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
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India's Gold Jewellery Exports on Growing Path
Mumbai: India’s exports of plain gold jewellery gained traction post the India-UAE Comprehensive Economic Partnership Agreement (CEPA), as reflected by the increase in gem & jewellery exports since the agreement came into force on 1st May 2022. In the month of July 2022, the total gross export of Plain Gold Jewellery grew 24.22% to Rs. 2591.67 crores (16.28% in dollar
GJEPC Organises First-Ever SEZ G&J Conclave
Mumbai: Gem and Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery trade in India, organised its first-ever SEZ Gems & Jewellery (G&J) Conclave – Vision 2025 on 23rd August 2022, with the aim of boosting exports from SEZs across the country. The event was inaugurated by Shri Shyam Jagannathan (I.A.S.), Zonal Development Commissioner, SEEPZ, Mumbai;
Rajesh Exports Registers Good Results in Revenues
(Report by Evaluate Research) Bengaluru: Rajesh Exports reported flattish results, both in terms of revenues as well as profits, for the fiscal first quarter (ended in June, 2022), which is perhaps a decent outcome given global economic uncertainties. Revenue decreased fractionally by 2.8% YoY to Rs.495 bn vs. Rs.509 bn in Q1 FY2022. The stability in the price of gold
SBI Formalises Policy to Finance LGD Manufacturers
Mumbai: State Bank of India (SBI) is the first Indian lender to frame a policy to fund manufacturers (cutters & polishers) of lab-grown diamonds (LGDs) that are replicas of naturally mined stones. LGDs are often looked at with suspicion by high-street banks and scoffed at by many traditional diamantaires, says a report in Economic Times. Reflecting the slow shift in
Namibia Joins Luanda Accord: GJEPC, DMCC to Become Members of NDC
Cape Town: The Luanda Accord held its second high-level meeting at the African Mining Indaba 2026, marking an expansion of collective action in support of global generic marketing for natural diamonds, led by the Natural Diamond Council (NDC). The Accord brings together diamond-producing governments and industry stakeholders committed to sustained investment in protecting and promoting the natural diamond category. Its
When Love is the Feeling, Gift must be Platinum!
Mumbai: When love is intentional, enduring, and deeply felt, it deserves a symbol that reflects its significance. Platinum stands apart as the metal of love – resilient and lasting, naturally white, with jewellery that is uncompromisingly pure. This Valentine’s season, Platinum Love Bands spotlights women’s platinum rings – each designed to convey what makes ‘her’ special…celebrating your love for her, and the woman that she
India-US Reach Framework for an Interim Agreement
Mumbai: India’s gem& jewellery (G&J) industry is elated by the announcement of zero-duty access for diamonds and coloured gemstones to the US under the Interim Agreement framework — a decisive turning point that breathes new life into the sector. The diamond sector had taken a severe hit over the past year, with India’s cut and polished diamond exports to the
De Beers Declares 35% Fall in Diamond Production
Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in
