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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Expectations High for IGJS Dubai Show
IGJS Dubai will witness 600+ buyers and 150 stalls Mumbai: The Jewels of Emirates show, popularly known as the Sharjah show, was a tremendous success, which catered to the pentup demand caused due to the pandemic-related lockdowns. The success of the Sharjah show has boosted the morale of the hundred GJEPC members who exhibited at the show. They are now
Global Diamond Production Goes Down by 23%
Mumbai: Global diamond production plummeted 23% last year to 107.07 million carats as mining companies cut back output amid the Covid-19 pandemic, according to recent data published by the Kimberley Process (KP). By value, diamond production in 2020 plunged 32% to $9.23 billion compared with $13.57 billion recorded in 2019, and averaged $86.25 per carat. Last year, Botswana was the
WHP Jewellers Launches 25th Outlet in Mumbai
Mumbai: The 112-year-old retail jewellery chain Waman Hari Pethe Jewellers launches their 25th Retail Outlet in Kohinoor Square, Dadar West, Mumbai. The brand embarked on its journey in 1909 from Girgaon and has evolved as a synonym to Maharashtrian Jewellery over years and has a strong retail footprint with a presence in Maharashtra, Goa & Indore. The store opened doors on 1st July 2021 in
BIS Mitigates Industry Fears on Hallmarking
Mumbai: Post the implementation of mandatory hallmarking from 16th June 2021, the Indian jewellery industry was seeking clarity on a host of concerns with regard to the new rules of hallmarking. India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade, organised a webinar on 28th June, with the authority and keynote speaker
Men of Platinum Expands Collection with New Designs
Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own
De Beers and Botswana Extend Partnership with Letsile Tebogo
London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
