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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
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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‘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
Divine Solitaires Honoured Partner Jewelers at IIJS Premiere
Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.
Sky Gold and Diamonds Begins FY27 On a Strong Note
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in revenue and profitability, supported by sustained demand from organised jewellery retailers, continued traction in lightweight and value-added jewellery, and consistent execution across
GJEPC Confers ’20 Under 40′ Awards
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit
Dutee Chand is Brand Ambassador of Senco Gold
Kolkata: Senco Gold & Diamonds, one of India’s largest jewellery retail chain has signed the internationally acclaimed Indian sprinter and current national champion in the women’s 100m event, Dutee Chand as the company’s new brand ambassador. She will be promoting ‘Everlite’ – the light-weight jewellery range from Senco Gold & Diamonds. The brand is also celebrating the PRIDE month and has rolled
CIBJO Releases Laboratory-Grown Diamond Guidance
Milan: CIBJO, the World Jewellery Confederation, has announced the public release of its Laboratory-Grown Diamond (LGD) Guidance, which include a set of operating standards and principles for the laboratory-grown diamond sector that are designed to enhance consumer confidence both in the product and the jewellery industry. A key principle of the Laboratory-Grown Diamond Guidance is that, to ensure confidence, consumers
India’s G&J Exports Rise by 9% in April-May 2021
Mumbai: In the first two months of Fiscal Year 2021-22 (April-May 2021), the overall gross exports of India’s gems and jewellery (G&J) grew 4% to US$6.31 billion (and grew by 9% in Rupee term to Rs. 46414.38 Cr) compared to US$6.10 billion (Rs. 42571 Cr) during the same period of pre pandemic year 2019. Mr. Colin Shah, Chairman, GJEPC, said, “The revival of exports has happened
GJEPC to Organise IGJS in Dubai from 14 Aug, 2021
Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India with the support of Govt. of India, is organising the inaugural International Gem & Jewellery Show (IGJS), an in-person exhibition, in Dubai from 14th to 16th August 2021. Mr. Colin Shah, Chairman, GJEPC said, “To cater to the pent-up demand and a call from exhibitors
