India’s gems and jewellery export promotion council is working with the Dubai multi commodities centre to set up goods delivery standards for gold and diamond trade, a senior industry official said here today. The Gem and Jewellery Export Promotion Council (GJEPC) is the apex body of the gems and jewellery industry, set up by the … Read More →
According to Rapaport, diamond dealers are echoing the same sentiment expressed by jewelers–they gotta feeling that this year is going to be a good, good year. In its monthly report for December, the Rapaport Group stated that initial indications from the holiday season were “encouraging,” noting the increase in consumer confidence in December and the … Read More →
Rubies have long been revered for their enigmatic colour and regal appeal. Their fiery red hue, often associated with the strongest of human emotions like love and passion, has earned the precious gem a number of titles – the most enduring of which is the “King of Gemstones.” Rubies originating from Myanmar (Burma) are deemed the most … Read More →
The Dubai Multi Commodities Centre (DMCC), Dubai’s authority on trade, enterprise and commodities, signed major trade deals with the Shanghai Gold Exchange, the Agricultural Bank of China, and Mega Capital and Yunnan State Farms Province. The agreements were inked during the Dubai Week in China, held from October 27 to 29 in Shanghai. DMCC’s event attracted over 130 … Read More →
Russian mining giant Alrosa is spearheading efforts to boost Russia’s diamond trade with China and Hong Kong, and other Asian markets over the coming years with the opening of the Eurasian Diamond Centre in Vladivostok, Russia. The facility is situated near the domestic diamond production centre of Russia and key buyers from Asia Pacific, especially China … Read More →
FAKE bags and shoes worth more than €320 billion were sold last year, a report by the Organisation for Economic Cooperation and Development and the European Union’s Intellectual Property Office has estimated. The counterfeit goods largely originated from China – with around 63 per cent of global seizures stemming from the mainland as well as … Read More →
KOTA: As jewellers strike continues against excise duty imposition, a lot of work in the city has been shifted underground to meet the lucrative wedding season demand. According to a jeweller, who requested anonymity, there is no dearth of work for workers and designers, who are busy making ornaments as demand peaks ahead of the … Read More →