National News
Diwali 2025 sales hit a record Rs. 6 lakh crore, gold & jewellery accounts for 10% : CAIT
Diwali 2025 sales hit a record a record Rs. 6 lakh crore, with Indian goods seeing 25% rise according to Confederation of All India Traders (CAIT). Among various sectors, fast-moving consumer goods (FMCG) accounted for the largest share of total sales at 12 per cent, followed by gold & jewellery at 10 per cent, electronics at 8 per cent. CAIT attributed the growth to recently reduced goods and services tax (GST) rates, noting that 72 per cent of surveyed traders linked higher sales to lower GST on daily-use items. This marks a 25 per cent year-on-year (Y-o-Y) growth from Rs.4.25 trillion, the report said.

The data, released in its comprehensive “Research Report on Diwali Festival Sales 2025”, is based on a nationwide survey across 60 major distribution centres, including state capitals and Tier 2 and Tier 3 cities, conducted by the CAIT Research & Trade Development Society.
2025 has glittered brighter than ever for India’s jewellery industry. Shoppers have thronged stores, sending footfalls soaring by over 100% and infusing the market with festive energy. Gold, the timeless favourite, continues to rule hearts — and this season, buyers have embraced the higher prices without hesitation. Silver jewellery and bullion sparkled in demand, while natural diamonds dazzled with 15–30% sales growth.
A major highlight this festive season is the soaring popularity of silver. As gold prices have risen, consumers have shifted focus towards more affordable option, causing silver sales to nearly double, marking a significant preference change among customers this season.
National News
Cosmos Diamonds Makes History With World’s First LGD Jewellery Launched Into Space
The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.
In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.



The Cosmos Bloom Diamond is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.

Sanjana Tripuramallu, Founder- Cosmos Diamonds
The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.
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