Namibia Eyes Direct Rough Diamond Trade with India After Tax Reform

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Namibia is actively pursuing closer ties with India’s diamond trading network as new tax incentives and India’s extensive manufacturing capacity open opportunities for direct sales of rough diamonds. The move reflects a strategic effort to link Namibia’s high-value output with India’s vast diamond market and processing infrastructure. A senior Namibian delegation led by Gaudentia Krohne, … Read more

Pandora Raises 2026 Outlook After Q2 Growth Accelerates

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Pandora posts firmer Q2 2026 results and upgrades guidance Pandora enters the second half of 2026 with strengthened expectations after delivering improved growth and profitability in the second quarter. The Danish jewelry group reported steady top-line momentum and better margins, prompting management to raise its organic growth outlook for the year. Revenue and organic growth … Read more

Indonesia, Vietnam and Brazil Drive Diamond Jewelry Demand

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The global diamond jewellery market may be entering a new phase of growth as consumer demand gradually expands beyond its traditional strongholds. While the United States remains the dominant market and India continues to strengthen its role, Indonesia, Vietnam and Brazil are emerging as promising long-term opportunities for the diamond industry. Independent diamond analyst Paul … Read more

Vietnam Tightens Gold Oversight After Compliance Breaches

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Vietnam’s gold sector faces renewed regulatory scrutiny after government inspectors uncovered historical compliance issues at several leading jewellery and bullion firms. The review highlighted shortcomings across tax declarations, accounting practices, anti-money-laundering controls and gold-bar transactions, intensifying efforts to reform and modernize the country’s gold market. One company named in the inspection, Bao Tin Manh Hai … Read more

World Gold Council Unveils Swarnim Udaan 2047 for India’s Gold

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World Gold Council Unveils “Swarnim Udaan 2047” to Transform India’s Gold Sector The World Gold Council (WGC) has unveiled Swarnim Udaan 2047, a long-term strategy aimed at unlocking the potential of India’s gold ecosystem and contributing to the country’s ambition of becoming a developed US$30 trillion economy by 2047. Developed in collaboration with Monitor Deloitte, … Read more

De Beers Cuts First-Half Losses as Rising Volumes Offset Weak Prices

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De Beers H1 2026 Results: Improved Performance Despite Price Pressure De Beers reported a stronger financial performance for the first half of 2026, narrowing its operating losses even as rough diamond prices fell sharply. The mining group attributed the improvement to higher production and sales volumes, cost discipline, and operational efficiency that helped offset weaker … Read more

Boucheron Fuels Kering Jewellery Growth in H1 2026

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Kering’s luxury jewellery business delivered a strong performance in the first half of 2026, with its family of high-end maisons posting robust double-digit growth and playing a central role in the French group’s return to positive comparable sales amid an uneven global luxury landscape. The results highlight how focused brand strategies and a resilient retail … Read more

Kalyan Jewellers Launches Akshaya Thanga Maligai in Tamil Nadu

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Kalyan Jewellers Launches Akshaya Thanga Maligai — A Regional Brand for Tamil Nadu Kalyan Jewellers has introduced Akshaya Thanga Maligai (ATM), its first region-specific jewellery brand created especially for customers in Tamil Nadu. This strategic move aims to combine Kalyan Jewellers’ nationwide expertise in sourcing and quality with designs and offerings tailored to the tastes … Read more

GJEPC Boosts Export Readiness with 9th Training Program in Delhi

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GJEPC Concludes Ninth “How to Begin Gem & Jewellery Exports” Training in New Delhi The Gem & Jewellery Export Promotion Council (GJEPC) successfully wrapped up the ninth edition of its three-day training programme titled “How to Begin Gem & Jewellery Exports” in New Delhi. The course reinforces the Council’s ongoing commitment to building a skilled, … Read more

Gareth Penny Consortium Leads Bid to Acquire De Beers

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A consortium led by former De Beers chief executive Gareth Penny has reportedly emerged as the frontrunner to acquire De Beers from mining group Anglo American, according to the Financial Times. The consortium, known as the Global Diamond Consortium, is said to be the preferred bidder as negotiations progress toward a potential sale. The report … Read more