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
India’s E-Commerce Ind. to Cross $38 Bln. in 2016
Mumbai: India’s e-commerce market is likely to touch $38-billion-mark in 2016, a 67 per cent jump over the $23 billion revenue it clocked last year, according to the Associated Chambers of Commerce and Industry (Assocham). “Increasing internet and mobile penetration, growing acceptability of online payments and favourable demographics has provided the e-commerce sector in India the unique opportunity to companies
PAN Provision Becomes Effective in India
New Delhi: According to a newly imposed rule by India’s Finance Ministry, any transaction exceeding the two lakh INR barrier will require one to show the Permanent Account Number (PAN) card, starting from 1st Jan, 2016. Mr. Arun Jaitley, India’s Finance Ministry had earlier said during a Parliamentary session that it is a move to curb down India’s black money.
IDE Institutes Presidents' Consultative Council
Ramat Gan: Israel Diamond Exchange President Yoram Dvash has taken another step to ensure that his administration’s policies will gather the widest possible support from the membership of the Israel Diamond Exchange (IDE) by appointing the IDE’s three Honorary Presidents, the President of the Israel Diamond Manufacturers Association (IsDMA) and the Chairman of the Israel Diamond Institute (IDI) as members
We Should Strive to be Realistic Optimists
Panama: Ms. Ali Pastorini, the young and learned Vice President of the World Jewelry Hub (WJH) and Senior Vice President of Panama Diamond Exchange (PDE) writes here exclusively for G2J and evaluates the year gone-by. 2015 was a challenging year for the diamond and jewelry industries. Most would agree. Indeed a great many commentators predicted that the business would be
Sennes Launches its 1st Exclusive LGD Store in Noida
Noida: Backed by the legacy and trust of Senco Gold & Diamonds, Sennes – Senco’s lab-grown diamond (LGD) focused lifestyle brand – announced the launch of its first exclusive store in Noida at Gaur City Mall. This marks Sennes’ 12th store in the country and its debut in the Noida market, further strengthening its presence across key urban centres. Positioned
Botswana Leadership Takes its Place on The World Stage
Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public
GJC Issues Statewide Guidelines & Multilingual SOPs
Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive
Roadmap for Gold Innovation & Global Reach
Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting
