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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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Senco Gold with Olocker Provide Jewellery Insurance
Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —
CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence
Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,
Empower Africa to Host 9th Peace Diamond Trade Mission
Freetown (Sierra Leone): Empower Africa will welcome an international delegation of diamond and jewelry professionals to Sierra Leone for the 9th Peace Diamond Trade Mission, October 11–16, 2026, reconnecting the global diamond industry with the people and communities at the source of the natural diamond supply chain. The six-day mission will bring together diamantaires,manufacturers, retailers, designers, traders, mining professionals, investors,
Belgian PM Visited Bharat Diamond Diamond Bourse
Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the
Platinum ‘Season of Love’ from 10 to 26th June
Mumbai: Make this summer memorable for your loved one with Platinum Season of Love. For the first time Platinum Day of Love brings to you an exclusive in- store festival, where you can commemorate your love in true Platinum style. ‘Season of Love’ is being celebrated at all leading Platinum Jewellery retailers from 10th June till 26th June. You are
WFDB Launches Young Diamantaires Programme
Antwerp: An exciting new initiative of the World Federation of Diamond Bourses (WFDB) that was launched at the recent 37th World Diamond Congress in Dubai is an international Young Diamantaires programme. The forward-looking project came out of discussions held by the WFDB’s Promotion Committee with the aim of promoting ongoing communications between younger diamond industry members and reaching out to
Myntra Forays into Fine Jewellery
Mumbai: The ubiquitous name in online fashion – Myntra introduced fine jewellery on its platform with the launch of Mia by Tanishq, India’s first work-wear jewellery brand. This event marks the next phase of Myntra’s rapid growth, as the company expands into lifestyle segment, offering consumers the best of fashion & lifestyle at a single platform. Mia by Tanishq, a
WJH Exports Jewelry Produced in its Free Zone
Panama: The World Jewelry Hub (WJH) has reported the first export of finished jewelry manufactured in the WJH Free Zone. The transaction was managed under the center’s expanded free-zone license, which now permits the establishment of manufacturing facilities within its jurisdiction. “This was a small export, but a giant step for the World Jewelry Hub,” said Mahesh Khemlani, President of
