Author name: JNI

The Gem & Jewellery Export Promotion Council (GJEPC), representing India’s global gem & jewellery trade, has proposed several recommendations to the Government ahead of the upcoming budget. India’s gem and jewellery industry heavily relies on imports for its raw materials, including gold, diamonds, silver, and colored gemstones. These materials are brought into the country and […]

Davos, Switzerland – 18th January 2023 – The Gem & Jewellery Export Promotion Council (GJEPC) and the Government of Maharashtra marked a significant milestone today with the official signing of a Memorandum of Understanding (MoU) during the World Economic Forum 2024. The agreement paves the way for the development of India’s first and largest Jewellery

CaratLane, India’s leading omni-channel jewellery brand, has marked the beginning of the festive season with the launch of its new collection, Alpona. The collection draws inspiration from the mesmerising traditional Bengali art style and its eight unique motifs, crafted with modern aesthetics. These intricate patterns carry profound meaning in each motif, symbolising prosperity, good health,

GIA’s (Gemological Institute of America) Gemolite NXT, the new gemological microscope that redefines industry standards, is available for purchase. GIA is offering a limited-time discount through the end of the AGTA GemFair Tuscon show for all purchases of this innovative instrument. Visit store.GIA.edu to sign up for the interest list. “Developed in conjunction with GIA’s

According to the available fact-n-figure, India’s Gold Jewellery, in the category of Plain & Studded; the total gross export of Gold Jewellery at US$ 901.52 million (Rs. 7508.05 crores) in month of December 2023 is showing a growth of 45.81% (47.32% in Rs. term) as compared to US$ 618.27 million (Rs. 5096.25 crores) for the

As per the recent data by GJEPC, the apex body for the gems & jewellery industry in India, the overall exports for the April 2023-December 2023 period have witnessed a downfall of 20.78% Y-o-Y to USD 22.7 billion from US$ 28664.98 million during the previous year. During December 2023, a drop of 9.04% to USD

In a Pre-Budget Quote, Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL) expressed that the expectations of the trade. Given the proximity of the national elections this year, we expect that the 2024 budget will be populist and people-friendly. The emphasis will continue on improving infrastructure, Make in India, electric vehicles, and power generation.

In a glittering celebration of excellence, the gem and jewellery industry bestowed its highest honour at the prestigious IIJS Signature Show, as they were inducted into the coveted Hall of Fame category. The event served as a platform to recognise the outstanding contributions of these trailblazers who have left an indelible mark on the industry.

While silver has long been valued as a precious metal, its high reflectivity and very good electrical conductivity have made it indispensable in photovoltaics, as well as electronics and other industrial applications. All told, the Silver Institute expects industrial demand to reach 632 million ounces in 2023 against total demand of 1.14 billion ounces. The

Daily gold market trading volumes around the globe averaged US$152bn in December, 13% lower m/m. While gold ETF volumes (+17%) increased, OTC transactions (-10%) and exchange-traded derivative activities (-18%) fell. In 2023, gold trading volumes surged by 24% compared to the 2022 daily average. This was chiefly supported by notably higher trading activities at the