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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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
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
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
‘Jewellers for Hope’ 2026 Raises Funds to Support Education
Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble
KP Teams Visit CAR & Venezuela
Dubai: Over the last two months, teams from the Kimberley Process (KP) have visited the Central African Republic (CAR) and Venezuela to explore the possibilities of resumption of rough diamond exports from these countries. While the former visit took place in early March, the latter visit concluded last week. In a letter sent to all KP participants on April 14,
Tanzania to Boost Polishing of Rough Gemstones
Dar-Es-Salaam: Tanzania Mineral Dealers Association (TAMIDA) said it is working together with ministry of energy and minerals to increase the country’s polishing capabilities as well as to bring the gemstone market back to Tanzania. The association’s Sammy Mollel said in remarks made at the 5th annual Arusha Gem Fair in Arusha, Tanzania that polishing local gems was important as it
Tirupati Temple Deposits 1,311 kg. Gold with PNB
Chennai: The Tirupati Balaji temple management said it has deposited 1,311 kg of gold with a public sector bank under the Gold Monetization Scheme (GMS) and is negotiating for better terms for making more such deposits. The deposit of 1,311 kg of pure gold bars of 0.995 fineness was made with the Punjab National Bank (PNB) on Monday, the Tirumala
Shanghai Gold Exchange Launched
Shanghai: The Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange, launched a yuan-denominated benchmark price on Tuesday in Shanghai, a measure that will benefit both China’s domestic gold market and the global precious metals market. SGE said in a circular that the launch of the Shanghai Gold Benchmark Price will be useful as it adequately reflects the gold
