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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Anglo Platinum Recorded 161% Increase in EBITDA
Toronto: Anglo Platinum recorded a 161% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to R108.4 billion in 2021 compared with R41.6 billion, a year earlier despite increases in costs and higher wages. It said this, in turn, led to an increase in headline earnings to R79 billion. Anglo Platinum’s return on capital employed also increased to 183%
FTA with UAE Paves Way for Duty-free Jewellery Exports
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India, applauded the historical FTA between India-UAE. GJEPC was one of the stakeholders who was closely associated with the Govt., suggesting its recommendations and suggestions for the Indian gem & jewellery industry. UAE accounts for 80% of India’s plain gold jewellery exports
14th IIJS Signature Inaugurated in Mumbai
Mumbai: Chief Guest Hon’ble Commerce and Industry Minister Mr. Piyush Goyal through a video conference inaugurated the 14th edition of IIJS Signature 2022 today along with Mr. Parshottam Rupala, Hon’ble Union Minister of Fisheries, Animal Husbandry & Dairying Govt. of India; Mrs. Darshana Jardosh, Hon’ble Minister of State for Railways & Textiles; Mr. Gopal Shetty, Member of Parliament; Mr. Vipul Bansal, Joint Secretary , Department of Commerce, Govt. of India; Mr. Colin
Media Takes IIJS Signature Pre-Show Walk-Through
Mumbai: Shailesh Sangani, Convener, National Exhibitions, GJEPC, invited the trade media for a walking tour of the IIJS Signature facilities at NESCO, Goregaon, on 16th February, two days prior to its inauguration. The entire event was planned and executed in 3 weeks flat, and the Convener felt it was necessary to highlight the behind-the-scenes work that has gone into putting
Mehul Shah Elected President of WFDB
Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members. The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore. Leaders of the 21
HRD Design Awards Coming to India
Mumbai: For 40 years, the HRD Design Awards have celebrated the world’s finest jewellery design talent. Now, for the first time in its history, the awards are coming to India. Designers, jewellers, students, goldsmiths, and creative talents from around the world are invited to submit their entries and compete on a global stage. THEME “Where Earth Meets Eternity Born from the
IAGES Directory Brings Verified Partners on One Platform
Mumbai: The Accredited Partner Directory launched by the Indian Association for Gold Excellence and Standards (IAGES) in November, 2025, has gained significant momentum among consumers and gold businesses since its inception. This one-stop digital platform now hosts a growing network of over 700 IAGES partner outlets across 200 cities, allowing consumers to find verified, trusted jewellers nearest to them before
De Beers Sets out Portfolio & Organizational Actions to Support Long-Term Value Creation
London: De Beers Group is advancing delivery of its business streamlining by setting out a number of planned portfolio and organisational changes to ensurean efficient cost base that strengthens resilience in the near-term while enhancing future competitiveness and retaining optionality as industry conditions improve. Since 2024, De Beers has been streamlining its business in line with its Origins strategy to
