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MILLENNIALS AND DIAMONDS
For Gen Z diamonds are a personal style statement, not something they can tuck awayAs Millennials and Gen Z redefine luxury consumption in India, the natural diamond industry is evolving to meet their demand for individual...- Speaking diamond: A buyer’s glossary for India’s new disclosure eraIndia's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust...
- Demand for cruises appears undimmed despite hantavirus and other onboard outbreaksDespite recent hantavirus and norovirus outbreaks on cruise ships, industry experts anticipate a record number of passengers this year. Man...
- Co-Founder of a popular $3 billion makeup brand renounces fortune to become a Catholic priestScott-Vincent Borba, co-founder of e.l.f. Cosmetics, found immense wealth and fame but felt empty. He is now giving away his fortune, inclu...
- Pennsylvania woman grieving deaths of son and father finds rare 3.09-carat diamond during visit to Arkansas ParkGrieving Keshia Smith found a 3.09-carat diamond at Arkansas's Crater of Diamonds State Park, a unique public site where visitors can keep ...
- Akshaya Tritiya sees 30% volume drop in gold buying amid price spikeGold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stay...
- Akshaya Tritiya 2026 date and time: Check city-wise muhurat timings for gold buyingAkshaya Tritiya, a festival believed to bring wealth, sees a surge in gold purchases, with demand often rising a week prior. This year, the...
- 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...
- India's natural diamond market may reach Rs 1.5 lakh cr by 2030: De Beers reportThe market for natural diamond jewellery in India is on the brink of a remarkable transformation, anticipated to soar to Rs 1,50,000 crore ...
- Are Natural Diamonds Worth Investing In?
- Diamond jewellery to get friendlier with duty cutsPrices of other gemstone-studded jewellery, too, are expected to come down due to a proposed duty cut on polished natural gemstones.
- Demand for lab-grown diamonds picks up in IndiaExport of lab-grown diamonds in April-June shot up to Rs 1,918.63 crore from Rs 295.23 crore a year ago. While the US and UK are the major ...
- This could be the best time to buy diamonds as lower prices are not foreverPrice has fallen in the small diamond category which has huge demand among middle-class Indians. This is because of a weakness in global de...
- Budget impact: Surat is witnessing a sudden rush for setting up laboratory-grown diamond units“The hike in duty will bring down imports, and manufacturing of diamonds through chemical vapour deposition (CVD) technology will increase....
- Indian diamond retailers say sales are steadily increasing, led by millennialsDe Beers India said its sales in January this year were 14% higher than that in the year-ago month. Malabar Gold & Diamonds and NAC Jewelle...
- Diamonds to get dearer, thanks to millennials' solitaire-driven demandOnce the travel restrictions were eased and online transactions picked up simultaneously, exports of diamond from India picked up. Also, do...
- Jewellers roll out EMI options as diamond demand picks upMarket sentiments have improved substantially since Durga Puja and Navratri, trade insiders said. People are doing advance bookings of jewe...
- Loved Deepika Padukone's diamond mangalsutra? Light-weight jewellery is the new trendThe actress' simple yet elegant mangalsutra with solitaire in the middle may be around Rs 20 lakh.
- Consumption of diamond jewellery falls 4 per cent in one year“In the four leading markets — the US, China, India and Japan —millennials spent nearly $26 billion on diamond jewellery last year.” Gareth...
- Diamond makers, De beers, Rio look to strengthen advertising to pitch gems to the youngWhat makes a diamond valuable? History shows a slick marketing team and a killer tagline help. Demand for jewelry rose just 1.9 pc from 200...
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