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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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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GJC Announces 15th Edition of National Jewellery Awards

Mumbai:   The All India Gem & Jewellery Domestic Council (GJC) proudly announces the 15th edition of the National Jewellery Awards (NJA’26), India’s most prestigious celebration of excellence in the gem and jewellery industry. Widely regarded as the industry’s highest honour, the National Jewellery Awards recognise and celebrate exceptional achievements in jewellery design, manufacturing, retailing, craftsmanship, innovation, and branding. Entries for NJA 2026

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Namibia Delegation Explores Direct India Diamond Trade

Mumbai: A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited India’s Gem & Jewellery Export Promotion Council (GJEPC) office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry. The delegation included Rehabeam Nepaya, Deputy Director, Diamond Affairs; Secret Ruhaka and

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LML Brand Holdings Expands into Jewellery Segment

New Delhi: Driven by its vision of identifying and revitalising iconic Indian brands that have earned lasting consumer trust, LML Brand Holdings recently announced the acquisition of Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions further strengthen the company’s “Reimagining Legends” philosophy of preserving the legacy of well-loved brands while unlocking their next phase of

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Icons Honoured as Industry Legends at IIJS Celebration Night

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons

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Kalyan Jewellers Raised Rs. 800 Crore from IPO

Mumbai: In March 2021, Kalyan Jewellers successfully completed its initial public offering (IPO) and raised approximately Rs. 800 Crore (Rs. 8,000,000,000) of primary capital for the Company, representing a significant milestone in the evolution of the Company’s growth journey. Kalyan Jewellers witnessed a robust increase in consumer demand in Q4 FY 2021, resulting in a revenue growth of approximately 60% for its

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Israel Diamond Industry Shows Signs of Improvement

Ramat Gan: The Israeli Diamond Industry is showing clear signs of recovery, after the coronavirus pandemic took a heavy toll during the past year. Figures for the first quarter of 2021, published by the Israel Ministry of Economy, show a significant increase in the volume of activity in leading trade categories: rough diamond exports, rough diamond imports, polished diamond imports

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Report Throws more Light on Fancy Color Diamonds

New York: The Fancy Color Research Foundation (FCRF) has published a new article to shed light on Fancy Color Diamonds as an investment category. Written by the FCRF Research Staff, the article seeks to answer the following questions: What are the benefits of investing in Fancy Color Diamo kmnds in comparison to other luxury collectibles? Which platform enables short-term trading

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PMJ Jewels Launches Forevermark Circle of Trust

Hyderabad: In a coming together of India’s most iconic brands, legendary Indian badminton player Saina Nehwal unveiled the largest range of beautiful diamond bangles from PMJ, curated Forevermark’s Circle of Trust Collection for the women of Hyderabad at PMJ Jewels’ Banjara Hills store today. Forevermark, the diamond brand from the 130-year-old De Beers Group is known for its genuine, natural,

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