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?
The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock
Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and silver trade, not because of what happened to international prices, but because of what happened in India. Two simultaneous shocks reshaped the domestic market: a near 1.6% rupee depreciation to a fresh record low of 95.98 per dollar on Friday, and a Wednesday government decision to raise the gold and silver import duty from 6% to 15%, followed by a
The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock
Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and silver trade, not because of what happened to international prices, but because of what happened in India. Two simultaneous shocks reshaped the domestic market: a near 1.6% rupee depreciation to a fresh record low of 95.98 per dollar on Friday, and a Wednesday government decision to raise the gold and silver import duty from 6% to 15%, followed by a
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DGFT Revises Wastage Norms for G&J Exports
Mumbai: On behalf of the industry, the Gem & Jewellery Export Promotion Council (GJEPC) extends its heartfelt appreciation to the Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry for their recent decision to put in abeyance the changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports. In a virtual meeting called
IIJS Prime Assure Sets New Record
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced the successful closure of stall applications for IIJS Prime Assure. An impressive 2200+ companies have applied for over 14,500 stalls. Mr. Vipul Shah, Chairman of GJEPC, expressed his gratitude, saying, “We extend our heartfelt thanks to our members for their steadfast support! The overwhelming response highlights the trust and
AWDC Pleas for Multiple Rough Verification Points outside EU
Antwerp: The spokesperson of Antwerp World Diamond Centre (AWDC) has issued a statement as below: “We strive for a transparent and sustainable diamond industry worldwide and we put the utmost importance to the highest ethical standards. This has been our position for years and will be for a long time to come, it is inherently linked to our DNA. We
Aurostar Joins NDC’s Select Stalwart Partners
Mumbai: The Natural Diamond Council (NDC), a leading advocate for the integrity and positive impact of the diamond industry, announced a new partnership with Aurostar today. This collaboration unites two industry leaders with a shared vision for a sustainable future. Aurostar is a globally recognized diamond manufacturer and builds on a legacy that started in 1966. It is helmed by
DGFT Revises Wastage Norms for G&J Exports
Mumbai: On behalf of the industry, the Gem & Jewellery Export Promotion Council (GJEPC) extends its heartfelt appreciation to the Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry for their recent decision to put in abeyance the changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports. In a virtual meeting called
IIJS Prime Assure Sets New Record
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced the successful closure of stall applications for IIJS Prime Assure. An impressive 2200+ companies have applied for over 14,500 stalls. Mr. Vipul Shah, Chairman of GJEPC, expressed his gratitude, saying, “We extend our heartfelt thanks to our members for their steadfast support! The overwhelming response highlights the trust and
AWDC Pleas for Multiple Rough Verification Points outside EU
Antwerp: The spokesperson of Antwerp World Diamond Centre (AWDC) has issued a statement as below: “We strive for a transparent and sustainable diamond industry worldwide and we put the utmost importance to the highest ethical standards. This has been our position for years and will be for a long time to come, it is inherently linked to our DNA. We
Aurostar Joins NDC’s Select Stalwart Partners
Mumbai: The Natural Diamond Council (NDC), a leading advocate for the integrity and positive impact of the diamond industry, announced a new partnership with Aurostar today. This collaboration unites two industry leaders with a shared vision for a sustainable future. Aurostar is a globally recognized diamond manufacturer and builds on a legacy that started in 1966. It is helmed by
