Posted on:
24 Sep 2022
A notable development ensued at the 77th session of the UN General Assembly when Mokgweetsi Masisi, President of Botswana urged world leaders to help Botswana out of its heavy dependence on diamonds. ...
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Posted on:
16 Sep 2022
Business flourished at both, the September 2022 edition of the Italian Vicenza September Jewellery Fair and the 67th Bangkok Gems and Jewelry Fair this past week. Vicenza gold jewellery fair has repor...
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Posted on:
10 Sep 2022
The passing of Queen Elizabeth II has spurred the entire world to condole the event with an outpouring of grief. Global diamantaires and jewellery aficionados too have expressed grief and curiosity ov...
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Posted on:
03 Sep 2022
A record inflation of 8.9% in the 19-country Eurozone has been cause for concern with economic activity at an 18-month low. For India, we could have reached the peak as our inflation rates fell from 7...
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Posted on:
26 Aug 2022
Federation of the Swiss Watch Industry released data about the positive streak since 2 years in Swiss watch exports now reaching an 8-year high this July. The State Bank of India announced the launch ...
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Posted on:
22 Aug 2022
The U.S. Census Bureau noted overall retail sales in July as unchanged from June but up 10.3% year over year. That compared with increases of 0.8% month over month and 8.5% year over year in June. On ...
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Posted on:
16 Aug 2022
United States, the European Union, Canada and other countries including Ukraine have conjoined for a Kimberley Process discussion about the implications of the invasion of Ukraine, including, whether ...
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Posted on:
10 Aug 2022
Top business news this week is the acquisition of the online jewellery brand Blue Nile Inc. by Signet. Signet is one of the world’s renowned luxury jewellery retailers and reported to have purchased t...
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Posted on:
29 Jul 2022
In the latest news, Angolan miners have discovered a 170-carat pink diamond from the Lucapa Diamond Company and named it ‘The Lulo Rose.’ With the US sanctions on Russian Alrosa due to its invasion of...
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Posted on:
23 Jul 2022
US retail sales saw soft growth in June due to inflation as per data from US Census Bureau, which means more expenses on necessary goods eating away savings and lesser spends on luxury and jewellery. ...
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Posted on:
18 Jul 2022
According to a report published by the Italian luxury goods manufacturers’ foundation, Fondazione Altagamma, in association with Bain & Company, the global luxury goods market has shown rapid growth t...
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Posted on:
09 Jul 2022
This week saw a rise in the Goods and Service Tax in India on polished diamonds from 1.5% from 0.25%. This move is deemed beneficial by the GJEPC who had asked the government to ‘rationalize’ GST rate...
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Posted on:
02 Jul 2022
De Beers marked the 75th Anniversary of its iconic tagline ‘A Diamond is Forever’ this week at its annual event – the De Beers Forum. The grand three day event that culminated on July 1, brought toget...
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