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

Read More »

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

Read More »

Top News

De Beers Launches Diamond Reselling Business

Gaborone: The De Beers Group of Companies yesterday formally launched the International Institute of Diamond Valuation (IIDV) in the US to provide an enhanced diamond jewellery reselling solution, suited to the needs of both retailers and consumers. IIDV will provide an improved consumer experience by offering more accurate and attractive prices, as well as greater transparency in the reselling process.

Read More »

Diamond Services Expands Service to IDE

Hong Kong: Diamond Services, a developer and provider of screening services and technology for the diamond and jewellery industries, has announced that it will expand its lab-grown and colour-treated diamond screening service next week to the Israeli diamond centre. The launch of operations in Ramat Gan, Israel, comes on the heels of the inauguration of the company’s lab-grown and colour-treated

Read More »

India not to Withdraw 1% Duty on Jewellery

New Delhi: India’s Finance Minster Mr. Arun Jaitely stood firm on the government’s plan to impose 1% excise duty on non-silver jewellery, saying the measure was aimed at linking gold with the Goods and Services Tax (GST) which he hoped would be rolled out soon. Replying to the debate on the Budget in Lok Sabha, the FM made it clear

Read More »

GJEPC Honours Top Performers of 2015 at IGJA

Jaipur: The Gem & Jewellery Export Promotion Council (GJEPC) presented the India Gem & Jewellery Awards (IGJA) 2015, its first event of year 2016 that recognizes and rewards star performers of the Indian gem and jewelery sector, in the presence of Mr. Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy, Govt. of India at

Read More »

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

Read More »

‘Jewellers for Hope’ 2026 Raises Funds to Support Education

Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble

Read More »

Divine Solitaires Honoured Partner Jewelers at IIJS Premiere

Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.

Read More »

Sky Gold and Diamonds Begins FY27 On a Strong Note

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in revenue and profitability, supported by sustained demand from organised jewellery retailers, continued traction in lightweight and value-added jewellery, and consistent execution across

Read More »

Latest Videos