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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
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Thailand Gems & Jewellery Fair Postponed
Bangkok: The Thai Gem and Jewelry Traders Association (TGJTA) said its inaugural Thailand Gems & Jewelry Fair scheduled to be held from September 7 to 11 has been postponed to 2017 due to problems with securing the necessary space at the venue in the time required. In an official statement the organization said, “We had hoped to resolve the issue
Chow Tai Fook to Expand US Business
New York: China’s largest retailer `by market value, Chow Tai Fook, has responded to economic headwinds in its home country by investigating plans to expand in the US market, according to a report on Bloomberg.com. The company plans to start the new US wholesale business, which will sell diamonds to retailers there, within a year and has set up a
Modi Urges G&J Sector to Step up to the Next Level
Mumbai: The Prime Minister Narendra Modi urged the members of gems and jewellery sector to step up to the next level and create “Make in India” Brand. Speaking at a felicitation programme organized by GJEPC, GJF and AIJAC on July 23rd at New Delhi, PM assured the sector an unstinted support towards all strategic initiatives leading towards “Make in India”
Forevermark Redefines Branded Diamonds
Announces New Initiatives at the Forevermark Forum in Pune Pune: Forevermark, the diamond brand known for beautiful, rare and responsibly sourced diamonds, held a three-day interactive conference, The Forevermark Forum, from 19th July to 21st July 2016 in Pune. Each year, the Forum sees the attendance of prominent Diamantaires, Manufacturers and leading Jewellers from across the country, who come together,
IIM Ahmedabad & GJC Continue Landmark Collaboration
Ahmedabad: All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at
GJEPC’s Australia-New Zealand Trade Mission
Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General
Harshvardhan Rane is the New Face of Ti22 by Aham
Mumbai: Senco Gold & Diamonds has announced actor Harshvardhan Rane as the face of Ti22 by Aham, its latest titanium, gold and diamond collection under its dedicated men’s jewellery brand, Aham. Reflecting the evolving expression of modern masculinity, Ti22 by Aham brings together the strength and lightness of titanium with the timeless appeal of gold and diamonds. With Harshvardhan Rane at
Let this Rakshababdhan Shine Brighter with Platinum
Mumbai: Rakshabandhan has always been a celebration of the quirks, chaos, shared memories and quiet strength that define sibling relationships. Over the years, gifting has become an integral part of the festival – a way to express love, create new memories and celebrate the bond that grows stronger with time. As gifting becomes more personal and thoughtful, platinum jewellery is emerging as a distinctive choice for
