Author name: JNI

Precious metal prices stayed stable this week after a brief dip, with gold hovering around USD $2,000 per ounce and silver showing a modest 1% increase, trading above USD $24 per ounce. In Australia, prices for both metals retracted due to a 3% surge in the AUD, now at USD 0.671. Equity markets witnessed significant […]

The Ministry of Micro, Small, and Medium Enterprises is executing the International Cooperation Scheme, which provides financial assistance to Micro, Small, and Medium Enterprises (MSMEs) in order to encourage export. The plan applies to all districts in the country. Under the District Export Hub Initiative, the government has made steps to boost exports from districts.

Joyalukkas, the renowned jewelry company known with elegance and craftsmanship, has made a giant step toward global recognition by opening its second showroom in the United Kingdom. The huge jewelry paradise, strategically located on Green Street in London, is now the city’s largest jewelry sanctuary, establishing Joyalukkas‘ presence in the UK. The inaugural ceremony was

On the basis of a complaint from the Customs Department, a case was filed against the private corporation and its director, as well as others, including the then-Customs Superintendent, private individuals, and unknown individuals. It was stated that the accused exported gold jewelry from India under the premise of a phony exhibition hosted by a

The new terminal building at Surat Airport in Gujarat was opened by Prime Minister Shri Narendra Modi. He also went on a tour of the new terminal building. Since a long time, the Gem & Jewellery (GJ) industry and trade have been requesting a terminal facility at the Surat airport for convenience of logistics and

The Gujarat government organized a significant event, the Pre-Vibrant Seminar on Gems and Jewellery, in Surat, among a gathering of industry heavyweights and visionaries. This engaging session served as a springboard for forward-thinking talks, sparking insights into the future of this vibrant business. Vijay Mangukiya, GJEPC Gujarat Regional Chairman, took center stage in an informative

The Surat Diamond Bourse was opened by Prime Minister Shri Narendra Modi in Surat, Gujarat. Prior to the program, the Prime Minister went to Panchtatva Garden, saw the Surat Diamond Bourse Green Building and SPINE-4, and signed the tourist brochure. Earlier in the day, the Prime Minister also dedicated the new Surat Airport terminal building.

Malabar Gold & Diamonds, a global jeweler, is launching Mine Diamond Festival, an exquisite presentation of the finest diamond jewelry from its iconic subbrand, Mine Diamonds. This highly anticipated campaign will run from December 8th to January 14th at all of its stores, as well as from January 5th to February 11th in the cities

Today, on December 16, 2023, the All India Gem & Jewellery Domestic Council (GJC) announces the triumphant conclusion of its 162nd Edition Labham Seminar, co-organized with the prestigious World Gold Council (WGC). The Labham Seminar, led by Convener Sahil Mehra, is attended by industry luminaries such as Saiyam Mehra, Chairman; Rajesh Rokde, Vice-Chairman; Anil Soni,

For the period April 2023 to November 2023, India’s Gem & Jewellery export and import performance is available here. The aggregate gross exports of Gems and Jewellery in November 2023 were US$ 2263.34 million (Rs. 19018.180 crores), a 7.15% (-4.52% in Rs. terms) decrease from US$ 2437.53 million (Rs. 19917.73 crores) the previous year. The