Current News

GJEPC condemns Nirav Modi/Gitanjali Gems bank fraud

The Gem and Jewellery Export Promotion Council (GJEPC) has issued a statement condemning the Nirav Modi/ Gitanjali Gems led Rs. 11,400-crore bank fraud. ‘The Nirav Modi/Gitanjali Gems incident is of…

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Polished diamond prices in Israel remains flat in week seven, 2018

According to the’s price index, the polished diamond prices in Israel decreased 0.16 per cent during week seven of 2018. GDX,’s general index, closed the week at 10,097.64….

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IIGJ Mumbai gets new ‘Skill Development Centre’

The Indian Institute of Gems and Jewellery (IIGJ-Mumbai) opened a new ‘Skill Development Centre’ to train students in latest technology and upgrade skills of artisans who are already part of…

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Alrosa fetches US$ 13.7 million in Israel auction

Alrosa has summed up the results of international auction for the sale of special size rough diamonds over 10.8 carats at the International Diamond Week in Israel (IDWI). The company…

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Malabar Gold & Diamonds Global Showrooms Count Touches 212 Mark

Malabar Gold & Diamonds has opened its new showroom in Sector 18, Noida. Bollywood star Anil Kapoor inaugurated the new facility in the presence of Malabar Gold & Diamonds India Operations Managing…

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ED attaches properties worth Rs 5,100 crore belonging to Nirav Modi

The Enforcement Directorate (ED) has conducted searches at 17 premises across India linked to jewellery designer Nirav Modi and seized diamond, jewellery and gold worth Rs 5,100 crore. A billionaire diamond dealer…

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Three-day Bharat Diamond Week from April 23 expects at least 1000 visitors

The Bharat Diamond Bourse (BDB) in Mumbai, expects at least 1,000 visitors from India and abroad to take part in the first Bharat Diamond Week, to be held at the…

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IIDGR Surat Lab Installs Solar Roof

The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has installed a 34.8 kilowatt solar roof at its grading and inscription facility in Surat, India, to…

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Signature 2018 attracts quality buyers; exhibitors express satisfaction

The curtains recently fell on the successful Signature IIJS 2018, which received a good amount of acclaim from the exhibitors for the unique benefits including the attendance of quality buyers….

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Mountain Province realises record sale of US$ 27M in Jan, 2018

Mountain Province Diamonds Inc. has announced the results of its recently completed first diamond sale of 2018. This sale has resulted in Mountain Province’s highest result to date in total…

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