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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
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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IIJS Bharat Signature Opens at BEC
Mumbai: The grand ceremonial opening of the Bombay Exhibition Centre (BEC) on 9th January marked a defining moment for IIJS Bharat Signature 2026, bringing together industry leadership, diplomacy and retail at onestage. The occasion reinforced why the first global gem & jewellery show of the year remains the trade’s early year barometer, not just for sentiment, but for direction. Speaking
IIJS Bharat Signature 2026 Inaugurated at JIO
Mumbai: As the first global jewellery show of the year, Signature once again became the place where expectations for the months ahead began to take shape. The Show was thrown open at the JIO World Centre, BKC, Mumbai on 8th January. In his opening remarks, Mr. Kirit Bhansali, Chairman, GJEPC positioned 2026 as a pivotal year for the sector, marked
Candere Opens Three Stores in Maharashtra
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Maharashtra with the launch of three new stores in Kandivali, Nashik, and Kolhapur. These new additions further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched stores mark Candere’s
IIJS Bharat Signature 2026 Opens on 8th Jan
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention
Ernie Blom Congratulates Shmuel Schnitzer
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has congratulated Honorary WFDB President Shmuel Schnitzer on his election this week as the new Chairman of the Israel Diamond Institute (IDI). Blom said it is critical during challenging times for the global industry that experienced and well-known industry figures continue to play a role in leading its major organizations.
Stephen Lussier Appointed Chairman of DPA
Johannesburg: Stephen Lussier, chief executive officer of De Beers Group’s Forevermark brand, has taken over as chairman of the Diamond Producers Association (DPA) from Jean-Marc Lieberherr, who until recently was the managing director of Rio Tinto’s diamond division. Lieberherr became the DPA’s first chairman in October 2015, shortly after the body was set up. He stepped down from the role
IDE to Hold Diamond Marketing Panel Discussion
Ramat Gan: The Israel Diamond Exchange (IDE) announced it has set the stage for an exclusive diamond marketing panel discussion that will be held during the upcoming winter edition of the International Diamond Week (IDW) in Israel. The panel, that will take place on Monday, February 15, at 16:00 pm, will bring together Jean Marc Lieberherr, Chairman of the Diamond
Vaishali Banerjee Writes Exclusively for G2J
Mumbai: Ms. Vaishali Banerjee, Country Manager, Platinum Guild India (PGI) has accepted our invite to pen an article for gems2jewellery.com about the performance and outlook of platinum in India. She says, “The market has grown 10 times in the last six years and platinum continues to remain an important part of the retailers and manufacturers business development strategy. Platinum Day
