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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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GJEPC Presents India Advantage at the Hong Kong Show
Hong Kong: On the sidelines of the ongoing 39th HKTDC Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show, GJEPC organised an Event and Discussion on INDIA ADVANTAGE in the august presence of His Excellency Mr. Pradeep Kumar Rawat (Hon. Ambassador of India, People’s Republic of China) and Ms. Satwant Khanalia (Consul General,
Celebrate this Women's Day with Platinum Evara
Mumbai: This Women’s Day, embrace the multiple facets of your personality and cherish those unique traits that come together to define your authentic self, with metal just as pure and precious as platinum. Platinum Evara offers an exquisite range of platinum jewellery that promises to take your individual style statement up a notch higher with intricate and elegant designs. Similar
Gold Deposits in Found in Odisha, India
Bhubaneshwar: Surveys from the Geological Survey of India (GSI) have found gold deposits in three districts of Odisha. State Steel and Mines Minister Prafulla Mallik said that the gold reserves were found in Deogarh, Keonjhar and Mayurbhanj. “The surveys of the Directorate of Mines and Geological Survey of India (GSI) reveal the presence of gold reserves in three districts, including
Ministers of Zimbabwe and DRC to Headline WDC
Antwerp: The 40th World Diamond Congress (WDC), which will be held in Israel from March 28-30, 2023, will feature a full roster of illustrious speakers, from the world of diamonds and beyond. Here’s an alphabetical list: Edward Asscher, President of the World Diamond Council; David Block, CEO of the Sarine Technology Group; Gaetano Cavalieri, President of CIBJO, World Jewellery Confederation;
GJEPC to Celebrate PM’s 75th Birth Day in a Unique Way
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has pledged to introduce a nationwide blood donation campaign to commemorate and celebrate Hon’ble Prime Minister Mr. Narendra Modi’s birthday on 17th September 2025. The same day will be celebrated as the National Jewellers Day every year. Mr. Nirav Bhansali, Convener, National Exhibitions GJEPC announced during the IIJS Premiere 2025 that
Golden Carat Launches Jewel of Time Awards
Mumbai: Golden Carat Pvt Ltd, India’s Diamond Jewellery Manufacturer launched GOLDIS | ‘Jewel of Time Awards’ at the IIJS Premiere show in Mumbai. The award was launched during the India Jewellery Designer & Artisan Forum held at the IIJS Premiere 2025. ‘Jewel of Time Awards’ is initiated by Golden Carat Pvt Ltd to recognize the valuable services offered by Industry
De Beers Unveils Landmark Initiatives at IIJS’25
Mumbai: At the 41st edition of the India International Jewellery Show (IIJS Premiere), held at the Jio World Convention Centre, Mumbai, De Beers Group unveiled a trio of landmark initiatives that mark a new chapter for the natural diamond industry in India. As the country has become firmly established as the world’s second largest market for diamond jewellery, De Beers
Kalyan Jewellers Grows in Q1 Results
Thissur: Kalyan Jewellers has recorded consolidated revenue of Rs 7,268 crore in Q1 FY26 as against Rs 5,528 crore in the same period in the previous financial year, a growth of 31%. Consolidated PAT for the quarter was Rs 264 crore as against a PAT of Rs 178 crore in the same period in the previous financial year, a growth of 49%. Standalone revenue (India) for Q1 FY 26 was Rs 6,142 Cr a growth of 31% when compared with the same period in the previous financial year and
