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.
India’s G&J Exports Increased 16% in Oct
Mumbai: India’s gem and jewellery (G&J) exports witnessed a 16% growth in October 2021 versus 2019, owing to strong demand from key export destinations, especially the US. Overall gross exports of Gems & Jewellery (G&J) in October amounted to US$ 4170.59 million (Rs. 31241.090 crore) as compared to US$ 3610.07 million (Rs. 25647.06 crore) for the same period in 2019.
The Golden Thread: A Documentary on Gold Launched
Mumbai: The World Gold Council (WGC) has launched its first immersive documentary series showcasing gold’s impact on humanity’s past, present and future. A five-episode series explores the metal’s history, cultural relevance and technological uses. Featuring experts and stories from around the world, exploring gold’s world-changing impact as an engineering super-material, biological instrument, symbolic creative medium and economic pillar. It is
De Beers Announces A New Global Campaign
Mumbai: De Beers announces a new global campaign centred on commitments to ourselves, to one another and the wider world. It marks a fresh, purpose-led brand strategy and new chapter in the company’s 133 year long history. The statement ‘I do.’ is one of the most significant and time-honoured expressions of intent. Deeply emotional and instantly life-changing, it is an
CIBJO Releases Ethics Commission Special Report
Milan: With the 2021 Virtual CIBJO Congress in its second week, the tenth and last of this year’s CIBJO Special Reports has been released. Prepared by CIBJO’s Ethics Commission, headed by Tiffany Stevens, and co-authored by Miya Owens, Associate Counsel at the Jewelers Vigilance Committee (JVC) in the United States, the report looks at the growing challenge of collecting, securing
