The government has ended a tax benefit for banks importing gold, silver and platinum, bringing these shipments under the 3% Integrated GST levy from April 1, 2026, to ensure parity across import channels

Lab-grown diamond jewellery brand Mayavé, from the house of Dholakia, has expanded across Delhi NCR with five stores in Noida, Ghaziabad, Gurugram, Dwarka and Netaji Subhash Place.

The new Terminal 2 outlet at Chennai International Airport follows the brand’s Terminal 4 opening and expands its presence across key travel destinations.

India can move beyond being a major producer of laboratory-grown diamonds to becoming a global technology leader by developing indigenous equipment, advanced materials, device fabrication capabilities, and high-value industrial applications, says Prof. M.S. Ramachandra Rao, Head of the India Centre for Lab Grown Diamond (InCent-LGD) at IIT Madras, in a conversation with Suneeta Kaul. Prof. Rao was one of the main organizers of GJEPC's VAIRAM 2026 Workshop, held earlier this year at the campus of IIT Madras.

From new materials and lightweight designs to emerging suppliers, wider sourcing and stronger seasonal relevance, COUTURE India 2026 showed how the format has evolved, discovers Preeti Kulkarni

At the 11th edition of COUTURE India 2026, businesses across design, branding, packaging, technology, certification and retail services presented solutions aimed at addressing the operational challenges faced by jewellery retailers.

Chirag Thakkar of Amrapali Group told media that crude oil movements could influence gold and silver prices, while festive demand and investment interest remain key market factors.

Uday Kotak has proposed a dedicated committee to examine India’s rising gold imports, with the country’s FY27 gold import bill potentially reaching dollar 88–90 billion.

P. N. Gadgil & Sons has introduced silver Ganpati idols, puja essentials and traditional Maharashtrian gold jewellery as part of its Ganeshotsav campaign under ‘Dagina Maharashtra-cha’.

CaratLane is evaluating Australia and the UK for international expansion after gaining traction in the US, where its stores in New Jersey and Texas have shown encouraging performance.

Gold prices eased as higher oil prices raised inflation concerns and strengthened expectations that central banks may keep interest rates elevated for longer, weighing on the non-yielding asset.

Limelight Lab Grown Diamonds has expanded its Mumbai retail network with a new mono-brand store in Kalyan, taking its store count in the city to eight.

With new trade agreements opening markets, and shifting global sourcing strategies creating fresh opportunities, India’s gem and jewellery industry is entering an important phase. GJEPC Chairman Kirit Bhansali discusses India’s growing global role, emerging export opportunities, and the road ahead, with Suneeta Kaul.

Derewala Industries chairman’s re-election strengthens India’s representation in the global jewellery industry