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
Registration Open for International Diamond Week
Ramat Gan: It’s now official: registration has opened for the sixth International Diamond Week in Israel (IDWI), to be held from February 13 to 16, 2017, on the trading floor of the Israel Diamond Exchange (IDE). Over the past five years the event has become an essential feature on the calendar of professional diamond dealers worldwide. Today’s announcement is the
Indian Institute of Gems & Jewellery in Varanasi
Hon. Union Minister of State for Commerce & Industry Smt. Nirmala Sitharaman graces foundation stone laying ceremony of IIGJ Mumbai, Varanasi Extension Campus Varanasi: The Gem & Jewellery Export Promotion Council (GJEPC) is taking a big step towards realizing Prime Minister, Narendra Modi’s one of the dream project, ‘Skill India’ by setting up the first-of-its-kind Indian Institute of Gem &
India Relaxes Gold & Jewellery Purchases
New Delhi: Amendments to the I-T laws do not seek to tax inherited gold and jewellery as also those items that are purchased through disclosed or agriculture income, the government said yesterday. The Lok Sabha earlier this week passed the Taxation Laws (Second Amendment) Bill, which proposes a steep up to 85 percent tax and penalty on undisclosed wealth that
Excise on Branded Gold Coins Abolished
New Delhi: The government of India has scrapped the excise duty on branded gold coins, a move that one would assume benefit the industry and consumers alike. However, World Gold Council (WGC) and Titan are not too enthused about the step, and do not expect to see a major rise in demand for branded gold coins. Commenting on the move,
IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle
New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,
NGS, De Beers Renew Okavango Eternal Partnership
New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland
Anera Silver Opens its First Store in Bengaluru
Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take
Natural Diamond Council Becomes ‘The Diamond Collective’
Mumbai: The Natural Diamond Council (NDC) now becomes ‘The Diamond Collective’ unveiling a new global strategy to reconnect natural diamonds with culture, strengthen consumer confidence and drive long-term relevancy. Shaped by new CEO Amber Pepper following six months of consultation with producers, retailers, brands, creatives and consumers, the strategy responds to a fundamental shift in how people discover, value and
