FORTNIGHTLY MARKET REPORT
Mumbai Market Has Eye on Hong Kong Show - There are many overseas and domestic buyers in the market and there is a clear demand for goods, but transactions have been slowed considerably due to the differences in asking and offering prices. The 5-7% increase in the price of rough diamonds at the February De Beers Diamond Trading Company (DTC) sight is the main factor in sellers’ insistence on higher polished prices.
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The Gem & Jewellery Skill Council of India (GJSCI) signed an MoU with Delhi Prison for the ‘Tihar Women Inmates Skilling’ that aims at teaching the skill-sets of jewellery making to the women inmates of Tihar Jail. The MoU was signed by Premkumar Kothari, chairman, GJSCI, Ajay Verma, director, IBJ India and Sudhir Yadav (IPS), director general – Delhi, during GJSCI’s Skill Conclave that took place in the esteemed presence of Nirupa Bhatt, Manoj Dwivedi, D.D. Karel, Gaurav Kapoor, Rajendra Bhola, V.K.
Murti, Avneesh Goel and other eminent ministers, NSDC and gems & jewellery industry.
In most cases, these women end up committing a crime due to poverty. They lack skills for sustenance as well. A programme like this would empower these women and make them more independent that will eventually rehabilitate them back into a normal life of a respectable

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