News Updates

BlueStone to Spend Rs. 40 Crore on Marketing This Year

BlueStone to Spend Rs. 40 Crore on Marketing This Year

Mumbai: Ratan Tata-backed BlueStone.com will invest Rs. 40 crore on marketing over the next 12 months as it looks to expand in the nascent-yet burge...
ICEX to Launch Diamond Futures in March

ICEX to Launch Diamond Futures in March

Mumbai: The Indian Commodity Exchange (ICEX) is planning to launch three futures contracts for diamonds in March to provide exporters with a hedging...
Sales of Indian Gold Jewellery Drop in Gulf

Sales of Indian Gold Jewellery Drop in Gulf

Dubai: The ongoing blockade of Qatar by its neighbouring nations has raised concern among Indian jewellers who have operations in the Gulf Cooperati...
Belgium’s Rough Diamond Trade Strong in June

Belgium’s Rough Diamond Trade Strong in June

Antwerp: Belgium’s trade in rough diamonds followed the trend seen last month, with exports and imports rising strongly year-on-year in volume terms...
Ratings Agency S&P Upgrades ALROSA to BB+

Ratings Agency S&P Upgrades ALROSA to BB+

Moscow: Russian diamond mining giant ALROSA, said that Standard & Poors has upgraded its long-term corporate credit rating to BB+, outlook stabl...
India To Launch System to Certify Gemstone Quality

India To Launch System to Certify Gemstone Quality

New Delhi: The commerce ministry will soon launch a system similar to hallmarking of gold to certify the quality of precious gemstones. “We want con...
Shadow Market for Gold Set to Gain Post GST

Shadow Market for Gold Set to Gain Post GST

Mumbai: The grey market for gold jewellery is set to thrive after the 3% GST on the yellow metal imposed by the government since July 1 this year, a...
Titan Gains Strong Jewellery Sales in Q1

Titan Gains Strong Jewellery Sales in Q1

Mumbai: Titan Company reported strong jewellery sales in the first fiscal quarter and said it expects to benefit from India’s new tax system, report...