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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
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
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% …
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…
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
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,…
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. …
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…
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
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
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…
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…
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…
US sanctions against Russian mining giant Alrosa did little to dent the $79 billion global diamond industry now Biden is banning all diamond imports from the country
The Biden administration banned imports of Russian diamonds in a series of new sanctions, but many …
Hannah Towey
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…
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…
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…
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
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
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…