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.
PN Gadgil Jewellers Aims for Rs 8,000 Crore Revenue in FY25
PN Gadgil Jewellers Ltd. is confident of reaching its ambitious revenue target of Rs 7,500-8,000 crore in the current fiscal year, driven by robust sales in the natural diamond jewellery segment
Diamond Polishing Sector Set to Hit Decade Low with 25-27% Sales Dip: CRISIL Report
India’s natural diamond polishing industry is bracing for a steep revenue decline of 25-27% this fiscal year, reaching a decade-low of $12 billion, according to a recent CRISIL report
Exploring Diamonds as an Investment Option in the UAE: Essential Information for Buyers
The NDC released a report, "Diamond Facts: Busting Myths," debunking industry misconceptions for informed buying decisions
Lab-Grown Diamonds are Produced at Temperatures Comparable to 20% of the Sun's Surface, says Natural Diamond Council
Natural Diamond Council, the authoritative resource on natural diamonds, has released its 2023 analytical report entitled, Diamond Facts: Addressing myths and misconceptions about the diamond industry.
Panna Diamond World Jewellers inaugurates its 4th store in Kolkata
The brand believes this store at Kankurgachi stands as evidence of Panna Diamond World Jeweller's affection for crafting wearable art and embodies the brand's enthusiasm for producing effortless, artisanal pieces.
Diamonds are Trending
Fancy diamonds in pear and marquise shapes are in deficit due to a great demand
GJC’s GJS 2022 Upbeat, Hot & Happening!
Gems & Jewellery Council’s maiden initiative is appreciated and lauded by the industry
Diamond prices set to rise by a further 5%-8%: CRISIL
Prior to the Russia-Ukraine war, prices of roughs were expected to rise 10-12% on-year next fiscal -- now, CRISIL expects them to rise by a further 5%-8% amid supply-side constraints
IIJS Signature 2022 a thumping success: GJEPC
The event has generated an estimated business of Rs 5000 crore, according to GJEPC
Customs duty on cut & polished diamonds, gemstones cut to 5%
In her Budget speech, the Finance Minister said that customs duty on cut and polished diamonds and gemstones would be reduced to 5% from the existing 7.5%
GJEPC UNCUT 2020: Webinar on 'The Diamond Industry Recovery Options & Way Forward': All Stakeholders To Take Responsible Demand-Driven Decisions
The GJEPC had conducted a webinar on the ‘Diamond Industry’s Recovery Options & Way Forward’
Caratlane launches new store in Adyar
This also marks its 79th store in the country and 24th in the southern region
CaratLane - A Tanishq Partnership scaling new heights in the North, launches its first store in Prayagraj
Situated at S.P Marg, an eminent area in Prayagraj, this outpost of CaratLane will benefit shoppers who are looking for modern and unique jewellery and the opportunity to try it before they purchase
10 Brilliant Insights For 2019
Reatil Rulebook
