On 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...

As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny ...

Ukraine has removed Shree Ramkrishna Exports (SRK), one of the world's largest diamond producers, from its list of international sponsors o...

The communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...

India has asked the U.S. to allow the release of $26 million belonging to at least two Indian diamond firms that was frozen due to their al...

India has requested the US to release $26 million frozen by the Office of Foreign Assets Control (OFAC) due to alleged trade links with san...

Offshore subsidiaries of Indian diamond merchants have had fund transfers worth almost $26m frozen after US authorities claimed the rough d...

Recession is not the only factor that has brought down exports of diamonds to the US from India, which is said to cut and polish nine out o...

Cutting and polishing of rough diamonds have seen a decline in Surat following the US sanctions on Russian miner Alrosa, imposed over Russi...

“We have been hearing from different sources that there will be fresh sanctions and it will start with large diamonds,” Gem & Jewellery Exp...

About a week ago, officials of the US State Department and European Union (EU) alerted leading diamantaires and jewellers in Mumbai that pl...

There’s a handful of Indian and Belgian buyers who are snapping up large volumes at lucrative terms, getting to pick and choose the diamond...

Working hours have been reduced to eight hours from 12 and units have declared two days off weekly, which is having a bearing on the wages ...

A bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of...

At present, all diamond purchases are done in US dollars and the government is trying to use other currencies for trading with countries th...

We will spend a lot of money along with retailers and polished diamond producers on marketing to drive demand for this special stone.

While Russia could face more severe sanctions as the situation in East Ukraine remains tense, Morgan Stanley analysts rule out diamonds fro...