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DIAMOND MERCHANTS ASSOCIATION
India allays gems & jewellery industry’s concerns: No double checks on diamond exports to G7Officials said that there will be no double checks on India’s export of cut and polished diamonds as the country uses diamonds coming via A...- Indian diamond industry to resume rough diamond imports from December 15The suspension was collectively taken by the Gems and Jewellery Export Promotion Council (GJEPC), Bharat Diamond Bourse, Mumbai Diamond Mer...
- GJEPC reaffirms commitment to facilitating co-operation to address G7's concernsThe Gem & Jewellery Export Promotion Council (GJEPC) has stated its commitment to addressing the G7's concerns regarding industry complianc...
- Indian traders to stop rough diamond imports for 2 months as demand dipsThe Indian diamond trade has decided to halt imports of rough diamonds from major mining companies for two months starting from October 15....
- With demand declining, India's diamond companies slash imports to keep prices stableMore than 2,000 large and small firms in India - where 14 out of 15 stones are polished - have joined hands, acting on advisories issued by...
- Rough diamond import may be curtailed as pandemic stalls tradeIndia’s gross import of rough diamonds had declined by 13.43% to $12.39 billion between April 2019 and February 2020 from a year earlier.
- Synthetic diamond trading from FY21Synthetic diamond trading is expected to begin on Bharat Diamond Bourse in FY21.
- Synthetic diamond trading from FY21A committee has been set up by the Gem & Jewellery Export Promotion Council
- MDMA seeks to generate over Rs 500 crore new businessSanjay Shah, MD of Nine Diamonds and a Member of MDMA said that post demonetisation, gold and diamond business suffered a setback.
- Bullion market remain indefinitely closedBullion market indefinitely closed in response to call by Madras Jewellers and Diamond Merchants Association to continue the strike on the ...
- Falling rupee hits gem and jewellery tradeThe depreciating rupee has been posing as a major threat to the $45 billion industry that imports rough stones in dollars from foreign coun...
- China frees 13 Indians from jail, Narendra Modi claims creditThirteen of the 22 Indian diamond merchants and workers languishing in Chinese jails for nearly two years will be returning home.
- Mumbai blasts: 25 diamonds found at Opera House siteSources said that the Mumbai police have now asked the diamond merchants association to hand over 25 diamonds recovered from the blast site.
- Mumbai Terror Attacks: They used tarpaulins to carry injuredWe gathered them up in loose tarpaulin sheets that had been hung over the food stalls owing to the rain, and bundled them into taxis.
- Mumbai terror attacks: Diamonds worth Rs 25 crore went flying in the airA rough estimate shows that diamonds worth Rs 25 crore flew into the air at the time of the blast.
- Mumbai Terror Attacks: Diamonds worth Rs 25 crore went flying in the airMany workers, who knew that at least a few precious gems would be scattered in nooks and crevices, came to hunt for them.
- Indian diamond traders find a friend in ChinaIt's not yet clear if China can lead the world out of recession, but the Asian giant is certainly helping Indian diamond traders out of the...
- Diamonds lose their lustre, forcing layoffs in IndiaIndia's diamond biz shed 50% labour force as export dry with crisis crippling demand.
- Diamond traders' defaults may touch Rs 100 cr this DiwaliThe sudden spurt in the default cases by traders and merchants in the last 2 months is likely to upset the festive spirits of the industry....
- Defaults soar in diamond sector ahead of DiwaliA sudden spurt in the default by the traders and merchants in the past two months is likely to dampen the festive spirits of the diamond in...
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