National News
Malabar Gold & Diamonds Opens New Showroom In KR Puram, Bengaluru by cine actress Srinidhi Shetty
Malabar Gold & Diamonds today opened its new showroom in KR Puram, Bengaluru, by actress Srinidhi Shetty further strengthening its presence in one of the country’s most established urban jewellery markets. With this launch, the brand’s network has expanded to 24 showrooms in Bengaluru and 46 showrooms across the Karnataka & Goa region.
The showroom was inaugurated on Saturday, 4:30 PM, by cine actress Srinidhi Shetty, in the presence of Filsor Babu, Regional Head – Karnataka, of senior leadership from Malabar Gold & Diamonds, guests, and members of the local community.
The KR Puram showroom has been designed to offer a structured and comfortable retail environment, with a layout that supports easy navigation, clear product display, and personalised customer assistance. Developed in line with Malabar Gold & Diamonds’ global retail standards, the showroom brings together an extensive range of jewellery across gold, diamonds, platinum, and precious gemstones, addressing both traditional and contemporary preferences. Additionally, Malabar Gold & Diamonds is offering customers special exclusive offers. These include up to 40% off on making charges of all gold, uncut, and gemstone jewellery, up to 30% off on diamond value, this offer valid till 31st March, 2026, Free silver coin with Akshaya Tritiya booking at 10% onwards, 0% deduction on old gold exchange, sell your old gold to get maximum cash value & assured same-day payment (*T&C Apply)
The showroom showcases a comprehensive assortment spanning bridal jewellery, occasion-led collections, festive wear, everyday designs, and contemporary styles. Signature collections across diamonds, uncut diamonds, gemstones, handcrafted gold, and polki jewellery are available, reflecting a balance between craftsmanship, design detailing, and evolving customer preferences.
Commenting on the launch, M. P. Ahammad, Chairman, Malabar Group, said:

“Bengaluru is a market where jewellery buying spans both everyday use and occasion-led purchases, with a clear focus on design, quality, and ease of experience. KR Puram has seen steady residential growth, and this showroom allows us to serve that demand with wider collections and a retail environment that is structured, accessible, and consistent.”
Customers visiting the showroom will benefit from Malabar Gold & Diamonds’ customer-first practices, including transparent pricing, detailed product disclosure, HUID-compliant gold, certified diamonds, and the One India One Gold Rate policy, ensuring uniform gold pricing across the country.
With this launch, Malabar Gold & Diamonds continues to deepen its presence across Bengaluru’s expanding neighbourhoods, aligning its retail format to local buying behaviour while maintaining consistent standards of quality, transparency, and service.
National News
Govt Extends Compliance Timelines for Gems & Jewellery Sector by 30 Days
Re-Export Timelines Extended and Procedural Relaxations Introduced To Support Exporters Facing Geopolitical Challenges
In response to geopolitical disruptions impacting global trade and logistics, the government has announced a one-time procedural relaxation for the gems & jewellery sector.
The re-export period for imported diamonds sent for certification/grading has been extended to 120 days from 90 days. Additionally, the timeline for re-import of gems and jewellery exported for overseas exhibitions has been increased by 30 days beyond the existing limit.
The export period for Foreign Buyer supplies has also been extended to 120 days, according to the Directorate General of Foreign Trade. Further, timelines under replenishment, outright purchase, and loan basis exports have been enhanced.
These measures aim to ease compliance requirements, reduce procedural stress, and ensure smoother export transactions amid delays caused by the ongoing West Asia conflict.
Importantly, exporters will not be required to file separate applications, nor pay any amendment or composition fees to avail this relief. Customs authorities have been directed to facilitate transactions subject to verification, ensuring business continuity and greater certainty for trade.

In response to geopolitical tensions in West Asia, the Directorate General of Foreign Trade (DGFT) has introduced facilitative provisions under HBP-2023, extending export and import timelines for the gems and jewellery sector by 30 days without requiring any fees or applications.
Key changes include extending the re-export period for diamonds sent for certification/grading from 90 to 120 days, along with similar relief for exports involving precious metals supplied by foreign buyers. Timelines have also been eased for the re-import of jewellery from overseas exhibitions and exports under replenishment, outright purchase, and loan schemes.
The one-time relaxation aims to ensure smooth transaction completion, reduce logistical disruptions, and maintain continuity in trade flows. Exporters can avail of the extension without filing fresh applications or paying additional charges, while customs authorities will process transactions after necessary verification.
Industry stakeholders attribute the disruptions to recent geopolitical tensions, including the US-Israel attack on Iran, which has impacted air and sea routes across the Middle East.
Welcoming the move, former Gems and Jewellery Export Promotion Council (GJEPC) chairman Colin Shah said the extension offers timely relief to exporters facing shipment challenges, expressing hope for improved conditions soon.
-
International News15 minutes agoInstappraise & NAJA Tie Up: Third Scholarship Unlocks appraisal Mastery For Global Pros
-
GlamBuzz1 day agoDiamonds Shine Bright At Women In Entertainment Night With De Beers
-
International News2 hours agoHQLA.Gold -A New Website From The World Gold Council and The London Bullion Market Association
-
Appointment1 hour agoJillian Wolk Named CEO of De Beers’ Tracr


