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With prices for rough diamonds falling from $1,000 per carat in 2022-23 to $600, and demand weakening, some factories have shifted to lab-grown diamonds, though their prices are also under pressure.
India’s glittering gems and jewellery industry is staring at one of its harshest reckonings yet. While the United States’ ...
The Indian diamond industry in Gujarat's Saurashtra region faces a crisis as US tariff hikes from 10% to 50% result in ...
US tariffs on diamonds, escalating from 10% to 50% since April, have led to approximately 100,000 job losses in Saurashtra's ...
The Indian diamond cutting and polishing industry is facing severe challenges due to US tariff increases, which have jumped ...
Jaipur traders staged a strong protest against United States President Donald Trump’s decision to impose steep additional ...
Indian gems and jewellery exporters warn of potential job losses and disruption in supply chains due to the US imposing a steep 50% tariff, making their products uncompetitive.
The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat's Saurashtra region, impacting small units in ...
US tariff hikes on Indian diamonds trigger 100,000 job losses in Gujarat’s Saurashtra, raising fears over lab-grown diamond ...
(IDEX Online) - South Africa is to sign up to the milestone Luanda Accord, which is funding a global campaign to promote natural diamonds. It joined the governments of Angola, Botswana, Namibia, ...
India is the world’s largest diamond cutting and polishing hub, with nearly 90 per cent of global diamonds processed in the ...
The export of cut and polished diamonds (CPD) to the US has seen a steady drop to USD 4.81 billion in 2024-25 from USD 9.86 ...