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lab-grown diamonds: Exports of lab-grown diamonds slump 28.57% YoY despite government backing

Manufacturers of lab-grown diamonds (LGD) – which are 80% cheaper than natural diamond – also claimed that export volumes have increased with the US being the largest importer. They attributed the fall in export value to price instability after several new players entered the market. ....

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Global Diamond Trade: Indian diamond traders explore non-US markets, ET Retail

Global Diamond Trade: Recession is not the only factor that has brought down exports of diamonds to the US from India, which is said to cut and polish nine out of every 10 diamonds available globally. "The fear of sanctions and absence of clarity are impacting the trade," said a leading diamond exporter, who did not want to be named. ....

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Global Diamond Trade: Indian diamond traders explore non-US markets

Recession is not the only factor that has brought down exports of diamonds to the US from India, which is said to cut and polish nine out of every 10 diamonds available globally. "The fear of sanctions and absence of clarity are impacting the trade," said a leading diamond exporter, who did not want to be named. ....

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Gems, jewellery exports likely to improve in second half of FY24, says GJPEC, ET Retail

Jewellery Exports: "Global geopolitical situation affected exports last fiscal. We are expecting the exports to improve in the second half of this year following festive demand in the US and Europe. ....

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Day 1 advance booking trend: Sunny Deol's 'Gadar 2' sells tickets worth Rs 1.47 cr, Akshay Kumar-starrer 'OMG 2' far behind at Rs 25 L

Akshay Kumar-starrer OMG 2 and Sunny Deols action film Gadar 2 are set for a big clash during the Independence Day long weekend. They have already received an overwhelming response for the advance booking numbers. "Gadar 2" has sold around 56,000 tickets equalling INR 1.47 crore for its opening day, far ahead of ‘OMG 2 which collected INR 25 lakh from just 7,300 tickets. Both movies are poised to do well at the box office in the extended holiday weekend. ....

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