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PRAVEEN SHANKAR PANDYA
Diamond exporters eye gains from US tax reformsGems and jewellery exports in the first seven months of the current fiscal fell 13.18 per cent in rupee terms.
Traders relook at ways to regain gold's lost sheenKolkata has been a leading centre for manufacturing fine designer gold jewellery.
Plain gold jewellery to Gulf takes a hitIn the first quarter of 2017-18, gold jewellery exports in value terms dropped by 41.67 per cent from a year ago to Rs 10,631.74 crore.
GST regime affects small diamond units in GujaratDamjibhai Mavani, secretary of Surat Diamond Association, said, “It will take at least a year to put things in order. This is the problem o...
GST fear grips gem exportersThe govt should provide unique numbers to diamond traders, says Gem & Jewellery Export Promotion Council.
Diamond traders ask miners to explore mining in IndiaThis is for the first time that the industry has approached diamond miners individually after Rio Tinto announced last year that it would c...
Diamonds may turn cheaperVijay Jain, CEO, ORRA, said :“At the consumer level, the negative impact of demonetisation is fading. Demand is a bit sluggish but better t...
Gems, jewellery exports likely to rise 10 per cent in FY17: GJEPCTotal exports witnessed 28.26 per cent growth at Rs 1.44 lakh crore during April-December 2016, compared to Rs 1.12 lakh crore in the corre...
ED suspects diamond trade of laundering scrapped notesDummy companies have been used to route cash from one account to another against fake bills to convert the notes thus garnered.
Jewellers claim 85-90% dip in domestic business, exports unaffectedThe situation is almost the same for jewellers across the country, whose businesses have come to a standstill since November 8 when the Rs ...
GJEPC proposes jewellery park near Mumbai“We have proposed to govt to allow goods on consignment basis for manufacturing purposes, thus creating more jobs for artisans in the count...
Strike called by jewellery traders set to halve gold exports this monthIndia had exported gold jewellery worth Rs 4,157.57 crore and gold medallions and coins worth Rs 2,491 crore in March 2015.
Rio Tinto, De Beers and other global miners to trade on Mumbai’s diamond centreRio Tinto, De Beers and Alrosa are among the major mining companies that have decided to participate in the Indian Diamond Trading Centre.
Diamond traders wary of price hike despite rough edgesState Bank of India, Bank of Baroda, Bank of India, Stanchart and IndusInd bank are some of the banks that have sizeable exposure to diamon...
Indian diamond industry gears up for global campaign with mining cosRio Tinto, De Beers, Dominion Diamond Corp, Petra Diamonds, etc. have formed an alliance to promote diamonds across the globe.
Europe terror vexes diamond traders as stocks pile upThe jewellery stock are piling up among retailers as people aren't interested in buying such stuff in the face of high alert at malls and s...
- Diamond India scours foreign shores for glitter
Supply concerns have led top diamond merchants to source the precious stone directly from mines outside India. Diamond India, promoted by 5...