Nirmala Sitharaman inaugurates Gems and Jewellery Institute campus in UdupiUnion Finance Minister Nirmala Sitharaman inaugurated the Indian Institute of Gems and Jewellery in Udupi. The centre provides professional...
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...
Titan enters lab-grown diamond jewellery market with beYonTitan Company is launching its lab-grown diamond (LGD) jewellery brand, beYon, to tap into India's growing demand for affordable diamond al...
Trent shares rally 12% in 2 days after launching its lab-grown diamond brandTrent Share Price: Trent's shares surged by 12% as it launched its lab-grown diamond (LGD) brand 'Pome' in select Westside stores. Priced a...
Trent shares rally 7% to new all-time high on launching new LGD brand ‘Pome’Trent Share Price: Shares of Tata Group's Trent climbed 7.3% to hit a record high following the launch of its lab-grown diamond brand 'Pome...
India sniffs at new opportunity to add to its already shiny diamond market credentialsThe sharp decline in LGD prices has hit several international companies hard. Notably, WD LGD, the largest LGD maker in the US, went bankru...
Are lab-grown diamonds forever? Examining their impact on the natural gems businessIt’s 2024, and that carefully crafted chain of the diamond business is now being disrupted. Enter lab-grown diamonds (LGD). A lab-grown dia...
Four lakh workers face salary delays as lab diamond prices fallNearly four lakh workers in Surat's LGD industry face wage delays and job uncertainties due to falling prices of lab-grown diamonds, impact...
Rising gold prices drive Indian consumers towards lab-grown diamondsThe recent rise in gold prices has shifted consumer interest towards lab-grown diamond (LGD) studded jewellery due to its affordability. Ma...
Global glut takes shine off Indian lab-grown diamondsIndian lab-grown diamonds (LGDs) prices crashed by 45% in FY24 due to overproduction in global markets. Indian LGD exports dropped by 18.2%...
Lab-grown diamond exports expected to grow by 7-9% in FY25: ReportThe Lab-grown Diamonds (LGDs) exports are set to rebound in FY25, with an expected growth of 7-9% to reach around US$1500-1530 million, as ...
Lab-made diamonds grow on buyers this Dhanteras-DiwaliLab-grown diamonds, which emerged as a new category and an alternative to the pricier natural diamonds, became more popular in this year's ...
Romancing the stone, and not breaking the bank: Why diamonds are a good deal this festive seasonSix months ago, a 1-carat LGD ring at the retail level was priced at ₹2 lakh. But now it costs ₹80,000-₹1 lakh. Similarly, a 1-carat natura...
Lab-grown diamonds set to catch festive sparkleEven high-net-worth individuals (HNIs) have taken a shine to lab-grown diamonds, which earlier attracted mainly the 18-35 age group that co...
Lab-grown diamonds to be 10% of total polished exports in three years: ICRALab-grown diamonds (LGD) have witnessed a sparkling rise over the last three years and accounted for 7.5% of the total polished diamond exp...
India set to become a major hub of lab-grown diamondsIndia accounts for about a quarter of the estimated global laboratory-grown diamonds output of 6 to 7 million carats.
Expert take: Why loss given default is a better measure of banking stressA high GNPA ratio is an indicator of the deficiencies in loan approval and underwriting.