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DIAMOND SECTOR CHALLENGES
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...- Gems, jewellery exports dip 2.49% to USD 2,047.80 million in May: Trade bodyIndia's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports ...
- India-Oman CEPA sparks first duty-free gold jewellery shipment from KolkataThe first shipment of gold jewellery from Kolkata to Oman under the India-Oman CEPA was dispatched by Wonder Jewels, marking the start of d...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- Stealth, skies and sovereignty: India's fighter jet plan takes offThe Defence Ministry has issued tenders for India’s indigenous fifth-generation Advanced Medium Combat Aircraft (AMCA) programme to three p...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
- Wes Streeting: Right-leaning Labour politician set to run for leadershipWes Streeting, Britain's health secretary, has declared his intention to contest for the leadership of the Labour party. He aims to replace...
- Malabar Gold & Diamonds backs Modi’s call on responsible gold use, seeks overhaul of monetisation schemeMalabar Gold & Diamonds proposed enhancements to the Gold Monetisation Scheme to boost public participation and mobilize idle gold. The com...
- ‘Most Indians retire asset-rich but income poor’: Edelweiss MF’s Radhika Gupta on retirement planning, SIP resilience, lifecycle funds, and simple investingOne of the industry’s most recognisable voices on investing, Radhika Gupta, MD and CEO, Edelweiss Mutual Fund, has helped shape both her fu...
- Rare 158-Carat Yellow Diamond Unearthed as Remote Diavik Mine Nears ClosureA remarkable 158.20-carat yellow diamond was discovered at Canada's Diavik Diamond Mine as it nears its 2026 closure. This rare find, one o...
- Labour-intensive sectors see steep fall in exports in MarchThe fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, dr...
- Narendra Solanki sees limited IT growth, bets on rural and pharma playsInvestors are becoming selective, focusing on earnings visibility and strong balance sheets. Opportunities are emerging in sectors like IT,...
- GST reforms bring big relief to diamonds and jewellery sector: GJEPCThe Gem and Jewellery Export Promotion Council (GJEPC) reports that recent GST reforms offer significant relief to India's diamond and jewe...
- Diamond sector facing challenges during last three years due to reduced demand: Piyush GoyalIndia's diamond sector has struggled in the last three years due to lower demand and sanctions on Russian diamonds. Exports dropped to $18....
- Large export returns, unprocessed inventory hit diamond trade: GTRIThe Global Trade Research Initiative (GTRI) reports a significant drop in India's diamond sector, with a 24.5% decline in rough diamond imp...
- 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...
- India's Commerce Ministry proposes task force to boost gem and jewellery exportsThe commerce ministry is considering establishing a task force for the gem and jewellery industry to tackle sector challenges. This follows...
- 2,492-carat diamond, one of the world's largest, discovered in BotswanaLucara Diamond Corp. has discovered a massive 2,492-carat diamond at its Karowe mine in Botswana, one of the largest ever found. Detected u...
- 'Falling prices, eroding consumer trust, imports major challenges for lab-grown diamond industry'India's lab-grown diamond industry has experienced significant challenges including overproduction, price declines, and high imports, as hi...
- Fading sparkle? Lab-Grown diamonds dive from $300 to $78 a caratThe lab-grown diamond market has seen a significant price drop from $300 per carat in July 2022 to $78 per carat recently, with natural dia...
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