National News
Women in the GJ Industry Pave the Way for Leadership and Innovation

Empowered women from the Gem & Jewellery industry emphasized how every woman is an invaluable asset to any organization. The shared message was clear: women are most formidable when we unite, offering unwavering support, uplifting encouragement, and celebratory affirmation of each other’s achievements. The amplification of women’s voices is not a one-time act but a continuous process that requires ongoing cultivation. It demands a sustained commitment to creating an inclusive ecosystem where women are not just present but empowered to lead, innovate, and shape the future.
Here’s what leading women and entrepreneurs have to say about International Women’s Day and its significance.

Madhuri Dixit Nene -Indian Actress – Icon of Indian Cinema
“When you educate a girl child you educate a family. It is necessary to educate women. Education is the key to progress. As a people we have a responsibility to empower women; empowering women leads to a better society. We should ensure women are represented in all segments of society, in all sectors of industry. Women need to come forward and be an integral part of every sector.”

Nirupa Bhatt – Certified Independent Director -Leadership Coach and Consultant
“My journey in the bullion industry has been one of perseverance and purpose. At Aspect Bullion & Refinery, we are committed to fostering a landscape where expertise, not gender, defines success. By championing inclusivity and providing opportunities for aspiring women, we can ensure they play a pivotal role in shaping the future of India’s bullion and refining sector.”

Vaishali Banerjee -Managing Director – India, Platinum Guild International
“The gems and jewellery industry is witnessing a powerful transformation. Today, there are many more women who are redefining every facet be it as visionary designers, strategic business leaders, or discerning consumers seeking authenticity and value. As an industry we need to ensure that this momentum continues and gains even more power, because as more women step into leadership roles it will provide for a thriving and sustainable industry. At Platinum Guild International, we have always been dedicated to amplifying women’s voices, creating meaningful opportunities, and shaping leadership to be inclusive and forward-thinking. My journey as a leader with the company has only deepened my conviction of sustaining the culture of inclusiveness, diversity, meritocracy and equal opportunities.”

Khushboo Ranawat -Director- Swarnshilp Chains & Jewellers
“Every woman is a powerful asset to every company, contributing unique strengths and perspectives that drive innovation and growth. When one woman succeeds, it should serve as an inspiration for others to reach their fullest potential. We are at our strongest when we support, uplift, and cheer each other on, for together, we can break barriers and create a future where all women thrive.”

Hetal Vakil Valia -Jewellery educator, Designer, Manufacturer, Consultant, Entrepreneur
“Women belong in all places where decisions are being made.” – Ruth Bader Ginsburg
“The jewellery industry has long been a symbol of beauty and craftsmanship, but true brilliance comes from the women reshaping its future. I have carved my own path in this dynamic world—turning challenges into stepping stones and tradition into innovation. Empowerment, to me, means more than success; it’s about lifting others, redefining leadership, and proving that resilience and creativity have no limits. The future of this industry isn’t just sparkling—it’s unstoppable, because women like us are at the helm, setting new standards and shining on our own terms.”

Bharti Bangur– Owner & Founder – Bharti Bangur- Fine Jewels
“The gem and jewellery industry has long been a reflection of artistry and precision, and today, it is also becoming a space of empowerment for women. From design and craftsmanship to entrepreneurship and leadership, women are shaping the industry with creativity, resilience, and innovation. Breaking barriers and redefining traditions, their contributions are fostering a more inclusive and dynamic future. As more women step into key roles, mentorship and opportunities become crucial to sustaining this progress. The industry thrives when diverse perspectives are embraced, and empowering women is not just a movement—it’s the key to its continued brilliance.”

Aksha Kamboj – Vice President-IBJA- Executive Chairperson – Aspect Global Ventures
“My journey in the bullion industry has been one of perseverance and purpose. At Aspect Bullion & Refinery, we are committed to fostering a landscape where expertise, not gender, defines success. By championing inclusivity and providing opportunities for aspiring women, we can ensure they play a pivotal role in shaping the future of India’s bullion and refining sector.”

