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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New FEMA Guidelines to Exporters Explained

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which

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India & France Explore New Frontiers in Luxury Jewellery

Paris: India’s Gem & Jewellery Export Promotion Council (GJEPC) brought 17 curated Indian fine jewellery companies to Paris, with the India–EU trade agreement lending fresh momentum to business partnerships, creative exchange and brand-building across France’s luxury ecosystem. The pitch was partnership, not just supply. India is looking to deepen its place in the global luxury conversation—not simply as a leading

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GJEPC Partners with The Leela: Offers Benefits to Members

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group. The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and

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India’s G&J Exports Grow 9.43% in September 2026

Mumbai: India’s gem and jewellery (G&J) exports continued their growth trajectory in September 2026, with gross exports rising 9.43% in US dollar terms and 18.24% in rupee terms year-on-year to US$ 2.95 billion (Rs. 28,157.55 crore), compared to US$ 2.70 billion (Rs. 23,813.91 crore) in September 2025. For April–September 2026, India’s gross gem and jewellery exports reached US$ 14.30 billion

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CIBJO Releases Marketing & Education Sp. Report

Milan: With nine weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report provides an update about the organization’s Jewellery Industry Greenhouse Gas Measurement Initiative, which was

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BDB Installs 118' High Indian National Flag Mast

Mumbai: A 118 feet high Flag Mast has been installed in the premises of Bharat Diamond Bourse located in the ‘G’ Block of Bandra Kurla Complex, a corporate hub of Mumbai. The Indian National Flag admeasuring 30’ X 20’ was ceremoniously hoisted at the hands of Mr. Kirtibhai Doshi, the senior most diamond merchant in Mumbai and Mrs. Amrita Devendra

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16 Indian Cos Participating in India Diamond Week

Mumbai: In its effort to promote the Indian gems and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) in association with Diamond Dealer Club is organizing the 5th India Diamond Week from August 22 to 25, 2016 at the Diamond Dealers Club, 580 5th Avenue, New York. The main purpose of the four-day event is to create an

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Pravasi Bharatiya Samman Awards on 9th Jan ’17

New Delhi: The Ministry of External Affairs, Government of India is organizing Pravasi Bharatiya Samman Awards (PBSA) on 9th January, 2017. PBSA are conferred as part of the Pravasi Bharatiya Divas Conventions that have been organized by the Government of India since 2003. PBSA is the highest honor conferred on Overseas Indians. The Awards shall be presented by the Ministry

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