© Somma

India's diamond jewelry sales are increasing day by day and are soon set to overtake USA's sales. According to a study done by The Rapaport Group- the global manager of diamond data- India will become the top consumer for diamond jewelry market within the next 3 year time framework. India's polished diamond exports have gone up 6% year-on-year to $2.04 billion.
Martin Rapaport, chairman of The Rapaport Group said that the United States is not going to be the top player in diamond jewelry sales and that India will drive demand where diamond jewelry sales are concerned. India's diamond account has increased from $1.67 billion to $3.37 billion in a year. Michael Niemira, ICSC vice president said that the diamond jewelry sales in the US were good but foot traffic had plummeted.
A report by PricewaterhouseCoopers shows that India will move to second spot in terms of purchasing power parity by 2050 after China and USA will shift to the second spot.

© Worldizen

Bollywood actress Lara Dutta has been in the Indian news for her recent marriage to tennis star Mahesh Bhupathi. This was one one of the most high profile weddings of the year, and Lara's wedding jewelry was up to the occasion. She wore an uncut diamond necklace set studded with vilandis, rose-cut diamonds, round diamonds, emeralds, rubies, and pearls with maang-tika to her Sangeet ceremony at Candolim in the seaside resort of Goa.

This necklace made a lovely complement to the marigold-colored lehenga she wore that was designed by Manav Gangwani. The party was only for close friends and family of the bride. 200 guests also attended the grand wedding reception at a five star hotel near Sinquerim beach in Goa. For her Christian style Victorian wedding, Lara wore a very classy and elegant diamond necklace and earrings.

© GranniesKitchen

The famous Dallas vintage jewelry boutique Rue de Reves closed 15 years ago, but a newly launched jewelry line called Bella Rose is now paying homage to the store's inspired designs. Bella Rose was founded by the daughter-in-law of Rue de Reves founder Margaret Morris. The exclusive line of handcrafted pieces by Tami Morris mirrors the exceptional European collections once carried by Rue de Reves, as well as the vintage jewels and holy medals that once belonged to Morris' late mother.

The jewelry is museum quality, and incorporates either medals from her mother's collection or vintage medals of European origin, many that are over a hundred years old. Her sister Katy is her partner in creating the nostalgic pieces, and the line is truly a family affair as it is named after Tami's two daughters, Bella and Rose.