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
40 Under 40: Honouring the Next Generation of Industry Leaders
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) recognized 40 of the most promising young professionals under the age of 40 through its prestigious ‘Forty Under 40’ initiative at the IIJS Premiere 2025. This forward-looking recognition celebrates the dynamic new wave of leadership driving the future of India’s gem and jewellery industry. Launched to promote Ease of Doing Business
G2J Exclusive: IIJS Clearly Elevated Its Status
Mumbai: The 41st edition of the India International Jewellery Show (IIJS) Premiere 2025, which concluded on 4th August, has generated business worth Rs. 70,000 crore, according to the Gem and Jewellery Export Promotion Council (GJEPC). “IIJS continues to grow each year in both scale and impact. This year’s edition is poised to generate Rs. 70,000 crore in business, underscoring India’s
GJSCI and YGROO Launch P.R.E.C.I.O.U.S.
Mumbai: The Gem & Jewellery Sector Skill Council of India (GJSCI), in partnership with YGROO (A Social Enterprise) recentky announced the launch of P.R.E.C.I.O.U.S. Insights for Retail Gems & Jewellery – a pioneering 60-minute, in-store masterclass that brings micro-learning directly to the shop floor. Key Highlights: • First-of-Its-Kind In-Store Masterclass – A compact, high-impact session delivered on-site in just one
HRD Antwerp-Bharat Ratnam Mega CFC Forge Collaboration
Mumbai: HRD Antwerp, Europe’s leading authority in Diamond and Jewellery Grading, Education and Equipment, has officially launched its operations within the Bharat Ratnam Mega Common Facility Centre (CFC) in Mumbai. This collaboration was unveiled during the prestigious IIJS Premiere 2025 and marks a significant leap in advancing India’s jewellery ecosystem with world-class diamond certification services. The inauguration ceremony was held
KP Meeting in Angola from 22nd June
Luanda: Angola, which is currently chairing the Kimberley Process (KP), is set to host the diamond watchdog’s intercession meeting from 22 to 26 June in the capital, Luanda. Angolan state-controlled news agency, Angop, reports that the meeting would bring together more than 200 delegates from 82 countries. The gathering was expected to assess the activities undertaken by the organization since
CAR Warlords Use Diamonds to Fund Conflict
Washington: According to a report released by The Enough Project, a Washington, DC-based organization that works to end genocide and crimes against humanity, the total current value of the illicit diamond trade and taxation by armed groups in the Central Africa Republic (CAR) is estimated to be between $3.87 and $5.8 million dollars annually. Warlord Business reveals that although CAR
India to Issue Sovereign Gold Bonds
New Delhi: Government of India proposes to issue gold bonds with a sovereign guarantee to divert investment demand for physical gold to a financial instrument, reports Business Standard. This will give more returns than gold as interest will also be factored in. In a draft outline of the scheme, the government said it expects around Rs.13,500 crore to be invested
IDMA Welcomes Creation of DPA by Producers
Tel Aviv: The IDMA members attending the 2015 Presidents’ Meeting welcomed the recently announced decision of the world’s leading diamond producers to establish the Diamond Producers Association (DPA), an organization committed to, among other matters, “maintaining and enhancing consumer demand for and confidence in diamonds including joint category marketing initiatives. IDMA President Maxim Shkadov and Secretary General Ronnie VanderLinden both
