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
TV Anchors Sparkle with Natural Diamonds
Mumbai: As cricket fever sweeps the nation, India’s leading women cricket anchors are taking centre-stage from the pitch to the spotlight —accessorized with the brilliance of natural diamonds. From the pitch to the studio, these presenters are bringing a touch of glamour to the game, enhancing the energy and elegance of the cricketing experience. De Beers Group has partnered with JioHotstar and Star Sports for the
2-Day G&J Buyer Seller Meet Opened on 7th
Mumbai: The Gem & Jewellery Buyer Seller Meet (BSM) 2025 organized by India’s Gem & Jewellery Export Promotion Council was inaugurated today at Bharat Ratnam Mega CFC, Mumbai. The occasion was graced by the august presence of Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ alongside Mr. Kirit Bhansali , Chairman, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC
Nikita Porwal Appointed Brand Ambassador of GJC
Mumbai: The 7th Edition of India Gem and Jewellery show (GJS) #HumaraApnaShow, was inaugurated in a grand ceremony at the Jio World Convention Centre in Mumbai. Marking this special occasion, the apex industry body, All India Gem and Jewellery Domestic Council (GJC) introduced Miss Nikita Porwal, Miss India 2024, as its new brand ambassador. The GJS April 2025 marks the beginning of an exquisite showcase of
IGJS Inaugurated in Jaipur
Jaipur: Amid the evolving global trade landscape, India’s Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the International Gem & Jewellery Show (IGJS) Jaipur 2025 today, reinforcing India’s commitment to strengthening its gem and jewellery industry as it navigates the recent announcement of a 27% reciprocal tariff by the US administration on Indian exports. The 4th edition of IGJS Jaipur,
U.S. Reiterates Suspension on Venezuela, CAR
New York: The U.S. Department of State published an update on participating countries and entities in the Kimberley Process Certification Scheme for the purposes of the Clean Diamond Trade Act of 2003. The latest revision follows an update from August 11, 2014 to reflect some changes to country trade bodies and to add Mali and to reiterate the suspension of
Israel’s Find Your Diamond System is Live
Ramat Gan: Almost two weeks before the opening of the JCK Las Vegas show, the Israeli Diamond Industry is making diamond buying from Israel even more convenient, as the Israel Diamond Institute’s (IDI) Find Your Diamond system goes live today. The system, accessed at www.findyourdiamond.net enables buyers to search the full stocks of all of the close to 100 Israeli
Zimbabwe Conducts Third Local Diamond Auction
Harare: Zimbabwe is conducting its third local diamond auction where over 400 000 carats are expected to go under the hummer. The first local auction was conducted last November in the capital following the seizure of Marange diamonds in Antwerp. NewsDay reports that the auction which began on 11 May was expected to end next Monday and a number of
WFDB Calls for Further Debate on Over-Grading
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his support for the industry-wide debate on the issue of over-grading taking place. He said it will be one of the issues on the agenda of the Presidents Meeting, a biennial gathering of the leaders of the 30 Presidents of the WFDB-affiliated exchanges around the world and of
