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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 $2 million and barring the
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Seventh Mubri World Meeting Opens on 29th Sep
Sao Paulo: From the 29th of September to the 1st of October, several countries gather to attend the Mubri World Meeting 2022 with great expectations from the names presented in this edition, 2022 was an exceptional year for Mubri thanks to several actions around the world. This year Mubri broke his own record for the number of successful actions throughout
Two-Day Convention of Diamond Traders in Antwerp
Antwerp: At 14 & 15 September, Antwerp was home to the wordwide diamond industry. The most important stakeholders talked about the future of diamonds in a new brand new format: FACETS 2022. Two days long different stakeholders were engaged through panel discussions, presentations, networking events and even a pitching competition. With government representatives of diamond producing countries like Angola, Tanzania,
India's G&J Exports in April-August 2022 Rise by 10%
Mumbai: The Gem & jewellery sector is all set to achieve its export target of USD 46 billion for the year 2022-23. For the cumulative period of April – August 2022, the overall gross exports of gem & jewellery (G&J) witnessed a growth of 10.16% to Rs. 130440.39 crores (4.4% in dollar terms to US$ 16695.56 million) as compared to
Skill Centre for Rural Youth of Dharampur, Gujarat
Mumbai: Yet another milestone achieved by GJSCI as it inaugurated another Skill Training Centre dedicated to Skill the rural and tribal youth in Dharampur. Dharampur is a town in Valsad district of Gujarat. Alongside the increasing development in urban industries and small businesses, the employment and skill-training of rural youth too plays a crucial role in the development of India’s
IIJS Bharat Signature Opens at BEC
Mumbai: The grand ceremonial opening of the Bombay Exhibition Centre (BEC) on 9th January marked a defining moment for IIJS Bharat Signature 2026, bringing together industry leadership, diplomacy and retail at onestage. The occasion reinforced why the first global gem & jewellery show of the year remains the trade’s early year barometer, not just for sentiment, but for direction. Speaking
IIJS Bharat Signature 2026 Inaugurated at JIO
Mumbai: As the first global jewellery show of the year, Signature once again became the place where expectations for the months ahead began to take shape. The Show was thrown open at the JIO World Centre, BKC, Mumbai on 8th January. In his opening remarks, Mr. Kirit Bhansali, Chairman, GJEPC positioned 2026 as a pivotal year for the sector, marked
Candere Opens Three Stores in Maharashtra
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Maharashtra with the launch of three new stores in Kandivali, Nashik, and Kolhapur. These new additions further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched stores mark Candere’s
IIJS Bharat Signature 2026 Opens on 8th Jan
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention
