Gemfields reported improved loss metrics for FY2025 despite operational disruptions at Montepuez and Kagem, with auction revenues at $ 129 million and focus shifting to stabilization and deleveraging in 2026.

The EU-India FTA offers a significant boost to India’s gems and jewellery industry through reduced tariffs, easier market access, and improved competitiveness in Europe. The pact is expected to accelerate exports, attract investment, strengthen manufacturing, and reinforce India’s position as a trusted global sourcing hub for premium jewellery, says Suneeta Kaul.

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.

Palmonas’ latest campaign reflects how jewellery marketing is being reworked through narrative-led celebrity use, product-first communication, and lower entry price points, as brands align messaging with everyday consumption habits.

Despite soaring gold prices, steep tariffs and rising crime, US jewellery sales continue to climb in 2025 — driven by resilient consumer demand, strong independents and a smaller but stronger retail base.

The audacious heist at the Louvre in France, targeting a priceless collection of high jewellery, has sent shockwaves across the global luxury industry. Beyond the brazenness of the act, the incident has ignited concerns about security and trust in the world of haute joaillerie.

The gem and jewellery fraternity mourns the loss of Dr. Rajnikant R. Shah, a man whose life embodied integrity, vision, and service.

With the steep Trump tariffs now having come into play, the cutting, polishing, manufacturing and export hubs of India are facing severe problems, with joblessness and unit-closure a distinct possibility. The silver lining is that the GJEPC is hopeful of a solution, particularly in view of the advocacy efforts of its US counterparts, who are also working hard to impress upon the Trump administration that the high tariffs will have a deleterious effect on the US jewellery industry as well. In a free-wheeling conversation with Suneeta Kaul, Kirit Bhansali, Chairman, GJEPC, talks about the impact of the tariffs, the steps being taken to bring about some relief to the industry, its expectation from the government, and more.

Mini Diamonds India Ltd (MDIL) shares rose 2.18% to Rs 185 after the company announced winning a major export order worth Rs 18.29 crore from Hong Kong-based Jewellery Trendz. The order covers lab-grown, cut and polished diamonds and will be executed within three months of confirmation, with payment scheduled within 150 days from the order date.

The Gem & Jewellery Export Promotion Council (GJEPC) met on Friday to address the sharp rise in US tariffs on Indian jewellery, which now stand at 25%–32%, threatening the export segment. Discussions covered the scale of the impact, the need to explore legal and operational intricacies, and long-term strategies to protect the sector.

Kalyan Jewellers India Ltd announced strong financial results for the first quarter of FY26, posting consolidated revenue of Rs. 7,268 crore, marking a 31% increase from Rs. 5,528 crore in the same quarter last year. The company also reported a 49% year-on-year rise in profit after tax (PAT), reaching Rs. 264 crore for the quarter.

In a milestone moment for Indian luxury, Zoya, the fine jewellery atelier from the Tata Group, has launched a limited-edition capsule collection in collaboration with acclaimed British designer and curator Alice Cicolini

Direct-to-consumer jewellery brand GIVA is gearing up to raise Rs. 450 crore in fresh capital as it looks to expand its retail footprint and diversify offerings. The new funding round is being led by Creaegis, which will invest Rs. 235 crore, with participation from existing investors including Premji Invest, Epiq Capital, Edelweiss Discovery Fund, and Usha Dalmia Trust

This Akshaya Tritiya, the festival synonymous with prosperity and new beginnings, leading jewellery brands are launching meaningful collections, including spiritually-inspired creations; besides there are irresistible offers that go beyond just luxury, finds out Priyanka Talreja Garegrat