- Indian Diamond Industry Aids Quake Victims
New York (January 30, 2001)—In the wake of an earthquake that has claimed 20,000 lives in India so far, the Indian Diamond and Colorstone Association (IDCA) recently pulled together to raise ......
- Flooding in Surat May Lead to Indian Goods Shortage...
Massive floods in Surat, the diamond- cutting capital of India, could lead to a shortage of certain goods this holiday season, Indian traders told JCK . Affected goods could include melee, stones weighing less than 0.20 cts., and “stars.” In mid-August, monsoon rains struck Surat and surrounding areas, causing a ......
- Dimexon-Eurostar Gives $1 Million to GIA India
Diamond manufacturing and trading group Dimexon Diamonds Ltd. (Mumbai) and Eurostar Diamond Traders N.V. (Antwerp) has become one of GIA India's founding benefactors with a $1 million gift to the Institute's Endowment for Education in India. Ensuring the Indian diamond industry's continued growth through increased educational opportunities was the driving ......
- Antwerp Diamond Center Robbery is Largest Ever
Thieves emptied 123 of 160 diamond vaults in the Antwerp Diamond Center in mid-February, in what appears to be the biggest diamond theft in the history of Antwerp, a major diamond-cutting center. "We are certainly talking about many millions [of dollars]," the Associated Press was told by Youri Steverlynck, a ......
- India Rising
The goals of India's gem and jewelry industry, as articulated by the country's Gem & Jewellery Export Promotion Council (GJEPC), don't lack for boldness. They include transforming India into the "world's largest trading center," becoming a $16 billion industry by 2007, making India a "one-stop shop" for jewelry, training artisans ......
- Indian and Thai Jewelry Industries Threatened by GSP Fate
Possible nonrenewal or changes in the U.S. government's Generalized System of Preferences could raise the price of imported jewelry from India, Thailand, and Turkey. The GSP is a 30-year-old program that lowers tariffs for imports from developing countries. India is a “beneficiary country” under GSP, but because it exports more ......
- 'Tis the season to give thanks and sell flood insurance
LAST MONTH we discussed some of the broader issues the havoc of Hurricane Katrina raised. Let us continue to analyze issues raised by such storms as Katrina and Rita (and who knows how many more prior to the end of this year's already overachieving hurricane season). And in the spirit ......