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Key Highlights In a significant achievement for India’s diamond industry, Mehul Shah, Vice President of Bharat Diamond Bourse (BDB), has been elected President of the World Federation of Diamond Bourses (WFDB) during the ongoing World Diamond Congress in Singapore. The election marks a major milestone for the Indian diamond sector, placing an Indian industry leader…
Key Highlights Bollywood actor Aamir Khan has once again highlighted the appeal of rare natural gemstones, choosing a bespoke Madagascar ruby wedding ring crafted by luxury jewellery brand QWEEN for his marriage to Gauri Spratt. Unlike celebrity weddings known for grandeur and extravagance, the couple opted for an intimate ceremony at Aamir Khan’s Bandra residence,…
Key Highlights With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, the Gem & Jewellery Export Promotion Council (GJEPC) has inaugurated the second edition of the India–UK Buyer-Seller Meet (BSM) in London, bringing together 20 leading Indian gem and jewellery manufacturers and prominent UK buyers for two days…
Key Highlights Bharat Diamond Bourse (BDB) has strengthened its engagement with Italy’s diamond and jewellery industry following a high-level meeting with H.E. Mr. Walter Ferrara, Consul General of Italy in Mumbai. The discussions focused on enhancing bilateral trade, improving ease of doing business and identifying policy reforms that could further strengthen commercial ties between the…
Key Highlights India’s lab-grown diamond jewellery sector received a significant boost as Limelight Diamonds announced the successful completion of a ₹275 crore strategic funding round. The investment will support the company’s plans to strengthen manufacturing capabilities, expand its retail footprint and enhance product innovation as it accelerates growth across the country. The funding round was…
Key Highlights After witnessing record-breaking highs in the first half of 2026, India’s bullion market has entered a phase of correction, offering cautious optimism for the jewellery industry ahead of the festive and wedding season. According to the All India Gem & Jewellery Domestic Council (GJC), while gold and silver prices remain at historically elevated…
Key Highlights Reinforcing the importance of industry-academia collaboration, Gemological Science International (GSI) has expanded its partnership with Dr. Homi Bhabha State University through an internship programme that provides chemistry students with practical exposure to advanced gemological laboratories and scientific instrumentation. The initiative enables students to bridge classroom learning with real-world laboratory practices by working alongside…
Key Highlights Demonstrating the power of collective social responsibility, Bharat Diamond Bourse (BDB) achieved a historic milestone by collecting a record-breaking 801 units of blood during a single-day blood donation drive held within the Bourse premises on 17 June 2026. The initiative was organised in response to an urgent appeal from leading hospitals and blood…
Key Highlights India’s export ecosystem received a significant boost with the inauguration of the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai. The new facility is expected to streamline customs operations, enhance logistics efficiency and strengthen trade facilitation for exporters operating from one of the country’s most important export zones. The Customs Export-Import…
Key Export Highlights India’s gem and jewellery exports stood at US$4.27 billion (₹40,398.97 crore) during April and May 2026, according to data released by the Gem & Jewellery Export Promotion Council (GJEPC). While exports declined by 6.03% in dollar terms compared to the same period last year, they recorded a growth of 3.99% in rupee…
Key Takeaways In a significant policy development for India’s gem and jewellery export industry, the International Financial Services Centres Authority (IFSCA) has expanded access to bullion imports through the India International Bullion Exchange (IIBX), allowing eligible Gem & Jewellery Export Promotion Council (GJEPC) Registration-Cum-Membership Certificate (RCMC) holders to import gold and silver via the exchange.…
If you’ve ever heard the phrase ‘cardinal gems’ and wondered what this means, now’s your chance to find out. Gem-A Gemmology Tutor Pat Daly breaks down this historic term and explains how the concept has stood the test of time. The term ‘cardinal gems’ may be used to spotlight five stones – diamond, ruby, sapphire,…
Key Highlights India’s gems and jewellery industry marked a significant trade milestone on Thursday with the dispatch of the first gold jewellery shipment from Kolkata to Oman under the newly implemented India-Oman Comprehensive Economic Partnership Agreement (CEPA), opening a new duty-free export corridor for Indian jewellery manufacturers. The maiden consignment was exported by Kolkata-based jewellery…
Nothing is more universal and timeless than pearls. Wander through any major art museum and you’ll find them on everyone from maharajahs to lowly servants. There’s Rembrandt’s “Weighing of Pearls,” Vermeer’s “Girl with a Pearl Earring”—which inspired a Hollywood movie—and nary a portrait of Queen Elizabeth where she isn’t dripping with them. Leonardo da Vinci even had his own recipe for making a small pearl into a large fake, according to Promethean Ambitions: Alchemy and the Quest to Perfect…
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