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.

In a major consumer protection move, the Indian government has extended its hallmarking mandate to cover 9-karat gold jewellery, effective July 2025. Previously, hallmarking requirements only applied to gold pieces of 14K, 18K, and 22K standard.

In a major step to simplify and accelerate the export of high-value shipments, the Gem & Jewellery Export Promotion Council (GJEPC), in partnership with Mumbai Customs, has inaugurated a state-of-the-art Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2

Titan Company, one of India's leading jewellers and the owner of Tanishq and CaratLane, anticipates higher costs for leasing gold from bullion banks as supply dwindles. The company attributes this trend to bullion banks redirecting gold shipments to the U.S. for better profits, creating supply constraints elsewhere

The Indian government has announced revised wastage norms for the export of gold, silver, and platinum jewellery, set to take effect on January 1, 2025

In a significant policy shift aimed at addressing both consumer demand and safety concerns, the Indian government is set to make hallmarking of 9-karat (KT) gold jewellery mandatory

The Indian government has proposed revised guidelines for permissible wastage limits in the export of gold, silver, and platinum jewellery

The Indian government is pushing for revisions to the India-UAE Free Trade Agreement, following recommendations from the Global Trade Research Initiative (GTRI) to withdraw duty concessions on precious metals and jewellery

The Indian gold jewellery industry is poised for significant growth in the financial year 2025 (FY25), with revenue expected to increase by 13-15%, according to a report by ICRA

The Indian Government has increased the customs duty on imports of gold alloys under the Comprehensive Economic Partnership Agreement (CEPA) with the UAE, aiming to close a loophole exploited by bullion dealers that led to significant market distortions and revenue loss

The Indian government is expected to increase the Goods and Services Tax (GST) rate on gold and silver from 3% to 5%. This anticipated hike follows recent reductions in the basic customs duty, as outlined in the latest Budget

Jewellery stocks continued their upward momentum for a second straight day on Wednesday as investors responded positively to the reduced customs duties

The Bureau of Indian Standards (BIS) has intensified its crackdown on jewellers who fail to display the Hallmark Unique Identification (HUID) number on gold ornaments, as mandated by a 2023 regulation

Commerce ministry decides to extend RoDTEP scheme benefits to SEZ units