Govt. Announces New Wastage Norms for Jewellery , Effective 1st Jan 2025
The Directorate General of Foreign Trade (DGFT) has revised wastage norms and Standard Input Output Norms (SIONs) for jewellery , effective from 1st January 2025.
DGFT had reduced the wastage norms drastically across all jewellery...
Commerce Ministry Officials Commend GJEPC’s IJEX Initiative in Dubai
GJEPC hosted Shri Ajay Bhadoo, Additional Secretary, from the Ministry of Commerce and Industry (MoC&I) and Shri Gaurav Pundir, Director, Dept. of Commerce, at the Council’s India Jewellery Exposition Centre (IJEX) in Dubai on...
Signet CEO Virginia Drosos to Retire in November 2024
Signet Jewelers announced that, after twelve years at the company, Virginia “Gina” C. Drosos is planning to retire as Chief Executive Officer and as a member of the Board of Directors, effective 4th November,...
Chaumet Launches Fully Traceable Pendant Using Sarine’s Tech
Sarine Technologies announced its collaboration with Chaumet, the flagship luxury jewellery brand of LVMH, to provide fully traceable diamonds for the newly introduced ‘Bee My Love’ pendant necklace.
The ‘Bee My Love’ pendant, a key...
Gemfields hit by Slump in Emerald Sales
Gemfields suffered a slump in sales and prices at its latest auction of rough emeralds from its Kagem mine, in Zambia.
The UK-based company blamed conflicts, elections, and economic uncertainty in China, compounded by a...
GJEPC Advocates for Specialised HS Codes for Indian GI Products at Stakeholder Meet in...
GJEPC attended a stakeholder consultation meeting on 28th August, 2024, at Vanija Bhavan, New Delhi, to discuss the implementation, benefits, potential and challenges involved in introducing Geographical Indication (GI) specialised identifiers for existing Harmonized...
GJEPC Meets Customs Officials to Address Industry Concerns
A high-level meeting was held on 17th August 2024, between representatives of the GJEPC and Customs officials to discuss pressing issues facing the diamond and jewellery industry.
Led by Shri Surjit Bhujabal, Member Customs, the...
Sales Dip, Profits Rise at Brilliant Earth
Brilliant Earth, the US-based "ethical jeweler" saw sales dip in Q2, but reported a slight rise in profits.
The total number of orders rose by 3.6 per cent, but the average order value fell by...
De Beers & GJEPC Discuss Strengthening Indian Market for Natural Diamonds
De Beers and GJEPC held a meeting on 1st August in Mumbai to discuss strategies for bolstering the natural diamond market in India. The discussion centred around the need for education and awareness around...
IIGJ Jaipur Conducts First Convocation, 19 Students Awarded Degrees
The Indian Institute of Gems and Jewellery (IIGJ) Jaipur celebrated its first convocation on 26th July, with 19 students from the inaugural batch receiving their degrees. The ceremony was graced by the presence of...
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