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DIAMOND CONSUMPTION DECLINE
PM Modi doesn't want you to buy gold for next 1 year. A bigger crash on the cards?Prime Minister Modi urged Indians to avoid buying gold for a year, a move seen as an attempt to protect foreign exchange reserves amidst gl...12 May, 2026, 10.14 AM IST- Jewellery stocks tank up to 9% on PM Modi's remarkGold jewellery stocks plummeted after Prime Minister Modi urged citizens to avoid gold purchases for a year to conserve foreign exchange. W...12 May, 2026, 06.07 AM IST
- Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...01 May, 2026, 04.00 AM IST
- Lusting for lasting in instant age: Why consumers are choosing forever over fastToday's consumers are embracing a more sustainable mindset, steering clear of throwaway items in favor of possessions that stand the test o...23 Apr, 2026, 11.32 PM IST
- India’s natural diamond polishing industry set to lose 28-30% of revenues on US tariffs: CrisilIndia's natural diamond polishing industry is bracing for a significant revenue drop of 28-30%, potentially hitting a low not seen since 20...28 Aug, 2025, 07.35 PM IST
- Export of natural diamonds may see turnaround as China reignites demandIndian diamond exporters anticipate a resurgence in Chinese demand following a three-year decline, fueled by major retailers launching diam...17 Jun, 2025, 12.39 AM IST
- Indian diamond exports hit by slump in Chinese demand, HMPV concerns add to uncertaintyIndian diamond trade's promotion of natural diamonds in China, in collaboration with Chow Tai Fook and De Beers, has not boosted sales. Dia...07 Jan, 2025, 05.15 PM IST
- Export of gems and jewellery drops over 18% in August amid global consumption slowdownIndia's gem & jewellery exports in August fell by 18.79% to USD 2012.51 million compared to last year. The decline is due to global consump...23 Sep, 2024, 11.48 PM IST
- 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 ...06 May, 2024, 02.52 PM IST
- Diamond industry plans to cut bank financing by a thirdIndia's diamond industry plans to reduce its bank financing requirements by a third, targeting $4 billion for the current fiscal year, down...03 Nov, 2023, 12.21 AM IST
- Diamond industry plans to cut bank financing by 33% this FYIndia's diamond industry plans to reduce its bank financing needs for the current financial year to $4 billion, down from $6 billion in the...02 Nov, 2023, 04.05 PM IST
- GJC against ban on import of rough diamondThe All India Gem and Jewellery Domestic Council (GJC) is against banning the import of rough natural diamonds until December 15, as it cou...10 Oct, 2023, 04.16 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
- Diamantaires hike wages up to 10% to woo migrantsThough the decline in production has helped the industry maintain steady prices of polished diamonds, they fear as demand increases in the ...01 Jul, 2021, 11.40 PM IST
- Despite recovery signs, gem & jewellery exports may dip 2-5%There will be some recovery in demand in fourth quarter.22 Jan, 2020, 08.49 AM IST
- India's gem & jewellery exports may recover in remaining months of FY19The US accounts for half of India’s gem and jewellery exports and the industry is upbeat due to increasing economic growth, employment rate...10 Dec, 2018, 08.02 AM IST
- Certified polished diamond prices slip 2.1% in JulyCertified polished diamond prices in the world market fell in July following downtrend in Indian jewellery market.06 Aug, 2013, 05.30 PM IST
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