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
BDB Hosts RJC Roadshow & Board Meeting
Mumbai: Reinforcing its commitment to global best practices, Bharat Diamond Bourse (BDB) hosted the Responsible Jewellery Council (RJC) Roadshow, bringing together international experts and industry professionals for focused discussions on responsible, transparent, and future-ready practices in the diamond and jewellery sector. Led by Mr. Dave Meleski, Chairman, RJC, the programme featured presentations by Ms. Suzanne Brooks, General Manager – Standards,
Progress Killed in Pursuit of the Impossible: WDC
Dubai: The World Diamond Council (WDC) yesterday expressed profound regret that a small number of Kimberley Process (KP) Participants blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities. For three years, the KP Review and Reform Committee worked on the most ambitious reform effort in more than two decades. That work brought the KP closer than
Amber Pepper Appointed as CEO of NDC
London: The Natural Diamond Council (NDC) has announced the appointment of Amber Pepper as Chief Executive Officer, effective 1 February 2026. A seasoned global leader in luxury brand transformation, Pepper brings a wealth of experience in driving commercial growth, digital innovation, and consumer-centric storytelling across some of the world’s most respected fashion and retail brands, including senior roles at Tapestry,
Kirit Bhansali Represents Indian G&J Ind. at India–Israel CEO Forum
Tel Aviv: Mr. Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Mr. Nir Barkat, Minister of Economy and Industry, Israel. In his address, Mr.
De Beers Generates $630 mln. in 6th Cycle
Gaborone: De Beers brought in $630 million at its latest sales cycle as the miner benefited from solid demand for its rough amid shortages of Russian goods. Proceeds from the July sight and auctions were 23% higher than for the equivalent period a year ago, the miner reported Monday. Sales were down 4% compared with the previous cycle in June,
Lucapa Recovers Rare 170ct Pink Diamond
Luanda: Lucapa Diamond has recovered a rare 170-carat pink Type IIa diamond from its 40%-owned Lulo alluvial mine, in Angola.The stone named “The Lulo Rose” is believed to be the largest pink diamond recovered in the last 300 years. This pink diamond is also the fifth largest diamond recovered to date on the Lulo concession. The 404 carat “4th February
Nirav Modi's Assets Worth Rs. 350 Crores Attached by ED
New Delhi: The Enforcement Directorate Friday said it has attached gems, jewellery and bank deposits worth Rs 253.62 crore of companies linked to fugitive diamond merchant Nirav Modi as part of a money laundering probe. All these moveable assets are in Hong Kong, the agency said in a statement. Some assets of Nirav Modi group of companies in Hong Kong
PGI India Felicitates ‘Platinum Season of Love 2022’ Award Winners
Bengaluru: Following the tremendous success of four previous editions, Platinum Guild International (PGI) India brought back its annual flagship retail initiative – Platinum ‘Season of Love’. In its fifth edition, the month-long programme that spanned from 5th May 2022 to 5th June 2022, infused fresh vigor & excitement amongst PGI partners, while bolstering the overall consumer retail demand for platinum.
