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

GJEPC Inducts 2 New Members on its Board for 2022-24

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has inducted two new members on its Committee of Administration (CoA) for the term period 2022-24. Mr. Anil Virani is named a Member of the Diamond Panel (Reserved Category for Status Holder Exporters) and Ms. Khushboo Ranawat has been appointed as a Member of Gold Jewellery and Other Precious Metal Jewellery

Read More »

India's G&J Exports Up by 7.90% During April-Oct 2022

Mumbai: India’s robust gem & jewellery export performance in the first six months of the financial year 2022-23 has helped to maintain growth for the period April to October 2022, despite a sharp dip in exports in the month of October 2022. The decline in exports in the month of October or November is a seasonal trend consistent with previous

Read More »

Rajesh Exports' Revenue Nearly Doubles

Bengaluru: (By Evaluate Research): Rajesh Exports reported stellar results, ahead of our expectations, both in terms of revenues as well as profits, for the fiscal second quarter [ended September]. The performance indicates a sharp comeback given flattish growth in the previous quarter.  Revenue increased significantly by 95% YoY to Rs.803 bn vs. Rs.413 bn in Q2 FY2022. The correction in

Read More »

India's Silver Demand to Reach New High in 2022

Mumbai: Silver demand is forecast to reach a record total in 2022, driven by new highs for industrial demand, jewellery and silverware offtake and physical investment, according to key findings reported by Philip Newman, Managing Director at Metals Focus, and Adam Webb, Director of Mine Supply, during the Silver Institute’s Interim Silver Market Review. Global silver demand is expected to

Read More »

D.P. Abhushan Delivers Strong Performance in Ǫ2

Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,

Read More »

GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by the Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Bhansali was representing the Gems & Jewellery (G&J) sector that

Read More »

GSI Detects Undisclosed LGDs in Diamond Jewellery

New York: Gemological Science International (GSI) has identified undisclosed lab-grown diamonds (LGDs) in jewellery set with natural brown diamonds. The discovery comes at a critical time, as the global jewelry trade increasingly promotes off-color natural diamonds, such as brown and champagne hues, as unique, fashionable, and affordable alternatives to traditional colorless stones. Using advanced instrumentation, including Fourier Transform Infrared Spectroscopy

Read More »

NDC & DJG Unite to Strengthen Natural Diamond Narrative in UAE

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization representing the natural diamond industry and its entire value chain, is proud to announce a strategic collaboration with Dubai Jewellery Group (DJG). The partnership will be marked by an exclusive B2B event in Dubai, dedicated to reinforcing the integrity, transparency, and long-term growth of the natural diamond sector. Taking place on

Read More »

Latest Videos