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DIAMOND SECTOR CRISIS
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
Gold vs silver: Where to put Rs 1 lakh today? Experts suggest allocation strategy as gold-silver ratio drops below 55An ideal allocation between gold and silver should depend on an individual’s risk appetite, financial goals and investment goals, Guha unde...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
Narendra Solanki sees limited IT growth, bets on rural and pharma playsInvestors are becoming selective, focusing on earnings visibility and strong balance sheets. Opportunities are emerging in sectors like IT,...
Several measures announced to cushion exporters from Gulf conflict impact: DGFTIndia is taking steps to help exporters facing challenges due to the Gulf conflict. Key sectors like gems, jewellery, rice, and pharma are ...
US tariffs likely to moderate India Inc's rating profile in H2 FY26; Iran war span key to outlookIndia Inc's credit profiles face moderation in the second half of FY26 due to US tariffs and the West Asia conflict. Rating agencies antici...
Large export returns, unprocessed inventory hit diamond trade: GTRIThe Global Trade Research Initiative (GTRI) reports a significant drop in India's diamond sector, with a 24.5% decline in rough diamond imp...
Job losses, factory closures haunt India's diamond sector as trade shine fadesIndia's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory clo...
A diamond is forever. Even lab-grown diamonds?As a growing number of consumers choose lab grown diamonds and a growing number of leading jewelers start using lab grown, the question is ...
No hackney diamonds, value up the glimmerStuck in the middle of the value chain, the Indian industry has to fight fires at both ends - depressed prices on oversupply and weak deman...
Rough diamond import may be curtailed as pandemic stalls tradeIndia’s gross import of rough diamonds had declined by 13.43% to $12.39 billion between April 2019 and February 2020 from a year earlier.
India shining for diamond industry: De BeersDe Beers, the world's largest diamond miner, sees the industry's biggest opportunity in India, with its burgeoning economy and emerging mid...
- FTP meets the demands of gems & jewellery exporters
The $27-billion Indian gems & jewellery sector, which had a torrid time after the financial crisis broke out, has most of its wishes fulfil...
- Modi refuses sops to diamond industry
The captains of the troubled diamond industry looking for a bailout package were coldly reminded of their responsibility towards their work...
'India, China still have good demand for diamonds'Diamond industry has hope even though the slowdown world over is clobbering businesse. While the effects can be seen temporarily through lo...
- Belgium's most potent weapon in trade armoury
Diamonds are a girl’s best friend, and they are also Belgium’s most potent weapon in the trade armoury.