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 $2 million and barring the
Top News
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.
Russia Plans Europe’s Largest Diamond Cutting Cluster
Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.
Sky Gold & Diamonds Unveils Innovative Designs
Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors
CIBJO to Launch 3rd Season of Jewellery Ind. Voices
Milan: The third season of Jewellery Industry Voices, the widely followed webinar series presented monthly by CIBJO, the World Jewellery Confederation, will kick off the same way that it did in 2020, with an in-person seminar in Vicenza, Italy, which will be live-streamed simultaneously as a webinar around the globe. The two-hour, two-part seminar/webinar is a featured event during the
GJEPC Wbinar Discusses GST Refunds
Mumbai: The GJEPC organized a webinar on 8th September to discuss GST Refunds and a Critical Change in the GST Audit and its impact on business owners. Eminent speakers Nishant Shah, Partner, ELP and Pranav Pagari, Associate Partner, ELP were invited to brief participants on the “critical change” and the activities to be undertaken in September 2021 to avoid loss
CIBJO Releases Marketing & Education Special Report
Milan: With fewer than eight weeks to go to the opening of the 2021 CIBJO Congress on November 1, 2021, the first of this year’s CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report looks at the impact of the COVID-19 pandemic on the jewellery and gemstone industry,
Senco Gold Launches Gold Transection Platform
Kolkata: Senco Gold & Diamonds announced its entry into the physical Gold business with the launch of its own online gold transaction platform named DG Gold (https://mydigigold.com/) Gold has always been regarded as the most trusted investment instrument across generations in India. With the growing consumer preference towards the use of technology, DG Gold by Senco Gold & Diamonds is
