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?
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Top News
Kolkata Gets its First Forevermark Boutique
Kolkata: Forevermark, the diamond brand from the De Beers Group of Companies, opens its exclusive boutique in Kolkata for the first time ever. The Forevermark Boutique is only the second such store in the world. Housed at South City Mall in Kolkata, the boutique exclusively carries Forevermark which are the world’s most carefully selected diamonds in a wide variety of jewellery and loose assortment. Every Forevermark
CIBJO President Meets Pope Francis I in Vatican
Milan: CIBJO President Gaetano Cavalieri has had a private audience with Pope Francis I, the head of Catholic Church. It took place during a conference in Vatican City in Rome on Saturday, organised by the Centesimus Annus pro Pontifice Foundation on the theme, “New Policies and Lifestyles in the Digital Age.” During their discussion, Dr. Cavalieri stressed the responsibility of the business
ABN Amro Closing NY, Dubai Diamond Lending Offices
New York: ABN Amro is closing its diamond and jewelry lending offices in both New York and Dubai as it continues to cut back on financing to the trade as a whole, reports National Jewellery. Brigitte Seegers, a spokeswoman for the Amsterdam-based bank, said it made the announcement during its first quarter earnings call May 14 that it will “discontinue”
GIA India Classroom in Surat Moves to a New Location
Surat: GIA India is set to open a new classroom in Surat in early May. The new classroom will offer programmes in diamonds, coloured stones, pearls, jewellery design and merchandising, to help students, professionals and business owners acquire specialised skills to help them succeed in the gem and jewellery industry. Located at Piplod, Surat, the classroom will enhance the learning experience of
Kolkata Gets its First Forevermark Boutique
Kolkata: Forevermark, the diamond brand from the De Beers Group of Companies, opens its exclusive boutique in Kolkata for the first time ever. The Forevermark Boutique is only the second such store in the world. Housed at South City Mall in Kolkata, the boutique exclusively carries Forevermark which are the world’s most carefully selected diamonds in a wide variety of jewellery and loose assortment. Every Forevermark
CIBJO President Meets Pope Francis I in Vatican
Milan: CIBJO President Gaetano Cavalieri has had a private audience with Pope Francis I, the head of Catholic Church. It took place during a conference in Vatican City in Rome on Saturday, organised by the Centesimus Annus pro Pontifice Foundation on the theme, “New Policies and Lifestyles in the Digital Age.” During their discussion, Dr. Cavalieri stressed the responsibility of the business
ABN Amro Closing NY, Dubai Diamond Lending Offices
New York: ABN Amro is closing its diamond and jewelry lending offices in both New York and Dubai as it continues to cut back on financing to the trade as a whole, reports National Jewellery. Brigitte Seegers, a spokeswoman for the Amsterdam-based bank, said it made the announcement during its first quarter earnings call May 14 that it will “discontinue”
GIA India Classroom in Surat Moves to a New Location
Surat: GIA India is set to open a new classroom in Surat in early May. The new classroom will offer programmes in diamonds, coloured stones, pearls, jewellery design and merchandising, to help students, professionals and business owners acquire specialised skills to help them succeed in the gem and jewellery industry. Located at Piplod, Surat, the classroom will enhance the learning experience of
