Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low
Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15, news emerged that US and Iranian negotiators had agreed a memorandum of understanding with formal signing scheduled for June 19 in Switzerland; oil declined to a two-month low on the announcement, with Brent falling below $80 per barrel after losing roughly 15% over four sessions. On Tuesday June 16, the World Gold Council released its Central Banks Gold Reserves Survey
A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low
Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15, news emerged that US and Iranian negotiators had agreed a memorandum of understanding with formal signing scheduled for June 19 in Switzerland; oil declined to a two-month low on the announcement, with Brent falling below $80 per barrel after losing roughly 15% over four sessions. On Tuesday June 16, the World Gold Council released its Central Banks Gold Reserves Survey
Top News
India’s Gold Jewellery Demand to Rise 10% in 2015
Mumbai: According to independent rating agency ICRA, India’s gold jewellery demand next year is expected to touch $32 billion, rising 10%, Diamond World reports. This prediction is being linked to the progressive consumer sentiments. The agency notes that demand could rise in volume terms following the Indian government’s decisions to lift the 80:20 gold import rule, a more positive outlook
Modi Assures of a ‘Road Map’ to “Make In India”
New Delhi: In a day-long workshop on ‘Make in India’ held on 29th December 2014, the Indian Prime Minister Mr. Narendra Modi assured Indian industries of a ‘Road Map’ and wished to change the culture of the government to one where Responsibility, Ownership, Accountability, Discipline are the norms. The Prime Minister also said that Human Resource Development, Innovation and Research
GJEPC’s Investment-plans for Make in India
New Delhi: On the heels of the recently concluded World Diamond Conference, a highly successful and globally appreciated conclave, Gems & Jewelry Export Promotion Council (GJEPC), the apex body of gems and jewellery exports in India, presents a memorandum outlining the 1 year and 3 year action plan for the gem and jewellery sector. The memorandum is a conclusive action
No De Beers Office in India
Mumbai: De Beers, the global diamond mining company, says it has no plan to open a trading office in India. “The auction sales customers in India are serviced out of either Dubai or Antwerp,” said a spokesperson, to a Business Standard query. The Gems and Jewellery Export Promotion Council (GJEPC) had been pressing the central government to declare a large
India’s Gold Jewellery Demand to Rise 10% in 2015
Mumbai: According to independent rating agency ICRA, India’s gold jewellery demand next year is expected to touch $32 billion, rising 10%, Diamond World reports. This prediction is being linked to the progressive consumer sentiments. The agency notes that demand could rise in volume terms following the Indian government’s decisions to lift the 80:20 gold import rule, a more positive outlook
Modi Assures of a ‘Road Map’ to “Make In India”
New Delhi: In a day-long workshop on ‘Make in India’ held on 29th December 2014, the Indian Prime Minister Mr. Narendra Modi assured Indian industries of a ‘Road Map’ and wished to change the culture of the government to one where Responsibility, Ownership, Accountability, Discipline are the norms. The Prime Minister also said that Human Resource Development, Innovation and Research
GJEPC’s Investment-plans for Make in India
New Delhi: On the heels of the recently concluded World Diamond Conference, a highly successful and globally appreciated conclave, Gems & Jewelry Export Promotion Council (GJEPC), the apex body of gems and jewellery exports in India, presents a memorandum outlining the 1 year and 3 year action plan for the gem and jewellery sector. The memorandum is a conclusive action
No De Beers Office in India
Mumbai: De Beers, the global diamond mining company, says it has no plan to open a trading office in India. “The auction sales customers in India are serviced out of either Dubai or Antwerp,” said a spokesperson, to a Business Standard query. The Gems and Jewellery Export Promotion Council (GJEPC) had been pressing the central government to declare a large
