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India allays gems & jewellery industry's concerns: No double checks on diamond exports to G7, ET Retail - Vimarsana News

India allays gems & jewellery industry's concerns: No double checks on diamond exports to G7, ET Retail

Gems & Jewellery: Officials said that there will be no double checks on India’s export of cut and polished diamonds as the country uses diamonds coming via Antwerp and other geographies, and not directly from Russia. G-7 will ban all imports of rough diamonds directly from Russia from January 1.

India allays gems & jewellery industry's concerns: No double checks on diamond exports to G7 - Vimarsana News

India allays gems & jewellery industry's concerns: No double checks on diamond exports to G7

Officials said that there will be no double checks on Indias export of cut and polished diamonds as the country uses diamonds coming via Antwerp and other geographies, and not directly from Russia. G-7 will ban all imports of rough diamonds directly from Russia from January 1.

Fishers group to DA chief: Withdraw family's reclamation project in Manila Bay - Vimarsana News

Fishers group to DA chief: Withdraw family's reclamation project in Manila Bay

Before he became DA chief, Tiu Laurel was involved in companies undertaking major reclamation projects in Bacoor, Cavite, says fisherfolk group Pamalakaya

diamond export: India's export of cut, polished diamonds may fall by 22 pc in FY24 on sluggish demand: Icra - Vimarsana News

diamond export: India's export of cut, polished diamonds may fall by 22 pc in FY24 on sluggish demand: Icra

India's export of cut and polished diamonds is expected to decline by 22% to USD 17.2 billion in the current fiscal year, according to rating agency Icra. The decline is attributed to weakened demand from key consuming nations such as the US and Europe, as well as limited demand from China. Additionally, competition from lab-grown diamonds and elevated prices of rough diamonds have further impacted exports.

India's export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra, ET Retail - Vimarsana News

India's export of cut, polished diamonds may fall by 22% in FY24 on sluggish demand: Icra, ET Retail

Diamond Export: India's export of cut and polished diamonds is expected to decline by 22% to USD 17.2 billion in the current fiscal year, according to rating agency Icra. The decline is attributed to weakened demand from key consuming nations such as the US and Europe, as well as limited demand from China. Additionally, competition from lab-grown diamonds and elevated prices of rough diamonds have further impacted exports.