Russia’s invasion of Ukraine is fracturing a billion-dollar trade that spans the permafrost-laden diamond mines of Siberia, secretive trade houses in Antwerp, dusty polishing powerhouses in...
Ahmedabad: Surat’s diamond polishing industry is so far shielded from the adverse impact of the Russia-Ukraine war as there is no ban on the transaction from...
Diamantaires in Surat have extended the Diwali vacation to 21 days this year from a week or 10 days in earlier years due to the rising...
The Madhya Pradesh government has initiated the process of setting up a diamond cutting and polishing park in the State’s Panna district, which has a vast...
Surat (Gujarat) [India], February 20 (ANI/PNN): Gujarat’s biggest gems and jewellery exhibition ‘Surat Sparkle 2021’ organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI)...
Speaking to ET, President of Surat Diamond Association Dinesh Navadia said that under the new protocol, every polishing unit will have only two workers working on...
Due to muted global demand, Indian diamond trade is unlikely to import rough diamonds for a month beginning June 1, as the global demand will not...
With global economy sinking, safety issues in operations and Covid-19 load, the Surat Diamond Association is focussing on migrants’ return and not revival of the industry....
The diamond cutting and polishing hub of Surat will lose business to rivals China, Thailand and African countries unless it quickly comes out of the lockdown and resumes...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
Mining as well as stores closed, expos cancelled and transportation stopped. The gems and jewellery sector in India is facing a bleak future. “We lost 50...
Surat: Defying the Bharat Diamond Bourse’s (BDB) ban on the trading of lab-grown diamonds, Surat has an underground market flourishing in Varachha and Mahidharpura. Here, diamond...
New Delhi is considering signing a bilateral agreement with Russia to reduce import duties on processed diamonds and jewelry, the chairman of the country’s Gem &...
The manufacturers in the world’s largest diamond cutting and polishing centre Surat have cut down on production by up to 50% following sharp fall in prices...