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Diamond houses hope to cut through slump in next four months

The trade that suffered a 30% drop in prices of natural stones and dealt with over 50% slide in lab-grown diamond (LGD) prices in the past one year, is in touch with global mining giants like DeBeers for marketing assistance after putting a temporary ban on imports.

China , India , Israel , Dinesh-lakhani , Colin-shah , Pooja-sheth-madhavan , Kirit-bhansali , Vipulbhai-shah , Gem-jewellery-export-promotion-council , Jewellery-export-promotion-council , Kiran-gems , Limelight-diamonds

Diamond houses hope to cut through slump in next four months, Retail News, ET Retail

The trade that suffered a 30% drop in prices of natural stones and dealt with over 50% slide in lab-grown diamond (LGD) prices in the past one year, is in touch with global mining giants like DeBeers for marketing assistance after putting a temporary ban on imports.

Israel , India , China , Vipulbhai-shah , Colin-shah , Kirit-bhansali , Dinesh-lakhani , Pooja-sheth-madhavan , Gem-jewellery-export-promotion-council , Jewellery-export-promotion-council , Kiran-gems , Limelight-diamonds

Diamond houses hope to cut through slump in next four months

The trade that suffered a 30% drop in prices of natural stones and dealt with over 50% slide in lab-grown diamond (LGD) prices in the past one year, is in touch with global mining giants like DeBeers for marketing assistance after putting a temporary ban on imports.

India , China , Israel , Dinesh-lakhani , Colin-shah , Vipulbhai-shah , Pooja-sheth-madhavan , Kirit-bhansali , Gem-jewellery-export-promotion-council , Jewellery-export-promotion-council , Kiran-gems , Limelight-diamonds

US froze $26m fund transfers by Indian diamantaires

The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury has frozen $26m on accounts belonging to the Indian jewellery...

Russia , Russian , Vipulbhai-shah , Ministry-of-commerce , Us-department-of-the-treasury , Gem-jewellery-export-promotion-council , Office-of-foreign-assets-control , Indian-embassy , Foreign-assets-control , Jewellery-export-promotion-council ,

US targets Indian jewelers over Russian diamond allegations

US targets Indian jewelers over Russian diamond allegations
europesun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from europesun.com Daily Mail and Mail on Sunday newspapers.

Moscow , Moskva , Russia , United-arab-emirates , Russian , Kirit-bhansali , Vipulbhai-shah , Indian-embassy , Jewellery-export-promotion-council , Ministry-of-commerce , Economic-times , Foreign-assets-control

US targets Indian jewelers over Russian diamond allegations

US targets Indian jewelers over Russian diamond allegations
middleeaststar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middleeaststar.com Daily Mail and Mail on Sunday newspapers.

United-arab-emirates , Russia , Moscow , Moskva , Russian , Kirit-bhansali , Vipulbhai-shah , Jewellery-export-promotion-council , Indian-embassy , Ministry-of-commerce , Economic-times , Foreign-assets-control

US Freezes $26-m Fund Transfers by Indian Diamantaires

The Office of Foreign Assets Control (OFAC), a US government arm, has, in the last couple of months, frozen about a dozen fund transfers worth nearly $26 million by multiple offshore firms belonging to Indian jewellers, for alleged import of rough diamonds mined in Russia.

Dubai , Dubayy , United-arab-emirates , Russia , United-states , Russian , American , Kirit-bhansali , Vipulbhai-shah , Dubai-multi-commodities-centre , Gem-jewellery-export-promotion-council , Office-of-foreign-assets-control

US freezes $26-m fund transfers by Indian diamantaires

Offshore subsidiaries of Indian diamond merchants have had fund transfers worth almost $26m frozen after US authorities claimed the rough diamonds were mined in Russia. The Office of Foreign Assets Control (OFAC) singled out UAE subsidiaries of Indian jewellers it claims have connected suppliers with Russian investors.

Dubai , Dubayy , United-arab-emirates , Russia , United-states , American , Russian , Vipulbhai-shah , Kirit-bhansali , Us-treasury-department , Gem-jewellery-export-promotion-council , Office-of-foreign-assets-control