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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Two in Custody over GIA Report Hacking
Mumbai: The GIA has announced that two former employees of Tata Consultancy Services (TCS) are in custody in connection with the alteration of 1,042 of the lab’s grading reports. The police informed GIA that the investigation has reached a point where it may now publish the client accounts that submitted the diamonds in question. A list of the invalidated reports
GJEPC and BDB Host Delegation from Botswana
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB) hosted a delegation from Botswana, led by its Vice President, HE Mokgweetsi Eric Keabetswe Masisi on October 26th 2015, at the Bourse Complex in Mumbai. At the meeting, attending by representatives of some of the largest member companies of the two organizations, Praveenshankar Pandya, Chairman
IIMA’s IGPC to Present Whitepaper on GMS
Mumbai: Indian Institute of Management Ahmedabad’s (IIMA) India Gold Policy Centre (IGPC) conducted a workshop today, involving key stakeholders to seek their opinions on gold monetization in India. Their opinions will be presented as a whitepaper to the Government of India as an on-ground feedback on the two schemes on gold monetization approved by the Union Cabinet last month. It
De Beers Allowing 100% Deferrals at Nov Sight
Gaborone: In what is a first for the firm, De Beers will allow its sightholders to turn down their entire November allocations until December in recognition of the intense pressure under which diamond manufacturers are working die to the soft condition of the market. “Further to discussions with several of you following recent cutting center visits, we are writing to
Lukson Jewels Grows with 25% Month on Month Expansion
Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery
GJEPC Offers Exciting Prizes at IIJS Tritiya Show
Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega
WGC Unveils ‘The Moment is Gold 2.0’ Campaign
Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold
Distinguished Women of the G&J industry Honored with Golden Girls Awards
Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication
