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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WGC Launches ‘Swarnim Udaan 2047’
Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness. As
IIJS Bharat Premiere 2026 Opens with New FTAs, New Markets
Mumbai: The 42nd edition of IIJS Bharat Premiere opened at the Jio World Convention Centre, Mumbai, today, against the most favourable trade backdrop the Indian gem and jewellery industry has ever known. A succession of free trade agreements — with the UAE, Australia, Oman and the United Kingdom, with the European Union and New Zealand to follow — has redrawn
BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts
Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural
INNOV8: Innovative Seminars at IIJS Premiere
Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail
GJEPC Invites JCK Las Vegas Participation
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) in its endeavor to promote the exports through exhibitions, is organizing joint participations under India Pavilion at premier Jewellery Exhibitions like JCK Las Vegas (USA), Vicenza Oro (Italy), Vicenza Oro (Dubai) Hong Kong Jewellery Show(Hong Kong), Jewellery Arabia (Bahrain) etc. Like every year, this year also the Council is organizing the
Zimbabwe to Take Over All Diamond Mines
Harare: Zimbabwe’s President Robert Mugabe said on Thursday his government would take possession of all diamond operations because existing miners had robbed the country of its wealth. Mugabe’s comments came a week after the ministry of mines ordered all mining companies to halt work and leave the Marange fields, saying they had not renewed their licences. At the time it
India to Introduce Third Tranche of SGB Soon
New Delhi: Having raised nearly Rs 1,050 crore in the first two tranches, the government will “shortly” issue the third tranche of sovereign gold bond (SGB) for the fiscal, Economic Affairs Secretary Shaktikanta Das said Thursday. “It will come very shortly. I can’t say the exact time as then there will be speculations on gold prices,” Das said. The government
Forevermark Enters Thailand, Hungary & S. Korea
Gaborone: The De Beers Group of Companies announces that Forevermark has recently launched in Hungary, Thailand and South Korea. It is now available in more than 1,700 outlets in 38 consumer markets. Forevermark launched in Hungary with R-A Diamonds, a leading distributor and wholesaler for fine diamond jewellery and loose diamonds. R-A Diamonds has selected an initial eight independent retailers
