India Makes Sweeping Reforms to Promote Lab-Grown Sector

NewsBrief   February 2, 2023   India Makes Sweeping Reforms to Promote Lab-Grown Sector The Indian government has abolished its import tax on synthetic-diamond seeds and pledged extra funding in an effort to develop the country's lab-grown industry. Large-Stone Deficit Dents Gem Diamonds Sales Recoveries of special-size rough fell well below 14-year average.   De Beers' Rough Prices Rise 23% in 2022 Demand slowed in fourth quarter as midstream inventories grew.   World Jewellery Confederation to Launch CIBJO Academy Institution will help educate industry and public about standards and terminology. News Digest GIA Introduces New Lab-Grown and Light Performance Reports (JCK)   Tiffany & Co. Creative Director Departs Jeweler Subscription Required (WWD)   Neil Lane Trades Carats for Ketubahs with Latest Wedding Venture (People) Events Rapaport Melee Auction February 14-23 New York & Dubai More Details   Diamond Trends Webinar with Avi Krawitz: What's Shaping the Market in 2023? February 15, 10 a.m. EST February 16, 3:30 p.m. India Time Online Register Here   Rapaport Single Stone Auction February 15-27 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1528 -0.35% 3.01% -5.92%  0.50 ct 2664 -0.55% -0.19% -14.02%  1.00 ct 7463 -0.87% -1.00% -17.52%  3.00 ct 24755 -0.10% -0.37% -9.54% Rapaport Investment Grade Diamonds

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