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
Top News
Angola Projects 9M Carat Output This Year
Luanda: Angola expects to produce 8.9 million carats compared with 8.8 carats produced in 2015, according to a document from the Ministry of Geology and Mining cited by allafrica.com. Of that figure, industrial production will account for 8.1 million carats, while artisanal output is forecast to be 860,424 carats. Meanwhile, Angola last month sold 880,115 carats for $104.7 million with
De Beers May Cut Diamond Prices 7% at Sight
Gaborone: Bloomberg Business, citing three unnamed insiders, reports that De Beers cut rough diamond prices as much as 7% at its first sight of the year as the biggest producer works to counter slowing demand. De Beers plans to offer about $450 million of diamonds for sale, one said. A company spokesman declined to comment. Slower diamond jewelry sales in
Jean-Marc Lieberherr Leaving Rio Tinto
Perth: Global mining giant Rio Tinto has announced the appointment of Simon Trott to lead its Diamonds business as part of a restructure of its Diamonds & Minerals product group, reports DIB Online. Trott replaces Jean-Marc Lieberherr who will be leaving Rio Tinto after ten years with Rio Tinto Diamonds, the past two and a half years of which he
First Diamond Exploration Vessel Launched
Windhoek: On Saturday 9, the De Beers Marine Namibia’s diamond sampling and exploration vessel Nujoma was launched from the slipway at Kleven Verft in Ulsteinvik, Norway. The first of its kind and highly specialized vessel for deep water mineral exploration will include a wide range of tailor made equipment and features. It is based on the MT 6022 design from
JewelStart to Elivate India’s Role as “Jeweller to the World”
Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as
Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee
Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum
GJEPC Confers Hall of Fame Awards
Mumbai: The Hall of Fame is more than an awards presentation. It is the occasion reflecting the shared values and collective strength of the gem and jewellery community. GJEPC honoured their contributions that have left a lasting impact and continue to inspire the next generation. These are the leaders who have shaped the industry’s journey and its future. Dilip Kumar
IIJS Bharat Signature Pillars Honoured
Mumbai: Behind the scale and precision of IIJS Bharat Signature 2026 lies months of planning and on-ground execution by teams who rarely step into the spotlight. At the ceremonial opening at the Bombay Exhibition Centre, NESCO, GJEPC recognized these efforts through the felicitation of the IIJS BharatPillars, honouring individuals whose behind-the scenes work shapes the show year after year. Those
