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
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RJC Elects Wilfried Hoerner as Chairman
Las Vegas: The Responsible Jewellery Council (RJC) voted in Wilfried Hoerner of Swiss precious metals company Argor-Heraeus as chairman at its annual general meeting (AGM) in Las Vegas earlier this month. Hoerner replaces Charles Chaussepied, who held the position of interim chair since last July. The organization, which sets standards for the entire jewelry supply chain, re-appointed Mark Jenkins of
Report Submitted on Myanmar’s Gem Scandal
Naypyidaw: A team investigating the disappearance of nearly U.S. $100 million in funds belonging to a gem association has submitted its findings to Myanmar’s minister of natural resources and environmental conservation, the lead investigator said. The team had investigated nine members of the gem association’s central committee, authorities from the Ministry of Mines, gem association chairman Yone Mu, and three
Major Israeli Diamond Presence at Hong Kong June
Ramat Gan: The Israel Diamond Institute Group of Companies (IDI) will host 50 companies this year in its diamond pavilion at the June Hong Kong Jewellery & Gem Fair, which will take place from June 23-26, 2016 at the Hong Kong Convention & Exhibition Centre. In addition, 10 Israeli companies will be exhibiting in other locations throughout the show. The
500-Year-Old Shipwreck with £9 Mln. gold Found
Windhoek: Diamond miners working off the coast of Africa stumbled across a 500-year-old shipwreck loaded with £9million of gold and coins, reports dailymail.co.uk. The Bom Jesus – or Good Jesus – was first discovered along the Namibian coast near Oranjemund by geologists from the mining company De Beers in April 2008. It was a Portuguese ship which set sail from
GJC Announces 15th Edition of National Jewellery Awards
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly announces the 15th edition of the National Jewellery Awards (NJA’26), India’s most prestigious celebration of excellence in the gem and jewellery industry. Widely regarded as the industry’s highest honour, the National Jewellery Awards recognise and celebrate exceptional achievements in jewellery design, manufacturing, retailing, craftsmanship, innovation, and branding. Entries for NJA 2026
Namibia Delegation Explores Direct India Diamond Trade
Mumbai: A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited India’s Gem & Jewellery Export Promotion Council (GJEPC) office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry. The delegation included Rehabeam Nepaya, Deputy Director, Diamond Affairs; Secret Ruhaka and
LML Brand Holdings Expands into Jewellery Segment
New Delhi: Driven by its vision of identifying and revitalising iconic Indian brands that have earned lasting consumer trust, LML Brand Holdings recently announced the acquisition of Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions further strengthen the company’s “Reimagining Legends” philosophy of preserving the legacy of well-loved brands while unlocking their next phase of
Icons Honoured as Industry Legends at IIJS Celebration Night
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons
