Lalithaa Jewellery Mart IPO Subscribed 69% on Day 1
Lalithaa Jewellery Mart Limited's IPO received 0.69 times subscription on August 17 in Mumbai, with strong anchor investor participation ahead of the issue's August 19 closing.
Senco Gold Q1 revenue rises 67% to Rs 3,056 crore
Senco Gold reported 67% year-on-year revenue growth in Q1 FY27, with retail sales rising 50% and the showroom network expanding to 209 stores by June 2026.
Aukera raises Rs 90 crore to expand laboratory-grown diamond jewellery business
Bengaluru-based laboratory-grown diamond jewellery brand Aukera has secured Rs 90 crore in debt funding led by Alteria Capital to support retail expansion, product development, omnichannel growth and hiring across India.
World Gold Council Expects Rangebound Gold Prices in H2 2026
World Gold Council's Mid-Year Outlook 2026 says gold is likely to trade within a 5% range in H2, with geopolitical risks, central bank demand and India remaining key market drivers.
GJEPC Urges RBI to Ease Banking Norms for Gem and Jewellery Exporters
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.
BDB Collects 801 Units in Single-Day Blood Donation Drive
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.
Central Banks Signal Continued Growth in Gold Reserves: World Gold Council Survey
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 Reach $4.27 Billion in April-May 2026; GJEPC Raises Duty-Free Gold Supply Concerns
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’ May Emerald Auction Generates $ 26.8 Million
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.
Jewellery Industry Backs Gold Conservation Push Amid Duty Hike Concerns
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.
Less Gold, More Money: A Record Quarter By Rupee, A Different Story By Gram
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 Opens First Store in Gorakhpur
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.
GIFT City Can Emerge as Global Hub for Institutional Gold Funds, Says Artha Bharat
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.
Government Issues SOP on Bank Account Freezing, Bringing Relief to Surat Diamond Industry
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 ETFs Fall Up to 4% Amid Rising Crude Prices and Stronger Dollar
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.
