-
India sells nearly $10 billion worth of gems and jewellery to the US annually
-
India’s gems and jewellery industry is bracing for impact and so is the agriculture sector in the near-term, with the possibility of re-routing.
-
Chinese scientists create artificial diamond with hexagonal structure, harder and more heat-resistant than natural diamonds, paving the way for industrial applications and potential use in jewellery.
-
From classic solitaires that radiate elegance to bold statement pieces that enhance any outfit, lab-grown diamonds offer versatility and beauty at an affordable price. Created in controlled environments, they have the same physical and optical properties as mined diamonds, making them virtually indistinguishable. Here’s how you can lift your festive spirit with these stunning diamonds.
-
With a growing economy and a rising middle class segment, demand for ‘natural’ or mined diamond jewellery from Indian consumers has surged in recent times to 11 percent of global demand, Tata group firm said in the filing
-
International Gemmological Institute (IGI), a certification provider for lab grown and natural diamonds, was acquired by Blackstone in May 2023 for around $550 million from Chinese investment firm Fosun and Roland Lowrie of the founding family.
-
Kiran Gems has decided to send its 50,000 workforce on a vacation, scheduled from August 17-27.
-
A recent study revealed that there could be a thick layer of Diamonds under the mercury surface, according to Live Science. This study is published in Nature Communication on June 14. According to this study, the layer of the diamond is around 9 miles thick, with no chance of mining.
-
In 2024, diamond prices have declined by 6% according to Zimnisky’s global rough diamond index. The diamond prices hit a 14-year low in Mid Dec 2023 but have improved slightly since then. From economic uncertainty in the US to young couples who prefer lab-grown diamonds over natural diamonds, find out the five reasons why diamond prices are falling. Watch.
-
The writing is on the wall, demand for natural diamonds is coming down dramatically
-
ORRA’s revenue jumped by 82% to Rs 950.9 crore in FY23, from a revenue of Rs 522.9 crore in the previous financial year, as per a report by ICRA. In the first nine months of FY24, the jewellery retailer reported a revenue of Rs 879 crore.
-
The US and China, the primary diamond-consuming markets, together account for approximately 65 per cent of India's diamond exports.
-
On a broader basis, the conflict has caused only a negligible disruption in India's trade so far, it said in a note.
-
Commodity Corner | Here are the factors to keep in mind while purchasing diamonds and explore their potential as an investment. Join Manisha Gupta in a conversation with Amit Pratihari, Vice President of De Beers Forevermark, to gain insights into the trends in diamond jewellery during the ongoing festival season in India
-
For years, the diamond mining industry has marketed its gems as symbols of love and romance. Now, with the ability to produce diamonds in a laboratory at a significantly lower cost, one must wonder if this marks the future of the diamond industry. Notably, several well-established names in the field are now exploring the realm of lab-grown diamonds. To gain deeper insights into this transformation, join Manisha Gupta as she engages in a conversation with Lisa Mukhedar, the Founder and CEO of Aukera."
-
The rally in mid-cap and small-cap shares shows no signs of abating, but there are signs that it may soon turn out to be a race to the bottom
-
Marketers believe the challenge to De Beers is not limited to lab grown diamonds alone. It comes from the explosion of the entire luxury goods market where many products are competing for the wallet of the younger generation
-
Britain is also targeting an additional 86 people and companies from Russian President Vladimir Putin's military industrial complex, in addition those involved in energy, metals and shipping industries.
-
The Mumbai jeweller's diamond ring, costing Rs 6.42 crore, weighs 460.55 grams in gold and 130.19 carats in diamond.
-
Lucara Diamond Corp. is sinking an 800-meter (2,624-foot) shaft to ensure the kimberlite orebodies at its Karowe mine keep producing the 1,000-carat-plus gems that set it apart.
-
Firms have been unable to operationalise the Buxwaha mine due to tensions whipped up over issues like human displacement, environmental damage, loss of livelihood, and more.
-
The diamond prices have soared in the last one year. But that hasn't stopped Indian from purchasing the diamond jewelry. Indian markets in 2021 saw a 29% rise in purchase of diamonds and the trend seems to be continuing this year.
What factors should one keep in mind while exploring options to buy diamonds?
Can diamonds be good investment?
Moneycontrol's Manisha Gupta speaks with Shobha Shringhar's Snehal Choksey to bring you the perfect guide to buying diamonds this festive season.
-
Scientists expect the diamond to have formed after a collision between the dwarf planet and a large asteroid about 4.5 billion years ago.
-
Named "The Lulo Rose", it was recently discovered in Angola in Africa.
-
The idea of diamond rain was first introduced by Marvin Ross in 1981.
