In this year’s Union Budget, India’s capital gains tax rules for gold and other non-financial assets underwent a significant overhaul. Effective…
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Month: October 2024
Boston-based RR Auction recently concluded its “Space Auction,” with lots including multiple watches with historic ties to space missions, such…
The Ministry of Finance’s Department of Revenue has issued a notification waiving customs duties on “Simply Sawn Diamonds” imported between…
India’s direct-to-consumer (D2C) jewellery sector has attracted $103 million in funding in 2023, according to recent data from market intelligence…
Students enrolled in Gemological Science International’s (GSI) Colored Stone Professional (CSP) programme recently visited Sri Lanka’s Elahera Gem Mine as…
In a large-scale operation named “Operation Torre del Oro,” the Kerala Goods and Services Tax (GST) department recently conducted extensive…
De Beers Group has announced an expansion of its diamond traceability initiatives, revealing plans to provide specific country of origin…
Malabar Gold and Diamonds has opened its flagship showroom in Los Angeles, marking its fifth location in the USA and…
Russia’s Finance Ministry is reportedly evaluating the potential acquisition of additional rough diamonds from state-controlled Alrosa in 2025, with the…
Fabergé has introduced two new items as part of its collaboration with the James Bond franchise, marking the 60th anniversary…
De Beers has announced plans to reduce the number of sightholders in its next supply agreement, which will take effect…
The Gem and Jewellery Export Promotion Council (GJEPC), India’s trade body for the gem and jewellery industry, has announced new…
Diamond manufacturer Dimexon has achieved the Zero Waste to Landfill (ZWL) certification for its manufacturing facility in Coimbatore, India. The certification,…
Indian fine jewellery retailer GIVA has raised Rs 255 crore ($30.4 million) in an extended Series B funding round. This financing…
The Gem & Jewellery Export Promotion Council (GJEPC) of India is targeting a 20% increase in exports to the United…
Moses Madondo, CEO of De Beers Group Managed Operations, recently shared his opinion that the global supply of natural diamonds…
Gemological Science International (GSI) and Dr. Homi Bhabha State University in Mumbai have signed a Memorandum of Understanding (MoU) aimed…
Diamond prices continued to decline in September as an oversupply in the market pressured prices downward, according to the latest…
The Uttar Pradesh Government has approved the construction of a new multi-storey jewellery factory complex in Ved Vyas Puri, Meerut.…
The World Federation of Diamond Bourses (WFDB) has announced the relaunch of the global B2B diamond marketplace, GET-Diamonds.com. The platform…
The 12th edition of the Delhi Jewellery & Gem Fair (DJGF), organised by Informa Markets in India, concluded successfully at…
Rio Tinto has launched its 2024 Beyond Rare Tender – collection of 48 diamonds including seven historical diamonds, referred to…
The Responsible Jewellery Council (RJC) Board has approved a revised definition for recycled materials at its most recent board meeting…
According to a new report by CRISIL ratings, India’s natural diamond polishing industry is projected to see revenues fall by…