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

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

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

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+

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

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

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

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...