Mumbai Market Has Eye on Hong Kong Show - There are many overseas and domestic buyers in the market and there is a clear demand for goods, but transactions have been slowed considerably due to the differences in asking and offering prices. The 5-7% increase in the price of rough diamonds at the February De Beers Diamond Trading Company (DTC) sight is the main factor in sellers’ insistence on higher polished prices.
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IDI Holds 39th Convocation Ceremony

The Indian Diamond Institute (IDI) celebrated its 39th Convocation and Award Function at City Centre, Vesu Campus, Surat, on September 15th. The chief guest on the occasion was Rita Teaotia, IAS, commerce secretary, ministry of commerce & industry.