Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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Should Airlines Ban Carrying Gold in Hand?
India Should Focus on Incremental Changes in KP
Mumbai (By Suresh Chotai): More than two decades after the Kimberley Process (KP) was born, the diamond industry still faces an uncomfortable truth: the global system designed to keep “Conflict diamonds” out of the market is stuck in the past. The Kimberley Process defines conflict diamonds narrowly—stones used by rebel movements to finance wars against legitimate governments. That definition made sense in the early 2000s, when conflicts in Sierra Leone and Angola shocked the world. But today, violence linked to
India Should Focus on Incremental Changes in KP
Mumbai (By Suresh Chotai): More than two decades after the Kimberley Process (KP) was born, the diamond industry still faces an uncomfortable truth: the global system designed to keep “Conflict diamonds” out of the market is stuck in the past. The Kimberley Process defines conflict diamonds narrowly—stones used by rebel movements to finance wars against legitimate governments. That definition made sense in the early 2000s, when conflicts in Sierra Leone and Angola shocked the world. But today, violence linked to
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Undisclosed Synthetics Detected in Surat
Surat: The Surat Diamond Association (SDA) on Saturday detected 110 piece of synthetic diamonds from a packet belonging to two diamond traders operating from the Mini Bazaar diamond market in Varachha, according to a report published in The Times of India. This is the first time that synthetic diamonds have been detected from the world’s largest diamond cutting and polishing
GJF Welcomes Govt’s Move to Ease Gold Import
Mumbai: All India Gems and Jewellery Trade Federation (GJF) welcomed the Union Government’s recent initiatives to ease supply of gold as raw materials but sought industry status for the sector and National Jewellery Council status for the Federation so that it could implement key initiatives for the sector. GJF has urged the Government to create several jewellery parks with shared
8th Edition of Signature IIJS Inaugurated
Mumbai: The Gem and Jewellery Export Promotion Council officially inaugurated its eight edition of Signature on February 20, 2015, at the Bombay Exhibition Centre (NSE Complex) in Mumbai. It promises to be a grand event as over 580 exhibitors will be participating with over 1,100 booths spread over the 30,000 sq m venue. The event will witness more than 7,000
India Lifts Ban on Gold Coin, Medallion Imports
Mumbai: The Reserve Bank of India (RBI) said on Wednesday the import of gold coins and medallions will no longer be prohibited, pending further review, reports Financial Express. However, the limits on banks in selling gold coins and medallions are not being removed, the RBI said. Banks are free to grant gold metal loans, the RBI said, adding that rules
Undisclosed Synthetics Detected in Surat
Surat: The Surat Diamond Association (SDA) on Saturday detected 110 piece of synthetic diamonds from a packet belonging to two diamond traders operating from the Mini Bazaar diamond market in Varachha, according to a report published in The Times of India. This is the first time that synthetic diamonds have been detected from the world’s largest diamond cutting and polishing
GJF Welcomes Govt’s Move to Ease Gold Import
Mumbai: All India Gems and Jewellery Trade Federation (GJF) welcomed the Union Government’s recent initiatives to ease supply of gold as raw materials but sought industry status for the sector and National Jewellery Council status for the Federation so that it could implement key initiatives for the sector. GJF has urged the Government to create several jewellery parks with shared
8th Edition of Signature IIJS Inaugurated
Mumbai: The Gem and Jewellery Export Promotion Council officially inaugurated its eight edition of Signature on February 20, 2015, at the Bombay Exhibition Centre (NSE Complex) in Mumbai. It promises to be a grand event as over 580 exhibitors will be participating with over 1,100 booths spread over the 30,000 sq m venue. The event will witness more than 7,000
India Lifts Ban on Gold Coin, Medallion Imports
Mumbai: The Reserve Bank of India (RBI) said on Wednesday the import of gold coins and medallions will no longer be prohibited, pending further review, reports Financial Express. However, the limits on banks in selling gold coins and medallions are not being removed, the RBI said. Banks are free to grant gold metal loans, the RBI said, adding that rules
