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
New Appointments in RJC
New York: The Responsible Jewellery Council (RJC) has appointed Anne-Marie Fleury as its Standards and Impacts director. The organization also recently appointed Bethan Herbert as Certification and Impacts manager. Fleury will work alongside executive director Andrew Bone and chief operations officer Catherine Sproule and will be responsible for providing strategic and technical leadership in standards development, certification, assurance, impact measurement
Winners of 'World Skills India' Jewellery Com'tion
Jaipur: Sanjay Pramanik, Sweta Singh, Savita Palariya and Ashrof Jamal are the national winners of the ‘World Skills India’ Jewellery competition conducted by the Gem & Jewellery Skill Council of India (GJSCI) at IIGJ Jaipur on 19th September which concluded with a formal function where winners were announced and awarded with medallion and certificate. Guests who were present during the
Ernie Blom: Diamond Industry Can Be Positive
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom believes the global diamond trade can be positive ahead of the upcoming holiday sales season due to recent events. Blom said that initial indications from the September Hong Kong Gems and Jewellery Fair were that it had been solid. Meanwhile, price cuts by De Beers and Alrosa were bringing prices
Botswana and ALROSA Start Orapa License Work
Gaborone: Botswana Diamonds said work is underway on three prospecting licenses in the Orapa region of Botswana, as part of a joint venture between the African exploration group and ALROSA. Heavy concentrate sampling has started at PL 206, while on PL 085 reconnaissance work has started and will be followed by heavy concentrate sample to evaluate kimberlite indicator minerals and
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
