Namibia Joins Luanda Accord; GJEPC and DMCC Move Toward NDC Membership
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.
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.
GJEPC Submits Pre-Budget Policy Proposals to Finance Ministry
GJEPC submitted pre-Budget recommendations to the Finance Ministry in Mumbai on January 14, 2026, seeking duty rationalization, tax reforms and SEZ flexibility to support exports amid global trade pressures.
African nations express concern about India taking on as 2026 Chair of Kimberley Process
Concerns have emerged among African diamond-producing countries over India’s 2026 Kimberley Process chairmanship, following unresolved reform debates and procedural outcomes after the November 2025 plenary in Dubai.
India–Botswana Diamond Corridor Gains Momentum as President Boko Welcomes GJEPC’s White Paper
GJEPC’s White Paper receives high-level endorsement during President Murmu’s State Visit to Botswana, advancing plans for a direct India–Botswana diamond trade route designed to strengthen MSME access, transparency and bilateral growth.
GSI’s CSP Students Gain First-Hand Experience at Sri Lanka’s Rakwana Gem Deposits
The Gemological Science International (GSI) Colored Stone Professional (CSP) Diploma programme recently took its students on an immersive journey to Sri Lanka’s renowned Rakwana Gem Deposit, offering first-hand exposure to gemstone mining, processing, and trading.
IIG Strengthens Global Presence with Argentina Collaboration on Rhodochrosite
The International Institute of Gemology (IIG) has expanded its international footprint through a landmark collaboration with the Consulate General of the Argentine Republic in Mumbai and CAMYEN S.E., Argentina’s state-owned mining company.
Deccan Gold Mines Shares Dip After Rally on Jonnagiri Project Boost
Shares of Deccan Gold Mines Ltd saw a 4% decline in Monday’s trading session, as investors booked profits following a sharp rally last week
Deccan Gold Mines to Launch India’s First Operational Gold Mine Since Independence, Targets 400 Kg Output
India is set to witness its first operational gold mine since Independence, as Deccan Gold Mines gears up to begin production next fiscal year. The landmark project is expected to yield 400 kilograms of gold annually and marks a significant step toward reducing the country’s reliance on imports
Verma Jewellers Hosts Exhibition in Shimla Amid Industry Headwinds
In the backdrop of an increasingly strained jewellery sector, Verma Jewellers held a jewellery exhibition in Shimla from April 26 to 30 to mark the occasion of Akshaya Tritiya
What Drives a Jewellery Purchase in 2025?
Key findings from The Plumb Club’s new consumer study—and what they mean for Indian retailers
India Poised to Lead $132 Billion Lab-Grown Diamond Market by 2029
India is emerging as a global powerhouse in the lab-grown diamond (LGD) industry, set to dominate a market projected to be worth $132 billion by 2029. According to RedSeer Consultants, LGDs are expected to capture 16 per cent of the global diamond market by that year, up from 12 per cent in 2024 and 9 per cent in 2019
Massive Gold Reserves Discovered in Odisha: A Boost for India's Mining Sector
Odisha has emerged as a new hotspot for gold mining following the discovery of significant gold reserves across multiple districts. The state's Mines Minister, Bibhuti Jena, confirmed the breakthrough, stating that exploration efforts are ongoing, with a large-scale gold mine auction planned for the near future
Vidita Kochar of Jewelbox on the big terminology debate involving LGDs
The proposed move of the Government of India to label LGDs as “synthetic” has caused a furore, with the LGD segment saying this would not only be unfair, it would greatly damage the credibility of a sector that produces and retails grown diamonds, which are identical to mined diamonds. Suneeta Kaul speaks with Vidita Kochar of Jewelbox, a prominent LGD player, to understand the ramifications of such a proposal.
Government Launches Diamond Imprest Authorisation Scheme to Strengthen India’s Diamond Industry
The Government of India has announced the reintroduction of the Diamond Imprest Authorisation (DIA) Scheme, aiming to boost India’s competitiveness in the global diamond trade and support the domestic industry

