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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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Platinum Love Bands-a Celebration of Rara Love
Mumbai: Amidst the winter wonder and holiday magic, PGI’s Platinum Love Bands introduce an exclusive collection tailored for winter weddings, encapsulating the essence of those defining moments in a relationship. As the year winds down, couples can commemorate shared laughter, being each other’s greatest supporters, and overcoming challenges together with these exquisite platinum bands. In the season of festivities and
GJEPC Secures Grant For Micro & Small Exhibitors at IIJS Signature ’24
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has successfully enlisted the IIJS Signature 2024 Exhibition under the “Procurement and Marketing Support” scheme of the Ministry of MSME. The scheme provides financial assistance to micro and small enterprises for participating in domestic and international trade fairs and exhibitions. As a result, the eligible exhibitors can now avail themselves of
India to Resume Rough Imports from 15 Dec
Mumbai: The Indian gem & jewellery industry announces that the voluntary suspension of rough diamond imports, which was in effect from 15th October to 15th December 2023, will be lifted on 15th December 2023. The suspension was a collective decision taken by the Indian diamond industry, represented by the GJEPC, Bharat Diamond Bourse (BDB), Mumbai Diamond Merchants Association (MDMA), Surat
Entice, KGK 1905 to Open 10 New Stores in India
Mumbai: ‘Entice, KGK 1905’ is all set to launch 10 more stores in India by end of March 2025. Entice, KGK 1905 has established its presence worldwide, encompassing cities such as Jaipur and Mumbai in India, as well as Botswana,Hong Kong and Dubai on a global scale. Blending the highest form of aestheticism, elegance and style that reflects the rare combination of classical and contemporary
Chinese Buyers Make Strong Comeback at JGA Hong Kong
Hong Kong: The return of Chinese buyers and increased attendance from Southeast and Central Asia-based visitors energised the show floor of the recently concluded Jewellery & Gem ASIA Hong Kong (JGA), Informa Markets Jewellery announced recently. Held from 19 to 22 June at the Hong Kong Convention and Exhibition Centre (HKCEC), Asia’s No.1 mid-year B2B jewellery sourcing fair recorded a
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
