, around 60% were those of Indian companies. However, companies won’t have to go that far to settle their disputes now. Vadodara is all set to house an International and Domestic Arbitration
Tendulkar Presents Cricket Kits to Kids on Behalf of Jewellers For Hope
Mumbai: Iconic cricketer Sachin Tendulkar today presented complete cricket kits to six children suffering from life threatening medical conditions on behalf of Jewellers for Hope and Make a Wish Foundation, India. The presentation took place at the residence of the cricketing legend on October 9. Colin Shah and Ashish Kothari represented the Jewellers for Hope and Deepak Bhatia, CEO attended
Zimbabwe Diamond Conference from 6th Nov 2014
Harare: The Second Zimbabwe Diamond Conference to take place next month will present the progress made by the country’s diamond industry following its admission as a member of the Kimberley Process Certification Scheme (KPCS) in 2011. The inaugural Zimbabwe Diamond Conference took place at Victoria Falls in November, 2012. The importance to the global diamond industry of the developing Zimbabwe
GJEPC Urges Gujarat Govt. For Trade Facilitation
Surat: A delegation under the leadership of Shri Vipul Shah, Chairman GJEPC met Mr. Saurabh Patel, Hon. Minister of Finance, Government of Gujarat to represent the Diamond trade issue on 8th October, 2014. The delegation consisted of Shri Chandrakant Sanghavi, Regional Chairman, Gujarat, Shri Ajesh Mehta, Co-Convenor, Diamond Panel Committee of GJEPC, Shri Aagam Sanghavi, Chairman, IDI, Shri Sabyasachi Ray,
GJEPC Submits Recommendations on SEZ Revival
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has submitted a report to the Ministry of Commerce, Government of India outlining detailed recommendations on the steps that should be taken for the revival of manufacturing activity in the Special Economic Zones (SEZ). The recommendations fall into three broad categories – related to SEZ Functioning, Tax Policy Support and Business
