G7 Delegates Visit India Ahead of Sanctions on Russia

G7 Delegates Visit India Ahead of Sanctions on Russia

G7 representatives have completed a fact-finding mission to explore how India's diamond industry can comply with forthcoming sanctions on Russian stones. They aim to cause "minimal or no disruption to the sector", according to a...
Another Blow for Israel's Diamond Trade

Another Blow for Israel’s Diamond Trade

Israel's diamond trade suffered another blow in August, with rough imports down 69 per cent year-on-year and rough exports down by 80 per cent. The figures were significantly worse than July, when imports and exports...
Malabar Gold & Diamonds opens its Centralized Base of India Operations, Malabar National Hub (M-NH) in Mumbai

Malabar Gold & Diamonds opens its Centralized Base of India Operations, Malabar National Hub...

Inaugurated by Shri Devendra Fadnavis, Hon'ble Deputy CM of Maharashtra Located at the Maharashtra Industrial Development Complex (MIDC) in Andheri East, Mumbai The 50,000 sq. ft. centralized hub brings together retail, procurement supply...
Call for Two-Month Diamond Import Ban in India

Call for Two-Month Diamond Import Ban in India

Industry leaders in India are calling for a voluntary two-month ban on all rough diamond imports, to "better manage the balance between demand and supply". They say exports were down by 25 per cent in...
IGI D Show To Commence on 27th September in Chennai

IGI D Show To Commence on 27th September in Chennai

The 16th edition IGI D Show, an exclusive diamond exhibition, offers a unique opportunity for industry professionals to connect, discover new trends, and engage in productive B2B interactions. The IGI D Show will have...
US and Hong Kong Lead Rise in Swiss Watch Sales

US and Hong Kong Lead Rise in Swiss Watch Sales

Sales of Swiss watches were up by 3.5 per cent in August, with the USA and Hong Kong leading the recovery. The Federation of the Swiss Watch Industry Exports said the increase "confirms the normalisation...
India Welcomes Alrosa's Suspension of Rough Sales

India Welcomes Alrosa’s Suspension of Rough Sales

Alrosa's suspension of rough sale has been welcomed by India's GJEPC (Gem and Jewellery Export Promotion Council) as a positive move to combat overstocking. Russia's state-controlled diamond miner last week confirmed that it had cancelled...
Vaibhav Jewellers Files IPO, Unveils Robust Expansion Plan

Vaibhav Jewellers Files IPO, Unveils Robust Expansion Plan

Manoj Vaibhav Gems ‘N’ Jewellers, better known as Vaibhav Jewellers, a leading regional jewellery brand in South India, has filed for an initial public offering (IPO) to raise ₹270.20 crore. The company plans to...
Plenty of Room for Growth in China, says De Beers

Plenty of Room for Growth in China, says De Beers

Long-term demand for diamonds will increase in China, says De Beers, despite a slow recovery from Covid lockdowns and a decade of declining marriage numbers. The bigger picture is that consumers in China currently account...
Lily Dazzles in New Natural Diamond Ads

Lily Dazzles in New Natural Diamond Ads

British actress Lily James is again promoting the beauty of natural diamonds in a new global ad campaign. She features in the second instalment of To Treasure Now and Forever, by the New York-based Natural...

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LVMH Watch Chief Signals Jean Arnault as Strong Successor Candidate

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