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
Comprehensive Discussion on Govt. G&J Policy
Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive
Piyush Goyal Inaugurates NEST 2 at SEEPZ
Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under
Mehul Choksi’s Extradition is Cleared by Belgium
Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of
Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45
GJEPC Opens Nomination Entries for 48th IGJA
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is all set to organise the 48th edition of the India Gem and Jewellery Awards (IGJA), the foremost recognition platforms for the jewellery sector in India to encourage exports and spur excellence in manufacturing, finance and innovation. In alignment with the evolving business scenario, the 48th edition includes new Award categories.
Phase II of Mandatory Hallmarking from 1st June
Mumbai: Hallmarking of gold jewellery and artefacts was made mandatory in India with certain exemptions w.e.f. 15th June, 2021 vide the Hallmarking of Gold jewellery and Gold Artefacts Order, 2020. At present, hallmarking of gold jewellery and artefacts is mandatory in 256 districts and that to for the following three caratages, namely 14, 18 22, i.e. gold jewellery and artefacts
NDC Launches its 2nd Jewellery Trend Report
Mumbai: The Natural Diamond Council (NDC) in India and the United Arab Emirates launched the second edition of the jewellery trend report offering insights and predictions on the natural diamond jewellery that is set to make statements in 2022. Encapsulating the sensibilities that define the aesthetics of today, the report has been thoughtfully compiled by experts from the fields of
GIA India Launches Pearl Identification Lab in Mumbai
Mumbai: GIA India announced the launch of its new pearl identification laboratory in Mumbai. The launch was held at the Trident Hotel in Nariman Point, Mumbai in the presence of Sriram Natarajan, Managing Director of GIA India, Apoorva Deshingkar, Senior Director – Education and Market Development, GIA India, Dr. Chunhui Zhou, Senior Manager Pearl Identification, GIA New York, Abeer Al-Alawi and Nicholas Struman,
