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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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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
Qatar Diamond Exchange Joins the WFDB
Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the exclusive organization that – as of now – unites 27 diamond bourses on five continents under common trading rules and a shared code of conduct. QDE’s admission was announced during the 41st World Diamond Congress, convened by the
Dassani Brothers to Launch New Collections at IIJS Premiere 2026
Mumbai: Dassani Brothers, a pioneer in the manufacturing of exquisite Polki and Jadau jewellery, will unveil two signature collections GATSBY and RAAGINI at IIJS Premiere 2026. Inspired by the brand’s Heritage Meets Modern philosophy, the collections showcase four generations of craftsmanship, blending timeless artistry with contemporary design. The GATSBY Collection draws inspiration from the bold geometry and glamour of the Art Deco era,
Grow Your Business, Attend ‘Innov8’ at IIJS Bharat Premiere
NATURAL DIAMONDS: DESIRE, CONFIDENCE, COLLABORATION & LEADERSHIP: Mumbai: The Count down for IIJS Bharat Premiere 2026, being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) has begun. At IIJS Bharat Premiere 2026, GJEPC × GIA presents Innov8 Talks, powered by IGM (India Gold Metaverse), bringing together global leaders from the natural diamond industry to explore the future of
Vicenzaoro Dubai from 14th April
Dubai: An unmissable event for the jewellery business community, VICENZAORO DUBAI will open up a new chapter for the industry. It is set to be the world’s most important networking platform for those involved in jewellery, gold, precious stones and diamonds. Taking place from 14 to17 April 2016 at the Dubai World Trade Centre, the event is now in its
HRD Antwerp and HKIDA Sign Agreement
Antwerp: HRD Antwerp, Europe’s Leading Authority in Diamond Certification, and the Hong Kong Indian Diamond Association (HKIDA) have signed an agreement concerning an exclusive screening service using the M-Screen. During the 2016 March Hong Kong Diamond, Gem and Pearl show, HRD Antwerp and HKIDA have come to an agreement concerning an exclusive melee diamond screening service using the M-Screen, the
Pangolin Discovers Two More Diamonds
Toronto: Pangolin Diamonds Corp. has recovered two more diamonds from the Company’s wholly-owned Malatswae Diamond Project (Malatswae) for a total of ten to date. Nine of the diamonds are white in colour. The project area is located 105 km southeast of the Karowe diamond mine operated by Lucara Diamonds in Botswana. Diamond MSC-DG-137 is a white cube with small black
Hatton Garden Robbers’ Gang Sentenced to Jail
London: Two of the ringleaders of the Hatton Garden heist yesterday thanked the judge as he jailed them for an audacious £14million gem raid that he said stood ‘in a class of its own,’ reports Daily Mail. ‘Diamond wheezers’ Terry Perkins, 67, said ‘thank you sir’ and Daniel Jones, 61, ‘thank you judge’ as the pair were each sentenced to
