In spite of an 8.76% dip in cut and polished diamond exports during April-November 2025, GJEPC remains optimistic about India’s export performance in 2026. The Council is looking forward to the BTA with the US, and should that take longer than expected, it will take all necessary measures in coordination with the government and stakeholders to support exports, and ensure continued growth, says Sabyasachi Ray, Executive Director, GJEPC, in a conversation with Suneeta Kaul.

The Flemish Government approved a policy effective January 1 2026 allowing Antwerp diamond companies to hire foreign polishers and sorters through faster permits to meet rising demand driven by the US duty advantage.

The recent imposition of steep tariffs by the Trump administration on diamonds imported from India has sent ripples across the US diamond jewellery sector. India being the primary supplier of polished diamonds to America, the world’s largest consumer market, the tariffs have caused supply chain disruptions, and are likely to lead to rising product costs. Prices are expected to go up, once the existing inventory depletes, unless a deal is reached between the US and India. Suneeta Kaul speaks with Paul Zimnisky, renowned diamond industry analyst, to gain insights into the fallout of the tariffs, and how they are reshaping buying behaviour and pricing strategies in the US.

GJEPC has announced its newly elected Committee of Administration members for 2025, strengthening representation across key jewellery sectors including diamonds, silver, gold, studded jewellery, lab-grown diamonds, and regional leadership.

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.

Contemporary jewellery brand Nistra has unveiled a specially curated collection of sterling silver jewellery to celebrate Raksha Bandhan, offering a modern and meaningful way to honour the deep bond between siblings.

The India Bullion & Jewellers Association (IBJA) has urged the Bureau of Indian Standards (BIS) to implement mandatory self-hallmarking for silver products by jewellers, rather than relying on external hallmarking agencies.

Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.

The U.S. government's decision to impose a 27% reciprocal tariff on Indian gem and jewellery exports has raised concerns within the industry. The Gem & Jewellery Export Promotion Council (GJEPC) warns that this move could disrupt trade flows, burden exporters, and reshape global supply chains. While urging the U.S. to uphold its strong trade ties with India, GJEPC calls for a Bilateral Trade Agreement to mitigate the impact and ensure long-term stability for the sector

The Gem & Jewellery Export Promotion Council (GJEPC), India’s premier trade body for the gem and jewellery industry, has appointed Kirit Bhansali as Chairman and Shaunak Parikh as Vice Chairman following the completion of the COA Election 2024

The Gem and Jewellery Export Promotion Council (GJEPC) has announced its Committee of Administration (CoA) election results, across diamond, coloured gemstone, and gold jewellery panels. The newly elected members will guide policies and initiatives to strengthen India’s gem and jewellery export sector

The Gem & Jewellery Export Promotion Council (GJEPC) is optimistic about a recovery in diamond exports despite recent declines

The Indian gems and jewellery industry has called on the government to reduce the Goods and Services Tax (GST) to 1% in the upcoming Union Budget

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