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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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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AWDC and ALROSA Renew Cooperation Agreement

Antwerp: The Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry, and ALROSA, world’s largest diamond mining company by volume, renewed their cooperation agreement today. The renewed cooperation agreement will further expand and strengthen the close relationship between and leadership roles of the two organizations over the course of the next years. The objective of this

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Anglo American Plans to Fire un Vaccinated Workers

London: Anglo American, parent company of De Beers, plans to sack workers who refuse the Covid vaccine, according to a report in Daily Telegraph newspaper. The requirement will apply to “all employees, contractors and any visitors to Anglo sites as well as all new joiners,” the paper says, citing documents it has seen. London-based Anglo will reportedly introduce the policy early

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IIG Students Visit SRK Exports

Mumbai: The International Institute of Gemology (IIG) organized the industrial visit for the students of Gemstones and Diamond to SRK Exports on 27th November 2021 followed on the next day to GJSM-2021 on 28th November 2021 guided with the director IIG, Mr. Rahul Desai and faculty coordinator, Ms. Pooja Ray. The industrial visit was organized to one of the largest diamond

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IDI Launches Rock en’Roll Campaign to Spur Sales

Ramat Gan: The Israel Diamond Institute (IDI) launched a campaign on 1st December that offers discounts of up to $200 to buyers of Israeli diamonds from qualified sellers. Titled Rock en’Roll, the campaign is intended to boost the already robust Israeli diamond sales during the holiday period, as per a press release from IDI. The program offers buyers a discount

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JewelStart to Elivate India’s Role as “Jeweller to the World”

Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as

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Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee

Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum

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GJEPC Confers Hall of Fame Awards

Mumbai: The Hall of Fame is more than an awards presentation. It is the occasion reflecting the shared values and collective strength of the gem and jewellery community. GJEPC honoured their contributions that have left a lasting impact and continue to inspire the next generation. These are the leaders who have shaped the industry’s journey and its future. Dilip Kumar

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IIJS Bharat Signature Pillars Honoured

Mumbai: Behind the scale and precision of IIJS Bharat Signature 2026 lies months of planning and on-ground execution by teams who rarely step into the spotlight. At the ceremonial opening at the Bombay Exhibition Centre, NESCO, GJEPC recognized these efforts through the felicitation of the IIJS BharatPillars, honouring individuals whose behind-the scenes work shapes the show year after year. Those

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