The State Bank of India (SBI), the country’s largest bank, has taken over two residential properties belonging to PC Jeweller Ltd. (PCJ) in New Delhi, after the jewellery firm failed to repay…

Cyber Monday saw a dazzling surge in online spending, smashing e-commerce records as consumers opened their virtual wallets to the tune of $12.4 billion, according to data from Adobe Analytics. The holiday…

Chow Tai Fook, the leading jewellery retailer in Mainland China, announced its financial results for the six months ended 30 September 2023, showing a strong recovery from the impact of the pandemic.…

A record 200.4 million consumers in the U.S. shopped over the five-day holiday weekend from Thanksgiving Day through Cyber Monday, surpassing last year’s record of 196.7 million, according to the annual survey…

Petra Diamonds has appointed Varda Shine, Senior Independent Director, as Chair of Petra with effect from the conclusion of its Annual General Meeting in mid-November. The previous Chairman Peter Hill CBE retired…

The Israel Diamond Exchange (IDE) opened the special sales event “Stand With Israel” at the New York Diamond Dealers Club (DDC). The event is being held from 27-30 November 2023, on the…

At least 11 miners were killed and 75 others injured in a serious accident at Impala Platinum’s 11 Shaft in Rustenburg on 27th November afternoon. The accident occurred when the personnel conveyance…

The Directorate General of Foreign Trade (DGFT) has announced the pilot launch of the upgraded electronic Bank Realisation Certificate (eBRC) system for self-certification by exporters. The eBRC is a document that certifies…