Gold discounts widened in India this week as demand faltered due to a rise in prices and a winding up of wedding season, while consumers remained...
The decline in gold imports has helped in narrowing the country’s trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against...
The 12 Building Forever goals focus on leading ethical practices across industry, partnering for thriving communities, protecting the natural world and accelerating equal opportunity De Beers...
According to data provided by the Gem & Jewellery Export Council (GJEPC), exports in this segment touched $1.7 billion in August. It was higher than the...
Reports say that the RBI is looking to hike its gold reserves to 10% of its total reserves as opposed to the current 6.5%. A Central...
Imports of the yellow metal stood at $13.16 billion (about Rs 91,440 crore) in the corresponding period of 2019-20. New Delhi: India’s gold imports, which have a...
US President Donald Trump has signed an order to end preferential economic treatment for Hong Kong, after China enacted a new security law there. Hong Kong...
Ease of Business, e-commerce, Amendments in Gold Monetisation Scheme, Priority Status for G&J sector, MyKYCBank platform mandatory for G&J entities, Increasing Bank Credit exposure to G&J...
The Dubai Diamond Exchange (DDE) is back in full operational mode, including the issuing of tenders. “While we continue to navigate a global economic slowdown, we...
Shenzhen’s multi-brand jeweller Ideal has transformed its 18-year-old traditional business model to a New Retail business virtually overnight in light of the coronavirus crisis. The retailer...
The import of the yellow metal stood at USD 3.97 billion in April 2019, according to the commerce ministry’s data. India’s gold imports contracted for the...
Mumbai, May 17 (PTI) Gems and jewellery exports in March declined 38.81 per cent to Rs 13,744.60 crore compared due to weak demand in importing countries...
The diamond industry in Surat has heaved a sigh of relief with the resumption of exports, though in a small quantity. Though exports to Hong Kong, a major...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
India’s gold imports plunged 99.9 per cent year-on-year in April to their lowest in nearly three decades, news agency Reuters reported citing a government source. The...
In a move aimed at protecting the interests of diamond processing industry, the apex body of the gem and jewellery industry has put forth a proposal...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...