Author name: JNI

Indian manufacturers worked to reduce inventories! Prices for rounds and fancies diamonds showed a positive trends following a year of declines. Prices for 1-carat stones gained by 1 % between October 24 and November 1. While the index for 0.50-carat diamonds-the weakest category since the start of 2023-increased 0.3%, and the 3-carat index rose 0.4%. […]

Kalyan Jewellers India Limited, the Company recorded consolidated revenue of Rs 4,376 crore for Q1FY24 as against Rs 3,333 crore in the corresponding quarter of the previous year, a growth of 31%. Consolidated PAT for the quarter was at Rs 144 crore as against a PAT of Rs 108 crore for the same period of

SVAR Media Network launches the world’s first Artificial Intelligence (Al). Anchor in the Fashion, Gems and Jewellery (GJ) industry in the first week of November 2023, another feather added to SVAR Media’s Cap – the revolutionary new Artificial Intelligence technology, an Al anchor by SVAR, which will bring a big revolution in the Fashion and

To perform the Dhan Teras Pooja, GJC office held Laxmi Poojan amid the celebration of their ambitious India Jewellery Shopping Festival (IJSF). IJSF is an unique initiative in the entire value chain, never before in any sector, to bolster the gold jewellery sales across the nation. It is the only scheme in India which will

On November 9, 2023, Dr. Vidyakumari, IAS, Deputy Commissioner and District Magistrate of Udupi, launched the first batch of training for the Social Welfare Department at IIGJ Udupi. Mr. Prasanna H, IAS, Chief Executive Officer of Udupi Zilla Panchayat, and Ms. Anita, Deputy Director of the Social Welfare Department were present. The Implementation Committee’s Mr.

The GJEPC‘s Team IJEX (India Jewellery Expositions) has begun a door-to-door campaign in Dubai to promote the 2024 edition of the India International Jewellery Show (IIJS) Signature and attract potential customers from Gulf Cooperation Council (GCC) countries. The team showed their products and services to 35 merchants and wholesalers in Deira Gold Souq Extension, a

Under the Patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, Jewellery Arabia, the largest and most prestigious consumer jewellery and watch exhibition in the Middle East, will be held from 14th to 18th November 2023 at Exhibition World Bahrain, in Sakhir. Jewellery Arabia brings together over

According to the Gold ETF commentary- WGC for October 2023, Key Takeaways are, The Gold ETF October outflows from physically-backed gold ETFs totalled US$2bn in October, the fifth consecutive monthly loss. Collective holdings reduced by 37t to 3,245t. But total AUM increased by 6% to US$209bn thanks to a 7% rise in the gold price

Somasundaram PR, Regional CEO, India, World Gold Council get expressed on the gold demand around Dhanteras. He said, Dhanteras is India’s busiest gold buying occasion, one that truly reflects the broader consumer sentiment and something that is considered especially auspicious for continued prosperity.  Anecdotal feedback from industry suggests that gold is seeing strong interest, though

CaratLane, India’s largest digitally native omni-channel jewellery brand, is gearing up to celebrate Dhanteras, which is not only the most auspicious occasion to buy jewellery but also marks the beginning of the biggest wedding season. Along with Diwali celebrations, the month is set to see an uptick in weddings across the country. With approximately 35