Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...

A significant grant supports lab-grown diamond research at IIT Madras. The Finance Minister inaugurated a new jewellery institute in Udupi....

Union Finance Minister Nirmala Sitharaman inaugurated the Indian Institute of Gems and Jewellery in Udupi. The centre provides professional...

As the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities

US tariffs on diamonds, escalating from 10% to 50% since April, have led to approximately 100,000 job losses in Saurashtra's diamond cuttin...

World Diamond Council requests US government to exclude natural diamonds from tariffs. The council warns of potential job losses and econom...

India's diamond polishing hub in Surat faces significant challenges as the U.S. imposes a 27% tariff on gem and jewellery exports, jeopardi...

Surat's diamond business is in crisis due to declining global demand and competition from lab-grown diamonds. Workers face job losses and r...

India's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory clo...

In June, Prime Minister Narendra Modi had gifted an eco-friendly lab-grown diamond to the US first lady Jill Biden during his US visit.

Surat, the main centre of India's diamond industry, offers employment to some 800,000 workers in its 4,000-odd cutting and polishing units....

Diamond Workers’ Union (DWU), registered with labour department in Gujarat, has begun to enroll diamond workers as members in a five-month ...

The supply to a job worker doesn't attract any GST, but there's a 5% levy on labour for precious stones.

This comes days after the GST Council created a separate, 3% slab for precious metals and diamonds, giving into industry demands for a lowe...

We will spend a lot of money along with retailers and polished diamond producers on marketing to drive demand for this special stone.

RBI taskforce has stressed on helping displaced workers by extending soft loans with elongated repayment cycle and creation of education fu...

The world’s largest, employing more than 4 lakh workers - are now taking extra efforts to regulate workers so as to minimise attrition whic...