India becomes second-largest diamond jewellery market with 12% global share, overtakes China and JapanIndia has emerged as the world’s second-largest diamond jewellery market, driven by rising incomes and strong demand from Gen Z and millenn...
10 Apr, 2026, 04.53 PM IST
World Diamond Council head says lab-grown gems losing their sparkleLab-grown diamonds are losing their shine. Oversupply has caused prices to crash, impacting consumer trust. Experts believe the lab-grown b...
23 Oct, 2025, 03.17 PM IST
Natural diamonds shine as prices dipIndian consumers are buying more natural diamonds as prices have dropped by about 30% from 2022. During the same period, gold and silver pr...
20 Feb, 2025, 11.37 PM IST
Thousands of Surat workers are caught in Russia-West crossfireRussia-Ukraine war has impacted the diamond industry in Surat, Gujarat, leading to job losses and factory closures. Western sanctions on Ru...
25 Sep, 2024, 08.37 PM IST
Job losses, factory closures haunt India's diamond sector as trade shine fadesIndia's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory clo...
18 Sep, 2024, 01.03 PM IST
Indian diamond jewellery market to grow to US$ 17 bn by 2031Nirav Bhansali, Convener of National Exhibitions at GJEPC, said, “In the gems and jewellery industry, we are not merely purveyors of luxury...
03 May, 2024, 04.30 PM IST
Indian diamantaires seek pause on rough stones' supplyThe overall gross exports of cut and polished diamonds between April and August of FY24 was $ 7028.31 million - a decline of 30.27% from $1...
20 Sep, 2023, 11.06 PM IST
Cut and polished diamond export likely to decline 15% this fiscal: ReportCPD exports dropped by 32 per cent in this fiscal's first four months y-o-y, as per the report by CareEdge Ratings.
01 Sep, 2023, 10.01 AM IST
SME IPO turns multibagger on listing, offers 100% return to investorsThe Rs 2 crore SME issue was subscribed by a massive 64 times at close, with retail category subscription at 93.7 times. Meanwhile, other i...
29 Aug, 2023, 06.47 PM IST
India’s gems and jewellery exports grow 2.48% in FY23“Timely implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) by the commerce ministry resulted in a remarkab...
19 Apr, 2023, 01.53 PM IST
India's gem, jewellery exports decline 23.7pc to Rs 21,501.96 cr in March; marginally up in FY23India's overall gem and jewellery exports grew marginally by 2.48 per cent to Rs 3,00,462.52 crore (USD 37,468.66 million) in 2022-23 due t...
18 Apr, 2023, 05.51 PM IST
Gem & jewellery exports shine amid global challenges, up 2.48% in FY23The provisional gross export of Plain Gold Jewellery stood at Rs 33,177.86 crore between April 2022 and March 2023.
18 Apr, 2023, 04.17 PM IST
Diamond units cut capacity by 40%"We do not know how the geopolitical tension will pan out in the coming days. Both the US and China are important markets for us," said Vip...
16 Feb, 2023, 12.30 AM IST
Gross exports of gem and jewellery witnessed growth for the period of April – September 2022From April to September 2022, provisional gross export of Silver Jewellery increased 34.27% to US$ 1746.11 million as compared to US$ 1300....
10 Oct, 2022, 06.10 PM IST
Gem & jewellery exports up 4.4% during Apr-AugFor the period of April - August 2022, the overall gross exports of cut & polished diamonds fell by 3.68% to US$ 10080.52 million as compar...
15 Sep, 2022, 02.21 PM IST
China lockdowns hit lab-grown diamond outputChina is the only supplier in the world for the kind of graphite that is transitioned to diamonds in the lab under high pressure and high t...
17 Aug, 2022, 12.28 AM IST
Diamond market is expected to be strong through the first half of 2022: Bain & CompanyThe report also adds production is expected to hit 120 plus million carats in 2022 but is unlikely to reach pre-pandemic levels within the ...
08 Feb, 2022, 02.52 PM IST