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DIAMOND TRADING HUB
Taxation laws amendment bill: Government proposes simplified exemption framework for offshore fundsA bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offe...
Gujarat industry seeks easier access to incentives, lower cost of doing businessIndustry stakeholders say the opportunity for them lies in strengthening the link between its large industrial base and MSMEs while reducin...
45% of US exports out of Section 301 duty; textile mechanism still pending, says govtAbout forty-five percent of India's exports to the US are excluded from new tariffs. The remaining fifty-five percent of exports will attra...
India's jewellers get a US tariff breather, but the real pain isn't overIndia's gem and jewellery exporters welcomed the US decision to retain the additional tariff on Indian shipments at 10%, giving them a tari...
India-UK FTA: Kolkata flags off first jewellery export consignment to UK under CETAKolkata dispatched its first jewellery export to the United Kingdom under the India-UK CETA. This marks the city's entry into the first nat...
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
Titan's big wager on the premiumisation boom now rests on watches priced above ₹25,000Titan is significantly increasing its focus on premium watches. The company anticipates that timepieces priced above Rs 25,000 will soon ac...
GJEPC showcases India's craftsmanship, innovation and design at JCK Las Vegas 2026India's Gem & Jewellery Council celebrates 21 years at JCK Las Vegas, showcasing "Brilliant Bharat." The India Pavilion highlights a shift ...
Budget 2026: Gems & jewellery industry seeks measures to position India as global diamond trading hubThe gem and jewellery sector seeks a significant boost from the Union Budget 2026-27 to counter global headwinds. Experts emphasize policy ...
DREAM city project will help Surat to emerge as safest, convenient diamond trading hub: PM ModiPrime Minister Narendra Modi on Thursday said once the Diamond Research and Mercantile (DREAM) city project is completed, Surat will emerge...
UAE becomes world's top trading hub for rough diamonds -DMCC CEOOver $22.8 billion of rough diamonds were traded through the Gulf state in 2021, Ahmed Bin Sulayem, DMCC CEO and executive chairman said, a...
Will India’s diamond cutting operations shift to Israel, Belgium?India is the world’s largest cutting and polishing centre of rough diamonds, and it is said that 14 out of every 15 rough diamonds in the w...
Race is on between Mumbai and Surat to become largest diamond-trading hub in IndiaThe rivalry between Mumbai-based diamond trade and the diamond cutting and polishing industry in Modi's home state Gujarat is heating up.
A diamond trading hub in Mumbai? Does it make the cut?The proposed hub will allow local players to buy directly from miners and bring down prices.
- FTP meets the demands of gems & jewellery exporters
The $27-billion Indian gems & jewellery sector, which had a torrid time after the financial crisis broke out, has most of its wishes fulfil...
- India's gem of a challenge to Belgium & Israel
A committee comprising the Central Board of Direct Taxes and the commerce ministry is working on a tax regime.