Diamonds offer higher returns in terms of investment compared to gold contrary to general perception, GIA said.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
Sumariwalla also said that the AFI is expecting at least 35 track and field athletes to take part in the Paris Olympics.
Since most banks have tightened lending to diamond merchants and others are about to do so, many medium and small diamond dealers are approaching large players for credit facility within the industry
Neeraj clinched his second consecutive Diamond League title on June 30 with a throw of 87.66m -- an effort that was not close to his best in recent past.
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
From massed band's 'Shankhnaad' to Navy's lilting 'Mission Chandrayaan', mellifluous tunes reverberated across the Raisina Hill in the heart of Delhi as India's rich heritage and towering accomplishments were celebrated during the Beating Retreat ceremony on Monday.
While we are sure Dips will make a style statement at the red carpet, Namrata Thakker presents some looks we think she should definitely consider for the starry event.
The US Commodity Futures Trading Commission is considering a proposal from the Rapaport Group to start the world's first diamond-futures contracts.
The 20-year-old Indian, who was competing in the season's Diamond League Series Finale just three days after winning Asian Games gold in Jakarta, sent the spear to a best distance of 85.73m to end at fourth position in the eight-man event.
India's exporters may be hard hit by the appreciation of rupee against dollar. But the rising value of rupee has cheered the diamond industry in the country.
If Sanjay Leela Bhansali could make Mumbai's Kamathipura sparkle in Gangubai Kathiawadi, Heera Mandi is bound to be drowned in glitter, observes Deepa Gahlot.
Hollywood turned to jewels by Chokshi.
The rough diamond of 236 carats was found at the jwaneng mine in Botswana and took 21 months to polish.
Diamond exporters are considering stopping the import of rough diamonds.
Revival hopes of the diamond industry have been dashed as gems and jewellery manufacturers feel that little help has been provided to them in the Interim Budget for 2009-10.
Surat is home to more than 3,000 large and small polishing companies.
Neeraj Chopra's preparatory camp in Switzerland gets ministry approval
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.
We present here some stunning photographs of diamonds.
We present here a list of 10 richest diamond mines in the world
Kenya's Faith Kipyegon shattered the women's mile World record, while compatriot Ferdinand Omanyala won the men's 100 metres in a photo finish at the Monaco Diamond League meeting on Friday.
Which one would you include as a must-have in your festive style list?
Malaika Arora took the ramp for Yaksi Deepthi Reddy and had us floored.
India is one of the five countries where instances have been found that trade accounts of diamond business are being used to launder illegal funds to the tune of millions of dollars, according to a report by a global financial crimes combating body.
'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'
In a well-planned operation, Chinese customs investigated the Rs 1000 crore-plus illegal diamond market being run by Indians, mostly Gujaratis. More than 50 people have come under the Customs net and according to sources in diamond market in Surat, some 33 merchants belongs to firms having headquarters in Surat and Mumbai.
At a condolence meeting, organised by the South Indian Artistes' Association for the late CM, Rajinikanth also recalled his strong statements against her during the 1996 assembly polls, which had "hurt" her.
Amelie Mauresmo beat Kim Clijsters 6-4, 7-6 in the Diamond Games final on Sunday.
The Surat Rough Diamond Sourcing (India) Ltd (SRDSIL), today seems to have run its course without reaching its objectives.
An international airport mulled by state govt in Surat will help to help boost business as well as tourism
Avinash Sable on Sunday became the first Indian track athlete to qualify for the 2024 Paris Olympics after finishing sixth in the Silesia Diamond League meet in Poland.
The Surat-based Indian Diamond Institute has taken the initiative to start the online service for verifying the diamond grading documents.
Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.
Apart from diamonds, platinum is also in high demand, thus replacing gold.
Diamond supply chain is controlled by a limited number of powerful businesses, and is also highly concentrated in a small number of locations around the world.
'The Congress is solely responsible for the situation that has arisen in Surat'
The CJI said there is an urgent need to emerge from the adjournment culture to a culture of professionalism.
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