National News
India’s Gems & Jewellery Exports Drop 15.8% in May Amid U.S. Tariff Impact: GJEPC
India’s overall gems and jewellery exports dropped by 15.81% to $2,263.42 million (₹19,260.81 crore) in May 2025, compared to $2,688.38 million (₹22,414.02 crore) during the same month in 2024, as per the latest data released by the Gems and Jewellery Export Promotion Council (GJEPC).
According to GJEPC, the decline was largely due to the tariff announcements by the United States, which significantly impacted outbound shipments. Among the segments, exports of cut and polished diamonds experienced a sharp fall of 35.49%, standing at $949.70 million (₹8,089.81 crore) in May 2025, down from $1,472.08 million (₹12,272.03 crore) in the corresponding period last year.
Similarly, exports of polished lab-grown diamonds saw a decline of 32.7%, falling to $80.90 million (₹689.71 crore) from $120.32 million (₹1,003.06 crore) recorded in May 2024.
On a positive note, gold jewellery exports witnessed a significant rise of 17.24% to $997.50 million (₹8,482.61 crore), compared to $850.81 million (₹7,094.52 crore) during the same period in the previous year. This growth is attributed to rising global demand for gold amid ongoing geopolitical tensions in the Middle East.
Meanwhile, gross silver jewellery exports during April–May dropped by 17.59% to $150.08 million (₹1,281.92 crore), down from $182.11 million (₹1,518.69 crore) in the same period last year. Coloured gemstone exports also saw a minor dip of 1.13%, totalling $62.51 million (₹533.08 crore) compared to $63.22 million (₹527.36 crore) during April–May 2024.

GJEPC Chairman Kirit Bhansali stated, “The overall exports continue to decline and in May the dip was 15.81% mainly due to the tariffs announcement by the US. However, gold jewellery exports have gone up due to the continuing geopolitical tensions in the Middle East, which has increased the demand for the precious metal as a safe haven.”
National News
Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design
A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.
In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.
Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.
Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.
This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.
Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.
Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.
With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.
As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.
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