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RUSSIAN ORIGIN DIAMONDS
Russia eyes Indian workers; deal likely during Putin's tripIndia and Russia are set to sign a mobility pact soon. This agreement will protect Indian workers in Russia. Russia seeks more Indian worke...
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...
US, European buyers begin asking for source of Indian diamond exportsIndian diamond exporters struggle with rising demands for source declarations from US and Europe, impacting market and exports. Geopolitica...
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...
Diamond traders in a fix as G7's Antwerp diktat comes into effectIndia's Gem and Jewellery Export Promotion Council (GJEPC) and global diamond trade bodies have raised concerns about the G7 bloc's demand ...
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...
EU adopts 12th package of sanctions against RussiaThe package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanct...
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...
GJEPC raises concern on G7 decision on imposing direct import curbs on Russian-origin diamondsOn Wednesday, G7 leaders decided to introduce import restrictions on non-industrial diamonds, mined, processed, or produced in Russia, by J...
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...
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...
Indian diamond traders explore non-US marketsRecession 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...
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...
India may lose Russian facet of diamond tradeAbout a week ago, officials of the US State Department and European Union (EU) alerted leading diamantaires and jewellers in Mumbai that pl...
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...
Gujarat's diamond industry hit hard by Russia-Ukraine warDue to shortage of supply of small-size rough diamonds from Russia, businessmen in Gujarat are forced to buy the raw material from African ...
Rapaport suspends all activity with Russian and Belarusian companiesRapNet — the world’s largest diamond trading network, with daily listings of 1.7 million polished diamonds valued at $8.7 billion — has imp...
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...