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You Searched For "India diamond imports" and got 20 results


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4 mins read

India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses

According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…

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2 mins read

Gold imports dip 4.23% to $12.64 billion in Apr-July 2024

In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…

PTI   


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4 mins read

Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI

India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…

PTI   


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2 mins read

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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3 mins read

Diamond polishing industry caught between lab grown rocks and economic slowdown

​​Diamond polishing industry is headed for turbulent times as revenues are expected to drop 30-35% …

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2 mins read

Diamond sales are back after miners froze the market to boost collapsing prices

Still, the industry isn't back on its feet as sales have been directed to a few buyers, and some of…

Aruni Soni   


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3 mins read

RBI firmly focused to bring down inflation to 4%: Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is firmly focused on bringin…

PTI   


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4 mins read

Indian diamantaires want to make lab-grown diamonds a woman’s best friend

India has always been a diamond polishing hub thanks to a vibrant small-scale industry driving it. …

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3 mins read

Diamantaires stand to lose a fifth of their revenues as roughs get dearer

The war in Ukraine has impacted the sourcing of rough diamonds across the world. While most of this…

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1 min read

Diamonds will now be cheaper, imitation jewellery and umbrellas costlier – here are the highlights on how Budget 2022 will impact imports

Diamonds will now be cheaper to purchase in India, while imitation jewellery and umbrellas are amo…

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2 mins read

Govt announces hike in basic customs duty on silver to 10% to check imports

The government on Wednesday announced increasing the basic customs duty on silver, both in dore and…

PTI   


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1 min read

IIT Madras to get ₹242 crore for R&D on lab grown diamonds

The research will be focused on driving indigenisation of the LGD manufacturing process. Pres…

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3 mins read

Will the historic India-EFTA trade pact make Swiss and other European products cheaper for Indians?

Swiss chocolates, Swiss watches and Mediterranean fruits have long captivated Indian consumers. The…

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3 mins read

Hannah Towey   


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3 mins read

An 8-year-old girl meant to inherit a $61 million diamond business in India has renounced her fortune to become a nun

Devanshi Sanghvi, 8, renounced worldly possessions and pleasures on Wednesday to become a nun under…

Matthew Loh   


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3 mins read

Not just jewellery, lab grown diamonds used in satellites, computer chips too

The global market for lab grown diamonds (LGD) that the Indian government has decided to focus on i…

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4 mins read

Jewellery brands deck up in hope of bumper festive sales ahead

The ongoing festive season, which comes after two years of COVID, has made gold, diamonds and plati…

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2 mins read

World’s largest diamond industry faces unemployment issue post import duty hike in India

The unemployment challenge comes in with a weak demand for diamonds in the global market due t…

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2 mins read

Tiffany & Co. bans new diamonds that were mined from Russia

The ban does not appear to impact current inventory, as well as diamonds that had already begun the…

Grace Kay   


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2 mins read

Americans' appetite for fish is helping fund the invasion of Ukraine — despite an import ban on Russian seafood

Due to food processing in China and loose country of origin labeling laws, Russian fish is still be…

Kelsey Vlamis