The Central Consumer Protection Authority (CCPA) highlighted issues like misleading terminology and inadequate disclosure practices in the diamond sector. The new guidelines will mandate clear labelling,...
Indicators such as a 11.32% rise in cut and polished diamond exports, along with increases in gold jewellery and lab-grown diamond exports, accounted for the positive...
Cook highlights De Beers’ long-term investments in technology and sustainability as crucial factors driving ongoing growth in the sector Mumbai: Despite the challenges faced in 2023,...
As demand for gold increases due to a much-favoured customs duty, this development has shifted attention from studded diamond, hampering its sales Mumbai: The reduction in...
State-controlled Russian diamond producer Alrosa (ALRS.MM) on Thursday said recovering sales helped it to more than triple third-quarter net profit to 25 billion roubles ($354 million)....
The diamond industry’s collapse last year left the biggest producers with billions of dollars of uncut gems stashed away in safes. Now, in a matter of...
By Suneeta Kaul The COVID-19 pandemic, which devastated the economy and disrupted almost all sectors, literally took the shine out of India’s $ 24-billion diamond industry....
The resurgence came in the same week that Tiffany said its monthly jewellery sales improved, adding to optimism the entire industry is rebounding For the past...
Optimism of a rebound will bring relief to a supply chain that’s been paralysed since the pandemic hit London FOR the past six months, the global...
Industry bodies hope to allay fears of job losses and uncertain future Surat’s diamond industry fears that its worst nightmare will come true. Ahead of the...