Jewellery

Prime Minister Narendra Modi on Sunday appealed to Indians to reduce their gold purchases for a year in a move to encourage foreign exchange savings amid the crisis in West Asia

Shares of jewellery, travel and hospitality firms fell after Prime Minister Narendra Modi urged restraint in gold purchases and foreign travel amid forex pressures

Kalyan Jewellers India Ltd on Friday reported more than two-fold jump in consolidated net profit to Rs 409.50 crore in the fourth quarter of 2025-26 fiscal, citing higher income. The Kerala-based company had posted a net profit of Rs 187.6 crore in the year-ago period, according to a regulatory filing. Total income for the January-March quarter surged 66 per cent to Rs 10,321.1 crore from Rs 6,222.3 crore a year earlier. Expenses remained elevated at Rs 9,782.28 crore against Rs 5,971.75 crore in the corresponding period. For the full 2025-26 fiscal year, the company reported a net profit of Rs 1,350.39 crore, up by 89 per cent from Rs 714.17 crore in the previous year. Total income increased by 43 per cent to Rs 35,950.88 crore from Rs 25,189.66 crore in the previous fiscal. Kalyan Jewellers Executive Director Ramesh Kalyanaraman said, "We ended the previous financial year on a very strong note and have carried the momentum into the ongoing financial year." The company witnesse

Report highlights need for higher value addition, diversification, and policy reforms to boost competitiveness of India's gems and jewellery sector globally

On Akshaya Tritiya, choose gold wisely-jewellery for sentiment, ETFs and SGBs for returns; verify purity, costs, and tax impact before investing

Strong jewellery demand supports retail growth in Q4FY26, though weak consumption trends weigh on segments like apparel, QSR and lifestyle retailers

Titan sees early wedding buying amid softer gold prices, with half of customers opting for old jewellery exchange as demand remains resilient despite elevated rates

Tata Group-backed jewellery brand CaratLane plans to open 40 stores in the coming financial year, 10 per cent of which will be company-owned, a senior executive said. "We have almost 50 stores right now, and we expect to add around 40 stores next year (2026-27); however, we won't be in a hurry to open them. In the first quarter, we will probably focus on exploring stores and in the second quarter, we will start the expansion for FY27. Around 10 per cent of these new stores will be owned by the company," CaratLane Managing Director Saumen Bhaumik told PTI. About 13 per cent of the current 50 operational stores are company-owned, he added. He said this expansion will be more in the north, east and the south, while in the west the openings will be fewer. "I think in north, east, and south, we will continue to expand. In the west, we will be opening fewer stores as we have already opened a decent number in that region. Right now, I want to make sure that every store in the western regi

India's gems and jewellery exports grew 3.86 per cent year-on-year to USD 2,680.79 million (Rs 24,340.05 crore) in February, following the industry's diversification into other markets, according to the Gem and Jewellery Export Promotion Council (GJEPC). The overall exports stood at USD 2,581.08 million (Rs 22,460.13 crore) during the corresponding month of 2025, GJEPC data showed. From April 2025 to February 2026, total gems and jewellery exports were almost flat at USD 25,933.72 million (Rs 2,28,230.06 crores) compared to USD 25,915.81 million (Rs 2,18,737.62 crores) in the year-ago period. "The past year has been challenging for the global gem and jewellery industry, shaped by evolving US tariff policies, geopolitical uncertainties, and changing consumer preferences across key markets. Despite these headwinds, the Indian gem and jewellery sector has demonstrated remarkable resilience," GJEPC Chairman Kirit Bhansali said. Exporters have actively diversified their export markets,

Couture houses like Sabyasachi and Manish Malhotra are expanding into high jewellery, tapping self-purchasing women and investment-led demand while extending their design language beyond apparel

PNGS Reva Diamond Jewellery IPO has received bids for 5.98 million shares against 5.70 million shares on offer

CEO said buying for investment had peaked in the past one year

New baggage rules raise duty-free allowance to Rs 75,000 for most travellers, simplify transfer-of-residence norms and introduce digital declarations

Easing of US tariffs has revived demand-side confidence in India's gems and jewellery sector, raising hopes of reversing export losses and regaining momentum

Rising funding, rapid store expansion and Titan's entry are pushing lab-grown diamonds from niche to mainstream, as Indian consumers embrace affordable, sustainable fine jewellery

December quarter results for the sector are expected to be in similar lines to the September (Q2) quarter

Titan will launch beYond, its lab-grown diamond jewellery brand, later this month, even as its flagship brand Tanishq continues to promote natural diamonds with De Beers

Silver jewellery is booming in India in 2025, driven by high gold prices, shifting tastes and rising brand trust, making the once-everyday metal a new must-have for women and men alike

Exporters in Rajasthan are expecting a sharp rise in gems, jewellery, handicrafts and textiles shipments to the United Kingdom once the Free Trade Agreement (FTA) with India comes into effect. As part of the FTA, which was signed in July this year and is likely to come into effect next year, duties on 99 per cent exports to the UK will be reduced to zero. Jaipur-based jeweller K B Goyal of Dwarka Jewellers said the removal of the 3-3.5 per cent duty on jewellery items in the UK will give Indian jewellers a strong edge in global markets. "The duty removal will help jewellers in sales and marketing of jewellery samples abroad... We will give tough competition to China, Thailand, and Hong Kong," Goyal told PTI on Wednesday. He said India's estimated export of gold, silver, and platinum jewellery to the UK stands around USD 400 million, with Rajasthan contributing nearly 40 per cent. "We expect this export to increase 1.5 times in the next 2-3 years," he added. Trade policy expert Ri

The Louvre said on Monday it would remain closed a day after historic jewels were stolen from the world's most-visited museum in a daring daylight heist. The museum's staff asked dozens of visitors who were queuing in front of the glass pyramid entrance to leave the site. In a message posted on the social media, the Louvre said visitors who have booked tickets will be refunded. It did not provide additional details. On Sunday, thieves rode a basket lift up the Louvre's facade, forced a window, smashed display cases and fled with priceless Napoleonic jewels, officials said. The theft about 30 minutes after the museum opened, with visitors already inside, was among the highest-profile museum thefts in living memory. It unfolded just 250 meters from the Mona Lisa, in what Culture Minister Rachida Dati described as a professional, four-minute-long operation. French Justice Minister Gerald Darmanin acknowledged security failures on Monday. One can wonder about the fact that, for exam