NATURAL DIAMONDS
Amazon Great Summer Sale 2025 is LIVE Now for Prime Members: Top Deals Revealed Across Various Categories!
The much-awaited Amazon Great Summer Sale kicks off on 1st May at noon, bringing massive discounts across a wide range of categories including smartphones, tablets, Fire TV devices, smart TVs, fashion, home appliances, and more. Prime members get exclusive 12-hour early access, starting midnight, giving them the first chance to grab the hottest deals. This article highlights the top deals and best value buys across all major categories, helping you navigate the best of the Amazon Sale with ease and excitement.
Your grandmother was right! Gold prices have zoomed 200% in 10 years
Ahead of Akshaya Tritiya 2025, gold has delivered impressive returns, exceeding 30% since last year and over 200% in the past decade. While high prices may slightly temper volumes, overall revenues are expected to remain steady due to larger ticket sizes. Experts suggest exploring options like lighter jewellery and Sovereign Gold Bonds for investment.
Natural vs lab-grown diamonds: The dazzling duel shaking up India’s jewellery market
Natural diamond players are on a quest to regain their lustre amid the double whammy of falling sales and the rising popularity of lab-grown diamonds. However, in a market like India, where consumers look for both value and price while making purchases, experts say that there is ample space for both to thrive
US tariffs to erode Indian diamond export revenues, warns Crisil
Indian diamantaires face challenges as a 10% US tariff on natural diamond imports threatens export revenues, potentially declining by 8-10% in fiscal 2026. Crisil Ratings anticipates subdued demand and competition from lab-grown diamonds will exacerbate the impact. While calibrated inventory management may support realisations, polishers' operating margins could dip slightly.
Mehul Choksi accuses authorities of violating natural justice, seeks fresh relief
The Belgian Court of Appeal adjourned the hearing on a petition filed by Mehul Choksi, contesting his arrest following India's request for his extradition. In his latest plea, submitted by his Belgian legal team and drafted by Advocate Vijay Aggarwal, Choksi has claimed that Belgian authorities failed to adhere to the prescribed legal procedures during his arrest.
Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 34% in 1 year
As volatility increases on the street, you will hear talk of the Nifty getting support at XYZ or some other level. This is where investors need to be cautious. The reason is simple: The bottom line and earnings of companies are not impacted by where the Nifty is trading. It is impacted by what is happening in their sectors. And you can get a fair idea of what is happening in a sector from what the management says in its con-calls after the quarterly earnings. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
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Gold prices hit Rs 1 lakh per 10 gm ahead of Akshaya Tritiya; will high rates dampen demand?
Gold prices in India have soared, reaching ?1 lakh per 10 gm at the retail level, ahead of Akshaya Tritiya. Despite rising prices, the jewellery trade anticipates strong demand for gold as an investment. Experts suggest that tariff tensions, US economic concerns, and central bank buying are fueling the rally.
Gold hits Rs 1 lakh mark! Uday Kotak hails the Indian housewife as 'smartest fund manager'
Gold prices have surged, reaching ?1 lakh per 10 grams, prompting Uday Kotak to praise Indian homemakers as astute investors. This milestone occurs before Akshaya Tritiya, potentially influencing consumer behavior. Global factors like tariff tensions and economic uncertainties are fueling the rally, with analysts noting shifts in consumer preferences towards alternative jewelry options alongside traditional gold investments.
Rs 1,00,000: Yellow metal proves mettle in retail trade
Exclusive of the goods & services tax (GST), the price of gold was trading at ?97,200 per 10 gm. The jewellery trade is hopeful of a good demand for gold despite the surge in prices.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of more than 49% in 1 year
The way the street has reacted to early Q4 results, it appears that the market has priced in some of the numbers. So, it is probably time to be bullish, but also very selective. There is, however, a caveat. Global developments can still play spoilsport and cause the market to come under pressure. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Both from medium- and long-term perspective: 5 large- & mid-cap stocks with an upside potential of up to 39%
There are some businesses, where demand for their goods or services is such that it does not fall below a certain level even during an economic slowdown. FMCGs, for instance. But, there are other businesses with similar characteristics. At a time when one does not know which statement by which president or premier will bring back the bears, it is better to stick to such businesses. We have used the word “businesses” above for a good reason: When you buy a stock, you are in effect buying a part of a business. So next time you buy a stock, focus on what business you will own after buying that particular stock.
Mehul Choksi to seek bail next week in Belgium, may cite bad health
Mehul Choksi, wanted in the PNB fraud case, is set to challenge his arrest in Belgium, citing violation of natural justice and seeking bail. His legal team will argue against flight risk due to ill-health and community ties, while India opposes his release.
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
In the past six months, we have heard mostly two words on the stock market: Bearish and volatile. Last week was different. For a change we heard terms like positive market breadth and strong gains. As the bulls attempt another serious comeback, the market again faces a familiar question: Are valuations still too high, or have they reached reasonable levels after the recent correction? That will largely be determined by how the Q4 earnings season pans out.
Understanding the enduring value of natural diamonds in a changing market
Natural diamonds maintain their allure in India, driven by cultural significance and rising incomes, contrasting with the fluctuating value of lab-grown alternatives. India's diamond industry thrives, processing a significant portion of the world's diamonds while prioritizing ethical sourcing and sustainability. Light performance and cut are crucial factors influencing a diamond's appearance and value.
Lab grown diamond startup Jewelbox raises $3.2 million from V3 Ventures, others
Kolkata-based lab-grown diamond jewellery brand Jewelbox plans to use the funds to expand its retail footprint across India, strengthen brand visibility, and hire talent across key functions, cofounder Vidita Kochar Jain, told ET.
Diamond exports plunge 17% in FY25 amid global headwinds
India's gem and jewellery exports faced a significant downturn in FY25, dropping 11.72% to $28.5 billion, primarily due to geopolitical tensions, a slowing US economy, and China's withdrawal from diamond purchases. Cut and polished diamond exports saw a sharp 16.75% decline. The industry is now seeking tariff relief from the US to mitigate potential trade disruptions and revive exports.
Mumbai Customs clears US-bound shipment of cut and polished diamonds worth $319.9 million
Mumbai saw a surge in diamond exports to the US before new tariffs. The industry fears trouble after April 9. Martin Rapaport advised against exporting diamonds from the US. Experts believe US retailers might profit initially. The Surat Diamond Bourse could face challenges. Reduced demand may lead to production adjustments. However, some expect the US to continue buying Indian diamonds.
Gold smuggling case: Judicial custody of Kannada actress Ranya Rao, two others extended until Apr 21
A court in Bengaluru extended Kannada actress Ranya Rao's judicial custody in a gold smuggling case until April 21. Ranya, along with businessman Tarun Raju and jeweller Sahil Jain, is accused of smuggling over Rs 12.56 crore worth of gold from Dubai, using a Dubai-based front company.
Retaggio Industries shares to debut on BSE SME platform today. Check GMP and other details
Retaggio Industries received a subscription of nearly 2 times for its IPO. The demand was mostly driven by retail investors. The company priced its IPO at Rs 25 per share and raised Rs 15 crore.
Reciprocal tariffs baffling; some adverse effects will be on India: Kaushik Basu
Kaushik Basu, ex-World Bank chief economist, finds the US's new reciprocal tariff of 26% on India baffling, arguing it will harm the US more. He suggests India should focus on enhancing trade with Europe, Canada and China. Basu also views the situation as a potential long-term opportunity for India to grow its trade, especially with China.
Sparkle fading? Jewellery companies fear US firms may stall orders
The 27% US retaliatory tariffs pose a significant challenge to Indian gems and jewellery exports as they disrupt trade valued at USD 16.89 billion between the two nations. The GJEPC urges the Indian government to advance the Bilateral Trade Agreement to mitigate these tariffs and secure the sector's long-term interests.
India’s $11 billion gems & jewellery exports to US may take a back seat as Trump slaps 26% tariff
India's gems and jewellery industry faces significant challenges due to the US imposing a 27% tariff on imports. This decision is expected to cause a major disruption in the sector, leading American retailers to stall new orders. The industry's workers, especially those in SEEPZ, may face job losses in the short term.
Tariffnama: Impact of the US reciprocal tariffs on India Inc
The US reciprocal tariffs on India Inc will have a twofold impact, benefiting some Indian exporters compared to higher tariffs on Asian countries while potentially increasing dumping from affected nations. Key sectors like automobiles, auto ancillaries, and gems and jewellery may face mixed effects, including cost pressures and reduced competitiveness in the US market.
India, US want to expedite talks for proposed trade agreement
India and the US are keen to expedite negotiations for a proposed bilateral trade agreement aimed at promoting two-way commerce. The agreement seeks to increase market access, cut tariffs, and deepen supply chain integration, while addressing the recently imposed 27% US import duty on Indian goods.
Woman thought her doorstop was a simple rock. Turns out it was worth over Rs 9 crores
A Romanian woman unknowingly used a 3.5-kilogram chunk of rare amber as a doorstop for decades, unaware of its true value. After her passing in 1991, a relative discovered its significance and had it examined by experts, who confirmed it as rumanite, a rare variety of amber worth approximately $1.1 million. Estimated to be between 38 and 70 million years old, the amber is now classified as a national treasure and is displayed at the Provincial Museum of Buzau.
Trump’s tariff gambit: 5 Indian sectors on high alert as April 2 deadline looms
As Trump’s April 2 tariff decision looms, Indian markets brace for potential fallout. Mild tariffs could boost export-driven sectors like pharma and IT, while harsh impositions might deepen market turmoil. With India facing heightened tariffs on US goods, trade disruptions in pharma, autos, and agriculture are expected, raising fears of a broader trade war and economic uncertainty.
As the Buy Canada Movement gains momentum, here are the Made-in-Canada products Mark Carney has advocated
Amid rising trade tensions with the US, Canadian Prime Minister Mark Carney urges citizens to support the domestic economy by buying Canadian-made products. In response to US tariffs on Canadian imports, Canadians are prioritizing homegrown goods. The article lists Canadian brands across various categories, encouraging consumers to shop locally and mitigate the impact of increased prices on imports.
It's natural: Natural diamond prices surge 10% amid rising demand
Natural diamond prices have increased by 10% recently, driven by rising consumer demand in key global markets. Industry experts expect this trend to continue throughout 2025. The renewed interest has led to a surge in demand, particularly from tier-2 and -3 cities in India.
Eid-ul-Fitr 2025 gift ideas: Here’s a thoughtful, unique, and meaningful gift guide for family, friends, kids, parents, spouse, and loved ones
Eid-ul-Fitr 2025 gift ideas offer unique and thoughtful presents for loved ones, ranging from emerald-studded diamond tops by PP Jewellers to personalized leather keepsakes by Brune & Bareskin. Stylish footwear from ECCO, skincare sets from Fiama and Himalaya, and elegant home décor by Rabyana Design make for perfect gifts. For food lovers, Breads and Moulds bakery goods add a delightful touch. Whether it’s timeless jewelry, luxurious skincare, or cozy décor, these gifts ensure joy and warmth during Eid celebrations.
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