A recent KPMG report predicted that by 2015, China's share of the global processing business would be 21.3 per cent to India's 49 per cent.
Global footwear and apparel player Adidas has announced that it will be bringing out a diamond-studded edition of shoes on the occasion of the 60th anniversary of its lifestyle brand 'Adidas Originals'.
Indian captain Mahendra Singh Dhoni and his team will felicitate World Chess champion Viswanathan Anand on the opening day of their first cricket Test against England, beginning in Chennai on December 11. Dhoni will present Anand with a one carat diamond ring, worth approximately Rs 5 lakh, at a function organised by the All India Chess Federation.
The gold coins will be sold in over 100 post offices in Delhi, Tamil Nadu, Maharashtra and Gujarat in the pilot phase, Minister for Communications and Information Technology A Raja said after launching the service. India Post launched the new service on Wednesday in association with the World Gold Council and the Anil Ambani Group's financial services firm Reliance Money.
Pink diamonds cost at least 20 times more than processed white diamonds and only 40 to 60 pieces are available worldwide, with each stone weighing 40 to 60 carat.
The spotlight is back on the hawala trade in diamonds.
From Lady Gaga's hair to Elton's custom jacket, there's something for everyone.
There is one billionaire for every three million people on the planet.
The All India Chess Federation on Thursday felicitated Grandmaster Viswanathan Anand for retaining the world chess championship title.
The Chanakya, a plush mall in central Delhi, is the city's latest magnet for luxury-lovers. Oozing with opulence, it is now also home to one of America's oldest luxury brands, one that helped make New York's Fifth Avenue an iconic thoroughfare. Tiffany and Co, the American jewellery giant that has been around since 1837, made its India debut here.
Many are turning to the lower end of the market among India's 1.2bn population where they expect rural incomes to be recession-proofed with government support.
Over three kg of gold, worth Rs 91 lakh, was seized on Sunday in two separate cases at Chennai and Kochi airports.
"Despite the marriage season being on, almost all gold ornament shops have reported a sharp fall in their sales," said P Satya Narayan Senapati, president, Berhampur Jewellery Association. At the peak of the marriage season, the gold trade in Behrampur reached around Rs 1 crore (Rs 10 million) per day earlier. Given the uptrend and volatility in the price of gold, there is scanty demand for the yellow metal and only need-based buying by the customers.
The cricket bat, adorned with 25-carat diamonds will be auctioned at Lord's on June 25 with the proceeds going to equally to all the 15 members of the winning team.
The Apple Watch may cost well over Rs 30,000 for the base model.
Boxer Amir Khan will donate a pair of 30,000 pounds ($47,007) shorts to the Peshawar school in Pakistan where 132 children were killed by Taliban gunmen earlier this week.
According to Reliance Money officials, the company offers 5 gm and 8 gm coins now but plans are in the offing to launch 0.5 gm, 1 gm and 2 gm coins, said
The creation is from jewellery designer Mouawad.
The gold-plated sarnie is essentially a cheese toastie.
De Beers, the world's premier source for rough diamonds, has painted an attractive picture for jewellery demand.
Gitanjali Group on Friday launched Diamond Price Index and Online Diamond Store ezeediamonds.com, to promote diamonds as an investment option.
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
The Kohinoor diamond, estimated to cost over $200 million (Rs 1,465 crore), was neither stolen nor "forcibly" taken by British rulers but given to East India Company by erstwhile rulers of Punjab
Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
China has emerged as the world's second-largest diamond polishing base with an annual export of over 3 million carats, or nearly $1 billion worth of diamond, a report said.
Though it would be wonderful for Indians to have the Kohinoor and Peacock Throne displayed in all its glory at the Red Fort, it seems unlikely that the British will part with the Kohinoor in a hurry.
And you have to be an Oscar nominee to be privileged enough to wear them.
Kanchi Shankaracharya Jayendra Saraswathi offered the crown costing Rs 1.5 crore.
A look at the world's first diamond and gold cricket ball, made with 2704 diamonds and 18 carat gold stitch.
The first and only set of tyres of this kind, the gold-plated tyres were developed by Z Tyres in Dubai.
Standard gold prices soared to unprecedented levels to touch Rs 8,215 per 10 grams, gaining Rs 65 on a single day, while the price of the 22 carat ornament gold rose to a record high of Rs 761 per gram.
As we prepare to return to the land of silver screens and samosa, Sukanya Verma looks at notable theatre moments in Hindi films.
A 26-year-old Dubai-based jeweller had bid over Rs 50 lakh for a gold trophy that Salman Khan auctioned at the Zee Cine Awards.
Official sources say that the finance ministry is aware of the possible spike in smuggling activity and has already asked intelligence agencies to tighten their vigilance and come down on the unofficial entry of gold into India.
But even the heaviest moneybag in the world can't buy it for his love because it is 50 light years away.
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