May 16
Indian Gem and Jewellery Industry have been under pressure in FY 2011-2012. A marginal decline of 0.36% in the period has been witnessed due to the decrease in trading exports of diamonds. Retail jewellery took a hit after Akshaya Tritiya due to the decreasing rupee against dollar. Gold Jewellery Export • In FY 2011-12, the … more
May 11
Every diamond is a one of a kind gem. It relates to immense pride and joy to own one fine piece. Its beauty and elegance justifies its value. The huge demand and importance of diamond in the society has triggered a small number of investment gurus to compete behind the scenes to turn diamond into … more
Apr 24
BANGALORE: Young customers are swarming online portals to grab a good bargain on their jewellery purchases. Many of them are beating the Akshaya Tritiya rush at retail stores by shopping for jewellery on the web. A host of web stores – Caratlane, Bluestone, Jewelskart.com, JewelsNext.com and Johareez.com – are pricing it attractively. Jewelskart.com, for instance, … more
May 13
In January, 21 Indians amongst 33 foreigners were arrested in Shenzhen for smuggling diamonds worth millions of dollars from Hong Kong to mainland China to avoid the 4 percent import duty. Though being a part of China, Hong Kong is a duty-free import area for rough diamonds while China demands the custom duty of 4 … more
Le Beau Sancy, The Oldest Diamond Sold For USD9.57 Million
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