Russian Diamonds

The Indian government has taken up on priority the issue of ban on imports of Russian-origin unpolished diamonds by the European Union (EU) and G7 nations, said S Jaishankar.

Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said

Britain's Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support of Ukraine, his government said in a statement.

The Russia-Ukraine war has adversely affected the livelihood of lakhs of workers of the diamond industry in Gujarat, especially in the Saurashtra region where many many units import small-size Russian diamonds for processing and polishing.

A bipartisan group of American lawmakers has sought help of Biden administration in restricting international trade of Russian-origin diamonds

A diamond containing another, free-moving gem inside unearthed from a mine in Siberia is the first stone of its kind in recorded history, Russian state mining company Alrosa PJSC said Friday.

British businessman Arron Banks has denied an allegation made by a former business partner that he approached Russians about investing in his diamond mines, and that the money raised went instead to his campaign to leave the European Union.

A plane in Russia lost much of its precious cargo after a door accidentally flew open upon takeoff and sent gold and platinum bars as well as diamonds flying across the runway. According to local news reports, at least three tonnes of gold worth a stunning $378 million was scattered across the tarmac. The incident took place on Thursday in Russia's...

The Interpol has issued red notices against four Indian-origin businessmen in South Africa following a legal spat over a Rs 2.5-billion rare pink diamond with a Russian telecommunications magnate and a local diamond dealer amid intriguing claims and counter claims of theft.

Russian mining giant Alrosa is set to auction off a huge 51-carat "Dynasty" diamond and four other high-purity diamonds with a starting price of $10 million, the company says.

Russian diamonds that reputedly helped broker peace between warring empires three centuries ago will go to the highest bidder at the Geneva jewel auctions this week.

Hardselling India as an attractive business destination, Prime Minister Narendra Modi today invited Russian CEOs to invest in sectors like aerospace, infrastructure and diamond, and said his government has created a favourable environment to boost economic growth.

Prime Minister Narendra Modi on Thursday said he wants major diamond mining companies to sell directly to the Indian diamond industry, which will be beneficial for both parties, and he has made three proposals in this regard to visiting Russian President Vladimir Putin.

Some 26,000 diamonds, worth at least $162,000 and contained in transparent plastic bags in hand luggage, proved too much for the "nothing to declare" lane at a Moscow airport.

The Indian government has taken up on priority the issue of ban on imports of Russian-origin unpolished diamonds by the European Union (EU) and G7 nations, said S Jaishankar.

Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said

Britain's Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support of Ukraine, his government said in a statement.

The Russia-Ukraine war has adversely affected the livelihood of lakhs of workers of the diamond industry in Gujarat, especially in the Saurashtra region where many many units import small-size Russian diamonds for processing and polishing.

A bipartisan group of American lawmakers has sought help of Biden administration in restricting international trade of Russian-origin diamonds

A diamond containing another, free-moving gem inside unearthed from a mine in Siberia is the first stone of its kind in recorded history, Russian state mining company Alrosa PJSC said Friday.

British businessman Arron Banks has denied an allegation made by a former business partner that he approached Russians about investing in his diamond mines, and that the money raised went instead to his campaign to leave the European Union.

A plane in Russia lost much of its precious cargo after a door accidentally flew open upon takeoff and sent gold and platinum bars as well as diamonds flying across the runway. According to local news reports, at least three tonnes of gold worth a stunning $378 million was scattered across the tarmac. The incident took place on Thursday in Russia's...

The Interpol has issued red notices against four Indian-origin businessmen in South Africa following a legal spat over a Rs 2.5-billion rare pink diamond with a Russian telecommunications magnate and a local diamond dealer amid intriguing claims and counter claims of theft.

Russian mining giant Alrosa is set to auction off a huge 51-carat "Dynasty" diamond and four other high-purity diamonds with a starting price of $10 million, the company says.

Russian diamonds that reputedly helped broker peace between warring empires three centuries ago will go to the highest bidder at the Geneva jewel auctions this week.

Hardselling India as an attractive business destination, Prime Minister Narendra Modi today invited Russian CEOs to invest in sectors like aerospace, infrastructure and diamond, and said his government has created a favourable environment to boost economic growth.

Prime Minister Narendra Modi on Thursday said he wants major diamond mining companies to sell directly to the Indian diamond industry, which will be beneficial for both parties, and he has made three proposals in this regard to visiting Russian President Vladimir Putin.

Some 26,000 diamonds, worth at least $162,000 and contained in transparent plastic bags in hand luggage, proved too much for the "nothing to declare" lane at a Moscow airport.