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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World Diamond Day Sparks Global Groundswell

Mumbai: The Natural Diamond Council (NDC) announced the successful inaugural launch of World Diamond Day (April 8, 2026), a global, social-first movement that mobilized the diamond industry across more than 50 countries in a single unified moment. Designed to ignite a groundswell across the trade, the first-ever World Diamond Day drove a surge in global searches and social mentions for natural diamonds,

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Artisan Jewellery Design Awards ’26 Presented

Mumbai: 9th edition of the Artisan Jewellery Design Awards 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC) and curated by The Futurist, concluded in Mumbai on April 8, bringing together the finest expressions of creativity, craftsmanship, and innovation in jewellery design. The Artisan Awards 2026 was powered by GIA and supported by the World Gold Council (WGC).

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BDB Collaborates with GIA Alumni Mumbai

Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for

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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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GJEPC Partners with NDC for Global Campaign

Mumbai: The Natural Diamond Council (NDC) has partnered with the Gem Jewellery Export Promotion Council (GJEPC) for their global campaign – ‘Thank You, By the Way’.  The campaign reaches out to consumers who, now more than ever before, want to know where their products come from and the impact their purchases have on producing countries and local communities. It thanks

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First Female President Appointed for Diavik Mine

Yellowknife, (Canada): Rio Tinto has appointed Angela Bigg as president and chief operating officer of the Diavik Diamond Mine. Angela, previously general manager, Operations at Diavik, will be the first female to lead the mine and its 1,100 employees. Angela joined the Diavik team in November of 2017 as vice president, Finance. She began her career with Rio Tinto in

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Forevermark Launches 1st Diamond Boutique in Mumbai

Mumbai: De Beers Forevermark, the diamond brand from the De Beers Group, launched its very first exclusive diamond boutique in Mumbai (Bandra) with trusted retail partner Om Jewellers, that will exclusively retail the brand’s diamonds collection. This marks the opening of the 13th De Beers Forevermark Boutique in the country. India’s legendary sportswoman Sania Mirza, who has proved her dedicated commitment

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Israel Lowers Risk of Diamond Industry

Ramat Gan: Israel’s anti-money laundering and tax authorities have lowered the risk rating of Israel’s diamond industry from high to medium. This comes in the wake of measures implemented by the industry over the past several years to improve transparency and compliance with international financial guidelines. It is seen by the industry as a very important achievement, and a vote

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