Demand for diamonds hit in key consuming markets but India performing well: De Beers’ Paul RowleyLower disposable income is affecting the demand for diamond jewellery in key consumer markets. De Beers expects the situation to improve on...
GJEPC’s international jewellery show expects to generate business of Rs 60,000 croreThe sector has been facing a dent in the midst of global headwinds, and anticipates a decline of 10-15% in exports this financial year.
Gems, jewellery exports likely to improve in second half of FY24, says GJPEC"Global geopolitical situation affected exports last fiscal. We are expecting the exports to improve in the second half of this year follow...
De Beers, Alrosa pin hopes on rough diamond sales for recovery“The demand we have seen for our rough diamonds during the start of 2021 have been in line with expectations,” Paul Rowley, executive vice ...
13 Indian banks lost out on 40 million pounds in Force India sale: BidderThe administrators, however, insist they oversaw a "fair and transparent bidding process" in Force India sale.
Global demand for diamonds is forecast to grow at 4-5 per cent: Paul Rowley, EVP DeBeersBecause of the US economic recovery and continued growth in China and India. DeBeers produces around 33% of the world’s rough diamonds by v...