Zero-duty Entry For Diamonds To US A ‘Turning Point’: GJEPC
Kirit Bhansali states that the industry is confident that diamonds and coloured gemstones will receive full zero-duty treatment as envisaged, upon conclusion of the interim agreement
Export
Luxury
Consumer
Export
India-US Trade Pact Brings Relief To Gem & Jewellery Sector
- by kishan
- February 3, 2026
Tariff cuts lower costs for US importers, provides relief to diamond jewellery manufacturers, boost competitiveness of Indian diamond jewellery
Government
International
News
G7 Tightens Grip, Russian Diamonds Face Import Ban Amidst New Sanctions
- by BW Retail World Bureau
- January 1, 2024
In the wake of the Russian invasion of Ukraine, the 12th package of sanctions over the import of Russian diamonds into G7 countries and restrictions on deliveries of diamonds to the European Union came into effect today, Russian News agency TASS reported on Monday. It said in its report that G7 nations announced the introduction […]
Fashion & Lifestyle
National
News
India’s Gems & Jewellery Exports Drop 11.49% In October
- by BW Retail World Bureau
- November 20, 2023
India’s gems and jewellery exports experienced a decline of 11.49 per cent, reaching Rs 22,873.19 crore (USD 2,748.01 million) in October, as per data from the Gem and Jewellery Export Promotion Council (GJEPC). In comparison, gross exports in October 2022 were Rs 25,843.84 crore (USD 3,134.85 million). Cut and Polished Diamonds (CPD) exports fell by […]
International
News
G7 To Announce Ban On Russian Diamond
- by BW Retail World Bureau
- October 26, 2023
A G7 statement announcing a ban on imports of Russian diamonds is expected by the end of this month, followed closely by a proposal for the European Union’s 12th package of sanctions on Russia, diplomatic sources said. “We now need the final blessing of the G7 before then translating these elements in legal texts at […]
Events
News
GJC Launches India’s largest Shopping Festival ‘India Jewellery Shopping Festival, 2023’
- by BW Retail World Bureau
- October 12, 2023
All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites jewellery manufacturers, wholesalers, retailers and exporters, announced the launch of Jewellery Shopping Festival (IJSF) in New Delhi. The launch will be held across the country in 300 cities from 15 October to 22 November. The festival will offer benefits to both […]