Diamond houses in India are facing scrutiny under the new sanctions regime that began on March 1 to block Russian gems from affluent wester...

Trade sources told ET there was a glimmer of hope following a meeting last week between a US government official and the country’s leading ...

The European Union on Wednesday imposed sanctions on Russia's state-run diamond giant Alrosa and its CEO as part of a ban on imports of the...

Officials said that there will be no double checks on India’s export of cut and polished diamonds as the country uses diamonds coming via A...

"We had engaged with the G7 to discuss such sanctions and their implementation. We have reservations on the timelines announced for the imp...

The G-7 said it will continue to consult with diamond-producing and manufacturing countries on how to design and implement the tracing syst...

The Indian diamond trade is hopeful for a better deal with the US following President Joe Biden's attendance at the G20 Summit. The US has ...

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

Due to shortage of supply of small-size rough diamonds from Russia, businessmen in Gujarat are forced to buy the raw material from African ...

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 ...

The Kimberley Process, set up in 2003, is an 85-nation body that certifies rough diamond exports and monitors members' implementation of re...

The issue will be discussed when Modi meets Russian President Vladimir Putin when the two meet in Goa on Saturday at the 17th edition of th...

Talking to ET, Mavji Patel, managing director, Kiran Gems, said, “There may be some impact on rough diamond prices if Russia steps up its e...

Russia, facing global sanctions over Ukraine, has the opportunity to help India emerge as a key diamond-trading hub and an alternative to E...

If the deal goes through, it will pave the way for the Indian diamond industry to get stones directly from Russia, cutting out the middleme...

India, the world's largest diamond-processing nation and Russia, the world's largest rough diamond producer, have decided to share data on ...

The government is planning to form joint ventures in countries such as Canada, Russia and in Africa to get a steady supply of rough diamond...