India’s diamond industry tainted by suicide diamonds

Diamond
India is home to the largest diamond cutting and polishing industry globally. For an industry so big, the problems are bigger. Labour conditions in...

Can Kimberley Process improve the conflict tainted global diamond industry?

Conflict diamonds
Kimberley Process Certification Scheme (KPCS) was established in 2002 with an aim to prevent conflict diamonds from entering the rough diamond market by United...

De Beers forays in the Lab-grown diamond market

De Beers - Lightbox
BDI had predicted a couple of years back that diamond miners will eventually shift to Lab-grown diamond business. But we didn’t foresee it’ll start...

Diamond cartel is still alive, coercing the industry and robbing consumers...

Diamond cartel
Traditional diamond mining companies along with various stakeholders in the diamond pipeline including associations, gemological labs, unscrupulous players and even few governments, had virtually...

With decreasing prices, Lab-grown diamonds becoming more attractive than Mined diamonds

Lab-grown Diamonds
There is already a strong narrative about Lab-grown diamonds that appeals to millennials – Eco-friendly, Conflict-free, Origin-guaranteed, Responsibly-sourced, Socially-conscious, Ethical stones symbolizing pure love....

Several top Jewelry Brands rated poorly for Human Rights protection

Human Rights
London-based NGO Human Rights Watch recently conducted an exercise to assess and evaluate the supply chains of jewelry brands for human rights, consisting of...

PNB Fraud: Banks For Raising Cover Against Fraud By Staff

PNB Fraud
February 25, 2018 | New Delhi | PTI: Rattled by a spate of frauds in the banking sector, lenders are now planning to increase insurance...

India’s new tax system reshaping diamond processing industry

Diamonds
Surat, the diamond city of India is said to contribute 60% of world’s diamond supply in value and 85% in volume. On the other...

Diamond exports go down globally

diamond exports
A remarkable decline in the global diamond exports has been observed in a lot of countries. Exports of rough and polished diamonds are dipping...

Largest diamond bourse’s construction begin at Surat

Diamond industry
Over 90% of world’s rough diamonds are cut and polished in the metro city of Gujarat - Surat. House to also the International Institute...

LATEST ON BDI

Diamond Industry

A Call To The Diamond Industry: Be on The Right Side...

Young people of marrying age today may not all agree on their politics, but the majority of millennials do share a common view on...