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
Top News
IIJS Signature 2026: Setting the Tone for a Confident Indian G&J Ind.
Mumbai: (By Suresh Chotai) As the global jewellery industry navigates shifting consumer preferences, geopolitical uncertainties, and evolving supply dynamics, India continues to stand tall as a resilient, design-led, and manufacturing-driven powerhouse. IIJS Bharat Signature 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to open the year (from 8th to 12th Jan) with renewed optimism, strategic
Paul De Wachter Named as CEO, HRD Antwerp
Mumbai: The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with
Mallikarjuna Reddy Yarabolu Named as MD of Forevermark India
London: De Beers Group has named retail veteran Mallikarjuna Reddy Yarabolu as Managing Director of Forevermark India, effective January 2026. With over 20 years of experience across fashion, retail and luxury, Yarabolu is expected to drive growth and deepen Forevermark’s presence in the evolving Indian jewellery market. De Beers Group has announced the appointment of Mallikarjuna Reddy Yarabolu as Managing
Cautious Optimism to Prevail Over the Industry in 2026
Mumbai: (By Akash Talesara): As someone closely associated with the diamond and jewellery industry, I view 2025 as a year of stabilization, recalibration and disciplined execution. While the sector demonstrated resilience across key markets, certain external factors, particularly trade-related developments had a tangible impact on overall performance. Performance in 2025: The year 2025 was largely characterized by consolidation and gradual recovery.
Argyle Diamonds Collaborates with Chow Tai Fook
Beijing: Rio Tinto’s spectacular diamonds from its Argyle diamond mine in Western Australia are the centre-piece of a unique collaboration to celebrate five years of partnership with China’s premier diamond jewellery company Chow Tai Fook. The Chow Tai Fook Sunshine jewellery collection comprising a range of contemporary rings, earrings and pendants using beautiful white and champagne Argyle diamonds, were showcased
Rio Tinto to Lower Diamond Production
Perth: Rio Tinto will cut back its production of diamonds this year and focus on bringing more affordable jewellery to the Chinese market as ample supply and waning demand for the precious gemstones weigh on prices, writes Financial Review. The miner announced on Friday it would “pause final product processing in the fourth quarter at Argyle in light of current
Dramatic Fall in Zimbabwe’s Diamond Production
Harare: Zimbabwe’s mines minister Walter Chidhakwa said the fall in the production of diamonds in the country over the past years has been “dramatic” and he is not “so sure we have a diamond sector” at the moment. Diamond output in the country had been on a downward trajectory as alluvial miners in Marange claimed that their concessions had run
Praveenshankar Pandya is Chairperson of GJEPC
Mumbai: Results for the elections for the posts of Gem & Jewellery Export Promotion Council (GJEPC) Chairperson and Vice Chairperson; and for the Committee of Administration of Panel Members and Regional Chairpersons for the period 2015-17 were declared today. Praveenshankar Pandya of Revashankar Gems and also Chairperson of Diamond India Ltd, was elected Chairperson of the GJEPC. Russell Mehta, CEO of
