World's fifth largest diamond worth USD 40 million discovered in Lesotho

World's fifth largest diamond worth USD 40 million discovered in Lesotho

Ben Davis, a mining analyst at Liberum Capital, speculated in a research note to investors that the diamond could be worth as much as USD 40 million (33 million euros).

Jan 15, 2018, 18:29 PM IST
Gems, jewellery exports up 11% to $14.43 billion in April-August FY'17

Gems, jewellery exports up 11% to $14.43 billion in April-August FY'17

Exports of gems and jewellery grew by 11 percent to USD 14.43 billion during the first five months of the current fiscal, driven largely by demand in India's major markets like the US.

Oct 12, 2016, 19:23 PM IST

Sri Lanka cancels licences for foreign mining firms

Sri Lanka`s new president has cancelled mining licences issued by the previous government to 16 foreign companies to search for blue sapphires and other gems, his office said Sunday.

Mar 01, 2015, 17:04 PM IST

GJF seeks measures to rescue gems, jewellery trade

The All India Gems and Jewellery Trade Federation (GJF) today sought measures, which includes reducing import duty to five per cent and bringing back stand-by letter of credit (SBLC), to "rescue" the industry.

Nov 22, 2013, 21:06 PM IST

Revolutionary instrument GeMS delivers sharper image of universe

The GeMS system uses a constellation of five laser guide stars and multiple deformable mirrors to remove atmospheric distortions to starlight in an innovative and revolutionary way.

Jul 03, 2013, 21:54 PM IST

Financing options not adequate for women entrepreneurs: Survey

This could be attributed to women being first generation entrepreneurs in the gems and jewellery sector, which has been mainly dominated by males.

Jul 22, 2012, 15:02 PM IST

NASA scraps X-Ray space telescope mission

NASA has announced the cancelling of its new space telescope project designed to seek out black holes and other cosmic mysteries through X-ray light due to soaring development costs.

Jun 08, 2012, 21:23 PM IST

Gems, jewellery exports lose lustre in FY12

Gems and jewellery exports dipped marginally to USD 42.84 billion in 2011-12 owing to weak demand in western markets like the US and Europe, Gems and Jewellery Export Promotion Council said on Monday.

Apr 16, 2012, 17:15 PM IST

Paris Hilton kept $60K in borrowed gems: NYC suit

A break-in at Paris Hilton`s Los Angeles home has led to a New York lawsuit over USD 60,000 in borrowed gems.

Apr 07, 2011, 10:02 AM IST

Gems and Jewellery Fedn seeks changes in direct taxes code

Gems and Jewellery Federation (GJF), the national body of the jewellery trade, has urged the Government to modify the direct taxes code (DTC).

Dec 22, 2009, 17:50 PM IST

Gems and jewellery exports glitter again

Christmas season has brought the
glitter back to Indian gems and jewellery units, with the
precious metals exports turning positive in September for the
first time after 11 months.

Oct 22, 2009, 19:15 PM IST

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