Author name: JNI

Shri Sunil Barthwal, the Commerce Secretary, Department of Commerce, Govt. of India, graced the Jaipur Experience Zone with his presence on 24th August. Shri Barthwal’s visit underscored the importance of the gems and jewellery industry in India and the Jaipur Experience Zone provided the ideal platform for him to witness the intricate artistry and cultural […]

Mr. Randhir Jaiswal, Hon’ble Consul General of India in New York, and Mr. Manish Kulhary, Consul (Trade), honoured the 15th India Diamond Week on August 23rd. The four-day event, which closes on August 24th, saw a convergence of cultural interaction and commercial diplomacy as senior Indian ambassadors interacted with the Indian contingent and Diamond Dealers

Lucara Diamond Corp., based in Vancouver, announced the recovery of a 692.3-carat diamond from its Karowe Diamond Mine in Botswana. The diamond, measuring 46.5 x 40.7 x 28.4 mm, is a Type IIa high white stone obtained in the MDR XRT unit at Karowe from direct milling of ore taken from the South Lobe’s EM/PK(S)

Titan Company has made a strategic investment in CaratLane Trading Private Limited, a company focused on affordable and accessible jewelry. Titan will purchase all of the shares held by CaratLane‘s founder and their family members, totaling to 27.18% of the total paid-up equity share capital. The deal is valued at Rs. 4,621 crore ($556 million).

The Thai Department of International Trade Promotion (DITP) and the Gem and Jewelry Institute of Thailand (GIT) staged a roadshow in Jaipur in preparation for the 68th Bangkok Gems & Jewelry Fair, which will take place from September 6-10, 2023 in Bangkok. The event was followed by an exclusive fashion show in which models displayed

Shri Devendra Fadnavis, Hon’ble Deputy Chief Minister of Maharashtra, met with key representatives from the Gem & Jewellery Export Promotion Council (GJEPC), including Shri Vipul Shah, Chairman of GJEPC, Shri Kirit Bhansali, Vice Chairman of GJEPC, Shri Anoop Mehta, President of BDB, and Shri Russell Mehta, MD of Rosy Blue. The conversation, which took place

Alrosa has published its first financial statement since March 2022, when it suspended reporting owing to the interruption caused by the crisis in Ukraine, which cut the company off from much of the world diamond sector. Western governments imposed restrictions on Russian diamonds following the invasion in February 2022, which are still in effect. According

The loan against the gold jewelry portfolio of banks increased by 26% year on year compared to the outstanding balance as of July 1, 2022, reaching a total of 95,347 crore. Loans secured by gold jewelry (LAGJ) are increasing significantly in Indian banks, and the portfolio is expected to exceed $1 trillion in the next

The government is thinking of expanding the area of necessary gold hallmarking by adding 56 new regions to the country’s existing network of 288 districts. The Bureau of Indian Standards (BIS) is working hard on this front. On Thursday, August 17, the government will hold a conference with numerous stakeholders, including jewelers, associations, and the

De Beers announced a $50,000 donation to help with wildfire assistance in Canada’s Northwest Territories (NWT). This additional funding, which is designated for the United Way NWT Emergency Response Fund, comes on top of a $20,000 commitment made earlier this year. The total amount of $70,000 demonstrates the company’s dedication to supporting the NWT’s wildfire