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.
Ranbir Kapoor named brand ambassador for PNG Jewellers
PNG Jewellers appointed Ranbir Kapoor as brand ambassador in January 2026 in Pune to support national expansion by increasing visibility and reinforcing brand trust through endorsements and brand-led initiatives across markets.
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.
African nations express concern about India taking on as 2026 Chair of Kimberley Process
Concerns have emerged among African diamond-producing countries over India’s 2026 Kimberley Process chairmanship, following unresolved reform debates and procedural outcomes after the November 2025 plenary in Dubai.
Khimji Jewellers Appoints Rajat Verma as Chief Marketing Officer
Khimji Jewellers has appointed Rajat Verma as Chief Marketing Officer to oversee brand strategy, marketing operations and support retail expansion initiatives as part of the company’s leadership team in India.
GJEPC Welcomes India as Kimberley Process Chair for 2026
GJEPC welcomes India’s election as Kimberley Process Chair for 2026, effective January 1, following December 2025 consensus approval, reinforcing India’s role in governing global rough diamond trade.
Rahul Desai Appointed Honorary Education Director of the Lab-Grown Diamond & Jewellery Promotion Council (LGDJPC)
In a move aimed at strengthening education and transparency within the evolving diamond industry, the Lab-Grown Diamond & Jewellery Promotion Council (LGDJPC) has appointed Rahul Desai, Managing Director and CEO of the International Institute of Gemology (IIG), as its Honorary Education Director.
Amit Pratihari Appointed Managing Director of GIA India Laboratory Pvt. Ltd.
GIA India Laboratory Pvt. Ltd. has appointed industry veteran Amit Pratihari as its new Managing Director, effective October 1, 2025. He will lead the organisation’s gemological laboratories in Mumbai and Surat, along with the GIA India School in Mumbai, bringing over two decades of expertise in retail, brand management, and the diamond industry.
Swarovski Appoints Rashmika Mandanna as Brand Ambassador for India
Austrian luxury house Swarovski has announced actor Rashmika Mandanna as its new Brand Ambassador for India, a move that underscores the brand’s growing focus on one of its fastest-expanding markets.
Over 1.4 Tons of Brazilian Rough Emeralds Set for Auction in Antwerp This September
In a landmark event for the global gemstone industry, over 1.4 tons of rough Brazilian emeralds will be auctioned in Antwerp this September. Hosted by international auction house Auctim.com, the sale is expected to draw significant international interest from gem traders, manufacturers, and collectors.
Zoya Unveils Groundbreaking Collaboration with Alice Cicolini, Marking a First for Indian Luxury Jewellery
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
Pritesh Patel Appointed as President and CEO of GIA
The Gemological Institute of America (GIA) has announced the appointment of Pritesh Patel as its next President and Chief Executive Officer, effective August 4, 2025. Patel, who currently serves as GIA’s Chief Operating Officer, will take over the role from Susan M. Jacques, who will retire at the end of this year after more than a decade in the leadership position
Anoop Mehta Joins IGI as Chairman and Independent Director
Veteran Diamond Industry Leader to Steer IGI’s Next Chapter
Candere Appoints Shah Rukh Khan as Brand Ambassador to Drive National Expansion
Move strengthens brand's positioning in India's dynamic lifestyle jewellery market
All India Gem & Jewellery Domestic Council (GJC) Announces New Leadership
The All India Gem & Jewellery Domestic Council (GJC), the apex body representing the Indian gem and jewellery industry, has announced its new leadership for the term 2025-26

