National News
World Water Day 2026: Inauguration of the CIBJO Lake Marks a Powerful Commitment to Water Conservation and Sustainability

On the occasion of World Water Day 2026, the Dholakia Foundation, the philanthropic arm of Hari Krishna Group, marked a significant environmental milestone with the inauguration of the CIBJO Lake. The event brought together global industry leaders, public representatives, and members of the Dholakia family and the community, reflecting a shared commitment to water conservation, biodiversity, and building a sustainable future.

A Tribute to 100 Years of Global Leadership
The CIBJO Lake was inaugurated by the Chief Guest, Dr. Gaetano Cavalieri, President of CIBJO, as a tribute to the 100-year milestone of CIBJO – The World Jewellery Confederation. The inauguration was also held in the presence of Kaushikbhai Kantibhai Vekariya, Hon’ble Minister of State, Government of Gujarat; Bharatbhai Sutariya, Hon’ble Member of Parliament, Amreli; Janakbhai Talaviya, Hon’ble MLA, Lathi; J.V. Kakadiya, MLA, Dhari; and Hirabhai Solanki, MLA, Rajula. Founded in 1926, CIBJO has played a key role in promoting ethical practices, sustainability, and global cooperation across the jewellery supply chain.

Developed in 2023 in Luvariya village as part of the Gagadiya river rejuvenation initiative, the lake strengthens water security in Saurashtra, a drought-prone region. Spread across 15 acres with a storage capacity of 156 million litres (15.6 crore litres), it supports five villages, benefiting around 12,000 farmers. Improved water availability has enabled multi-cropping and increased groundwater levels, transforming the local ecosystem.
Global Presence and Reflections on Sustainability
The occasion featured inspiring addresses by global leaders. Dr. Gaetano Cavalieri reflected on the deeper significance of the initiative:
“Martin Luther King Jr. once said, ‘I have a dream.’ In the same way, Savjibhai Dholakia had a dream — and today, we see that dream turning into reality. What was once barren land has been transformed into a thriving ecosystem of water, greenery, wildlife, and community life.”

“What the Dholakia Foundation has achieved here is truly remarkable. This work stands as proof that industry can lead with conscience — that growth and responsibility can coexist. Savjibhai Dholakia, Founder and Chairman of Hari Krishna Exports Pvt. Ltd also addressed the gathering, emphasising the importance of giving back to nature and building long-term environmental initiatives for future generations.”
He also added that in Kutch, across 13 talukas, lake development and water conservation initiatives are being undertaken through a collaborative effort between the villagers and the Foundation. Where farmers earlier relied on a single crop, improved water availability and rainfall have now enabled up to three cropping cycles annually.

International Participation
The inauguration was attended by an esteemed international delegation, including:
| Category | Name | Designation |
| CIBJO & Industry Leadership | Dr. Gaetano Cavalieri | President, CIBJO |
| CIBJO & Industry Leadership | Francesca Manfredi | Head of Sustainable Innovation – Watches & Jewellery, Kering Group |
| Distinguished Excellencies | Lalatiana Accouche | High Commissioner of Seychelles to India |
| Distinguished Excellencies | Gilbert Shimane Mangole | High Commissioner of the Republic of Botswana to India |
| Distinguished Excellencies | Ganbold Dambajav | Ambassador of Mongolia to India |
| Distinguished Excellencies | Sena Latif | Ambassador of Romania to India |
| Distinguished Excellencies | Aishath Azeema | High Commissioner of the Republic of Maldives |
| Distinguished Excellencies | Chavanart Thangsumphant | Ambassador of Thailand to India |
| Distinguished Excellencies | Felix Diallo | Ambassador of the Republic of Mali |
| Distinguished Excellencies | Rath Many | Ambassador of the Kingdom of Cambodia to India |
| Distinguished Excellencies | Ildjima Badda | Ambassador of the Republic of Chad in India |
| Distinguished Excellencies | Erick Jean Marie Zinsou | Ambassador of the Republic of Benin to India |
| Distinguished Excellencies | Zada Seidou | Ambassador of Niger to India |
| Distinguished Excellencies | Yawo Edem Akpemado | Charged Affaires / Head of Mission, High Commission of Togo |
| Distinguished Excellencies | Sylvie Michèle Mpon Tiek | Charged Affaires, High Commission of the Republic of Cameroon in India |
The session concluded with a heartfelt vote of thanks to all dignitaries and participants.
Towards a More Sustainable Tomorrow
The inauguration of the CIBJO Lake marks a meaningful step towards environmental responsibility and long-term sustainability. More than an infrastructure project, it stands as a symbol of collective action, community impact, and respect for nature—demonstrating that growth and responsibility can go hand in hand.
National News
Gold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data
Gold Recovered After Opening On A Weak Note, While Silver Extended Its Gains. In International Markets, Gold Eased After Opening Firm, Whereas Silver Continued To Trade Higher.
Gold and silver futures traded higher in the domestic market on Monday, supported by softer US inflation data, declining crude oil prices and easing expectations of further interest-rate hikes by the US Federal Reserve.
Gold recovered after opening on a weak note, while silver extended its gains. In international markets, gold eased after opening firm, whereas silver continued to trade higher.
On the Multi Commodity Exchange (MCX), the benchmark October gold contract opened at Rs 1,51,793 per 10 grams, down Rs 27 from its previous close of Rs 1,51,820. The contract later recovered and was trading at Rs 1,51,905 per 10 grams, up Rs 85. During the session, it touched a high of Rs 1,51,947 and a low of Rs 1,51,461.
Silver futures opened higher, with the benchmark September contract starting at Rs 2,31,799 per kg, up Rs 333 from the previous close of Rs 2,31,466. The contract subsequently climbed to Rs 2,33,499 per kg, recording a gain of Rs 2,033. It touched an intraday high of Rs 2,33,618 and a low of Rs 2,31,660.
In the global market, gold was trading near $4,400 per ounce on Comex, while silver was quoted at around $63.70 per ounce.
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National News15 hours agoGold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data

