Diamond shines as global markets meltBetween February 18 and March 17, crude oil futures slipped 42 per cent, the Sensex 25 per cent, silver 25 per cent and gold 3 per cent.
20 Mar, 2020, 08.57 AM IST
Labour union soon to be a reality of the diamond industryDiamond Workers’ Union (DWU), registered with labour department in Gujarat, has begun to enroll diamond workers as members in a five-month ...
06 Apr, 2019, 11.30 AM IST
Rajput protests against ‘Padmavati’ swell in GujaratLast month, a mob of Karni Sena and VHP members had destroyed a rangoli of depicting actress Deepika Padukone made by a local artist in a c...
13 Nov, 2017, 01.12 PM IST
China demand lifts polished diamond pricesWith rebound in demand for polished items, prices of rough stones have also risen by 2%-3%.
19 Apr, 2017, 11.22 AM IST
Diamonds may turn cheaperVijay Jain, CEO, ORRA, said :“At the consumer level, the negative impact of demonetisation is fading. Demand is a bit sluggish but better t...
17 Mar, 2017, 10.28 AM IST
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...
13 Jan, 2017, 11.48 AM IST
India's diamond trade hub in Mumbai to be opened by NovemberDiamond traders had been lobbying with Prime Minister Narendra Modi to cut the middlemen in the trade by setting up an SNZ.
20 Oct, 2015, 10.03 AM IST
Recession gives Surat diamond industry a hard timeThe diamond industry of Surat, one of the major sources of foreign revenue and livelihood for millions, has hit a rough patch.
14 Jul, 2015, 12.13 PM IST
Middlemen aren't forever; Indian diamond traders can now interact directly with minersDiamond traders will be able to directly bid and buy from the miners, enabling them to do away with middlemen and save on transaction cost.
26 Jun, 2015, 10.55 AM IST
Ebola outbreak dulls diamond industryWith some 1,400 people dying from the deadly hemorrhagic virus in West Africa, the diamantaires have halted their visits for the past coupl...
07 Sep, 2014, 11.24 AM IST
Budget 2014: Gem and jewellery industry show mixed responseThe gem and jewellery industry is upset over finance minister Arun Jaitley’s decision to continue with 10% import duty on gold in the budge...
10 Jul, 2014, 10.10 PM IST
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...
23 Apr, 2014, 08.06 AM IST
Rupee fallout: 25,000 diamond workers joblessFive years after global recession rendered lakhs of diamond workers jobless - many even committed suicide - thousands are staring at the sa...
25 Jun, 2013, 10.29 AM IST
Why world's diamond polishing hub Surat has never seen Brussels-type heistSurat, the world's diamond polishing hub, has never seen a heist of the kind Brussels saw recently. The entire industry works on a system o...
03 Mar, 2013, 08.16 AM IST
Surat Diamantiares sigh relief as polished diamond prices up by 5 pcDiamantiares in Surat have heaved a sigh of relief as prices of polished diamonds have started stabilising ahead of the Diwali.
10 Oct, 2012, 05.11 PM IST
- China frees 13 Indians from jail, Narendra Modi claims credit
Thirteen of the 22 Indian diamond merchants and workers languishing in Chinese jails for nearly two years will be returning home.
08 Dec, 2011, 11.00 AM IST
- Belgium-Gujarat diamond ties may extend to pharma
It is not tough to get a Gujarati thali in Antwerp, and Navratri is a known festival in the Belgian city. Back home in Gujarat, Dinesh Nava...
11 Dec, 2009, 03.51 AM IST