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- India set to Challenge Dubai, Antwerp with Foreign Tax Exemption
on 6 August 2026 at 5:00 amIndia's lower house of Parliament today (6 August) passed a Bill proposing a 15-year income-tax exemption for certain foreign companies selling qualifying rough diamonds through notified Special Notified Zones in Mumbai and Surat. The measure...
- "We Underestimated Lab Grown Threat," says Anglo CEOon 5 August 2026 at 10:00 am
De Beers underestimated the threat from lab growns, ‌Duncan Wanblad, CEO of parent company Anglo American, admitted in an interview with the Financial Times (FT). "Hindsight would probably show that we might have wanted to have been a...
- Another Quarter of Stability for Fancy Color Priceson 5 August 2026 at 6:00 am
Prices of fancy color diamonds remained virtually unchanged again during the three months to 30 June (Q2 2026), according to the FCRF (Fancy Color Research Foundation). The overall Fancy Color Diamond Index was down 0.1% during the quarter...
- $73m Diamond Smuggling Suspects and the Dollar Bill Codeson 30 July 2026 at 11:00 am
Gang members suspected of smuggling $73 million of diamonds into Vietnam allegedly used the serial numbers from US dollar bills as a secret authentication code. The stones were hidden in luggage, shoes, and clothing and illegally brought from Hong Kong ...
- Two Thirds of IGI Revenue Now from Lab Grownson 29 July 2026 at 12:00 pm
IGI reported significant increases in revenue and profit, with lab growns now accounting for two thirds of all its certification earnings. Revenue was up 23% for the three months to the end of June (Q1 FY27) to RUP 3.7 billion (USD 36 million) ...