New Delhi [India], February 1 (ANI): The Customs duty on cut and polished diamonds and gems to be reduced to 5 per cent, said Finance Minister Nirmala Sitharaman on Tuesday.
New Delhi [India], December 17 (ANI): Delhi Customs on Thursday seized a consignment of diamonds weighing 1,082-carat being sent to Hong Kong under the guise of 'plastic hot fix' in what was one of the largest seizures of polished diamonds at Air Cargo Export in the national capital.
Mumbai (Maharashtra) [India], July 23 (ANI/NewsVoir): IGP.com, one of India's largest multi-category gifting companies, has launched an exclusive collection of elegant and unique handcrafted rakhis, made of premium quality materials like Kundan, Polki, Silver, Pearls, Semi-precious stones, p
Ahmedabad (Gujarat) [India], June 27 (ANI): The demand for polished diamonds has increased due to the easing of COVID-19 curbs, but the units are not able to fully meet the demand as many of the workers have not returned after the lockdown, said diamond polishers in Ahmedabad.
Surat (Gujarat) [India], October 15 (ANI): Prices of polished diamonds, especially those below 30 cents and one carat have risen by 10-25 per cent, according to diamond traders in Surat.
Surat (Gujarat) [India], October 9 (ANI): Surat's diamond units have decided to take the shortest-ever Diwali break of five days in the wake of the increasing demand for polished diamonds from abroad, as they slowly attempt to recover from the outbreak of COVID-19 and the restrictions impose
Mumbai (Maharashtra) [India] October 7 (ANI/BusinessWire India): Diamond market sentiment improved in September as jewellers started to prepare for the fourth-quarter holiday season. Optimism was tempered by a continued rise in global Covid-19 cases and renewed government restrictions in
Mumbai (Maharashtra) [India], July 8 (ANI): The Gem & Jewellery Export Promotion Council (GJEPC) has urged the government to reduce polished diamond import duty from 7.5 to 2.5 per cent so that the country can emerge as a global hub and increase duty collections due to greater volumes.
Ahmedabad (Gujarat) [India], Mar 11 (ANI): Home decor major Asian Granito Ltd (AGL) said on Wednesday it is looking to engage with global players with an objective to make the country a global manufacturing hub for tiles and sanitary ware.
Mumbai (Maharashtra) [India] March 4 (ANI/BusinessWire India): Diamond trading declined sharply in February due to economic uncertainty due to the coronavirus. Manufacturers and dealers are facing a severe liquidity crunch as sales to China and Hong Kong have stopped.
New Delhi [India], Feb 21 (ANI): The coronavirus impact in China coupled with weak demand conditions in key markets is expected to impact the domestic cut and polished diamond (CPD) industry in a major way, according to investment information and rating agency ICRA.
New Delhi [India], Feb 10 (ANI): Kajaria Ceramics, the largest manufacturer of ceramic and vitrified tiles in India, reported on Monday a 5 per cent decline in profitability during the third quarter of current fiscal at Rs 61.54 crore due to sustained weakness in real estate sector and conti