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CCPA to bring regulatory framework for diamond industry to protect consumers interest

CCPA to bring regulatory framework for diamond industry to protect consumers interest

Tue, Nov 19, 2024

The Central Consumer Protection Authority (CCPA) will soon release guidelines on diamond sector to ensure explicit labelling and certification of all diamonds and prohibit the use of misleading terms in trade.

How will be the demand for gold during festivals?

How will be the demand for gold during festivals?

Tue, Sep 17, 2024

Know the gold outlook from Ajoy Chawla of Titan's Jewelery Division, how will be the demand for gold during festivals? What is the outlook for diamond?

Lab-grown diamond company MDIL expands global footprint

Lab-grown diamond company MDIL expands global footprint

Mon, Aug 19, 2024

Mini Diamonds (India) Limited, established in the year 1987, is in the manufacturing, marketing, and sales of exquisite lab-grown diamond jewellery.

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Blackstone eyes $300 million IPO, says report

Blackstone eyes $300 million IPO, says report

Tue, Apr 02, 2024

Plans to list IGI are in the early stages and could change, the sources said. India's jewelry market was valued at $78 billion in 2021 and is a lucrative one for players like IGI.

Sheetal Diamonds plans to foray into retail sector

Sheetal Diamonds plans to foray into retail sector

Thu, Dec 28, 2023

The company has informed exchanges that its board of directors has approved the preferential issue of 83,25,000 equity shares.

India sees minimal trade disruption after G7 ban on Russian diamonds

India sees minimal trade disruption after G7 ban on Russian diamonds

Sat, Dec 16, 2023

India expects little disruption to its diamond industry from an incoming ban by G7 countries on Russian gems, a trade ministry official said, because the country mostly processes smaller Russian diamonds which will be less affected by the new restrictions.

India's diamond polishing industry revenue may drop 30-35% this fiscal: Crisil Ratings

India's diamond polishing industry revenue may drop 30-35% this fiscal: Crisil Ratings

Wed, Oct 18, 2023

India's diamond polishing industry will see its revenue drop by 30-35 per cent to USD 14-15 billion in current fiscal year on poor demand from the US, EU and China, rating agency Crisil said on Wednesday.

Planning to buy gold, diamonds or gems this festive season? Here are a few things to keep in mind

Planning to buy gold, diamonds or gems this festive season? Here are a few things to keep in mind

Tue, Oct 17, 2023

From assessing market trends to verifying the authenticity of your purchases, these insights will help you navigate the world of gold and gem trading with confidence.

India's export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra

India's export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra

Tue, Sep 26, 2023

In the first five months of the current fiscal, cut and polished diamond exports witnessed a sharp year-on-year decline of 31 per cent following lower export volumes and higher polished diamond prices, it said. Export of cut and polished diamonds has been on a declining trend since the first half of 2022-23, it added.

Cut and polished diamond export likely to decline 15% this fiscal: Report

Cut and polished diamond export likely to decline 15% this fiscal: Report

Thu, Aug 31, 2023

After a robust growth in the past two fiscals, exports of cut and polished diamonds saw a 32 per cent decline in the April-July period, according to a report.

Neeraj Chopra begins Diamond League title defence with a win in Doha

Neeraj Chopra begins Diamond League title defence with a win in Doha

Sat, May 06, 2023

The 25-year-old Chopra, who had pocketed the 2022 Diamond League Final trophy in Switzerland in September last, beat a star-studded field with a best throw of 88.67m to begin his season in style.

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Wed, Feb 01, 2023

In her budget speech, Finance Minister Nirmala Sitharaman said that India is a global leader in the cutting and polishing of natural diamonds, contributing about three-fourths of the global turnover by value.

Diamond jewellery see recovery in demand; Forevermark remains bullish in India market: De Beers

Diamond jewellery see recovery in demand; Forevermark remains bullish in India market: De Beers

Sat, Dec 12, 2020

Even as there was a complete shutdown of business in June quarter due to COVID-19 related disruptions, diamond jewellery witnessed sharp recovery from October onwards and the industry is expected to do 70-85 per of last year's sales, De Beers India Managing Director Sachin Jain has said

Govt extends time for duty-free import of diamonds sent for certification

Govt extends time for duty-free import of diamonds sent for certification

Mon, Jul 13, 2020

The government on Sunday said it has relaxed the deadline for re-import of cut and polished diamonds that have been sent abroad for certification and grading by three months in the wake of COVID-19 pandemic

Shine bright like a diamond!

Shine bright like a diamond!

Wed, Jun 10, 2020

Diamonds are a girl`s best friend. Buying your very first diamond ring is a priceless moment that you are probably going to cherish for a lifetime. No experience is complete without a selfie to go with it.

Gems, jewellery and diamond traders alert! Big boost for export sector coming soon from Modi government!

Gems, jewellery and diamond traders alert! Big boost for export sector coming soon from Modi government!

Fri, Dec 20, 2019

In a bid to give a push to export sector, PM Narendra Modi-led Central government is coming up with a new scheme - Nirvik.

Money Guru: How much of Gold can you keep at Home?

Money Guru: How much of Gold can you keep at Home?

Tue, Nov 05, 2019

How much of Gold can you keep at Home? Know from the segment of Money Guru.

Rare 302.37 carat emerald cut diamond is up for sale sans a price tag

Rare 302.37 carat emerald cut diamond is up for sale sans a price tag

Thu, Apr 11, 2019

The Graff Lesedi La Rona diamond is colourless - which increases its value further. The Gemological Institute of America has reportedly described the precious stone as the 'largest, highest clarity, highest colour diamond ever graded' by the organisation.

US government warns ads for lab-grown diamonds must be crystal clear

US government warns ads for lab-grown diamonds must be crystal clear

Wed, Apr 03, 2019

The U.S. Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies insisting that they distinguish in advertisements between diamonds that come from mines and those made in laboratories.

Valentine's Day special: Diamond or gold? This gift will leave a lasting impression on your loved one

Valentine's Day special: Diamond or gold? This gift will leave a lasting impression on your loved one

Thu, Feb 14, 2019

Interestingly, on this day, there is also huge demand for gold, jewelries and diamond, hence, it becomes very important to make sure your gift is wise and helpful in future as well.

Forget Gold! Soon, buy diamond at cheap prices - Check this interesting development

Forget Gold! Soon, buy diamond at cheap prices - Check this interesting development

Mon, Dec 03, 2018

Who doesn't want to own a diamond or diamond jewellery? It's a desire of all and a dream for many. However, in coming years, cheaper diamonds are coming to the market near you.

These premium roses last virtually forever; Check out new raging trend

These premium roses last virtually forever; Check out new raging trend

Fri, Apr 13, 2018

Due to the unique production and preservation techniques used, each long-lasting rose can cost upwards of Rs 2450, and as much as over Rs 4,000. While gift boxes of nine long-lasting roses, slightly smaller in size, can command a cool Rs 11, 500. Individuals who are collectors of fine things consider premium flowers as a sound investment that amplifies the beauty of a place.

Diamond is now fraudster's best friend! Nexus under scanner

Diamond is now fraudster's best friend! Nexus under scanner

Sun, Feb 18, 2018

Diamond trade has been often found to be a preferred route for money laundering like activities as the valuation process for such commodities is often very complex and prone to manipulations.

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