Category Archives: Views

Mujeres Brillantes Inspires Women to Be Better Professionals

Ms. Ali Pastorini, Senior Vice President of the Panama Diamond Exchange (PDE), was unanimously elected in October 2016 by the group to serve as first president of Mujeres Brillantes, The association tries to help women in the jewellery and watch industries to advance and develop

Rural India is More Open to Monetization of Gold

Ahmedabad: In two studies conducted exhaustively among stakeholders by India Gold Policy Centre (IGPC) under Indian Institute of Management, Ahmedabad, the relevance of gold and need for its monetization remains as strong as ever. The two studies are part of a series of studies being

2016: The Year of Ups & Downs for G&J Industry

India’s Gem & Jewellery industry went through troubled times during 2016, especially after the Government withdrew currency notes of INR 500 and 1000 from circulation in first week of November. Already experiencing effects of down-turn in the global economy, the industry got another jolt of

Demonetization will Prove to be a Boon: Vijay Jain

Mumbai: The Platinum Guild International (PGI) has predicted that Indian demand for platinum jewellery would grow by double digits in 2017 and Japanese consumption will stay strong. “In 2017, we’re expecting significant double-digit growth in India and reasonable growth in Japan. While gold is a

Robust Demand for Platinum Jewellery in India

Mr. Huw Daniel, CEO of the London based Platinum Guild International (PGI) has recently said that demand for platinum would remain robust in India in the second half of 2016 as preference for the metal grows among young consumers amid a 10% to12% price differential

Fascinating World of Diamonds…In Three Weeks

Gaborone: The past few weeks have proven to be a very significant time for the business for very different reasons. I have found them to be immensely rewarding, encapsulating everything that makes the diamond sector so varied and so interesting. They have reminded me, if

RBI Front Loads Rate Cut

The Reserve Bank of India’s (RBI) monetary policy committee (MPC) chose to cut the policy rate while still maintaining that the risks to the retail inflation target of 5% for March 2017 remain on the upside. India Ratings and Research (Ind-Ra) believes this is clearly

Can ‘Blockchain Tech’ Eradicate Blood Diamonds?

Leaders of the global diamond industry have been working together for many years to eliminate the circulation of blood diamonds—stones that fuel violent conflicts through their sale, but they continue to be bought and sold. Kimberley Process (KP) Chair Mr. Ahmed Bin Sulayem recently released

Organized Jewellery Retailers Get their Glitter Back

Mumbai: After the contraction in demand for jewellery in 1HCY16, organized jewellery retailers are expected to witness a change in fate in the next three quarters and record 10%-12% top line growth in FY17, says India Ratings and Research (Ind-Ra). The sector posted flat revenue

Celebrating Golden Jubilee of the GJEPC…

The year 2016 is being celebrated as ‘Golden Jubilee’ of India’s Gem & Jewellery Export Promotion Council (GJEPC) which was set up by the Ministry of Commerce, Government of India (GoI) in 1966. This is one of several Export Promotion Councils (EPCs) launched by the