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 $2 million and barring the
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Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 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
ALROSA Recovers 136.24-Carat Diamond
Moscow: ALROSA, the world leader in diamond mining, announces the recovery of a 136.24-carat diamond from Nyurbinskaya pipe, reported Alrosa’s official website. The gem-quality rough diamond, which is 3 Black Makeable 1 Сolour, measures 29.32 х 23.88 х 21.9 mm and is one of the largest through the history of Nyurbinskaya pipe. The extracted stone is a combination-form translucent colorless
De Beers Makes New Appointments
Gaborone: The De Beers Group of Companies yesterday announced new appointments to the positions of Senior Vice President of Sightholder Sales and Senior Vice President of Product Planning at its Global Sightholder Sales business. Nigel Simson will move from his current role as Senior Vice President of Sightholder Sales to head up the new Product Planning function that will establish
Mila Kunis Chooses a Platinum Wedding Band
Mumbai: Hollywood celebrity Mila Kunis is clearly a fan of Platinum Jewellery, since she opted for a platinum engagement ring and wedding band. During a recent appearance on the popular US talk show Conan, Mila revealed: “My husband and I got married. He got me a beautiful engagement ring.” The actress’ engagement ring features a round solitaire diamond set on
Mumbai-Brussels Flights to Resume
Brussels: Earlier this year, India’s Jet Airways pulled out of Brussels and relocated their operations to Amsterdam, leaving Brussels Airport without a direct flight to India. Yesterday, after having reached an agreement with Air India, Brussels Airlines has announced that they will start flying directly to Mumbai in March 2017. This news was received very positively by the Antwerp diamond
