The Russia-Ukraine conflict may lead to job losses in Surat, India’s diamond-cutting and polishing hub, because the global sanctions on Moscow could affect sourcing of rough...
India’s diamond trade is facing a shortage of rough diamonds worth $350-500 million ahead of the upcoming holiday season sales in the overseas markets, said industry...
Revenge consumption of diamonds from the US is driving manufacturing items in Surat to work additional time to satisfy the demand. There has been a scarcity of tough diamonds...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...
Data from the Gem and Jewellery Export Promotion Council shows a 1.9 per cent fall in the country’s gross shipment last month, from a year before,...