Nishtashri Srinivasan– Director, Emerald Jewel Industry
“I feel like everything in the world has reached a point where there is no more “women do this, and men do this”. Thanks to the universe and every force that has made this happen. I believe that women, are created to bring in warmth, love and aesthetics into the world. They can be such amazing nurturing leaders. The world needs nurturing and love more than anything now. So the role in my opinion, of the women in jewelry industry is to be nurturing leaders, bring in lots of creativity in designs or even in business models and shine on.”

SUHANI GARG – CO FOUNDER – NISHANI
“Jewellery has always been a personal expression, yet the industry has long dictated its form. With Nishani, I set out to change that—creating pieces as dynamic and versatile as the women who wear them. Breaking into luxury as a young female entrepreneur came with challenges, but true impact isn’t about following trends—it’s about creating something lasting. As more women lead in design and craftsmanship, they’re redefining the industry with fresh perspectives. This Women’s Day, I celebrate reinvention and the women who push boundaries, proving that success isn’t about fitting in, but standing out on your own terms.”

Gunjan Sapra – COO and HOD Jewellery Design-International Institute of Gemology
In Gem & Jewellery Industry, its inspiring women breaking barriers, redefining leadership, and revolutionizing the field with creativity and resilience.” We’re not just changing the face of the industry – we’re revolutionizing it. “Kolkata, the cultural and heritage city known for its art and craftsmanship, my journey started as a Jewellery Designer, with leading jewellery houses. Every step of my journey has shaped my vision, strengthened my expertise, and fuelled my commitment to mentoring the next generation of Jewellery professionals. Today, as the COO of the International Institute of Gemology (IIG), I am dedicated to advancing Gem and Jewellery education. Honoured with the GOLDEN GIRL AWARD and SHAKTI AWARD, I take pride in celebrating and empowering women in this dynamic industry.”
By fostering a culture of mutual support, celebration, and empowerment, Women Entrepreneurs & Celebrities are not just carving a space for themselves—they are shaping the entire landscape for future generations. As we continue to amplify women’s voices, let us remember that true progress comes from creating an environment where women are encouraged to lead, innovate, and redefine success. The journey towards a more inclusive and empowering industry is ongoing, and every step forward is a testament to the resilience and determination of women across the field.

National News
Senco Gold & Diamonds unveils Ganesh Chaturthi New Designs & Offers to celebrate the festival of birthday of Lord Ganesha

Mumbai, August 2025: Senco Gold & Diamonds is a leading pan-India jewellery retailer with a legacy of more than eighty-five years and the largest jewellery retail player in Eastern India based on number of showrooms with a whooping count of 186+, introduces Ganesh Chaturthi New Designs and offers to celebrate the festival of birthday of Lord Ganesha, the Lord of knowledge, wisdom, prosperity and good fortune. The festival is also known as Vinayak Chaturthi or Vinayak Chavithi.
The ten-day-long festival is a time of devotion and cultural splendour that brings people together. It is believed that devotees who pray to Lord Ganesha on this auspicious day can fulfil their wishes and are bestowed with good luck and prosperity.
This Ganesh Chathurthi pays homage to the divine aura with gold and diamond jewellery pieces that will not only heighten your whole look but also symbolise prosperity, where customers can explore a wide range of new designs of Gold, Platinum & Diamond jewellery. The Ganesh Chaturthi collection celebrates tradition with a modern touch.

Commenting on this, Mr. Suvankar Sen (MD & CEO, Senco Gold & Diamonds) said, “Senco Gold & Diamonds is known for its exquisite jewellery collections, which are handcrafted with precision and devotion to detail. The brand’s jewellery is inspired by Indian culture and heritage, and it offers a wide variety of designs and styles to choose from, including traditional, modern, and contemporary. The Ganesh Chaturthi festival holds tremendous significance for devotees across Inia and to celebrate that we have introduced fantastic offers of Rs 100 off per gram on gold rate, upto 35% off on making charges in gold jewellery, upto 10% off on diamond value and upto 25% off on making charges of diamond jewellery, upto 10% off on making charges of silver items, and 0% deduction on old gold jewellery exchange. Special discounts in Sennes (Leather) of upto 15% on diamond value (lab-grown diamond jewellery), and upto 15% discount in the MRP of Leather Bags”.
Commenting on this Mrs. Joita Sen, (Director and Head of Marketing & Design, Senco Gold & Diamonds), said, “August is a month of festivities across India, with Rajasthan, Harryana and Bihar celebrating Teej and Maharashtra observing Ganesh Chaturthi. To celebrate the birthday of Lord Ganesha this year, we have launched new pendant designs crafted in gold and diamonds, each such pendant is designed to be lightweight, sleek, and timeless. The jewellery pieces embody reverence for Lord Ganesha while reflecting contemporary elegance, making them perfect symbols of devotion that fit seamlessly into today’s lifestyle”.

