TBZ shares zoomed 20% to hit their upper circuit on Tuesday after GRT Jewellers signed a deal to acquire a 74.12% promoter stake for up to Rs 1,033.71 crore, triggering a mandatory open offer.

GRT Jewellers has agreed to acquire 74.12% of listed retailer Tribhovandas Bhimji Zaveri for Rs 1,033.71 crore, taking control of the 162-year-old brand and expanding its pan-India retail footprint.

As India raises gold import duty from 6% to 15% amid economic pressure and a weakening rupee, the jewellery industry is preparing for higher prices, evolving demand, and possible market disruption, discovers Khursheed Mistry.

Gemfields disclosed updated G-Factor metrics on April 9, 2026, for Kagem and Montepuez operations, outlining government revenue contributions amid production disruptions, taxation changes, and market conditions across key gemstone assets.

Gemfields released its audited 2025 Annual Report on March 26, 2026, reporting lower revenue and operational disruptions across emerald and ruby assets, alongside cost reductions and Fabergé divestment.

Gemfields reported improved loss metrics for FY2025 despite operational disruptions at Montepuez and Kagem, with auction revenues at $ 129 million and focus shifting to stabilization and deleveraging in 2026.

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.

Namibia signed the Luanda Accord in Cape Town on February 9, 2026, while GJEPC and DMCC agreed pathways toward Natural Diamond Council membership to support global natural diamond marketing efforts.

Hyderabad-based Goyaz secures its first institutional funding to expand retail presence, strengthen design and manufacturing, and accelerate its position in the affordable occasion-led jewellery category.

Lucira Jewelry, a design-first fine jewellery brand founded by industry veterans Rupesh and Vandana Jain, has raised $5.5 million in seed funding, marking the largest-ever seed round for a jewellery startup in India.

The Gem & Jewellery Export Promotion Council (GJEPC) met on Friday to address the sharp rise in US tariffs on Indian jewellery, which now stand at 25%–32%, threatening the export segment. Discussions covered the scale of the impact, the need to explore legal and operational intricacies, and long-term strategies to protect the sector.

The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.

With gold prices touching new highs, Surat's jewellery manufacturing industry is seeking formal recognition for a more affordable category: 10 karat gold

PRET by Couture India 2025 showcased a bold evolution in India's jewellery industry, with vibrant ready-to-wear collections that redefine luxury for every occasion, signalling a powerful shift beyond traditional bridal markets