Tag Archive | "liquidity"

Finance against diamond mortgage

Tuesday, February 24, 2009

Task Force constituted by Reserve Bank of India may propose finance against diamond mortgage to ease liquidity issues in the diamond industry. For full story, click here

In ’08, diamonds lost their luster

Wednesday, January 7, 2009

When 2008 started off, the world’s mining industry was in the mist of a boom, with never before seen prices being fetched for most of the metals, and miners raking in profits. With the way 2008 came to a close, it is hard to imagine that this was the scene just months earlier.

Did Black Friday come through for diamond retailers?

Friday, December 12, 2008

The day after Thanksgiving has long been known as “Black Friday”, a moniker that denotes the fact that it is on that day that retailers go from being in the red, to the black. Many stores open as early as 4 am, coaxing shoppers through their doors with ‘once a year’ sales.

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