Union Budget 2026–27 makes strong push for MSMEs, signals stability and cautious optimism
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.
Bakul Limbasiya receives APO National Award
Bakul Limbasiya of Bhathwari Technologies was awarded the APO National Award in New Delhi in January 2026, recognizing contributions to productivity, innovation and leadership in India’s lab-grown diamond sector.
We are optimistic about India’s diamond export trajectory in 2026 Sabyasachi Ray, ED, GJEPC
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.
IIG Launches ‘Diamond Fundamentals’ Educational Resource
International Institute of Gemology has launched Diamond Fundamentals, an educational book by CEO Rahul Desai, unveiled at Hari Krishna Exports, introducing storytelling-led learning to diamond education.
US consumers will be sensitive to tariff-related price increases: Paul Zimnisky
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.
India’s Q1 GDP Growth Reinforces Jewellery Sector Resilience: GJEPC Chairman
Commenting on India’s 7.8% GDP growth in the first quarter of FY 2026, Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), said the strong performance reflects the resilience of the economy and the policy direction under the leadership of Prime Minister Narendra Modi.
India's First B.Sc. in Jewellery Design Introduced
The Indian Diamond Institute (IDI), a central government-recognized institution, has unveiled the nation's inaugural B.Sc. program in Jewellery Design and Manufacturing to address the escalating demand in these burgeoning sectors.
Diamonds to Democracy
Govind Dholakia, a 74-year-old prominent diamantaire has been nominated as a Rajya Sabha member
In Memoriam: Celebrating the Life and Legacy of Kirtilal Doshi, Visionary Leader of the Indian Gem & Jewellery Industry
Mr. Doshi, former Chairman of the Gem & Jewellery Promotion Council (GJEPC) and the Founding Chairman of the Gemmological Institute of India (GII), breathed his last peacefully in Mumbai on November 20, 2023, at the remarkable age of 101
GJEPC’s IIJS Premiere 2023 generates highest-ever business of over Rs. 70,000 crore
50,000+ visitors across 2 venues of Jio World Convention Centre & Bombay Exhibition Centre with 2100 foreign visitors
IIJS Premiere 2023 Organised Estimates Business of over Rs. 60,000 crore
IIJS Premiere is simultaneously organised at two venues - the Jio World Convention Centre (JWCC) from 3rd to 7th August, and the Bombay Exhibition Centre (BEC) from 4th to 8th August
2nd Edition of International Gem & Jewellery Show, Dubai Inaugurated by H.E. Sunjay Sudhir, Ambassador of India to UAE
IGJS is a curated exhibition with a global focus, offering top-quality ‘Made in India’ jewellery exclusively to international buyers
Badalia Diamond Jewellers Unveil Maharani Collection
This royal collection features 20 intricately hand-crafted pieces of multi-layered solitaire necklaces, chandelier earrings and statement solitaire rings in 18k gold and studded with diamonds
Hari Krishna Group’s KISNA Launches its First Franchise Store in Hyderabad
The launch signifies a shift in the brand’s distribution strategy from store-in-store sales to franchise
Report by GSI: Rare phosphorescence in CVD Lab Grown Diamond
Recently Gemological Science International's (GSI) interest was drawn to a CVD lab grown diamond weighing 1.547 ct., emerald cut, VS1 clarity and H color, which was submitted to the Mumbai Lab for Post Growth Treatment Identification

