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JAIPUR CUTTING AND POLISHING
Coloured gemstones prices rise 20% as demand surges; gold, silver prices declineColoured gemstone jewellery is seeing a surge in popularity, with prices rising 20% year-on-year as affluent consumers favour these vibrant...- De Beers bets on India’s rich to boost natural diamond demandThe unit of Anglo American Plc is opening its fifth and largest global ‘Forevermark’ store in Mumbai this week and plans to reach 25 outlet...
- Roll over gold, Indians now gemming to coloured stonesColoured gemstones are gaining popularity among young Indians. Bollywood celebrities and rising gold prices are driving this trend. The Ind...
- Jewellery exporters jittery over reciprocal US tariffsJewellery exports from Mumbai's SEEPZ face a potential setback due to US President Trump's proposed reciprocal tariffs, which could signifi...
- Trump’s tariff plan spells trouble for Mumbai’s SEEPZ jewellery export operationsJewellery exports from Mumbai’s SEEPZ to the US may face significant challenges due to potential reciprocal tariffs proposed by President T...
- GJEPC, Jewellers Association Jaipur form SPV for implementing Jaipur Gem & Jewellery Bourse projectThis global gemstone trading centre is expected to house 1,500-2,000 units - coloured gemstone and jewellery units, labs, banks, insurance,...
- Gross exports of gem & jewellery in FY21-22 stood at US$ 39.15 billionIn the month of March 2022, the overall gross exports of gems & jewellery stood at US$ 3393.29 million (Rs. 25872.83 crores), showing a dec...
- I-T Dept detects Rs 500-cr black income after raids on Jaipur jewellery, gems groupThe Income Tax Department has detected undisclosed income of more than Rs 500 crore after it recently raided a Jaipur-based group engaged i...
- India's jewellers focus on exporting silver as demand for diamonds dropsDemand for silver jewellery more than doubled in FY20, while sales of lab-grown diamonds overseas surged 88%: By contrast, exports of polis...
- Jewellery industry urges govt to reduce import duty on gold, polished diamonds"We have been pursuing with the government constantly with few concerns which require immediate attention, like reduction in import duty on...
- Young, rich Indians have started a gem of a trend as demand for rubies, sapphires growDemand for precious stones in jewellery is growing with urban buyers willing to pay top price for them.
- Lower GST on diamond job work, sector cheers over Rs 200-cr export refundThe government's move to slash GST on job work services in diamond trade will help arrest job losses in Gujarat, said industry executives.
- Gem and jewellery exports decline by 11% in FY14The export of gold jewellery and gold medallions together for the period April 2013-14 was at $ 11045.92 million which shows a decline of 3...
- Diamond jewellery demand down 20% in Diwali; Lacks sparkle in upcoming wedding season tooThere has been a 20% drop in demand for diamond jewellery this Diwali and for the upcoming wedding season.
- Exempt cut, polished gemstones from import duty: GJEPCGem and jewellery exporters on Friday demanded the removal of import duty on cut and polished gemstones, saying the step would help in boos...
- Diamond polishing: Mining companies, sourcing nations challenge India’s supremacyTraditionally, the diamond polishing industry has followed the trail of low labour costs. New York was a major diamond manufacturing centre...
- UK's Gemfields brings Zambian emeralds to IndiaDespite the slowdown, Gemfields Resources, a UK-based mining and processing company, has begun selling Zambian emeralds in India and is tar...
- Gem, jewellery export to go down furtherAccording to several Jaipur-based exporters, business was already affected by 50% and the recent recession has ensured that it goes down fu...
- Re impact: Stone-studded jewellery gets cheaperThe rise of the rupee against the US dollar has made imports of precious and semi-precious stones cheaper, bringing down the prices of ston...
- Jaipur gems expo to showcase emeraldsConnoisseurs of gemstones go crazy about emerald, the green semi-precious gemstone which imparts a touch of royalty.
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