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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Feriel Zerouki Forced Diamond ind. to Face Itself
Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley
Anoop Mehta Elected as Vice President of WDC
Antwerp: Mr. Ronnie Vanderlinden was elected as the president of World Diamond Council (WDC) and Mr. Anoop Mehta was elected as Vice President of the WDC un-opposed. During the recently held AGM of WDC in Antwerp, Mr. Ronnie Vanderlinden was appointed President of WDC and Mr. Anoop Mehta who is currently serving as the President of Bharat Diamond Bourse (BDB),
IAGES Grows to 550+ Accredited Partner Outlets
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory body has crossed the 100+ accredited partner landmark, establish a strong presence with 550+ partner outlets. With its footprint spanning 240+ cities pan India, IAGES consolidates its position as the facilitator of trust, transparency, and standardization in the gold sector. The IAGES accreditation network today spans the entire
Kama Jewelry Turns 30
Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all
Argyle Mine Next Headache for Troubled Industry?
Perth: In an opinion piece, Business News (West Australia) industry specialist Tim Treadgold says Rio Tinto’s Argyle mine hasn’t been profitable for the past 5 to 6 years, citing a royalties report by the Australian government released in June. With global diamond demand and prices plunging, that situation is hardly likely to improve, Treadgold says. In addition, the author questions
De Beers' Hunt for New Diamond Sources
Gaborone: The Wall Street Jounal takes an inside look at De Beers’ efforts to uncover the first major diamond mine in at least 20 years, an exploration drive that started in earnest last year in the southern desert of Botswana. “De Beers’ undertaking highlights the dilemma faced by diamond miners,” writes Scott Patterson of the WSJ, “who are forecasting diminishing
Myanmar's "Big State Secret": Jade
Naypyidaw: Global Witness has issued a major report, “Jade: Myanmar’s ‘Big State Secret’”, revealing an industry far bigger than previously thought, worth up to US$31 billion in 2014 alone (for the sake of comparison, the value of 2014 global diamond mining is estimated at $14-18 billion). That is equivalent to nearly half the GDP for the whole of Myanmar, but
EVARA Platinum Presents Band Baajaa Bride
Mumbai: When we think of wedding, we think of Band Baaja Bride. Yes! It’s back and this time it’s larger than life!! 13 lucky brides, 13 makeovers, some dreams and some eternal moments. So brace yourselves for yet another stunning season of Band Baajaa Bride 6 with Sabyasachi, in association with Evara Platinum Blessings. With love at the heart of
