Searched for
DIAMOND INDUSTRY NEWS
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...- Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
- After Lalit Modi's 'diamond digger' remark on Sushmita Sen, director Vikram Bhatt recalls dating Miss Universe while being broke: 'I didn't have money to even buy poison'Filmmaker Vikram Bhatt recently revealed he was financially struggling while dating Sushmita Sen, even struggling to afford basic items. He...
- Demand for cruises appears undimmed despite hantavirus and other onboard outbreaksDespite recent hantavirus and norovirus outbreaks on cruise ships, industry experts anticipate a record number of passengers this year. Man...
- Co-Founder of a popular $3 billion makeup brand renounces fortune to become a Catholic priestScott-Vincent Borba, co-founder of e.l.f. Cosmetics, found immense wealth and fame but felt empty. He is now giving away his fortune, inclu...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
- EU delays polished diamond traceability requirements to January 2026, easing pressure on Indian tradeThe EU delays implementing stringent traceability rules for polished diamond imports to January 2026, easing pressure on the Indian 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...
- Budget 2024: Gem and jewellery industry calls for reduction in import duties on gold, cut and polished diamondsUnion budget 2024: The Gem and Jewellery Export Promotion Council (GJEPC) has called on the Indian government to lower import duties on gol...
- A diamond is forever. Even lab-grown diamonds?As a growing number of consumers choose lab grown diamonds and a growing number of leading jewelers start using lab grown, the question is ...
- When fake news started a diamond rush in SuratSurat, Gujarat witnessed chaos when rumors spread about a trader throwing diamonds on the roads, resulting in a diamond rush. The rumors cl...
- War threatens to take sheen off Indian diamond industry, says CrisilSanctions imposed by the United States and European nations on Russia and, consequently, on Alrosa, Russia’s biggest diamond miner, will ha...
- Coronavirus: Surat diamond industry stares at Rs 8,000 cr lossThe Surat diamond industry is likely to face a loss of around Rs 8,000 crore in next two months as Hong Kong, which is a major export desti...
- Diamond industry’s torrid year set to continueThe diamond midstream, the industry’s link between African mines and jewelry stores in New York, London and Hong Kong, is being squeezed li...
- Diamond industry preps for a rough, rocky 2020There has been little good news this year.
- Standard Chartered reducing diamond exposure; lenders demand extra collateral from diamantairesBesides rough diamond stock, lenders ask for fixed assets, cash margin and claim on receivables for extending credit facilities.
- Antwerp Diamond Bank winds up loan portfolio, diamond dealers face loan droughtThe ADB was a source of finance for 80 years to the network of companies that trade, cut and polish in the Belgian port city.
- Union Budget 2012: Jewellers demand simple tax regime, abolition of gold ETFsVarious jewellery bodies have demanded a simplified tax regime and abolition of gold ETFs to lure customers in buying the precious metal.
- India second in polished diamonds export listIsrael, registering exports of USD 119.6 million, leads the pack compared to USD 106.4 million for India and USD 74.1 million for Belgium, ...
Load More
