Gems trade slump: Exports fall 31% in October; bullion volatility, early US stocking hit demand
India’s gems and jewellery exports experienced a significant 30.57% decline in October, reaching $2.17 billion. This drop, attributed to pre-tariff stocking by overseas buyers and ...
US tariff shock: Gujarat’s diamond hubs suffer as export orders dry; 1 lakh jobs gone
The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat’s Saurashtra region, impacting small units in Bhavnagar, Amreli, and Junagadh. ...
