Chinese court extends detention of Indian traders

A Chinese court has extended by two months the detention of 21 Indians, who were captured from the southern city of Shenzhen in January this year on charges of smuggling diamonds worth $7.3......

India wants private sector to explore for diamonds, gold

Government will start to auction the rights to up to 70 diamond and gold exploration zones to mining companies this year India is seeking the participation of Rio Tinto and Anglo American's De......

India on brink of "quantum leap", Modi tells investors

Prime Minister Narendra Modi promised on Sunday to pursue predictable policies and ensure stable taxes, in a speech that sought to address key concerns for foreign investors in Asia's third-largest......

Rio Tinto strikes diamonds in Bundelkhand's Bunder

Global mining giant Rio Tinto plans to produce up to three million carats of diamonds annually from its Bunder deposit, in Madhya Pradesh's Bundelkhand region. This would be the first diamond......

Diamond dream shatters in Surat

Taking a cue from Amul, the hugely-successful milk collection and distribution co-operative, 1,500 diamond polishers of Surat had got together in August 2010 to form Surat Rough Diamond Sourcing......