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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IIJS Bharat Premiere Strengthens GCC Outreach with Deira Gold Souq Campaign
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) stepped up its buyer outreach in Dubai, placing the famed Deira Gold Souq at the heart of its campaign to drive participation in IIJS Bharat Premiere, scheduled to be held from 5 to 10 August 2026 in Mumbai. With 76% of Dubai’s jewellery buyers concentrated in Deira Gold Souq, the district
Pritesh Patel to Headline Fireside Chat at WDC
Singapore: The 41st World Diamond Congress will feature an exclusive fireside chat with Pritesh Patel, the newly appointed President and CEO of the Gemological Institute of America (GIA), marking one of his first major public appearances in the role on the global stage. Patel steps into the position at a pivotal moment for GIA and the broader diamond trade. Moderated
Booths Allotted to the IIJS Premiere 2026 Exhibitors
Mumbai: In a single day, 34,000+ booths were successfully allotted to 1,800+ companies, turning booth allocation into a celebration of excitement, anticipation, and new beginnings. Exhibitors now know their place on the grand stage and are eagerly counting down to the biggest B2B jewellery gathering of the year. Excitement filled the air as exhibitors found out their booth locations and
Customs Export-Import Facilitation Centre at SEEPZ-SEZ Inaugurated
Mumbai: India’s Minister of State for Commerce & Industry Mr. Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone. The inauguration was hosted by Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mr. Mayur
US Legalizes Space Mining
Washington: After much delay, an important space bill has finally passed in the Senate. The Space Act of 2015 (H.R.2262 – U.S. Commercial Space Launch Competitiveness Act) would give companies the rights to the resources they might one day extract from asteroids, such as platinum, water and, of course, diamonds. The bill has passed in the Senate with unanimous approval
Lucara Recovers Two More Large Diamonds
Vancouver: Lucara Diamond Corp. has announced that two more exceptional white stones have now been recovered through the XRT diamond recovery units. The two white diamonds, an 813 carat stone and a 374 carat stone, have been added on Wednesday to the roster of incredible diamonds recovered from the prolific south lobe of Lucara’s Karowe mine in Botswana. The weights
IDWI Aiming for Global Participation
Ramat Gan: The organizing committee of the Winter Edition of the International Diamond Week in Israel (IDWI), to be held at the Israel Diamond Exchange (IDE), February 14-18, 2016, is aiming to make the event accessible to members of all the bourses that are affiliated to the World Federation of Diamond Bourses (WFDB). Moti Fluk, the IDWI’s Chairperson, said letters
Amnesty International Raps Diamond Companies
Luanda: Amnesty International said diamond companies must stop using the cover of the Kimberley Process to claim that their stones are free from human rights abuses and conflict. “Diamond companies continue to hide behind the veneer of respectability offered by the Kimberley Process rather than taking responsibility for what happens along their supply chains,” said Amnesty researcher Lucy Graham as
