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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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12th Edition of National Jewellery Awards
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry, has announced the 12th edition of National Jewellery Awards (NJA). Known for its stand for craft, devotion, and motivation for the industry, NJA is considered to be Industry’s biggest and widest award show that recognizes all sector of the industry and

Laguna Blu Diamond Sells for $25m
Geneva: The ultra-rare 11.16-carat pear-shaped Bulgari Laguna Blu – certified as the highest grade blue diamond ever by the GIA – was auctioned for just over $25m at Sotheby’s Geneva on Tuesday. It became the most valuable gem ever to be sold by Bulgari, after a four-minute bidding war between three parties on the phone and one in the showroom.

CIBJO Pays Tribute to Harry Levy
Milan: The World Jewellery Confederation pays tribute to Harry Levy, who passed away in London on May 15, 2023, at age 83. During his long and important career he held a variety of roles in CIBJO, as well as in other industry bodies, both in the United Kingdom and internationally. The quintessential Englishman, Harry actually was born Hanukkah Levy in

GJNRF Honoured with CFBP Jamnalal Bajaj Award
Mumbai: The Gem & Jewellery National Relief Foundation (GJNRF), backed by prominent industry bodies, including GJEPC, was bestowed with the esteemed Jamnalal Bajaj Uchit Vyavahar Puraskar for a Charitable Association by the Council for Fair Business Practices (CFBP) at its 35th Awards Ceremony held in Mumbai on 16th May. GJNRF was recognised for its for its ethically driven philanthropy and

India Targets 500 Hallmarking Districts this Year
Mumbai: The Indian gems and jewellery industry witnessed a momentous occasion as Mr. Pralhad Joshi, Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New & Renewable Energy, graced the prestigious India Gem & Jewellery Show (GJS) at Jio World Convention Centre, Mumbai. The event also marked the 25th anniversary of hallmarking of gold in India, a

TV Anchors Sparkle with Natural Diamonds
Mumbai: As cricket fever sweeps the nation, India’s leading women cricket anchors are taking centre-stage from the pitch to the spotlight —accessorized with the brilliance of natural diamonds. From the pitch to the studio, these presenters are bringing a touch of glamour to the game, enhancing the energy and elegance of the cricketing experience. De Beers Group has partnered with JioHotstar and Star Sports for the

2-Day G&J Buyer Seller Meet Opened on 7th
Mumbai: The Gem & Jewellery Buyer Seller Meet (BSM) 2025 organized by India’s Gem & Jewellery Export Promotion Council was inaugurated today at Bharat Ratnam Mega CFC, Mumbai. The occasion was graced by the august presence of Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ alongside Mr. Kirit Bhansali , Chairman, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC

Nikita Porwal Appointed Brand Ambassador of GJC
Mumbai: The 7th Edition of India Gem and Jewellery show (GJS) #HumaraApnaShow, was inaugurated in a grand ceremony at the Jio World Convention Centre in Mumbai. Marking this special occasion, the apex industry body, All India Gem and Jewellery Domestic Council (GJC) introduced Miss Nikita Porwal, Miss India 2024, as its new brand ambassador. The GJS April 2025 marks the beginning of an exquisite showcase of
