GSI is helping the industry become more transparent and future-ready: Ramit Kapur, MD, GSI
The objective of Gemological Science International (GSI) is not just to issue reports, but to help the trade build credibility with its customers through transparent and consistent certification, and ensure that certification, testing and education remain aligned with how the jewellery business is actually conducted on the ground, says Ramit Kapur, Managing Director, GSI, in a conversation with Dhwani Rathod.
IGI acquires American Gemological Laboratories in coloured gemstone certification expansion
IGI acquired American Gemological Laboratories on January 31, 2026, in New York and Mumbai to expand coloured gemstone certification, linking US and India markets through a combined global platform.
GIA Announces New Colored Stone Reports and Expanded Origin Services Effective January 2026
GIA will introduce redesigned colored stone reports and extend origin-determination services from January 1, 2026, offering updated categories, fees and broader geographic sourcing data for additional gem materials.
Gargi by P.N. Gadgil and Sons Marks Four Years, Reports Q2 FY25-26 Performance
Gargi by P.N. Gadgil and Sons marked its four-year milestone in Pune on December 1 2025, outlining growth plans after reporting Q2 FY25-26 sales, profits and continued national retail expansion.
IIGJ Lab Updates Ruby Treatment Descriptions to Align with Global Gemmology Standards
IIGJ Lab, a GJEPC initiative, has revised its ruby treatment terminology to match leading global gemmological practices, simplifying clarity-enhancement descriptions and strengthening transparency for gemstone manufacturers, traders, and retailers across India.
PNGS Gargi Fashion Jewellery Posts Strong Q1 FY26 Results with 20.4% Surge in Sales
PNGS Gargi Fashion Jewellery Ltd posted strong results for the first quarter of FY26, with sales rising 20.4% year-on-year to Rs. 27.31 crore. Net profit also grew 29.3% to Rs. 5.31 crore, up from Rs. 4.11 crore in the previous quarter
Gold Crosses Rs. 1 Lakh Mark per 10 Grams, But Jewellers Worry Over Slow Festive Demand
Gold prices in India surged past Rs. 1 lakh per 10 grams this week, raising concerns among jewellers just ahead of the crucial Raksha Bandhan and Diwali season
PC Jeweller Announces Fundraising Plan Following Strong Revenue Growth
PC Jeweller is set to raise funds through a preferential allotment as part of its ongoing efforts to strengthen its financial footing. The move comes on the heels of a sharp recovery in business performance, with the company reporting robust revenue growth driven by strong wedding and seasonal demand.
Khazanchi Jewellers Reports 145% Surge in H2FY25 Revenues, Net Profit Rises 115%
Khazanchi Jewellers Limited, a prominent name in India’s jewellery retail landscape, has announced stellar financial results for the second half and full year of FY25, reporting a sharp surge in revenues and profits. Backed by strong festive demand, digital innovation, and expansion into new markets, the Chennai-based company has emerged as a key player in the evolving jewellery sector
Gargi by P. N. Gadgil & Sons Closes FY25 with Rs. 126.3 Cr Revenue, Net Profit Jumps 240%; Board Clears Rs. 15 Cr Fundraise
Gargi by P. N. Gadgil & Sons has ended FY25 on a strong financial footing, reporting over 2.5x growth in revenue and a sharp jump in profitability. With a strategic shift to a more scalable franchise-led model and an expanding retail footprint, the jewellery brand is positioning itself for long-term growth. The company has also announced plans to raise Rs. 15 crore to support its next phase of expansion
Gold Hallmarking Initiative Sees Significant Growth in 2024, Boosting Consumer Confidence: Department of Consumer Affairs
The Department of Consumer Affairs (DCA) has marked 2024 as a milestone year for its gold hallmarking initiative, reporting significant progress in ensuring the authenticity and quality of gold jewellery across India
Titan Reports 23% Drop in Q2 Profit Amid Gold Import Tax Cut
Titan reported a 23% decline in its Q2 profit due to inventory losses and shrinking margins, attributed to the reduction in customs duty on gold imports. Despite this, the company saw strong growth in its jewellery and watches segments
PNG Jewellers Sees Surge in Footfall and Strong Diwali Sales as Festive Week Begins
With Diwali just around the corner, PNG Jewellers has seen a significant rise in store traffic and strong sales driven by both festive and wedding season purchases
India's Gold Market Sees Surge in Demand After Import Duty Cut
India’s gold market is witnessing a significant boost in demand following a major reduction in import duties
Drop in Gold Prices Boosts Jewellery Sales in Tiruchi
The jewellery market in Tiruchi is experiencing a surge in activity following a reduction in the basic customs duty on gold, silver, and platinum. The Union Budget's cut has lowered the customs duty on gold and silver to 6% and on platinum to 6.4%, down from the previous rate of 15%

