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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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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De Beers Extends Desert Diamonds into Bridal

London: De Beers Group today announced the next chapter of Desert diamonds: an extension of the industry-wide beacon concept into the bridal market, bringing a fresh interpretation of natural diamond engagement and wedding jewellery through a refined spectrum of warm, nature-made hues that reflect enduring love and personal expression. First launched to consumers in 2025 as De Beers Group’s first

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GJS April 2026 Concludes on a High Note

Mumbai: 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show”, held at the Jio World Convention Centre, Mumbai, concluded with a great success, announced the All India Gem & Jewellery Domestic Council (GJC). The four-day extravaganza, inaugurated on 4th April by Mr. Chandrashekhar Bawankule, Minister of Revenue, Maharashtra, witnessed overwhelming participation from across the

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NDC Celebrates First-Ever ‘World Diamond Day’

Mumbai: Jewellery has always held a deeply personal place in people’s hearts and natural diamonds remain its most powerful expression. Every natural diamond carries within it a story of love, milestones, heritage and personal triumphs. On the first-ever World Diamond Day, these stories took centre stage, as people across the country came together to celebrate the meaning and emotion behind

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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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India's Gold Imports Continue to Grow: WGC

Mumbai: The World Gold Council (WGC) has launched a report titled ‘Bullion Trade in India’, as part of a series of in-depth analysis on the Indian gold market. The report highlights how, with very little mining and modest levels of recycling, India is heavily reliant on bullion imports to meet its domestic demand. Indian official imports have continued to grow despite

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Reena Ahluwalia Launches Diamond Art NFTs

Toronto: Diamond artist and jewellery designer Reena Ahluwalia announced her first-ever Diamond Art Non-fungible tokens, or NFTs on OpenSea Marketplace. Reena’s ‘Diamond-Verse’ NFTs are ultra-rare Edition 1/1, along with limited Editions, 10/10. Reena’s NFTs extend her widely known diamond paintings into a 3D digital realm, expanding her distinct vision and imagination as an immersive luxury experience. Reena said, “I have

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Cluster Mapping Report: The Path for Future Growth

Mumbai: The National Council of Applied Economic Research (NCAER) survey data on Indian Gem & Jewellery industry reveals that in 2019 there were a total of 9.89 lakh units and 42.89 lakh workers in the sector. A total of 390 districts are identified as clusters based on the number of units working in the gem and jewellery sector. Since the

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