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.

The Indian diamond cutting and polishing industry is facing a severe blow after US tariffs surged from 10 percent in April to 50 percent in August, leading to the loss of nearly 100,000 jobs in ...

The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat's Saurashtra region, impacting small units in ...

India’s glittering gems and jewellery industry is staring at one of its harshest reckonings yet. While the United States’ ...

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 ...