Diamond industry
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January 21, 2021, Thursday
Diamond sector to cap revenue loss at 20%; to clock $15 bn this fiscal
Recovery in key export markets and pent-up demand are likely to arrest the decline in revenue of the country's diamond industry
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December 05, 2020, Saturday
Angola invites Indian companies to invest in diamond mining, processing
Angola is the third largest producer of diamonds in Africa and has only explored 40 per cent of the diamond-rich territory within ...
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August 31, 2020, Monday
Cheaper diamonds bring life into the hidden world of gem trading
After refusing to budge on diamond prices during much of the pandemic, De Beers and Alrosa PJSC cut prices by 10%
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August 20, 2020, Thursday
Consumer sentiment for diamonds improving, to reach pre-Covid level by 2022
If the current economic trends continue at the same pace, the consumer demand is expected to return to the pre-coronavirus times ...
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August 14, 2020, Friday
India Coronavirus Dispatch: Non-experts must stop speculating on the virus
Surat diamond units reel under Covid, Delhi's well-planned battle, panic in Mumbai, which accounts for disproportionately high ...
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August 13, 2020, Thursday
Gems, jewellery exports slump 38% to $1.36 bn in July as Covid-19 bites
India's cut and polished diamond exports in July fell 39% from a year ago to $918.4 million, the Gems and Jewellery Export ...
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August 01, 2020, Saturday
More flexibility for Surat diamond, textile markets but with conditions
Restrictions were imposed on the functioning of the two sectors last month as Surat witnessed a sharp increase in Covid-19 cases ...
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July 31, 2020, Friday
Unlock 3.0: Surat diamond industry crawls back to work amid relaxed norms
Number of hours of operations extended from four to six; industry is estimated to be sitting with a rough diamond inventory of ...
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July 13, 2020, Monday
CBIC extends deadline for re-import of cut, polished diamonds by 3 months
The re-import in the extended period would be without payment of basic customs duty and integrated goods and services tax
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June 23, 2020, Tuesday
Diamond industry may extend voluntary ban on imports beyond June
The discontinuance of imports was aimed at stabilising prices, a motive that the industry seems to be achieving now
