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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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TCS ties up with IIT Bombay to develop India's first sensing tool for semiconductor chip imaging

IT services major Tata Consultancy Services has entered into a partnership with the Indian Institut…

ANI   


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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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3 mins read

Another season of Heeramandi: The Diamond Bazaar is in the works! Dare we hope for more substance this time?

After climbing to Netflix's Top 10 TV (Non-English) list in a staggering 43 countries since its deb…

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1 min read

Unemployment the 'biggest curse' under Modi government: Congress president Kharge

Kharge accused the Modi government of using "dubious employment data for PR", and said no amount of…

PTI   


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Surat's journey from diamond capital to urban renewal role model

Surat, a city historically celebrated as a hub for textile and diamond trading in Southern Gujarat,…

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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

Diamond demand heads for a hard landing with ‘temporary disruption’ at play

Diamonds are forever, they say, but the love for bling is waning in different ways. Not only is dem…

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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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Diamond markets are tumbling because Americans love lab-grown stones

Demand for diamonds has plunged since the pandemic, but a key corner of the market is seeing partic…

Phil Rosen   


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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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ED seizes assets worth ₹293 crore of former chairman of Tamilnad Mercantile Bank

Incidentally, the three of the companies are unlisted entitites. The ED said Maran had inco…

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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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Hannah Towey   


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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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2 mins read

WBSSC scam: Rs 27.90 crore, 6 kg gold recovered from Arpita's house

The Enforcement Directorate has recovered Rs 27.90 crore and six kg gold from another house of Arpi…

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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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3 mins read

A 'major loophole' is allowing Russian seafood and diamonds to bypass US sanctions, causing retailers to enforce their own bans

Instead of taking advantage of the loophole, major jewelry retailers like Tiffany and Signet have c…

Hannah Towey   


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Coronavirus has brought the rapidly growing synthetic diamond market to a halt because of a supply-chain disruption

90% of mined diamonds and 99% of lab-grown diamonds are cut and processed in India, which had one o…

Shalini Nagarajan   


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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…