Author name: JNI

In a decisive action, Anglo American‘s Board has once again rejected BHP Group Ltd.‘s takeover bid, citing the proposal’s inability to fulfill shareholder value expectations. The impasse reached a critical point as the deadline for the “put up or shut up” (PUSU) extension approached, with Anglo American unwilling to give any more leniency. The story […]

KISNA Diamond & Gold Jewellery, a major name in the Indian jewellery industry, has opened an exclusive shop in Paschim Vihar, New Delhi, as part of its strategic development. This is KISNA‘s sixth luxury showroom in New Delhi, and the 28th in India. This new shop exemplifies KISNA‘s commitment to expanding its reach and making

Gold prices in India rose on May 27 after being constant on May 26 and 25, and falling sharply on May 24 and May 23, matching worldwide rates as investors reduced expectations of a Federal Reserve rate drop. Today’s 22k gold price is Rs 66,650/10 grams, up Rs 250, and 100 grams of 22 carat

On May 24th, the GJEPC and RSM India, an audit and finance consulting firm, hosted a webinar to examine the integration of the Authorised Economic Operator (AEO) Scheme in the gems and jewels sector. The webinar discussed AEO certification, deployment, and the benefits it provides. Experts Siddharth Surana, Director at RSM India; Ritesh Negandhi, Director

An official team from the IBJA met with the Honourable Chief Minister of Maharashtra, Shri Eknath Shinde, and formally invited him to the Silver Show of India, which will be hosted at the Jio World Convention Centre in Mumbai from June 7 to 10, 2024.

The Grown Diamond Trade Organization (GDTO) has proudly announced its objective to transform the lab-grown diamond business. GDTO intends to bring together growers, manufacturers, and retailers to provide a single voice for the consumer and unify the fast developing lab-grown diamond portion of the jewelry market. “It is time for lab-grown diamonds to establish their

In a statement issued today, Antwerp World Diamond Centre (AWDC) stated that Antwerp does not have to be the sole “rough node” for the new G7 certification system designed to screen out Russian diamonds. According to AWDC interim CEO Karen Rentmeesters, more nodes could be stationed in production countries such as Botswana. This would allow

The Gem & Jewellery Export Promotion Council (GJEPC) is thrilled to announce the successful closure of stall applications for IIJS Prime Assure. An impressive 2200+ companies have applied for over 14,500 stalls. Mr. Vipul Shah, Chairman of GJEPC, expressed his gratitude, saying, “We extend our heartfelt thanks to our members for their steadfast support! The

Gemological Institute of America (GIA) scientists discovered a “never-before-seen” cloud feature in a lab-grown diamond that was submitted for testing. The feature resembled text from an old manuscript. As stated by the writers in Gems & Gemology, the scholarly publication of the Gemological Institute of America, “The dichotomy of a thoroughly modern diamond with a

Exports of jewelry and diamonds from the Surat Special Economic Zone (SurSEZ) decreased by over 50% in 2023–2024 as buyers shifted more and more from natural to lab-grown products. The 120 manufacturing units of SurSEZ had a 48% decrease in foreign sales from Rs 26,513 crore ($318m) in 2022–2023 to Rs 13,747 crore ($165m). Leaders