Ghana launches ‘special task force’ to curb illegal mining by local and foreign operators
March 14, 2026
India gold discounts hit a near-decade high currently
March 14, 2026US tariff relief to lift Indian diamond polishers’ revenue 6–7% in FY27
Indian diamond polishers are likely to see a modest recovery next fiscal, with revenue projected to grow 6–7% to $15–15.5 billion in FY27, aided by tariff relief in the United States and steady domestic demand, according to a report by Crisil Ratings.
The anticipated rebound follows three consecutive years of decline, with industry revenue still expected to contract 8–10% year-on-year in FY26 to $14–14.8 billion amid volatile trade policies and intensifying competition from lab-grown diamonds.
