Russia-Ukraine war had mounted additional pressure on the diamond polishing industry Surat, perhaps the world’s biggest centre for cutting and polishing diamonds, accounting for 90% of...
The diamond polishing industry in Surat has nearly ground to a halt as demand for cut and polished diamonds (CPD) has eroded over the past two...
New Delhi (Sputnik): The economic repercussions of the lockdown have jeopardised the prospects of the booming luxury goods market, including the diamond industry, in India. Faced...
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...
Mumbai: There is a ray of hope for diamond houses and jewellers which have been hurt by slow demand, tight liquidity, and a trust deficit in...