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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WGC Unveils ‘The Moment is Gold 2.0’ Campaign

Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold

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Distinguished Women of the G&J industry Honored with Golden Girls Awards

Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication

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IAGES Expands Network with 50+Accredited Partners

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization (SRO) established by and for the Indian gold industry has achieved the 50 accredited members milestone, reshaping the gold sector to become more consumer-friendly and future-ready. Some of India’s leading gold retailers like Senco Gold & Diamonds, PN Gadgil Jewellers, Kalamandir Jewellers and Waman Hari Pethe Jewellers

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Karnataka Minister Invited as Chief Guest at IIJS Bharat Tritiya

Bengaluru: Mr. M.B. Patil, Hon’ble Minister for Large & Medium Industries, Government of Karnataka, has been invited as Chief Guest for IIJS Bharat Tritiya 2026. The show is scheduled from 21 to 23 March 2026 in Bengaluru at the Bangalore International Exhibition Centre (BIEC). The invitation was extended by Mr. Nirav Bhansali, Co-Convener – National Exhibitions, GJEPC. The meeting was

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Indian G&J Gets Preferential Access to Australia

New Delhi: After successfully negotiating a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the Indian Govt. has secured preferential access for Indian gems & jewellery products in Australia through the recently executed India-Australia Comprehensive Economic Cooperation Agreement (CECA). Currently India-Australia has a significant bilateral trade of USD 950 million for gem and jewellery commodities. Key commodities that are exported

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Men of Platinum Strengthens Association with KL Rahul

Mumbai: The onset of cricket’s grandest spectacle brings to the fore a lot more than sheer talent and performance excellence.  It is the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. Their values have been tested both on and off the field, showing what it means

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Official Website for GJNRF Launched

Mumbai: The Gems & Jewellery National Relief Foundation (GJNRF), a charitable body founded by the gem and jewellery industry in 1999, and supported by stakeholders across India, unveiled its website at a press event held in Bharat Diamond Bourse (BDB), Mumbai on 29th March. The website (gjnrf.org) was inaugurated jointly by Sriram Natarajan, Managing Director of GIA India, and Anoop

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IJEX, a Project by GJEPC Inaugurated in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) yesterday unveiled the first of its kind The India Jewellery Exposition (IJEX) centre in Dubai. IJEX is a Global Business Touch-point especially for GJEPC members to connect with international buyers. The centre was inaugurated by Hon’ble Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government

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