India’s gems and jewellery industry faces a crisis as the US imposes 50% tariffs, disrupting diamond exports. The GJEPC urges the Centre for immediate relief, including credit extensions and moratoriums, to cushion exporters. With potential job losses in Surat, the council seeks policy and monetary interventions, hoping for a swift resolution considering the broader India-US relationship. Post navigation Gold outlook: Gold’s record run may hit resistance as US data, Fed signals and rupee slide set stage for volatility Donald Trumps’ $750 million crypto deal sparks scrutiny: Family firm sells to itself, cashes in big; why watchdogs see red flags
