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Bharat Diamond Bourse Wins SURAKSHIT MUMBAI AWARD 2025 for Excellence in Security and Safety Leadership

The Bharat Diamond Bourse (BDB), India’s largest and one of the world’s most advanced diamond trading hubs, has been honoured with the SURAKSHIT MUMBAI AWARD 2025 for Best Security & Command Centre in Premises of the Year.

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This prestigious accolade recognizes BDB’s outstanding commitment to security, technological innovation, and emergency preparedness.

The award was presented during a distinguished ceremony at The Westin, Powai, organized by SymX, PSP, and the ASIS Mumbai Chapter. The event celebrated institutions across Mumbai that have demonstrated excellence in safety standards, crisis management, and innovation in security infrastructure.

BDB’s Department of Security & Fire Safety received special recognition for its robust command centre operations and proactive approach to safety management. Representing BDB at the event were Shri Shirish Inamdar Ji, Mr. Samir Jha, Mr. Mahesh Kaloni, and Mr. Ramesh Khodke.

The award was conferred by Shri Santosh Bahadur Singh, Commandant of the National Disaster Response Force (NDRF), in the presence of an esteemed gathering of government officials, security professionals, and industry leaders.

Key dignitaries at the event included Mr. Harjinder Kang, British Deputy High Commissioner (Chief Guest), along with Guests of Honour such as Mr. Shyam Jagannathan (Director General Shipping), Mr. D. Sivanandhan (Former DGP, Maharashtra), Mr. Brijesh Singh (Principal Secretary), and Mr. Vishwas Nangre Patil (ADG, Anti-Corruption).

This recognition adds to BDB’s long-standing history of national and state-level accolades and carries special meaning as a hometown honour. It reinforces BDB’s leadership in integrating best-in-class technology, operational discipline, and safety protocols into its infrastructure.

The SURAKSHIT MUMBAI AWARD 2025 stands as a significant milestone in BDB’s journey toward ensuring a secure, resilient, and world-class business environment for the diamond trade community.

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National News

Gold Rebounds in India After Five-Day Slide; Dollar Strength Keeps Pressure Intact

Despite the rebound in retail prices, futures trading remained largely muted.

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Gold prices in India posted their first significant rebound in six sessions on Saturday, recovering after a sharp five-day decline that had rattled the domestic bullion market.

The price of 24-karat gold rose by Rs. 2,510 per 10 grams to Rs.163,640 on March 7, according to market data. The recovery comes after bullion prices fell steeply earlier in the week, with gold dropping nearly Rs.11,000 per 10 grams—or about Rs.110,000 per 100 grams—between March 2 and March 6.

Despite the rebound in retail prices, futures trading remained largely muted. On the Multi Commodity Exchange of India, gold futures closed Friday’s evening session almost unchanged at around Rs. 161,675 per 10 grams.

Global cues continue to shape the domestic trend. Spot gold climbed above $5,120 an ounce, lending support to local prices after several sessions of losses.

However, bullion markets remain under pressure from macroeconomic factors. A stronger U.S. dollar and rising U.S. Treasury yields—fueled in part by a rally in crude oil prices and renewed inflation concerns—have dampened investor appetite for precious metals in recent days.

Silver prices have also faced similar headwinds, reflecting broader movements in global commodity and currency markets.

Analysts say the near-term outlook for bullion will largely depend on the trajectory of the dollar and bond yields, which continue to dictate flows into safe-haven assets such as gold.

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