India Importing More Diamonds than Before Ukraine War
India is now importing mote diamonds from Russia than before the invasion of Ukraine and the introduction of US sanctions, according to the GJEPC (Gems and Jewellery Export Promotion Council).
It bought $818m in...
GJEPC Delhi RO Hosts IIJS Visitor Promotion and MSME Membership Drive In Varanasi
The GJEPC Regional Office in Delhi organised an IIJS Premiere 2023 visitor promotion and MSME membership meeting in Varanasi on 29th May. The event was held in partnership with the Directorate General of Foreign...
Call for Direct Flights Between Dubai and Surat
Direct flights between Surat and Dubai would further boost trade between the manufacturing and trading hubs, says Ahmed Bin Sulayem, chairman of the Dubai Diamond Exchange (DDE).
He's calling on the government-owned budget airline Flydubai...
Weekend of Watch Sales Brings in $108m
The big three auction houses - Phillips, Sotheby's, and Christie's - sold watches for a combined total of $108m in a single weekend, dispelling concerns of a slowdown in the pre-owned market.
Phillips sold all...
WDC President Commends Productive Discussions At 2023 KP Intersessional In Zimbabwe
The 2023 Intersessional Meeting of the Kimberley Process (KP) came to a close on 25th May in Victoria Falls, Zimbabwe, with World Diamond Council (WDC) President Feriel Zerouki expressing satisfaction with the progress made...
Boucheron Diamond Tiara, Complete with Screwdriver
A diamond and platinum bandeau tiara, signed Boucheron Paris and owned for over a century by a British aristocratic family, is to be sold at Christie's London with a high estimate of $185,000.
It's the...
GJEPC Jaipur RO Seminar Highlights Jewellery Export Via E-Commerce
The GJEPC Regional Office in Jaipur recently organised a seminar in collaboration with the Sitapura Gems and Jewellery Industry Association. The event aimed to provide valuable insights on exporting jewellery through e-commerce platforms, specifically...
Last Emperor’s Watch Sells for Record $6.2m
A Patek Philippe owned by the last emperor of China sold for $6.2m at Phillips Hong Kong, smashing its pre-sale high estimate of $3m.
It belonged to Aisin-Gioro Puyi, last emperor of the Qing Dynasty,...
Surat Manufacturers Extend Summer Vacations
Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods.
Slow demand is forcing many units to lay off staff, reduce working...
Tough Road Ahead In Post-Covid Era, CIBJO President Cautions At China Pearl Conference
The jewellery industry must navigate a changing landscape as it emerges from the constraints of the Covid-19 pandemic, facing a reduction in strategic advantages and an economic slowdown in several regions, CIBJO President Dr....
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