The Gem & Jewellery Export Promotion Council has sought regulatory relief from the Reserve Bank of India, citing liquidity constraints, extended payment cycles and financing challenges affecting India’s export-oriented gem and jewellery sector.

Bharat Diamond Bourse organized a blood donation drive on June 17 in Mumbai, collecting 801 units in partnership with five hospitals and blood banks to address an urgent citywide shortage.

The World Gold Council’s 2026 Central Bank Gold Reserves Survey finds most respondents expect global gold holdings to rise over the next year amid geopolitical and economic uncertainty.

India’s gem and jewellery exports totalled $4.27 billion in April-May 2026, while GJEPC urged the government to address gold supply constraints and regulatory issues affecting export manufacturing.

Gemfields sold 183,385 carats of higher-quality rough emeralds in Bangkok and online during May 2026, citing stable demand, cautious buying sentiment and macroeconomic pressures affecting coloured gemstone trading.

As India raises gold import duty to 15%, leading jewellery players and trade bodies support gold conservation measures while warning of liquidity pressure, export challenges and rising risks to MSMEs.

India's listed jewellers have posted their best March quarter on record. Strip out a 79% rise in the gold price, and a quieter, more uncomfortable picture emerges — one the unorganized trade and several regional listings have already started to live with.

Limelight Lab Grown Diamonds launched its first Gorakhpur store in April 2026, expanding Uttar Pradesh presence to seven stores, targeting rising demand for lab grown diamond jewellery in emerging markets.

At IFSCA’s Global Securities Markets Conclave in Mumbai, Artha Bharat Investment Managers said GIFT City could become a global gold fund hub if digital access is supported by legal enforceability and regulatory oversight.

India’s Ministry of Home Affairs has issued a standard operating procedure governing bank account freezes in cybercrime investigations, offering relief to Surat’s diamond industry after multiple firms faced sudden account suspensions.

Gold and silver exchange-traded funds declined up to 4% in India after crude oil prices surged and the US dollar strengthened, dampening bullion sentiment and delaying expectations of global interest-rate cuts.

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.

India’s Economic Survey FY25–26 outlines how the gems and jewellery sector shaped exports, gold imports, inflation and lending, highlighting diversification gains and rising macro pressures for policymakers and industry.

IIJS Bharat – Signature 2026 concluded in Mumbai on January 15, recording an estimated ?75,000 crore in business, driven by strong domestic buying, international participation, and focused sourcing across categories.