We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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 $2 million and barring the
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Gem-A Announce Conference 2015 Sponsors
London: The Gemmological Association of Great Britain (Gem-A) has announced the full list of Sponsors for its upcoming Conference 2015 incorporating the Federation for European Education in Gemmology’s (FEEG) 18th International Symposium of Gemmology, held at the Royal Institute of British Architects (RIBA) in Marylebone, London, from 21 – 22 November 2015. Welcoming speakers from around the globe, the Gem-A
Assocham Demands Industry Status for G&J Sector
New Delhi: The government should give industry status to the Gems and Jewellery (G&J) sector to give it the much needed boost as the sector has great potential to create new jobs and contribute to the economy through exports, industry body Assocham said on Tuesday. While releasing the study on Tuesday, Assocham’s National General Secretary D S Rawat said the
India Govt Fixes Interest Rate on GMS
Mumbai: Entities participating in Gold Monetization Scheme can earn up to 2.50 percent interest rate on their idle gold. Interest rate on Medium and Long Term Government Deposit (MLTGD) are 2.25 percent and 2.20 percent, respectively, according to a notification issued by the Reserve Bank of India (RBI) Tuesday. The tenor of medium term would be between 5-7 years while
Strong Demand for Blue Fancy Diamonds in Q3
Tel Aviv: As the diamond industry gears up for its hot selling holiday season, fancy color diamond prices are holding steady. According to the Fancy Color Diamond Index, prices of these diamonds remained stable during the third quarter of 2015, at a time when white diamond prices showed declines of 6 V 10%. The best performing fancy color diamonds were
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on
Divine Solitaires Seeks $10 mln Fund for Expansion
Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years. Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,
IIJS Bharat Signature Closes with Rs. 75,000 Cr. Orders
Mumbai: The 18th edition of IIJS Bharat – Signature 2026, organized by GJEPC, concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised
BIS Reserves “Diamond” for Natural Diamonds
Mumbai: The Indian gem and jewellery industry has long faced challenges arising from the use of multiple, inconsistent, and often ambiguous terms to describe diamonds and their alternatives—particularly in digital and e-commerce environments. This lack of formal guidance has contributed to consumer confusion and inconsistent disclosure practices across the market. The Natural Diamond Council (NDC) welcomes the adoption of IS
