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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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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WFDB Congratulates Stephen Lussier

Antwerp: The World Federation of Diamond Bourses (WFDB) congratulates Stephen Lussier on his appointment as the Chairman of the Diamond Producers Association (DPA), with WFDB President Ernie Blom saying the DPA will benefit from Lussier’s long experience in the diamond industry. “Stephen’s breadth of knowledge of the diamond business is second to none and the DPA will reap the advantages

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Enjoy Valentine’s Day with Platinum Love Bands

Mumbai: This Valentine’s Day gift your soulmate a souvenir that symbolizes eternal love. What better than platinum to proclaim and honor your everlasting love. A naturally white metal that never fades or tarnishes stands the test of time, just like your true love. Embodying the union of two souls is the new range of Platinum Love Bands is inspired by

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Signature IIJS & IGJME Opened in Mumbai

Mumbai: The Gems & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 9th edition of Signature IIJS and the 3rd edition of India Gem & Jewellery Machinery Expo (IGJME). Chief Guest Mr. Subhash Desai, Hon. Minister of Industries, Maharashtra, unveiled Signature IIJS 2016 in the presence of GJEPC

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Lab-Grown Diamonds' Association Formed

Morrisville: More than 10 leading grown diamond producers, distributors and retailers have come together to launch a global platform, the International Grown Diamond Association (IGDA). The first ever grown diamond industry association aims to represent the grown diamond industry, promote grown diamonds as a new choice in diamonds and educate about various unique qualities and applications of grown diamonds. Founded

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India Removes ₹10 Lakh Cap on Courier Export

New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for

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Aurya Diamonds Enters the Market

Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.

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Tracr Appoints Jillian Wolk as CEO

New York: Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective 1 May 2026. Ms. Jillian joins Tracr following senior leadership roles across the jewellery, luxury and technology sectors. Most recently, she served as Vice President, Growth & Strategic Initiatives at GIA, where she developed new services and drove diversified revenue, strengthened commercial strategy, and supported

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IIGJ Presents Glimpz’26 Annual Award Ceremony

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) presented Glimpz’26, its annual exhibition and awards ceremony showcasing the graduating batch of B.A. in Gems & Jewellery Design (2023–26).Held at the Bharat Ratnam – Mega CFC Auditorium, the event brought together industry leaders, mentors, and emerging design talent on a common platform—celebrating creativity, craftsmanship, and the future of Indian jewellery.

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