Representative image India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear, two sources aware of the matter said. India, home to 90% of the world’s diamond cutting and polishing industry, is critical to the implementation of…
Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability to fund its invasion of Ukraine. While the G-7 and its European allies have been trying to find additional ways to squeeze Russia’s economy to constrain its ability to fund…
NEW DELHI: The rumours about Russian President Vladimir Putin‘s health have intrigued the world for the last few months, especially since the February 2022 conflict in Ukraine.The rumours gathered momentum recently after a Telegram channel claimed that the Russian President suffered a massive heart attack and died. Kremlin has repeatedly denied these claims. Now, a…
NEW DELHI: Negotiators from G20 countries are heading towards a landing zone on the Ukraine conflict after talks that lasted well beyond midnight and a breakthrough is in sight over the contentious issues.After days of intense negotiations among sherpas circulated a revised paragraph over the Russia-Ukraine conflict, which is said to have found favour among…
Representative image US President Joe Biden’s attendance at the G20 Summit has raised hopes of the Indian diamond trade for a better deal as the US has slashed imports of cut and polished diamonds from India by almost 50% amid apprehensions that many of these stones might have indirectly come from Russia. The US has…
NEW DELHI: Russian President Vladimir Putin on Thursday expressed “condolences” over the plane crash that killed Wagner chief Yevgeny Prigozhin.Recalling Prigozhin, who had staged a short-lived mutiny against Putin, the Russian President said he was a “talented man who made mistakes”. Putin added in televised comments that it was necessary to await the outcome of…
