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...
09 Apr, 2024, 10.39 PM IST
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 ...
29 Feb, 2024, 11.47 PM IST
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...
20 Dec, 2023, 04.27 PM IST
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...
18 Dec, 2023, 11.03 PM IST
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...
16 Dec, 2023, 12.01 PM IST
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...
08 Dec, 2023, 11.03 AM IST
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...
07 Dec, 2023, 09.29 AM IST
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 (...
18 Oct, 2023, 08.16 PM IST
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...
03 Oct, 2023, 01.22 PM IST
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...
08 Aug, 2023, 12.16 AM IST
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...
07 Jun, 2023, 12.16 AM IST
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...
22 May, 2023, 11.35 PM IST
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...
31 Mar, 2023, 08.04 AM IST
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...
18 Sep, 2022, 06.11 AM IST
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 ...
12 Jun, 2022, 06.06 PM IST
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...
06 Apr, 2022, 08.17 PM IST
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...
05 Apr, 2022, 02.55 PM IST