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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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
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
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
Zimbabwe’s Diamond Company Starts Mining
Harare: The newly established Zimbabwe Consolidated Diamond Company (ZCDC) has reportedly started mining dumps in Marange. Finance minister Patrick Chinamasa said the company was in its “first month or second month”. “We are now receiving figures of their daily production. They have already started extracting diamonds from dumps and have done 100 000 carats. We are going to publish the
GJEPC Introduces Special Recognition Award
Bengaluru: At IIJS Bharat Tritiya 2026, GJEPC introduced special recognition award, Hidden Stars, for the very first time, dedicated to the teams who work behind the scenes and play a vital role in the success of every jewellery business. Often unseen yet highly influential, these professionals help shape important decisions, guide collections, and strengthen the very foundation of retail excellence. Their
WGC to Develop Shared Infrastructure for Digital Gold
London: The World Gold Council (WGC) recently announced a pioneering initiative to build new market infrastructure designed to unlock the next era of digital gold’s development. WGC has co-authored a White paper titled Digital Gold: The Case for a Shared Infrastructure with Boston Consulting Group (BCG) which explores “Gold as a Service” – a new platform to support the issuance
Diamond is Forever: The Making of a Cultural Icon 1926–2026
Mumbai: De Beers Group, a global leader in the natural diamond industry with a legacy spanning over a century, is launching A Diamond Is Forever: The Making of a Cultural Icon 1926–2026, a visual retrospective celebrating its pioneering role in shaping the world of natural diamonds. The book traces how, beginning in the 1930s, the brand reimagined natural diamonds from discreet
IIJS Bharat Tritiya Unveils India’s Strength As Global Jewellery Powerhouse
Mumbai: India today solidified its position as a global jewellery powerhouse as the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 4th edition of IIJS Bharat – Tritiya 2026 at the Bengaluru International Exhibition Centre (BIEC). As the third-largest B2B jewellery trade show in the country, the event serves as a strategic sourcing gateway for the upcoming festive and
