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

Zim Diamond Sector to Achieve Target of $1 bln

Harare: Zimbabwe’s diamond sector is set to exceed the government target of $1 billion in revenue by 2023, according to a government minister. Mines minister Winston Chitando told a conference of African Diamond Producing Countries that the growth was being driven by the Zimbabwe Consolidated Diamond Company (ZCDC) as well as Anjin and RZM Murowa. He said Zimbabwe was targeting

Read More »

GJS Concluded with a Great Success Note

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex industry body representing the jewellery sector in India organized its first-ever mega B2B expo “India Gem & Jewellery Show, GJS 2022 which turned out to be a great success. The expo was held from 3rd to 6th April at Jio World Convention Centre – JWCC Mumbai. The four-day event

Read More »

Israeli Diamond Industry Continues Growth in Q1

Ramat Gan: The Israeli Diamond Industry (IDI) continued its impressive grown in the first quarter of 2022. The first quarter of 2022 continued the positive trend recorded in the diamond industry over the past year. In Q1 total net imports of rough diamonds to Israel amounted to about $ 494 mn, an increase of 4% compared to the same period

Read More »

Zimbabwe Set to Become Chairman of ADPA

Harare: Zimbabwe is set to take over the chairmanship of the African Diamond Producers Association (ADPA) from Tanzania when they meet in Victoria Falls this week. The southern African country is the current deputy chair of ADPA.“As the incoming ADPA chair in 2023, the Republic of Zimbabwe is expected to carry out the following mandate, among others: ensuring that African

Read More »
GJC logo

GJC Announces 9th Edition of GJS

Mumbai: The All India Gem and Jewellery Domestic Council (GJC), the apex industry body representing India’s domestic gem and jewellery sector, will host the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” The most premium B2B jewellery exhibition is set to take place from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai. This edition’s theme

Read More »

Opportunities for Strengthening Indo-Belgian trade ties

New Delhi: India’s Gem and Jewellery Export Promotion Council (GJEPC) Co-Hosts Indo-Belgian Diamond Forum in New DelhiThe Gem & Jewellery Export Promotion Council (GJEPC), in partnership with HRD Antwerp and the Embassy of Belgium in India, co-hosted the Indo-Belgian Diamond Forum at the Residence of the Ambassador of Belgium in New Delhi The event was powered by INDRA – by

Read More »

Chairman of Malabar Group Gets Business Bhushan Award

Mumbai: Mr. M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large. Held at the iconic Gateway of India, the awards ceremony brought together leading policymakers, industry

Read More »

IIJS Icon Awards & Mega Lucky Draw on 21st March

Bengaluru: The 4th edition of IIJS Bharat – Tritiya and IGJME Bharat – Tritiya 2026 at the Bangalore International Exhibition Centre (BIEC), Bengaluru is set to begin from 21st – 23rd March 2026. This premier event is a unique convergence of the finest gems, jewelry, and machinery, bringing together industry leaders, innovative exhibitors, and global buyers under one roof. The

Read More »

Latest Videos