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Diamond
Diamantaires in India to see 25-27% decline in revenue in FY25: Report
The report attributed this decline to factors such as muted demand in key export markets like the US and China, a 10-15% drop in diamond prices due to oversupply, and a shift in consumer preference to lab-grown diamonds (LGDs).
25 September 2024, 16:59 IST
Diamantaires in India to see 25-27% decline in revenue in FY25: Report
25 September 2024, 16:59 IST
India's diamond sector faces severe crisis with factory closures, job losses: GTRI
According to the think tank data, a 24.5% drop in rough diamond imports from $18.5 billion in 2021-22 to $14 billion in 2023-024 shows weaker global markets and fewer processing orders.
18 September 2024, 08:00 IST
India's diamond sector faces severe crisis with factory closures, job losses: GTRI
18 September 2024, 08:00 IST
Govt announces Diamond Imprest Licence for gems, jewellery sector
This will provide a level playing field for Indian MSME diamond exporters with that of their larger peers.
11 August 2024, 10:39 IST
Govt announces Diamond Imprest Licence for gems, jewellery sector
11 August 2024, 10:39 IST
Madhya Pradesh man making Rs 300 a day finds diamond worth Rs 80 lakh
The man reportedly makes around Rs 300 each day from his work in the fields or from driving tractors for wealthy farmers in the state.
02 August 2024, 04:40 IST
Madhya Pradesh man making Rs 300 a day finds diamond worth Rs 80 lakh
02 August 2024, 04:40 IST
Budget game-changer for jewellery sector, a step closer to making India global diamond trading hub
The decision to reduce custom duties on gold and silver to 6% and that of platinum to 6.4% will enhance domestic value addition in gold and precious metal jewellery in the country, according to Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the sector.
23 July 2024, 13:27 IST
Budget game-changer for jewellery sector, a step closer to making India global diamond trading hub
23 July 2024, 13:27 IST
Chennai man recovers diamond jewel he 'accidentally' dumped in bin: Report
J Anthonysamy— a driver from Urbaser Sumeet led the search which also saw the involvement of sanitation workers.
22 July 2024, 11:09 IST
Chennai man recovers diamond jewel he 'accidentally' dumped in bin: Report
22 July 2024, 11:09 IST
Jewels by Preeti eyes 15 retail stores across India by year-end
This strategic expansion aims to capture a significant share in the offline market by providing last-mile connectivity and cater to the growing demand for trendy and timeless diamonds in India, the company said in a statement.
17 June 2024, 13:19 IST
Jewels by Preeti eyes 15 retail stores across India by year-end
17 June 2024, 13:19 IST
Gem & jewellery sector body seeks duty cuts on gold, cut & polished diamonds
India's gem and jewellery industry is dependent on imports for raw materials, including gold, diamonds, silver, and coloured gemstones.
21 January 2024, 06:30 IST
Gem & jewellery sector body seeks duty cuts on gold, cut & polished diamonds
21 January 2024, 06:30 IST
PM Modi inaugurates Surat Diamond Bourse, world's largest centre for international jewellery business
The Surat Diamond Bourse (SDB) building, the world's largest office complex with more than 67 lakh square feet of floor area, is located at Khajod village near Surat city.
17 December 2023, 06:22 IST
PM Modi inaugurates Surat Diamond Bourse, world's largest centre for international jewellery business
17 December 2023, 06:22 IST
All you need to know about world's biggest office set to open in Surat today
A new office complex that surpasses the Pentagon in size is set to officially open on Sunday in Surat, cementing the western Indian city’s ambitions to become the world’s diamond capital.
16 December 2023, 03:32 IST
All you need to know about world's biggest office set to open in Surat today
16 December 2023, 03:32 IST
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