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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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
India Releases List of 18 Tax Defaulters
New Delhi: Stepping up its ‘name and shame’ campaign, the Income Tax department of India on Wednesday made public a third list of 18 tax defaulters including gold and diamond traders whose dues totaled around Rs 1,150 crore. The I-T department’s public notice containing the names of the 18 defaulters who have either gone untraceable or have inadequate assets to
Tirupati Temple Body Seeks Amendments to GMS
New Delhi: The Tirumala Tirupati Devasthanam, which manages the Sri Venkateswara Temple at Tirumala, wants the central government to make some amendments in the Gold Monetisation Scheme (GMS) so that it can invest its huge gold reserves. The investment committee of the TTD, which met here on Saturday, felt that the amendments should be made “for at least charitable and
JGW Hong Kong Honours Sustainability Champions
Hong Kong: The Winners and Finalists of the Sustainability Awards 2025 by JWA (Jewellery World Awards) were celebrated at a Recognition Ceremony hosted last night by the industry’s No.1 jewellery sourcing destination – Jewellery & Gem WORLD Hong Kong (JGW). Powered by Informa Markets Jewellery, the Awards programme recognises exceptional sustainability initiatives within the fine jewellery, gemstone and related sectors.
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
Take Blood Donation Pledge on Jeweller’s Day
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is calling upon every citizen to take a Blood Donation Pledge on Jeweller’s Day and actively participate in blood donation drives that will follow, in honour of the skilled craftsmen who are the backbone of India’s gem and jewellery industry. This initiative reflects the industry’s deep commitment to social responsibility and
