Young consumers often cite 'sustainability' and 'environmentally friendly practices' as their motivation for purchasing lab-created diamond jewellery; however, recent media reports have raised concerns about these claims.
The entire SDB megastructure comprises of nine 15-storey towers, which house a total of around 4,700 offices. The project will add 150,000 more jobs in Surat's diamond industry, Prime Minister Modi said.
The opening event, which is scheduled for December 17 and will be presided over by Prime Minister Narendra Modi, will represent a critical turning point in the city's dedication to excellence in the diamond sector.
Companies leading in the Diamond Market are KGK Group (China), De Beers (Canada), Rio Tinto (U.K.), Arctic Canadian Diamond Company Ltd. (Canada), Petra...
The Russian government has accused Western countries of undermining the Kimberley Process Certification Scheme (KPCS) in a bid to further politicise the diamond industry.
The ongoing Israel-Hamas conflict is not expected to have a significant impact on global supplies, according to the commerce ministry. However, concerns remain about potential escalation and its effect on the gems and jewellery trade between India and Israel, which totaled $2.04 billion in 2022-23.
The diamond industry finds itself in a period of great change. ROBERT BOUQUET questions whether this is a fleeting phase or a moment of significant transformation.
India urges US to release $26 million tied to alleged sanctions-linked diamond trade. OFAC freeze affects Indian firms dealing with Russian major Alrosa