The sanctions on Russian diamonds, which have been in effect since Russia invaded Ukraine last year, has Indian diamond traders “too worried about volatile currency exchanges...
Russia’s invasion of Ukraine is fracturing a billion-dollar trade that spans the permafrost-laden diamond mines of Siberia, secretive trade houses in Antwerp, dusty polishing powerhouses in...
The Russia-Ukraine conflict may lead to job losses in Surat, India’s diamond-cutting and polishing hub, because the global sanctions on Moscow could affect sourcing of rough...
Alrosa, Russia’s partly state-owned mining giant that alone accounts for nearly 30% of global diamond output and is a major supplier to India, has told gems...
India’s diamond trade is facing a shortage of rough diamonds worth $350-500 million ahead of the upcoming holiday season sales in the overseas markets, said industry...
October 15 (ANI): Prices of polished diamonds, especially those below 30 cents and one carat have risen by 10-25 per cent, according to diamond traders in Surat....
India’s super rich are rushing to grab an Argyle pink diamond before the primary source of rarest pink diamonds in the world for the last four...
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...
India’s gem and jewellery exports plunged nearly 84% year-on-year in April-May owing to the trade disruption caused by Covid-19 while the fall in exports of cut...
Indian traders who buy rough diamonds from Russian mining major ALROSA have something to cheer about. Russian banks have started granting loans to ALROSA’s foreign clients...
India is the world’s largest cutting and polishing center of rough diamonds, is facing an employment crisis. Due to the slowdown in demand for diamonds in...
A delegation from the African country of Botswana Tuesday held a meeting with diamond traders and manufacturers at the Surat Diamond Association office in Varachha and...
India’s $23 billion diamond industry accounts for over one-third of its gems and jewellery trade, making up seven percent of the country’s Gross Domestic Product (GDP)....
On February 6, a highly reputed Mumbai based diamond trading company sold a 4.51 carat round shaped diamond worth Rs 8 lakh at a discount of...