Author name: JNI

India and the United Kingdom have signed a historic free trade agreement (FTA) that is set to boost annual bilateral trade by nearly $34 billion. Finalised during Prime Minister Narendra Modi’s UK visit, the pact introduces tariff reductions, smoother professional mobility, and stronger market access provisions, making it one of India’s most extensive trade deals. […]

Pune-headquartered PNG Jewellers has taken a significant step in its growth journey by opening its first outlet outside Maharashtra, in Indore, Madhya Pradesh. The store was inaugurated on 23 August, with Bollywood star and brand ambassador Madhuri Dixit gracing the occasion. Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, called the expansion both

Russian diamond giant Alrosa has unveiled an artificial intelligence system designed to speed up the search for diamond deposits in geologically challenging regions. The innovation is expected to cut exploration timelines dramatically and deliver economic gains worth hundreds of millions of roubles per project. Traditional exploration has slowed in recent decades, as most major kimberlite

India Post has temporarily stopped accepting postal consignments to the United States, except for letters, documents, and gifts valued up to USD 100, starting 25 August 2025. The suspension comes in response to US Executive Order No. 14324, which eliminates the duty-free de minimis exemption of USD 800 from 29 August 2025. Under the revised

Exporters operating from Mumbai’s SEEPZ Special Economic Zone (SEZ) can now dispatch consignments overseas through postal channels, thanks to the opening of a Foreign Post Office (FPO) extension within SEEPZ. The initiative, announced via Public Notice No. 9/2025 by the Development Commissioner’s office, addresses long-standing demands from trade participants. With this setup, exporters can file

Glow by Kirtilals, the modern, youth-focused jewellery line from the renowned House of Kirtilals, has unveiled a new showroom in Jayanagar’s vibrant 4th Block, Bengaluru. The launch marks a strategic step in expanding the brand’s footprint in the city while addressing the growing demand for everyday luxury among millennials and Gen Z customers. The showroom

The convocation ceremony was honored by the presence of two distinguished guests — Dr. Joy Alukkas, Chairman of Joyalukkas Group, who attended as the Chief Guest, and Samruddhi V Manjunath, CMD of SiriSamruddhi Gold Palace Pvt. Ltd. and Member of the Karnataka Legislative Assembly, who joined as the Guest of Honor. Their participation added prestige

The Gemological Institute of America (GIA) has appointed Sriram ‘Ram’ Natarajan, former Managing Director of GIA India Laboratory Private Limited, as Senior Vice President of Laboratory Operations. Based at GIA’s global headquarters in Carlsbad, California, he assumed his new role in early August and now reports directly to GIA President and CEO, Pritesh Patel. In

De Beers Group has released its 2024 Sustainability Report, showcasing significant progress across climate action, conservation, community impact, and diamond traceability, reinforcing its commitment to responsibly sourced natural diamonds. The company reported a 7% reduction in Scope 1 and 2 emissions since 2021, with renewable energy projects in South Africa and Botswana on track to

CIBJO has unveiled the first in a series of pre-congress Special Reports ahead of its 2025 Congress in Paris, presenting two major educational initiatives for the international jewellery industry. The report was prepared by the CIBJO Marketing and Education Commission, chaired by Jonathan Kendall. The first initiative, the CIBJO Academy, launched in 2023, serves as