Tag: diamond

India processes ~90% of the world’s polished diamonds by volume, making it the central artery of the global trade. (Reuters)
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India defines a ‘diamond’ amid lab-grown surge, US tariff woes| Business News

 January 20, 2026  Leave a Comment on India defines a ‘diamond’ amid lab-grown surge, US tariff woes| Business News

India has defined a “diamond” amid a surge in lab-grown alternatives, even as 50% US tariff weighs on the wider gems & jewellery industry. India…

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FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 (REUTERS)
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India to assume chair of global diamond watchdog Kimberley Process from Jan 1| Business News

 December 25, 2025  Leave a Comment on India to assume chair of global diamond watchdog Kimberley Process from Jan 1| Business News

NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time,…

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