Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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2nd Annual Banking Summit Held by GJEPC

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized second annual Diamond, Gem & Jewellery Banking Summit-2014 on Saturday, 28th June 2014 in Mumbai. At the end of the Summit, a Work-Group was formed consisting representatives of India’s diamond sector, Banks and Export Credit Guarantee Corporation (ECGC) to suggest solutions to improve cordial relations among them. Delivering the inaugural

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Stéphane Fischler Re-Elected President of AWDC

Antwerp: On Wednesday June 25, during the first meeting of the new Board of Directors of the Antwerp World Diamond Centre (AWDC) the Board members reelected Stéphane Fischler as President of the AWDC. The Board of Directors also appointed Kaushik Mehta as Vice-President, representing the trade, and Freddy Inzlicht as Vice-President representing the Bourses. In 2012, the by-laws of the

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No Assurance from India on Easing Gold Curbs

Mumbai: A delegation of diamond traders and representatives of Gems and Jewellery Export Promotion Council (GJEPC) met the Union Finance Minister, Arun Jaitley recently, demanding relaxation in various rules relating to gems and jewellery industry. The Finance Minister, however, remained reluctant to give any assurance on the existing gold import’s 80-20 rule, which allows only nominated agencies to import gold

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Zimbabwe Running Diamond Sector like ‘Mafia’

Harare: Zimbabwean opposition politician Innocent Gonese has said that Zimbabwe’s ruling Zanu PF party needs to stop running the country’s diamond sector “like a mafia where everyone involved in the management of the gems is a thief.” The comments were made at a public forum organized by the Southern African Political and Economic Series (SAPES Trust) in Mutare, reported the

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BDB Celebrates the ‘World Diamond Day’

Mumbai: A fitting tribute to the “World Diamond Day” launched by Natural Diamond Council (NDC) was celebrated in Bharat Diamond Bourse (BDB) on 8th of April with much fanfare. History of diamonds, from evolution to the present day was depicted through huge panels bearing pictures and descriptions of the respective eras. Images and educational text showed the important partner countries involved

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Akshay Kala-The Eternal Art: GJS Opens 4th April

Mumbai: All India Gem & Jewellery Domestic Council (GJC) proudly announces the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” Scheduled from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai, this premium B2B exhibition will celebrate timeless craftsmanship and innovation under the theme “Akshay Kala: The

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India Removes ₹10 Lakh Cap on Courier Export

New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for

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Aurya Diamonds Enters the Market

Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.

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