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BHAVNAGAR DIAMOND ASSOCIATION
Surat's diamond industry loses shine: Factory closures, job losses, & falling orders hit hardSurat's diamond business is in crisis due to declining global demand and competition from lab-grown diamonds. Workers face job losses and r...- Gujarat's diamond industry hit hard by Russia-Ukraine warDue to shortage of supply of small-size rough diamonds from Russia, businessmen in Gujarat are forced to buy the raw material from African ...
- A new-look Gujarat BJP ministry dominated by first-timersWith the fresh inductions, which include two women, the strength of the ministry led by Patel, a first-term BJP MLA and minister, has gone ...
- Surat's diamond industry workers say no to Diwali holidays as demand revivesTraditionally, workers in Surat get a fortnight to a month-long holiday for Diwali, said industry executives.
- Uncertainty looms over Surat, India's diamond hubThough the diamond manufacturing units are scheduled to reopen on July 14 after a fortnight of shutdown, traders said the units may not be ...
- Despite recovery signs, gem & jewellery exports may dip 2-5%There will be some recovery in demand in fourth quarter.
- 15% jobs lost in Gujarat diamond hubIndia is the world's largest cutting and polishing centre of rough diamonds, processing as many as 14 out of every 15 rough diamonds in the...
- Note ban takes the sheen off diamond industryDiamond mining companies such as De Beers, ALROSA, Rio Tinto and Dominion Diamond have also not forced Indian processors to lift higher vol...
- Amul raises milk prices by Rs 2 in Delhi, GujaratThe Gujarat Co-operative Milk Marketing Federation (GCMMF), which sells its products under the 'Amul' brand, has decided to increase prices...
- Surat-based diamond companies to start an airline serviceFour Surat-based diamond companies have come together to start an airline service to connect Surat with smaller cities in Gujarat.
- Poll code barring deals above Rs 50k without proper documents puts diamond industry in a spotAn unlikely casualty of the Indian election season is the country's diamond trade. That's because the model code of conduct bars transactio...
- Diamantaires flourish in Saurashtra with 24x7 electricityDiamond units, most of which operate from houses, see hectic activity, thanks to 24x7 power supply ensured by the Jyotigram Yojana.
- Mumbai terror attacks: Diamonds worth Rs 25 crore went flying in the airA rough estimate shows that diamonds worth Rs 25 crore flew into the air at the time of the blast.
- Mumbai Terror Attacks: Diamonds worth Rs 25 crore went flying in the airMany workers, who knew that at least a few precious gems would be scattered in nooks and crevices, came to hunt for them.
- Surat diamond industry decides to offer performance bonus to check attritionFor the first time in 50 yrs, Rs 65K-cr Surat diamond industry has decided to offer its workers a performance bonus.
- Diamond industry to polish local talentsThe world’s largest, employing more than 4 lakh workers - are now taking extra efforts to regulate workers so as to minimise attrition whic...
- Diamond workers go striking, demand increase in wagesDiamond workers in Ahmedabad, Rajkot and Amreli districts went striking demanding parity in wages after a 20 per cent hike was declared by ...
- SBI board okays pension benefit to SBS employeesThe State Bank of India (SBI) board has decided to provide pension benefit to employees of State Bank of Saurashtra.
- Rajkot jewellers hit by low silver demand, explore new marketsFor Gujarat’s jewellers, silver is not shining. Surging metal prices and a low demand for the white metal have prompted many silver jewelle...
- Gujarat's loss is a silver lining for neighboursSurging metal prices and a low demand for the white metal have prompted many silver jewellery manufacturers from Rajkot to explore newer ma...
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