Page 6 - Diamonds

Couples don't buy diamonds online the way they used to

The ring market on eBay has risen 58 per cent in the last five years

De Beers selling polished diamonds online

The service is available on membership, like any other business-to-business platform, to De Beers' customers, according to trade sources

World's largest uncut diamond heads to auction, a break with tradition

Large cut diamonds have fetched record prices on the block. In May, the Oppenheimer Blue, a 14.6-carat stone fetched a record $57.5 mn at auction

Sparkle back in Surat's diamond sector

Diamond polishers say that with global demand picking up and inventory down to one month, industry is seeing green shoots

Credit extension period to ease operational difficulties for diamond processors

RBI has allowed banks to extend credit period for exporters of precious ornaments over six months from date of shipments with a caveat