New Delhi is concerned over Western ban on rough diamond imports from Russia, the world's biggest diamond producer and the biggest source o...

India's External Affairs Minister, S Jaishankar, has highlighted the government's concern over the ban on Russian-origin unpolished diamond...

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...

India has requested G7 countries to postpone the ban on Russian diamonds, citing unclear rules on tracing gem origins. As home to 90% of th...

The package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanct...

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...

The suspension was collectively taken by the Gems and Jewellery Export Promotion Council (GJEPC), Bharat Diamond Bourse, Mumbai Diamond Mer...

"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...

On the oil side, western nations have admitted that the impact of their $60 price cap on Russian crude oil has waned one year in, and the c...

As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny ...

India's diamond industry, heavily impacted by G7 sanctions on Russia, has received support from the African Diamond Producers Association (...

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

The diamond cutting and polishing hub of Surat, in Gujarat, is the world's largest centre for processing diamonds. It sources rough diamond...

A bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of...

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

While Russia could face more severe sanctions as the situation in East Ukraine remains tense, Morgan Stanley analysts rule out diamonds fro...