We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
4th Bharat Diamond Week from 6th April
Mumbai: The fourth edition of the Bharat Diamond Week, popularly known as BDW will be held between 6th to 8th April, 2023 at the sprawling Bharat Diamond Bourse (BDB) Complex Mumbai. After a hiatus due to travel restrictions and other factors affecting free trade, Bharat Diamond Bourse decided to open this important “ONLY DIAMOND” show this year promising over 125
Interpol Withdraws Red Notice Against Mehul Choksi
London: The removal of fugitive diamantaire Mehul Choksi’s name from the Interpol database of Red Notices has drawn condemnation from the Opposition parties in India, while the Central Bureau of Investigation (CBI) has sought the restoration of the notice. Mehul Choksi is the owner of Gitanjali Group, a jewellery firm with 4,000 stores in India. He, along with his nephew
IDMA's 40th Congress to kick off on March 28
Antwerp: The International Diamond Manufacturers Association (IDMA) will kick off its 40th Congress with a “Conversations with Industry Leaders” happening on the afternoon of March 28 at the D-Mall, adjacent to the Maccabi Building of the Israel Diamond Exchange complex. The panel discussion sessions will run from 13:00 to 17:00 hours on March 28. They will include conversations about the
DMIA Held its First ‘Meet & Greet'
New York: The Diamond Manufacturers and Importers Association of America (DMIA) held its first annual member “meet-and-greet-and inform” cocktail reception on Wednesday, March 15, 2023. A well-attended DMIA membership meeting followed the reception. DMIA had invited representatives of GIA (the Gemological Institute of America), the Natural Diamond Council (NDC), the International Gemological Institute (IGI), De Beers, and the U.S. Department
IIJS Premiere 2024 Wins Excellence Award
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) recently announced that the India International Jewellery Show (IIJS) Premiere 2024 has been awarded the coveted “Top Source from India Show” honour at the Exhibition Excellence Awards 2025 — for the second year in a row. The award was received by Mr. Shamal Pote, Director – National Exhibitions, GJEPC, in recognition
A Welcome Relief for Indian G&J Exporters
Mumbai: A recent U.S. federal court ruling has provided significant relief to Indian jewellery exporters by blocking the implementation of the Trump administration’s proposed “Liberation Day” tariffs. These tariffs included a 26% duty on Indian gems and jewellery exports to the U.S., which posed a substantial threat to India’s $10 billion annual jewellery trade with the United States. Key Developments:
Platinum Love Bands Launches New Campaign
Mumbai: Platinum Guild International’s (PGI) Platinum Love Bands has unveiled its latest seasonal campaign: “Seal It with Platinum” With an estimated 10 million weddings taking place each year in India, the campaign taps into the deep emotional clarity and personal meaning modern, Indian couples seek when choosing symbols of commitment. Crafted as an occasion-first initiative, the campaign draws from the
India Pavilion Dazzles at Watch & Jewellery Show
Sharjah: The India Pavilion shined bright on the opening day of the Watch and Jewellery Show Middle East 2025 with 12 exhibitors (Badalia Gems Private Limited, Rajesh Gems, Diarah Jewels Private Limited, Sejal Exports (India), N K Jewels, Fine Colour Gems Private Limited, N.J. Gems, Shubham Motiwala & Jewellers Pvt. Ltd, Manoj Ornaments Pvt. Ltd.) The Pavilion is being organized
