2000 Crore Diamond Import Scam Busted In Mumbai, 4 Arrested
The Directorate of Revenue Intelligence (DRI) has busted an estimated Rs. 2,000-crore money laundering racket at the Bharat Diamond Bourse (BDB) in Mumbai and arrested four people, officials said on Friday.
The racket was unearthed...
ALROSA Increases Insurance Cover for the Group; Includes New Heads in the Policy
ALROSA recently entered into a new one-year insurance contract with the SOGAZ Group. The new insurance cover for ALROSA and its eight subsidiary companies amounts to RUB 674.8 billion – a figure which is...
Rio Tinto Unveils 2018 Argyle Pink Diamonds Tender Including Largest Vivid Pink Presented
Rio Tinto yesterday unveiled the 63 diamonds that will constitute the 2018 Argyle Pink Diamonds Tender, including the largest Vivid Pink diamond that has ever been presented since Argyle launched these tenders in 1984....
GJEPC’s Sustained Vigilance Aids Authorities in Unearthing Money Laundering Scam
The newspapers this morning contained reports of an import scam to the tune of Rs. 3000 crore and the arrest of four persons in this regard.
The Gem & Jewellery Export Promotion Council (GJEPC)...
WFDB Names New World Diamond Mark Chairman
The World Federation of Diamond Bourses (WFDB) has announced that former Dubai Diamond Exchange (DDE) president Peter Meeus will take over as head of its World Diamond Mark (WDM) programme.
Meeus is a diamond industry...
Gold Prices Subdued as Dollar Extends Rally
Gold prices were muted early Friday as the dollar extended gains from the previous session when strong US inflation data and trade war concerns boosted demand for the greenback.
FUNDAMENTALS
Spot gold was down about 0.1...
COLLECTION: Silver chains shine for Thomas Sabo AW18
For AW18, Thomas Sabo has launched a collection of sterling silver chains crafted in its hometown – Germany.
After the launch of its Charm Club at the beginning of the year, for the new collection...
GIA works with Princeton University on advanced diamond research
Scientists at Princeton University called on GIA’s expertise in gemmological research and the analysis of optical centres to evaluate how to use the unique properties of diamonds to create a highly secure communications network.
The...
GJEPC Delegation Makes Presentation to Parliamentary Standing Committee on Commerce
A delegation of The Gem & Jewellery Export Promotion Council made a presentation to the Department Related Parliamentary Standing Committee on Commerce which was looking into the “Impact of banking misappropriation on trade &...
Hot Diamonds re-structures team as it gears up for gold jewellery launch
The Hot Diamonds Group has re-structured its team and increased investment in independent sales staff in prepation for the launch of a gold jewellery line.
The new standalone collection, Hot Diamonds Gold, features 9ct gold...
Related articles
Zen Diamond Expands Mumbai Footprint with New Store in Borivali
Zen Diamond, the internationally renowned fine jewellery house, has unveiled its second store in Mumbai, strengthening its presence in one of India’s most dynamic...
U.S. Retail Sales Edge Up in March, But Tariff Uncertainty Dampens Momentum: NRF
After two consecutive months of declines, U.S. retail sales posted modest gains in March, according to the latest CNBC/NRF Retail Monitor, powered by Affinity...
Avira Diamonds Enters South Indian Market with Hyderabad Flagship Store
Avira Diamonds, a fast-growing lab-grown diamond jewellery brand, has marked its entry into South India with the launch of its inaugural store in Hyderabad....
GJEPC Delegation Highlights Urgency of Tariff Relief in Meeting with Shri Shaktikanta Das
In a significant move to safeguard India’s gem and jewellery exports, a high-level delegation from the Gem & Jewellery Export Promotion Council (GJEPC) met...
LVMH Watches & Jewellery Division Holds Steady with €2.48 Billion Revenue in Q1 2025
Luxury powerhouse LVMH Moët Hennessy Louis Vuitton reported stable performance in its Watches & Jewellery segment for the first quarter of 2025, with revenue...
- Advertisement -