Senco Gold & Diamonds offers extensive jewellery collection, including gold, diamond, silver, platinum, as well as precious and semi-precious stones under brands such as Everlite, focused on lightweight jewellery; Gossip, the silver and costume jewellery brand; and D’Signia, which offers a premium jewellery retail shopping experience to customers. Senco Gold & Diamonds also has an Aham collection of jewellery catering to men and a Vivaha collection, which is a premium designer wedding jewellery range. The Ganesh Chaturthi Offers will be available from August 26-31st, 2025, at all Senco Gold & Diamonds showrooms and online channels
National News
Gold and Silver Prices Rise in Domestic Futures Market Amid Global Cues
Gold and silver prices edged higher in the domestic futures market on Tuesday morning, supported by weakness in the US dollar and fresh global developments.

At 9:10 AM, MCX Gold October 3 contracts were trading 0.27% higher at Rs.100,897 per 10 grams, while MCX Silver September 5 contracts gained 0.31% to reach Rs.1,16,314 per kg.
The uptick follows political and monetary shifts in the United States. US President Donald Trump’s decision to dismiss Federal Reserve Governor Lisa Cook over alleged mortgage borrowing misconduct, coupled with Fed Chair Jerome Powell’s dovish stance at the Jackson Hole Symposium, weighed on the dollar and boosted safe-haven demand.
In his August 22 address, Powell signaled a pivot from inflation concerns to prioritizing the US job market, reinforcing expectations of a potential rate cut in September. Gold responded with a strong rebound, closing 1% higher at $3,372 on Friday and recording a weekly gain of 1.1% as of August 22.
Market analysts suggest that bullion may continue to find support in the near term as investors track global monetary policy signals and geopolitical shifts.
National News
Shraddha Kapoor-Backed Palmonas Raises ₹55 Cr in Series A to Fuel Nationwide Retail Expansion
Pune-based demi-fine jewellery brand Palmonas has raised ₹55 crore in its Series A funding round, led by Vertex Ventures Southeast Asia and India, a subsidiary of Temasek.

This marks the company’s first institutional fundraise, aimed primarily at scaling its offline footprint across India.
With 25 stores already operating in metro and tier-2 cities, Palmonas now plans to launch 100 company-owned outlets, with a focus on key markets such as Mumbai, Delhi, Bengaluru, Hyderabad, and Pune. The expansion strategy will also explore emerging cities like Aurangabad and Bhagalpur, with 60% of the stores located in malls, 40% on high streets, and a few in airports.
The new capital will also support team expansion and product innovation, particularly in the nine-carat gold segment paired with lab-grown diamonds—a fast-growing category amid surging gold prices and new hallmarking norms.
Palmonas has shown steady financial growth, with revenue increasing from ₹3.83 crore in FY23 to ₹5.38 crore in FY24, though it reported a net loss of ₹1.24 crore.
Prior to this round, Palmonas had raised about ₹7 crore from angel investors and its appearance on Shark Tank India, where it secured investment from Namita Thapar (Emcure Pharmaceuticals) and Ritesh Agarwal (OYO).
The funding comes at a time of increased investor interest in jewellery startups, particularly those innovating in lab-grown and demi-fine segments. Competitors like Aukera, True Diamond, Amama, and Coluxe have also raised capital recently. Meanwhile, larger players such as GIVA, Lalithaa Jewellery Mart, and BlueStone are tapping into the public and private markets to scale operations.
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