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
AWDC Donates Greetings' Budget to Charity
Antwerp: This year, the Antwerp World Diamond Centre (AWDC), representing the Antwerp diamond community, decided not to send out season’s greetings gifts or cards. Instead, 16 diamond ambassadors rolled up their sleeves and volunteered at the local Antwerp charity project “Moeders voor Moeders”, an organization which helps young families facing financial difficulties. AWDC will share its season’s greetings video from
Diamond Tycoon Beny Steinmetz Under Arrest
Ramat Gan: Billionaire Israeli diamond tycoon Beny Steinmetz has been placed under house arrest by an Israeli court, as police continue to look into his alleged involvement in an international money laundering and bribery case involving Guinea, according to Israeli media reports. Israeli police suspect Steinmetz of paying off officials in the west African country. He is alleged to have
GJSCI's RPL Goldsmith Prog. Gets Good Response
Kolkata: Gem & Jewellery Skill Council of India (GJSCI)’s Recognition of Prior Learning (RPL) program for goldsmiths launched at Kolkata last month at EduJobs Academy received an overwhelming response from the Goldsmiths, where the first batch of 125 Artisans finished the RPL assessment. The certificate dissemination ceremony was held at EduJobs Academy where Guest of Honour Mr. Rajiv Pratap Rudy,
IDE Reaches New Agreement with Tax Authority
Ramat Gan: After months of intensive negotiations the Israeli Diamond Industry has finalized the terms of an agreement with the Israeli Tax Authority. Today the boards of directors of the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDA) unanimously ratified the agreement. A special assembly of IDE members today also endorsed the new arrangement. The new tax
AWDC Donates Greetings' Budget to Charity
Antwerp: This year, the Antwerp World Diamond Centre (AWDC), representing the Antwerp diamond community, decided not to send out season’s greetings gifts or cards. Instead, 16 diamond ambassadors rolled up their sleeves and volunteered at the local Antwerp charity project “Moeders voor Moeders”, an organization which helps young families facing financial difficulties. AWDC will share its season’s greetings video from
Diamond Tycoon Beny Steinmetz Under Arrest
Ramat Gan: Billionaire Israeli diamond tycoon Beny Steinmetz has been placed under house arrest by an Israeli court, as police continue to look into his alleged involvement in an international money laundering and bribery case involving Guinea, according to Israeli media reports. Israeli police suspect Steinmetz of paying off officials in the west African country. He is alleged to have
GJSCI's RPL Goldsmith Prog. Gets Good Response
Kolkata: Gem & Jewellery Skill Council of India (GJSCI)’s Recognition of Prior Learning (RPL) program for goldsmiths launched at Kolkata last month at EduJobs Academy received an overwhelming response from the Goldsmiths, where the first batch of 125 Artisans finished the RPL assessment. The certificate dissemination ceremony was held at EduJobs Academy where Guest of Honour Mr. Rajiv Pratap Rudy,
IDE Reaches New Agreement with Tax Authority
Ramat Gan: After months of intensive negotiations the Israeli Diamond Industry has finalized the terms of an agreement with the Israeli Tax Authority. Today the boards of directors of the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDA) unanimously ratified the agreement. A special assembly of IDE members today also endorsed the new arrangement. The new tax
