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
Top News
0% U.S. Import Tariff for EU-Polished Diamonds
Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,
GSI Launches State-of-Art Lab in Kolkata
Kolkata: Gemological Science International (GSI) proudly announced the official launch of its laboratory in Kolkata, marking a significant milestone in the company’s commitment to providing world-class gemological services to one of the leading jewellery manufacturing hubs of India. The event, which was attended by prominent industry leaders and luminaries, received an overwhelming outpouring of support and enthusiasm, further solidifying GSI’s
GJEPC Announces Newly Elected CoA for 2025
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, has announced the results of its recent Committee of Administration (CoA) elections for 2025 for the vacant positions. Welcoming the new members, Mr. Kirit Bhansali, Chairman, GJEPC, said, “I warmly welcome all the newly elected members of the CoA. Each
Men of Platinum Returns with ‘MS Dhoni Signature Edition’
Mumbai: Platinum Guild International (PGI) India’s Men of Platinum brand returns this festive season with the MS Dhoni Signature Edition — a line of jewellery that speaks to the enduring legacy of a modern icon. Crafted in 95% pure platinum one of the highest standards of purity in precious jewellery, platinum is naturally white, it never fades or tarnishes. Each
Men of Platinum Strengthens Association with KL Rahul
Mumbai: The onset of cricket’s grandest spectacle brings to the fore a lot more than sheer talent and performance excellence. It is the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. Their values have been tested both on and off the field, showing what it means
Official Website for GJNRF Launched
Mumbai: The Gems & Jewellery National Relief Foundation (GJNRF), a charitable body founded by the gem and jewellery industry in 1999, and supported by stakeholders across India, unveiled its website at a press event held in Bharat Diamond Bourse (BDB), Mumbai on 29th March. The website (gjnrf.org) was inaugurated jointly by Sriram Natarajan, Managing Director of GIA India, and Anoop
IJEX, a Project by GJEPC Inaugurated in Dubai
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) yesterday unveiled the first of its kind The India Jewellery Exposition (IJEX) centre in Dubai. IJEX is a Global Business Touch-point especially for GJEPC members to connect with international buyers. The centre was inaugurated by Hon’ble Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government
LBMA & WGC Launch Gold Bar Integrity Programme
Mumbai: London Bullion Market Association (LBMA) and the World Gold Council (WGC) are collaborating to develop and implement an international system of gold bar integrity, chain of custody and provenance. Over time, this will help consumers, investors, and market participants to trust that their gold is genuine and has been responsibly and sustainably sourced. To deliver this industry-wide and ground-breaking
