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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JGW September Gets 4.5% Jump in Attendance
Hong Kong: JGW September (Jewellery & Gem World Hong Kong September) wrapped up yesterday shattering post-pandemic records, welcoming 57,632 “unique” buyers during its week-long run across two locations − a 4.5% increase over the previous edition, show organizer Informa Markets announced today. Staged as a massive dual-venue showcase, the B2B event ran from 14 – 18 September at the Asia
Limira Enters Jewellery Market with E-commerce-only Model
Surat: LIMIRA, a new-age, design-led lab-grown diamond jewellery brand, announced its launch in India with an e-commerce-only model built around design, individuality and storytelling transparency. The brand brings modern diamond jewellery directly to consumers, creating a digital-first experience designed around how consumers increasingly discover, evaluate and purchase jewellery. The launch comes at a time when India’s diamonds and jewellery industry
GJC Seeks Immediate Review on Hallmarking Charges
Mumbai: All India Gem & Jewellery Domestic Council (GJC) has expressed strong concern over the increase in gold hallmarking charges from ₹45 to ₹75 per article and has urged the Government and the Bureau of Indian Standards (BIS) to immediately review the decision and retain the existing charge pending stakeholder consultation. The increase has been notified through the Bureau of Indian Standards (Hallmarking) Amendment Regulations, 2026,
The Solitaire Festival of India’26 Concludes on High Note
Mumbai: Divine Solitaires has successfully concluded the 2026 edition of The Solitaire Festival of India (TSFI), its flagship annual consumer and retail engagement initiative, following a month-long celebration from 1st to 31st August2026. With participation from over 200 partner jewellery stores across 100+ cities in India, the festival brought together consumers and retail partners through a nationwide celebration of natural diamond
Budget is Positive for India’s Gold Market: WGC
Mumbai: The World Gold Council (WGC) observed that the policy announcements made in the 2021-22 Union Budget should be positive for India’s gold industry as a lower import duty may boost consumer demand and curb unofficial imports, according to a WGC market update titled ‘Union Budget impact on Indian gold market’. The WGC report deep-dives into the key announcements and
Boaz Moldawsky Elected President of IDE
Ramat Gan: After a tense election campaign, which included a second round of voting, Mr. Boaz Moldawsky was declared yesterday the new President of the Israel Diamond Exchange (IDE). Mr. Boaz Moldawsky, a second-generation diamantaire, whose family was among the founders of the Israeli diamond industry, is the joint CEO of the Moldawsky Group. He has served as Vice President
Examining the Still Unrealized Potential of Brands
Milan: It was the Greek philosopher Aristotle and not a branding guru who first coined the term “the whole is greater than the sum of its parts,” but it could well have been the marketing guy. The ability of a brand to elevate a product’s perceived value, over and above the accumulative worth of its various components, is a hallmark
Exemption of AIDC to boost Jewellery Exports: GJEPC
Mumbai: The Finance Ministry of India has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards to the Agriculture Infrastructure and Development Cess (AIDC) exemption on gold/Silver bars and dore for exporters. However, it maintains that the gold/silver bars and dore imported for domestic use will attract AIDC. In the Finance
