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DUTY CUT ON DIAMONDS
Diamonds shine as gold buyers adapt to price volatilityAs Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya bra...- Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
- Titan shares a golden compounder? Why Morgan Stanley thinks Tata Group stock could rally to Rs 5,182Morgan Stanley has named Titan Company its top pick, calling it 'The Golden Compounder'. Recent concerns about regulatory restrictions have...
- 22k gold rate today: Check 24k, 22k, 18k gold prices (May 16, 2026) on Malabar Gold & Diamonds, Joyalukkas, Tanishq, Kalyan Jewellers and IBJAGold and silver prices saw a dip on Saturday, May 16, 2026. This followed a volatile week where rates fluctuated sharply. Factors like risi...
- 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...
- India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
- India’s booming Dubai gold trade may be built on someone else’s minesPolicymakers in India are increasingly worried about the surge in gold imports, especially following the beneficial India-UAE trade deal th...
- India introduces Diamond Imprest Authorization Scheme to boost exportsThe Diamond Imprest Authorization (DIA) Scheme, effective April 1, 2025, allows duty-free import of natural cut and polished diamonds under...
- 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.
- Jewellery prices set to come down with govt reducing import duty on cut and polished diamondsSimultaneously, the move will also increase exports of diamond studded jewellery India. Exports of gem and jewellery from India have alread...
- Government proposes reduction in import duty on cut & polished diamonds & gemstones to 5 per centPresenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will facilitate export of jewellery throu...
- Diamond traders urge FM Sitharaman to slash import duty on cut and polished diamondsDuty on polished diamonds was raised to 7.5% in September 2018. This includes duty on diamonds exported and then reimported. “The duty shou...
- Diamantaires weigh shifting manufacturing units abroad as high import duties hit hardColin Shah, vice-chairman of Gem & Jewellery Export Promotion Council, told, “The high import duty of 7.5% on both cut and polished diamond...
- One lakh Surat diamond workers may lose jobsAround five lakh people are engaged in diamond trade in the country, according to industry estimates.
- Higher duties to boost gold trade but take sheen off polished diamondsA mixed reaction followed the government’s decision to raise the import duty on cut and polished diamonds to 7.5% from 5% and that on gold ...
- Budget 2014: Gem and jewellery industry show mixed responseThe gem and jewellery industry is upset over finance minister Arun Jaitley’s decision to continue with 10% import duty on gold in the budge...
- Budget 2014: Government rationalises duty on all diamonds at 2.5 per cent"To encourage exports, pre-forms of precious and semi- precious stones are being fully exempted from basic customs duty," Jaitley said.
- Duty-free reimport of graded small diamonds allowedAccepting a major demand of domestic industry, the government today allowed export of small sized cut and polished diamonds for certificati...
- Government exempts customs duty on re-import of polished diamondsGovernment exempted the re-import of cut and polished diamonds sent for certification or grading abroad from the 2 per cent basic customs d...
- Diamonds, stones to grab further share in jewellery mktDiamonds and gemstones jewellery are set to grab a greater market share from plain gold and silver ornaments with prices likely to come dow...
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