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

Read More »

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

Read More »

Top News

Rohit Sharma, Anirudh Ravichander Star in Platinum’s New Campaign

Mumbai: Platinum Guild International (PGI) India unveiled a new campaign for its men’s jewellery brand Men of Platinum, featuring cricketer Rohit Sharma and music composer Anirudh Ravichander. The campaign signals an expansion of the men’s platinum jewellery category, speaking to a wider spectrum of men—from those seeking contemporary, design-led pieces as an expression of personal style to those drawn to

Read More »

India’s G&J Industry Welcomes GST Reforms

Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem

Read More »

Momentum is Building for Basilia Jewellery & Watch Fair

Basel: Three months after its launch, it is clear that Basilia Jewellery & Watch Fair, organised by Informa Markets and MCH Group, meets a strong need with its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe. Strong market demand has already brought exhibitor registrations to 70% of the target for the inaugural edition, which

Read More »

Men of Platinum Expands Collection with New Designs 

Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own

Read More »

India Invited to Invest in Diamond Mining in Angola

Mumbai: India Embassy in Angola, The Gem and Jewellery Export Promotion Council of India (GJEPC) and Angola-India Chamber of Commerce, jointly organised the India Global Connect – Angola on 3rd December 2020. This platform gave an opportunity for representatives from both the countries to share and understand how they can enhance their trade relation further. The Indian panellists included Srikar

Read More »

Platinum Days of Love Launches New Campaign

Mumbai: 2020 has been a year like none other! And all the challenges of it, put love to the test. While for some, being locked in with their loved ones, presented its own troubles, others had to put their relationship through the test of a long-distance separation and patiently wait to be together again. The hurdles that love has had

Read More »

Israel Diamond Exchange & Bahrain Bourse Sign MOU

Ramat Gan: The Bahraini Minister of Industry, Commerce and Tourism Mr. Zayed R. Alzayani, the CEO of the Bahrain Bourse Sheikh Khalifa bin Ebrahim Al-Khalifa and other high level government officials visited the Israel Diamond Exchange (IDE) yesterday to sign a Memorandum of Understanding (MOU) between the IDE and the Bahrain Bourse. This agreement comes after another historic event that

Read More »

Technological Transformation of Col. Gemstone Trade

Milan: Among the various sectors of which the jewellery trade is comprised, companies handling coloured gemstones have faced some of the most daunting of challenges. Although their products are wildly popular among consumers, they have been hamstrung by a number of elements. These include a vast and complex supply chain, where almost all of the mining companies, lapidaries and wholesalers

Read More »

Latest Videos