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
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
IDPL Unites Natural Diamond Community
Hong Kong: The third edition of the International Diamond Premier League (IDPL), a cricket tournamentcreated by and for the global natural diamond community, will take place in Hong Kong from 19–22 March 2026. Following earlier editions in Belgium and India, IDPL 3.0 will bring together leading diamantaires and industry partners from Belgium, India, and Hong Kong for four days of
De Beers Partners with Cricketer Abhishek Sharma
De Beers Group, the world’s leading diamond company has announced its association with Indian cricketer Abhishek Sharma to celebrate natural diamonds in India, bringing together two forces defined by character, authenticity and enduring excellence. Abhishek Sharma has emerged as one of the most exciting voices in Indian cricket, known for his fearless style of play and strong personal identity. His
Risk of Deception while Buying Diamond Jewellery
Antwerp: During a public event today at Antwerpen-Centraal railway station, the diamond industry body Antwerp World Diamond Centre (AWDC) raised awareness among passers-by about the risk of deception by jewelers when purchasing diamond jewelry. A lack of consumer knowledge about the difference between natural and synthetic diamonds makes them vulnerable to malpractice. During the initiative, passers-by could have their diamond
GJEPC Organized IJEX FAM Programme
Dubai: The five-day Familiarization (FAM) Program by GJEPC’s India Jewellery Exposition Centre (IJEX), Dubai, provided Indian jewellery exporters with comprehensive insights into the Middle East market, focusing on regional dynamics, consumer preferences, and retail environments across the UAE. The 6th batch of the IJEX FAM Programme, initiated and facilitated under GJEPC’s Export Mentorship Programme (EMP), delivered a structured five-day immersion
