Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.
Indian jewellers such as Gitanjali Gems, Malabar Gold and Kalyan Jewellers have opened stores abroad to limit the slump in sales.
India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.
'Today, saving lives needs to take precedence.'
Indian jewellery is widely prized for intricacy and craftsmanship.
Pacer Avesh Khan bagged four wickets as India scored an emphatic 82-run victory over Bangladesh in the Under-19 Tri-series One-day tournament opener, at the Jadavpur University campus ground in Salt Lake, Kolkata, on Friday.
Janhvi, Sara workout together... Ayushmann celebrates nine years of Vicky Donor...
Ajit Mishra answers reader queries on the stock market.
Rediff.com's Rajesh Karkera made an 11-day road voyage across some of South Asia's most deserted, challenging, terrain, always under the gaze of the sacred, dazzling Himalaya.
Subhash K Jha picks five unforgettable Hindi films that capture the inequality of the caste system.
The 49-year-old jeweller, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year, appeared via videolink for the remand hearing at Westminster Magistrates' Court in London.
Import segments which recorded negative growth include gold, silver, transport equipment, coal, fertiliser, machinery and machine tools. However, exports of oil seeds, coffee, rice, tobacco, spices, pharma, and chemicals reported positive growth in June.
Thailand, known for its coloured gemstones, is keen to make its presence felt in India, where the market is responding positively to gemstone-studded jewellery.
Pushpal Shinde now earns some Rs 50,000 a month.
Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.
The biggest bullion-importing bank in India plans to team up with jewellers for the first time to offer a gold deposit scheme, hoping ease of access and attractive interest rates will tempt people to part with their jewellery and relieve tight supplies.
The hottest buzz from the fashion and entertainment industry.
In a career spanning six decades, Chatterjee has acted in more than 300 films.
Mee Raqsam is an ode to fathers who guide their children to the path where dreams come true, notes Sukanya Verma.
To check rising current account deficit, the government has raised import duties and the Reserve Bank of India had imposed curbs on import of the yellow metal and also laid down various pre-conditions for inward shipments of the precious metal.
An inspired India registered their first win over the Netherlands in 18 years when they stunned the World Cup and Olympic silver medallists 3-2 in a high-voltage encounter to finish third in Pool B at the Hero Champions Trophy hockey tournament in Bhubaneswar on Tuesday.
These categories rank among India's top 10 export items by value.
A sightholder is a company on the Diamond Trading Company's list of authorised bulk purchasers of rough diamonds.
At nine-month high, current prices attractive; consumers want to cash in before a correction
The exports have shown a fall of 6% during the first 11 months of fiscal 2006-07.
Glimpses from the closing day of India International Jewellery Week.
Karthik's gem of a cameo got him 29 off 8 balls with two boundaries and three sixes -- the last of them which will be forever be etched in the memory.
Politics, favouritism and poor taste in cinema have contributed to embarrassing choices for the Oscar race in the past. This little gem from India needs the love, emotional and financial support from the government as well as the Indian film industry, argues Aseem Chhabra.
The short-term risk to our external balances stems from the yellow metal.
India's exports dipped deeper in the negative zone.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.
Demand will boom in the US and China, but exporters say it will be difficult for India to tap these markets.
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
Export sectors that showed positive growth last month included chemical, iron ore, electronics, marine products and pharmaceuticals. Decline in overall imports, including oil and gold, led to narrowing of trade deficit.
The Surat diamond industry is likely to face a loss of around Rs 8,000 crores in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts. Hong Kong is a major business hub for the Surat diamond industry, but schools and colleges have been closed there till the first week of March and even businesses are seeing a dip in view of the outbreak of the novel coronavirus.
Globally, the SME business is among the fifth and sixth positions for Adobe.
BCCI president Sourav Ganguly was among the first in the Indian sporting fraternity to take to Twitter to pay his tributes to Diego Maradona.
Anurag Kashyap's classic Black Friday is a must watch film.
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
