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

Read More »

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

Read More »

Top News

Sergey Ivanov, Alrosa CEO to Quit Early

Moscow: Sergey Ivanov is to step down early as CEO of Alrosa, Russia’s state-controlled diamond miner, according to media reports.He will reportedly join the private investment firm Volga Group, owned by Gennady Nikolayevich Timchenko, a billionaire and long-time friend and ally of Russia’s president Vladimir Putin. Mr. Ivanov was appointed as Alrosa’s youngest ever boss in 2014, aged 36, and

Read More »

IDE to Host Week-Long Diamond Event in March 2023

Ramat Gan: The Israel Diamond Exchange (IDE) is celebrating its first diamond happening in three years with a full week of exciting events. The Israel International Diamond Week, March 27-30, 2023, which will include a professional conference, an international exhibition and the World Diamond Congress is now open for registration. The first Israel Diamond Conference on March 27, 2023 will bring together the senior

Read More »

CIBJO Adopts New Logo with Registered Website

Milan: It is the still the longest serving and most representative international association operating in the world’s jewellery and gem industry, but after 30 years the World Jewellery Confederation (CIBJO) is upgrading its outward appearance, adopting a new logo and launching a redesigned website. In a subtle way, the association’s name has been adjusted as well, with “The World Jewellery

Read More »

Global Diamond Market to Grow to $552 Billion

Mumbai: The diamond industry is blossoming, including some of the largest firms. Out of these, the top players are Public Joint Stock Company ALROSA, Rio Tinto Group, and Anglo American plc. The global diamond market was worth $504 billion in 2021, and by the end of this year, it will have grown by a compounded annual growth rate of 9.5%

Read More »

De Beers Unveils Second Ear Piercing Ritual Program

Mumbai: De Beers Group, the world’s leading diamond company, will support diamond jewellery retailers in driving demand for natural diamond jewellery by showcasing a new gifting occasion in the lives of young consumers – the second ear piercing, which is an intrinsic part of India’s traditional culture and modern rituals.   De Beers is introducing a heart-warming ‘Love, From Dad’ collection as part

Read More »

Chetan Mehta Explores Kirit Bhansali’s Personality

Bengaluru: The latest edition of Coffee with Dr. Chetan Kumar Mehta featured an engaging conversation between Dr. Chetan Mehta, President of the Jewellers Association Bangalore, and Mr. Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC). Held during the IIJS Tritiya event, the discussion delved into Mr. Bhansali’s inspiring journey, his vision for the jewellery industry, and

Read More »

GJEPC Felicitates IIJS Icons 2025

Bengaluru: Tritiya 2025 honoured a distinguished group of industry pioneers and visionaries who have significantly contributed to the growth and excellence of the jewellery sector. These IIJS Iconsrepresent the epitome of innovation, craftsmanship, and dedication, having built legacies that continueto inspire and shape the future of the industry. This year, we celebrate their remarkable achievementswhich have earned them a place

Read More »

Dhoni’s Unbreakable Legacy with Men of Platinum

Mumbai: As the IPL season kicks off, cricket fever reaches its peak and Thala gears up to don the yellow jersey once again, igniting passion in fans across the country. For every MS Dhoni loyalist, it’s more than just a game—it’s an unbreakable bond, built on faith, resilience, and moments that live forever. This season, honour the legend and wear

Read More »

Latest Videos