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RUSSIAN DIAMOND
Thousands of Surat workers are caught in Russia-West crossfireRussia-Ukraine war has impacted the diamond industry in Surat, Gujarat, leading to job losses and factory closures. Western sanctions on Ru...- EU defers ban on Russian diamonds by six monthsA few other relaxations, like ring-fencing old stocks, announced by the European Commission, the executive arm of the EU, would give a furt...
- Jaishankar raises India’s concerns over restrictions of Russian diamonds with BelgiumNew Delhi is concerned over Western ban on rough diamond imports from Russia, the world's biggest diamond producer and the biggest source o...
- Govt has taken up issue of ban on imports of Russian diamonds by EU, G7: S JaishankarIndia's External Affairs Minister, S Jaishankar, has highlighted the government's concern over the ban on Russian-origin unpolished diamond...
- US may allow 'self-certification', India, Africa resist EU diktatTrade sources told ET there was a glimmer of hope following a meeting last week between a US government official and the country’s leading ...
- India urges G7 to delay ban on Russian diamonds as rules lack clarityIndia has requested G7 countries to postpone the ban on Russian diamonds, citing unclear rules on tracing gem origins. As home to 90% of th...
- G7 decision on Russian-origin diamonds to have minimal disruption on India's trade: GovtThe G7 leaders have decided to introduce import restrictions on non-industrial diamonds, mined, processed, or produced in Russia, from Janu...
- G-7 to ban Russian diamonds starting next yearThe G-7 said it will continue to consult with diamond-producing and manufacturing countries on how to design and implement the tracing syst...
- G7 leaders may ban Russian diamonds, roll out steps to cap crude priceOn the oil side, western nations have admitted that the impact of their $60 price cap on Russian crude oil has waned one year in, and the c...
- African Diamond Producers Association opposes G7 diamond protocolIndia's diamond industry, heavily impacted by G7 sanctions on Russia, has received support from the African Diamond Producers Association (...
- G7 has no problem with India buying Russian diamond, but there's a catchThe communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...
- US freezes $26-m fund transfers by Indian diamantairesOffshore subsidiaries of Indian diamond merchants have had fund transfers worth almost $26m frozen after US authorities claimed the rough d...
- Surat on mind, gems body takes up Russia diamonds with USCutting and polishing of rough diamonds have seen a decline in Surat following the US sanctions on Russian miner Alrosa, imposed over Russi...
- Fresh sanctions on Russian diamonds put 1 million jobs at riskIndian diamond trade cuts and polishes 9 out of 10 diamonds available in the world and imports Russian diamonds from Alrosa, which accounts...
- Russia’s secret gem sales are dividing the diamond worldThere’s a handful of Indian and Belgian buyers who are snapping up large volumes at lucrative terms, getting to pick and choose the diamond...
- US lawmakers want India to restrict sale of Russian-origin diamondsA bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of...
- Diamond mining company Alrosa to offer zero buyout obligation to its clients despite demand revivalThe company will give its long-term clients an opportunity to request only the goods they need as the speed of the demand recovery varies a...
- Here's why the US doesn't want to ban Russian diamond importsWhile Russia could face more severe sanctions as the situation in East Ukraine remains tense, Morgan Stanley analysts rule out diamonds fro...
- India courts Russia’s Alrosa for steady supply of diamondsIndia has offered that state-run trading company MMTC could conclude a long-term agreement with Alrosa, a conglomerate of Russian diamond m...
- State-owned MMTC keen on buying stake in Russian diamond minerThe government has given green signal to state-run companies to pick up stake in Russian diamond major Alrosa.
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