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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The ‘Game-Changer Move’ for India’s G&J Sector
Mumbai: India and the United Kingdom formalized a landmark Free Trade Agreement (FTA) on Thursday after years of negotiations. Officially titled the Comprehensive Economic and Trade Agreement (CETA), the deal is designed to significantly enhance bilateral trade and investment, with both nations aiming to double trade volume from the current $56 billion to over $100 billion by 2030. The CETA
GJSCI Celebrates 13th Foundation Day
Mumbai: series of events unfolded on this day at GJSCI worth sharing. It was GJSCI’s 13th Foundation Day along with Long Service Award distribution, JOSH Convocation Ceremony and Recognition of Centre of Excellence to IIGJ Delhi. On this auspicious occasion a ceremony was organized where the Chief Guest at the event were Mr. Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ;
India Signs Historic FTA Treaty with UK
London: India and the United Kingdom signed a landmark Free Trade Agreement (FTA) today; a deal anticipated to open up billions of dollars in trade and investment opportunities for both countries. The signing came as Prime Minister Narendra Modi made a visit to the UK-his fourth since assuming office in 2014. During the trip, he is scheduled to hold comprehensive
Registrations Open for CIBJO Congress 2025
Milan: Registration for the 2025 congress of the World Jewellery Confederation (CIBJO) is open. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. Marking the start of the World Jewellery Confederation’s Centenary Year, the 2025 CIBJO Congress will
Botswana-De Beers Seal a Diamond Deal
Gaborone: The Government of the Republic of Botswana and the De Beers Group have reached an agreement in principal on a 10-year sales agreement for Debswana’s rough diamond production till 2033, the two parties said in a joint statement, reports Forbes. In addition, the two parties agreed to a 25-year extension of the Debswana mining licensing deal that will run
Leaders Share Ideas to Foster Economic Growth
Surat: The recently concluded B20 (Business 20) Surat Meet – the official G20 dialogue forum with the global business community, organised by the Confederation of Indian Industry (CII) on 1st July 2023 at the Diamond city of India- Surat, saw a host of sparkling stalwarts sharing their thoughts, insights and views at the closed door event. The Round Table Discussion on
Platinum Delivers Steady Q1 Performance in India
Mumbai: The latest industry review from Platinum Jewellery Business Review (PJBR) Q1 2023indicates improved sentiment and positive consumption momentum among affluent jewellery buyers in platinum’s key markets and a continued recovery from the effects of the COVID-19 pandemic. Platinum Guild International (PGI) has implemented strategic marketing initiatives and programmes specially designed for each country to take advantage of improved sentiment to boost
CIBJO and IGDA Sign an Agreement
Birmingham: The World Jewellery Confederation (CIBJO) and the International Grown Diamond Association (IGDA) have agreed to work together in protecting the confidence of consumers in both jewellery products and the jewellery industry, through the transparent development of standards, operating principles and terminology. The agreement was formalised on June 25, 2023, as a Memorandum of Understanding (MOU), signed by Gaetano Cavalieri,
