Fugitive jewellery merchant Nirav Modi's brother Nehal Modi has been charged by a New York prosecutor in an alleged $2.6 million fraud case

Taking cognizance of the matter, the Madras High Court directed the Tamil Nadu Crime Branch-CID police to investigate the matter

Calling the 'events' along the Line of Actual Control (LAC) in eastern Ladakh 'very disturbing', Jaishankar also said what has happened there was not in China's interest as it is facing the prospect of losing goodwill in India

De Beers India Managing Director Sachin Jain said the year 2020 began on a strong note, however, the second quarter (April-June) was a complete washout due to nationwide lockdown imposed by the government to curb the spread of the pandemic

Angola is the third largest producer of diamonds in Africa and has only explored 40 per cent of the diamond-rich territory within the country, but has had difficulty in attracting foreign investment

Indian sellers have been witnessing strong demand across categories like apparel, jewellery, and accessories and home decor, especially during the holiday season, eBay India Country Manager Vidmay Naini said

Amid robust liquidity in the market, analysts estimate that the primary market is likely to stay strong and believe that Kalyan Jewellers would be one of the most anticipated IPOs in next one year

The luxury watch market is having its moment. Swiss watchmaker Audemars Piguet's partnership with British luxury fashion house Ralph & Russo blurs the fine lines between timekeeping and fashion. In fact, craftsmanship and technology are defining todays high-end watch market

The diamond industry is looking for a revival after several quarters of demand slump

The application was reportedly made on the basis of \"new evidence\", but Westminster Magistrates' Court District Judge Samuel Goozee was not convinced to reverse previous bail rejections in the case

Total gold jewellery exports in the April-September 2020 were worth Rs 9,926.57 crore, 64.48 percent less than the Rs 43,425.22 crore exported through all ports in the same period, last year

Economic uncertainty across the globe has increased the appeal of the yellow metal among investors. This makes it a good store of value in the near future

India's cut and polished diamond exports in July fell 39% from a year ago to $918.4 million, the Gems and Jewellery Export Promotion Council (GJEPC) said in a statement

Titan Company's total income fell 62 per cent YoY to Rs 1,901 crore due to the complete loss of sales in April, while limited numbers of stores were operational during May and June in wake of coronavirus pandemic

The branded jewellery retail market has suffered a de-growth of over 70 per cent during the lockdown and jewellery brands have little choice but to capitalise on the digital medium for growth

FPIs sequentially reduced stakes in almost two-third of BSE 500 stocks and their holdings in some 19.2 per cent companies have continually declined since Q2FY20

ED last month brought back over 2,340 kg of polished diamonds, pearls and silver jewelry valued Rs 1,350 crore from various United Arab Emirates (UAE) and Hong Kong based entities of fugitive diamantaires Nirav Modi and Mehul Choksi

Koduvally, a small town near Calicut has nearly 100 jewellers within one square kilometre, and most of them deal with illicit or black gold

As per an old estimate by the World Gold Council, gold holdings in India could be about 3,000-4,000 tonnes in the form of coins, jewellery and gold articles, besides diamonds, which are not segregated by value. It is also impossible to measure the value of many of these due to its antiquity

These witnesses relate to the Enforcement Directorate (ED) discovery that dummy directors/owners/managers were appointed in a number of overseas companies in Hong Kong and Dubai, though the companies remained under the direct control of Modi