Author name: JNI

Botswana, which relies largely on diamond exports for 80% of its export revenue, is experiencing economic difficulty as a result of lower worldwide demand. Innocent Molalapata, the central bank’s director of research and financial stability, said during an economic briefing published by Reuters that the country may not meet its prior objective of 4.2% GDP […]

On June 15th, the Gem and Jewellery Export Promotion Council (GJEPC) collaborated with the Satara District Saraf Suvarnakar Association and the Satara Sarafa Association to hold an informative seminar to raise awareness about the benefits of GJEPC membership, MSME schemes, and IIJS visitor registration. Over 350 people attended the event, which featured talks from Ms.

On June 14, traders of precious metals and stones participated in an outreach program hosted by the GJEPC Regional Office in Delhi. The purpose of the event was to raise awareness and distribute important information about the Money Laundering (Maintenance of Records) Rules, 2005, as well as the terms of the PMLA Act, 2002. About

GIA India presented a graduation ceremony for Graduate Diamonds Diploma Program students on its Mumbai campus. Devansh Rajesh Shah, Partner of Venus Jewel, was the event’s chief guest. The graduation ceremony was followed by an interactive session where Shah discussed “Opportunities in the Natural Diamond Industry.” Sharing his thoughts with the students, he stated, “We

At the JCK Show in Las Vegas 2024, the International Gemological Institute (IGI) displayed and graded a 75.33 carat square-emerald cut lab-grown diamond, the world’s largest to date. It was accompanied by a remarkable 30.69 carat ring-shaped diamond cut from a single crystal generated raw stone utilizing Chemical Vapor Deposition (CVD). These achievements, dubbed “Celebration

This flagship gathering, scheduled for July 4th and 5th, 2024, will bring together 16 official platinum jewellery producers as well as major retail jewellery industry participants as part of the PGI initiative. The event, known for its emphasis on design excellence and innovation, provides a prime forum for PGI partners to develop their platinum commercial

This is an important move in the diamond industry since it demonstrates India’s growing influence in global diamond commerce and its desire to affect international policies. The AWDC, headquartered in Antwerp, Belgium, plays an important role in developing collaboration among industry actors and lobbying for diamond trading interests globally. The applicants are Chirag Shah, CEO

Brink’s Incorporated, a market leader in cash and valuables management, digital retail solutions, and ATM managed services, will strengthen its partnership with Malabar Gold & Diamond. The new partnership includes the implementation of Brink’s cash management system at Malabar Gold & Diamonds‘ Dubai retail outlets, as well as the use of Brink’s global precious metals

For the first quarter of Fiscal 2025, which concluded on May 4, 2024, Signet Jewelers reported sales of $1.51 billion, a 9.4% decrease from $1.67 billion in Q1 Fiscal 2024. Despite a difficult start to the year, Signet‘s performance dramatically improved by the end of the quarter, helped by new product offers and more customer

The Ministry of Commerce and Industry has published an important clarification regarding the re-importation of unsold jewels shipped for exhibits under the terms provided in the Handbook of Procedure, 2023. This statement comes after recent changes to the import restrictions for certain jewellery items. The Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry