US tariff relief to lift diamond sector growth to 6-7%Crisil Ratings expects Indian diamond polishers’ revenue to grow 6–7% to $15–15.5 billion in FY27, supported by the removal of the 25% US t...
13 Mar, 2026, 12.07 PM IST
US tariff relief boosts export hopes; Apparel steady, diamonds under pressure: ICRAUS tariff reductions are boosting Indian apparel exports. The outlook for this sector has improved to stable. However, the cut and polished...
11 Feb, 2026, 02.55 PM IST
Russia's diamond miner ALROSA sees India as a key partnerALROSA is the world’s largest diamond mining company. It accounts for over 30% of the global diamond output. Our reserves exceed 40% of the...
12 Dec, 2025, 02.08 PM IST
Gem & jewellery trade industry urges FM Sitharaman for domestic sales, loan relief amid US tariff impactThe gem and jewellery industry has urged Finance Minister Nirmala Sitharaman to allow SEZ units, including Mumbai's SEEPZ, to produce for t...
24 Sep, 2025, 07.36 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
'US will remain dependent on India,' Surat Diamond Traders confidant of riding out Trump Tariff effectsThe US tariffs of 50% on Indian imports have commenced, potentially impacting Surat's diamond industry, though stakeholders anticipate only...
28 Aug, 2025, 01.17 PM IST
US tariffs leave a deep cut in India's diamond industryUS tariffs on diamonds, escalating from 10% to 50% since April, have led to approximately 100,000 job losses in Saurashtra's diamond cuttin...
12 Aug, 2025, 12.27 AM IST
De Beers pushes for zero-tariff entry of cut and polished Indian diamonds into USDe Beers is collaborating with the Indian government to eliminate tariffs on diamonds entering the U.S. after being processed in India, aim...
23 May, 2025, 03.17 PM IST
Diamond jewellery demand in India likely to double by 2030, says De Beers Group CEODe Beers anticipates a doubling of diamond jewelry consumption in India by 2030, driven by the nation's emergence as the second-largest mar...
22 May, 2025, 09.56 PM IST
World Diamond Council urges US to exempt natural diamonds from tariffsWorld Diamond Council requests US government to exclude natural diamonds from tariffs. The council warns of potential job losses and econom...
06 May, 2025, 02.12 AM IST
US tariffs to erode Indian diamond export revenues, warns CrisilIndian diamantaires face challenges as a 10% US tariff on natural diamond imports threatens export revenues, potentially declining by 8-10%...
29 Apr, 2025, 01.24 PM IST
Mumbai Customs clears US-bound shipment of cut and polished diamonds worth $319.9 millionMumbai saw a surge in diamond exports to the US before new tariffs. The industry fears trouble after April 9. Martin Rapaport advised again...
07 Apr, 2025, 10.02 PM IST
GJEPC seeks government support to promote diamond exports and protect jobsThe Gem & Jewellery Export Promotion Council (GJEPC) is seeking government support to promote natural diamonds in international markets to ...
28 Dec, 2024, 12.18 PM IST
India's jewellers focus on exporting silver as demand for diamonds dropsDemand for silver jewellery more than doubled in FY20, while sales of lab-grown diamonds overseas surged 88%: By contrast, exports of polis...
28 Jun, 2020, 07.06 PM IST
August gems & jewellery exports dive on protests in HK, tariff warIn the five months of FY20, exports declined 6 per cent to Rs 1.07 lakh crore.
13 Sep, 2019, 09.27 AM IST
Diamond exporters losers in trade warThe overall drop in gem and jewellery exports is 6.67 per cent in the first four months of FY20.
09 Aug, 2019, 09.29 AM IST
No decision to review MFN status to Pakistan: GovernmentShe said under the General Agreement on tariffs and trade, every WTO member country has to accord MFN status to all other member nations.
23 Nov, 2016, 04.16 PM IST