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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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IIM Ahmedabad & GJC Continue Landmark Collaboration
Ahmedabad: All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at
GJEPC’s Australia-New Zealand Trade Mission
Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General
Harshvardhan Rane is the New Face of Ti22 by Aham
Mumbai: Senco Gold & Diamonds has announced actor Harshvardhan Rane as the face of Ti22 by Aham, its latest titanium, gold and diamond collection under its dedicated men’s jewellery brand, Aham. Reflecting the evolving expression of modern masculinity, Ti22 by Aham brings together the strength and lightness of titanium with the timeless appeal of gold and diamonds. With Harshvardhan Rane at
Let this Rakshababdhan Shine Brighter with Platinum
Mumbai: Rakshabandhan has always been a celebration of the quirks, chaos, shared memories and quiet strength that define sibling relationships. Over the years, gifting has become an integral part of the festival – a way to express love, create new memories and celebrate the bond that grows stronger with time. As gifting becomes more personal and thoughtful, platinum jewellery is emerging as a distinctive choice for
JNA Awards 2016 Honourees Revealed
Hong Kong: Jewellery News Asia (JNA), the organizer of the prestigious JNA Awards has announced the list of Honourees or finalists across 10 categories at a press conference held on the sidelines of the June Hong Kong Jewellery & Gem Fair. The JNA Awards, now in its fifth year, is a premier awards programme that recognises and celebrates excellence and
Britain Leaves European Union
London: Britain has voted to leave the European Union (EU) to take greater control of its economy and its borders, shattering the stability of the continental unity forged after World War II. The decision launches what will be years of negotiations over trade, business and political links with the E.U., which will shrink to a 27-nation bloc. Official results released
De Beers Opens Rough Selling Platform to Trade
Gaborone: De Beers will allow businesses to sell rough diamonds from its online auction platform in a pilot scheme announced Thursday. The service is available for single stones of more than 5 carats or fancy-color diamonds. The limited service will only be available to businesses that adhere to standards set by De Beers covering integrity of diamond sellers, product disclosure
Guangdong Gems & Jade Ex'ge. Joins JNA Awards
Hong Kong: The Guangdong Gems & Jade Exchange has joined the ranks of distinguished enterprises and organizations that are proud partners of the JNA Awards. Organized by JNA (Jewellery News Asia), the prestigious awards programme recognizes and honours individuals and companies that have demonstrated innovation, sustainability, excellence and best business practices in the jewellery and gemstone industry. The event is
