China desperate to dethrone India from top slot in diamond polish

India's long-held position as the world's top diamond polisher is being challenged by soaring output from China, compelling the south Asian country to seek help from ally and top rough diamond......

Central agencies indulging in witch-hunting: Modi

Bharatiya Janata Party's prime ministerial candidate Narendra Modi on Monday launched a blistering attack on Congress accusing it of misusing CBI and other agencies for "witch-hunting" political......

How Palanpur's diamond merchants conquered the world

'We did not know we would one day dominate nearly 70 per cent of the market.''Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.'A fascinating excerpt from......

Liquidity crunch takes shine off India's rough diamond imports

Overall gross import of rough diamonds between April to November 2019 has shown a decline of 17.24 per cent to $8.55 billion from $10.34 billion registered during April to November 2018. This is......

Jewellers face severe funding crisis

The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.Pavan Lall reports. Photograph: Shailesh......

Why family matters so much in India's diamond trade

There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties. ......