Author name: JNI

Recently Pankaj Parekh, Regional Chairman – Eastern Region, Gem & Jewellery Export Promotion Council, said about, ‘Replacing the Duty Drawback Scheme with Remission of Rates and Taxes!’ He said, exporting gold jewellery made out of duty-paid gold and claiming duty drawback is not commercially viable, as the drawback duty rates are always lower than the […]

Signet Jewelers Limited, the world’s largest retailer of diamond jewelry, announced its results for the 14 weeks and 53 weeks (Fiscal 2024) ended February 3, 2024. The Company’s Fiscal 2025 Outlook is based on the following assumptions: the Company expects an approximately 1.5% to 2.0% negative impact to sales from integration issues with its Digital

P N Gadgil Jewellers Limited (PNG), the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS- registered outlets in India has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of

Industry’s top mid-year B2B buying event in Asia to reveal Sustainability Awards finalists, present ‘Red Radiance 2.0’ ruby experience New products, new innovations and new business opportunities await trade buyers at Asia’s premier mid-year B2B fine jewellery and gemstone sourcing event in Hong Kong this June, Informa Markets Jewellery announced. Returning to the Hong Kong

Star Diamond Corporation announced the completion of its previously announced transaction with Rio Tinto Exploration Canada Inc. whereby RTEC has transferred to Star Diamond all of RTEC’s 75% interest in the Fort à la Corne diamond project located in central Saskatchewan. Star Diamond now owns 100% of the Project. In connection with the completion of

India’s manufacturing industry remains fragmented and unorganised. Only 15-20% of units operate as organised and large-scale facilities; this was less than 10% some five years ago. 55% of manufactured jewellery is handmade by karigars (artisans) who produce intricate pieces, thus sustaining the unique selling point for which Indian gold jewellery is renowned in the global

Recently, Sarine Technologies Ltd announced its financial results for the twelve months ended 31 December 2023. In the report Sarine presented their outlook for 2024 & Prospects! The outlook for interest rates has improved from late 2023. Most central banks have stopped further rate increases, and there is growing expectation that interest rates could start

As Lab-Grown Diamonds (LGDs) become more popular, availability of unique diamond colors increases at Ritani! Ritani, a leader in fine jewelry, has unveiled an exclusive collection of pink and blue lab-grown diamonds. This innovative offering not only underscores Ritani‘s dedication to quality but also meets the increasing consumer desire for unique jewelry options. The new

Gemfields Zambian emeralds dazzle in inaugural collaboration with Indian label Shruti Sushma! The newly unveiled collection of necklaces and earrings harks back to the glamour of bygone days and features Zambian emeralds from the Kagem mine. Shruti Sushma is a mother-daughter fine jewellery house with showrooms in Ahmedabad and Bangalore and is revered by a

Recently, the Botswana Diamonds PLC (BOD) reported unaudited Interim Statement and Financial Results for the Six Months Ended 31 December 2023. The report referred the turbulent times & shared some positive developments in Botswana Diamonds. The key takeaways points are, 1: A gravity survey has discovered a high-grade anomaly similar in size or larger than