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 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
Top News
WFDB Congratulates New Officers of GJEPC
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his congratulations to the newly elected President and Vice-President of India’s Gem and Jewellery Export Promotion Council (GJEPC) following elections for the top positions. Pramod Kumar Agarwal has been elected as Chairman for the period of 2018 to 2020, while Colin Shah has been elected as the Vice
India Reduces GST on Polished Diamonds
Mumbai: The sharp cut in the rate of GST (Goods and Services Tax) on polished diamond has brought much cheer to processors and jewellery exporters. Around 94 per cent of the diamonds processed in the country would attract 0.25 per cent GST effective Friday, down from three per cent earlier, following the GST Council’s decision in this connection on Thursday.
Need for More Research on Gold in India
Ahmedabad: Gold in India continues to be a work in process from the perspective of a comprehensive economic policy. As a commodity, it is among the severely under-researched items given its importance in the economy as well as the society of our country. It employs more than 5 million people and has annual import bill of more than 200,000 crores
West Bengal Assures to Support G&J Sector
Kolkata: A GJF Delegation Led by Chairman Mr. Nitin khandelwal along with Mr. Shaankar Sen, Mr. Avinash Gupta, Mr. Ashok Bengani and Mr. Suvankar Sen met the Finance Minister (FM) of west Bengal Mr. Amit Mitra recently at the Bengal Global Business Summit in Kolkata. Over the round table discussion with the FM, on the side lines of the business
WFDB Congratulates New Officers of GJEPC
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his congratulations to the newly elected President and Vice-President of India’s Gem and Jewellery Export Promotion Council (GJEPC) following elections for the top positions. Pramod Kumar Agarwal has been elected as Chairman for the period of 2018 to 2020, while Colin Shah has been elected as the Vice
India Reduces GST on Polished Diamonds
Mumbai: The sharp cut in the rate of GST (Goods and Services Tax) on polished diamond has brought much cheer to processors and jewellery exporters. Around 94 per cent of the diamonds processed in the country would attract 0.25 per cent GST effective Friday, down from three per cent earlier, following the GST Council’s decision in this connection on Thursday.
Need for More Research on Gold in India
Ahmedabad: Gold in India continues to be a work in process from the perspective of a comprehensive economic policy. As a commodity, it is among the severely under-researched items given its importance in the economy as well as the society of our country. It employs more than 5 million people and has annual import bill of more than 200,000 crores
West Bengal Assures to Support G&J Sector
Kolkata: A GJF Delegation Led by Chairman Mr. Nitin khandelwal along with Mr. Shaankar Sen, Mr. Avinash Gupta, Mr. Ashok Bengani and Mr. Suvankar Sen met the Finance Minister (FM) of west Bengal Mr. Amit Mitra recently at the Bengal Global Business Summit in Kolkata. Over the round table discussion with the FM, on the side lines of the business
