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POLISHED DIAMOND IMPORTS
Gems & jewellery exports fall 9% in April to Rs 20952 crIndian gems and jewellery exports saw a dip in April 2026. Geopolitical tensions and cautious buyer sentiment impacted trade. While cut and...
Labour-intensive sectors see steep fall in exports in MarchThe fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, dr...
India gem and jewellery exports rise to ₹2.44 lakh crore in FY26 amid global headwindsIn FY26, India's gem and jewellery sector reported an impressive ₹2,44,827.26 crore in exports, demonstrating a modest growth in rupee term...
Keep shining on us, 'crazy' diamondIndia has secured an extension from the EU until January 1, 2026, for rigorous traceability requirements on polished diamond imports. While...
EU delays polished diamond traceability requirements to January 2026, easing pressure on Indian tradeThe EU delays implementing stringent traceability rules for polished diamond imports to January 2026, easing pressure on the Indian diamond...
Last nail in coffin? Israel-Hamas conflict makes diamond players ask if they should revisit trade strategyThe battle in West Asia in itself would not have worried India’s diamond cutting and polishing units. But it is a blow to an industry alrea...
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.
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...
Import of rough diamonds unlikely to resume soonDue to muted global demand, Indian diamond trade is unlikely to import rough diamonds for a month beginning June 1, as the global demand wi...
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...
Budget doubles import duty on polished diamonds, upsets tradeThe consumption and trading of polished stones is marginal, but 5% is a bit stiff," said Anoop Mehta, president Bharat Diamond Bourse, the ...
Budget doubles import duty on polished diamonds, upsets tradeThe consumption and trading of polished stones is marginal, but 5% is a bit stiff," said Anoop Mehta, president Bharat Diamond Bourse, the ...
Belgium raises issue of 2 percent duty on diamond imports by IndiaBelgium today raised the issue of imposition of 2 per cent duty on imports of polished and cut diamonds by India.
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...
- RBI reduces term of letters of credit opened for import of diamonds
India is the world’s largest polishing centre for rough diamonds. Rough diamonds are imported into the country, cut and polished, to be re-...
- Gems & jewellery exports grow 45.8% to $19b in H1
The country’s second-largest export earner, gems and jewellery, posted a year-on-year growth of 45.84% to $18.9billion in the first half of...
- Rising Indian imports spur Dubai diamond trade
Dubai's total diamond trade rose by 53 per cent last year to reach $11.23 billion, as a result of increased imports from Belgium and India,...