India–New Zealand FTA Signed; Zero-Duty Access for Gems and Jewellery
India and New Zealand signed a Free Trade Agreement on April 27, 2026, in New Delhi, enabling zero-duty access for Indian jewellery exports and phased tariff concessions on select imports.
Aisshpra Gems & Jewels opens 15th showroom in Gonda
Aisshpra Gems & Jewels launched its 15th showroom on April 10, 2026, in Gonda, Uttar Pradesh, expanding in Tier-2 markets, introducing ‘Jewel Story’, and strengthening its franchise-led retail growth strategy.
Piyush Goyal Unveils Malabar Gold & Diamonds’ Rs 200 Crore CSR Plan for FY27
Piyush Goyal launched Malabar Gold & Diamonds’ Rs 200 crore CSR plan in New Delhi on March 25, 2026, covering education, healthcare, hunger relief, housing and environmental programmes across India.
Discussions at IIJS Tritiya Day II: Sourcing and procurement strategies unchanged, as of now
At IIJS Bharat Tritiya 2026, jewellers report steady raw material sourcing despite global volatility, with cautious sentiment prevailing; the industry, however, is closely monitoring geopolitical risks and pricing pressures, reports Khursheed Mistry.
Gold and Silver ETFs Fall Up to 4% Amid Rising Crude Prices and Stronger Dollar
Gold and silver exchange-traded funds declined up to 4% in India after crude oil prices surged and the US dollar strengthened, dampening bullion sentiment and delaying expectations of global interest-rate cuts.
India–US Interim Trade Framework Reduces Jewellery Duties, Signals Zero-Duty Path for Diamonds
Following the India–US Interim Agreement framework announcement, GJEPC confirms duty reduction on jewellery to 18% and anticipates zero-duty access for diamonds and coloured gemstones in the US market.
India-U.S. Trade Agreement to Bring Relief to Gems & Jewellery Exporters: GJEPC
The GJEPC has welcomed the India-U.S, trade agreement announcement, saying the move could ease tariff pressures and provide much-needed relief to India's gem and jewellery exporters/
Union Budget 2026–27 makes strong push for MSMEs, signals stability and cautious optimism
Union Budget 2026-27 makes a strong push for MSMEs, with a Rs 10,000-crore SME Growth Fund; besides, it enables faster payments via mandatory TReDS for CPSE purchases. Overall, the Budget emphasizes fiscal prudence, infrastructure creation, and ease of doing business. For a sector navigating global uncertainty, shifting consumer preferences, and rising compliance standards, it is stability that the enabler.
GJEPC welcomes zero-duty access under India–EU FTA
GJEPC has responded to the India–EU Free Trade Agreement, stating that zero-duty access for jewellery will support exports, improve competitiveness and help double bilateral gem and jewellery trade within three years.
GJEPC reacts to India-EU Free Trade Agreement
Following the announcement of the India-EU Free Trade Agreement, GJEPC Chairman Kirit Bhansali outlined its expected impact on exports, employment and market diversification for India’s gem and jewellery sector.
GJEPC seeks duty-free access for Indian jewellery in India-EU FTA
Ahead of the 27 January 2026 India-EU Summit in New Delhi, GJEPC has urged the Government of India to secure duty-free EU access for jewellery to expand exports and double bilateral trade.
Silver Hits Historic $100 as Gold Nears $5,000 an Ounce
Silver surged above $100 per ounce for the first time ever, while gold reached record highs near $5,000, driven by strong safe-haven demand and tight physical supplies amid global economic uncertainties.
BIS Notifies New Diamond Terminology Standard
India adopts IS 19469:2025 on January 15, 2026, reserving the term “diamond” exclusively for natural diamonds, mandating clear disclosure for laboratory-grown diamonds to address consumer confusion and standardize trade practices.
Poonam Soni launches Brace-Watch with miniature art by Nawaz Modi Singhania
Poonam Soni launched the Brace-Watch in Mumbai in December 2025, collaborating with artist Nawaz Modi Singhania to introduce a trademarked bracelet-watch format expanding her collectible jewellery portfolio.
BIS Notifies Diamond Disclosure Standard IS 19469:2025
BIS has notified IS 19469:2025 in Mumbai, adopting the ISO diamond disclosure norms, following the GJEPC initiative, to strengthen consumer transparency as India’s diamond jewellery demand expands nationwide.
