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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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MoU to Recognize Artisans, Goldsmiths as ‘Vishwakarmas’
New Delhi: A Memorandum of Understanding (MoU) was signed between the Ministry of Skill Development and Entrepreneurship (MSDE) and the apex trade body, Gem & Jewellery Export Promotion Council (GJEPC) appointing GJEPC as implementing agency for Prime Minister PM Vishwakarma Scheme. The MoU was signed on 14th March in the august presence of Mr. Dharmendra Pradhan, Union Minister of Education,
GSI Launches B2B GSI Stock Exchange Platform
Mumbai: Gemological Science International (GSI), one of the gemological organizations, has introduced the cutting-edge B2B GSI Stock Exchange. This platform is meticulously crafted to aid jewellery manufacturers in efficiently sourcing goods for their GSI certified jewelry programs, providing a vital resource for seamless transactions within the industry. The GSI Stock Exchange offers both natural and lab-grown diamonds in its diverse
IIGJ Launches Pearl Identification Service
Jaipur: IIGJ-Research & Laboratories Centre (IIGJ-RLC), a unit of the Gem & Jewellery Export Promotion Council (GJEPC) has launched the much awaited service of pearl identification in Jaipur on 7th March 2024. Mr. Vipul Shah, Chairman of the GJEPC, along with Mr. Kirit Bhansali, Vice Chairman (GJEPC), Mr. Nirmal Kumar Bardiya, Regional Chairman (GJEPC Rajasthan Region), Dr. Nawal Kishore Agrawal,
India’s 1st Mega CFC for G&J Ind. Opens
Mumbai: India’s first Mega Common Facility Centre opens in SEEPZ SEZ Mumbai for the gem & jewellery industry. Shri Piyush Goyal, Hon. Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Govt of India, graced the commencement ceremony of Bharat Ratnam, India’s pioneering Mega Common Facility Centre (CFC) situated in SEEPZ SEZ, Mumbai. Bharat Ratnam
Global Platinum Jewellery Market Rebounds
London: Platinum Guild International (PGI), a worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading
Tanishq Partners with GSI to Deepen Gemological Expertise
Mumbai: In a step towards enriching customer experiences with meaningful knowledge and trust, Tanishq, India’s most trusted jewellery brand from Titan Company Limited (a Tata Group company), has collaborated with Gemological Science International (GSI) to bring specialized gemological sales training to its retail and corporate teams across India. At Tanishq, jewellery has always been more than just a product; it
Zoya-Alice Cicolini Craft Limited-Edition Capsule
Mumbai: In a defining moment for Indian luxury jewellery, Zoya- India’s leading luxury jewellery atelier from the Tata Group—unveils a limited-edition capsule in collaboration with globally acclaimed British designer and curator Alice Cicolini, marking the first international creative partnership for an Indian luxury jewellery atelier. Born out of deep mutual admiration of Indian craft, the capsule pays homage to enamel—one
Candere Unveils New Store in Navi Mumbai
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers celebrated for its modern, trend-led designs, has unveiled its newest retail store in Navi Mumbai, this time in the bustling commercial hub of Vashi. Located Sector 30A, the Platinum Techno Park, this new outlet marks Candere’s 8th store in Mumbai and 79th nationwide, underscoring its commitment to accessible, stylish jewellery for
