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Israel’s Diamond Industry Under Severe Pressure
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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
Top News
Platinum Love Bands Partnership with Grazia
Mumbai: With the onset of the summer wedding season, Platinum Love Bands continues to champion its strategic content and influencer strategy, bringing alive its campaign idea of what it takes to #CommitToLove. In a holistic content partnership with the country’s leading lifestyle publisher, Grazia, Platinum Love Bands aims to amplify the brand’s progressive stance on love via influencers that are relevant
Vummidi Bangaru Jewellers Receives Award
Chennai: Vummidi Bangaru Jewellers (VBJ), a renowned heritage brand from Chennai, has achieved a remarkable feat by winning India’s first JCK Jewellers’ Choice Award in the platinum category. The JCK Jeweller’s Choice award, popularly considered as the Oscars of the Jewellery industry witnessed history being made with VBJ’s platinum Infiniti collection securing first place, in the Platinum Jewellery category for
Sarine Announces Merger of GCAL
Ramat Gan: Sarine Technologies Ltd has announce the closing of the acquisition agreement between Sarine and the Gem Certification & Assurance Lab, Inc (GCAL).The merger creates a robust synergy between Sarine’s leading technologies, and in particular its revolutionary AI-derived cloud-based on-site e-Grading™ system and verifiable data based Sarine Journey™ traceability paradigm, and GCAL’s strong brand in the US market and
GJEPC Launches First-of-its-Kind IJEX
Dubai: India and the United Arab Emirates celebrated the first anniversary of the Comprehensive Economic Partnership Agreement (CEPA). Commemorating the 1st year of India-UAE CEPA, apex trade body Gem & Jewellery Export Promotion Council (GJEPC) launched the first-of-its-kind India Jewellery Exposition Centre (IJEX), the 365-day exhibition platform in Dubai. His Excellency Mr. Juma Al Kait said, “Today as we celebrate
Countdown Begins for IIJS Premiere 2025
Mumbai: Your wait is almost over as the year’s most ICONIC B2B Gem & Jewellery show India International Jewellery Show (IIJS) Premiere is just a few days away. Get ready for a spectacular show, featuring breathtaking jewellery and cutting-edge technological innovations, all under one roof. Organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 30th July to 4th
Encouraged to See ‘Unity in Diamond Industry’: Yoram Dvash
Antwerp: The diamond industry is currently at a critical juncture. The meteoric rise in the penetration of synthetic diamonds into the market – which began as a marginal phenomenon – has become an unprecedented flood that threatens the value, image and future of the natural diamond, says Yoram Dvash, The President of World Federation of Diamond Bourses (WFDB). In less
CARATS 2025 Concludes with Great Success
Surat: CARATS, the Surat Diamond Expo, organized by Surat Diamond Association (SDA) from July 11 to 13, 2025, at the prestigious Avadh Utopia, concluded on an exceptionally high note. The event witnessed remarkable participation and enthusiasm from industry stakeholders, culminating in trade transactions surpassing INR 100 crore. This impressive milestone reaffirmed the expo’s growing stature as a premier B2B platform
GJEPC Hosts Exporter & GCC Designers’ Workshop
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosted the inaugural session of the Exporter and GCC Designers’ Workshop at the Bharat Ratnam Mega CFC, SEEPZ in Mumbai on 17th July. The event marks a key milestone in the lead-up to SAJEX (Saudi Arabia Jewellery Exposition), GJEPC’s first-ever show in Saudi Arabia, scheduled from 11th to 13th September 2025 at
