Searched for
DINESH NAVADIYA
US tariffs set to cripple India's diamond industry, hurting jobs, exportsIndia's diamond polishing hub in Surat faces significant challenges as the U.S. imposes a 27% tariff on gem and jewellery exports, jeopardi...- India sniffs at new opportunity to add to its already shiny diamond market credentialsThe sharp decline in LGD prices has hit several international companies hard. Notably, WD LGD, the largest LGD maker in the US, went bankru...
- 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 ...
- No Russian rocks! US companies want cast in stone guaranteeThe diamond cutting and polishing hub of Surat, in Gujarat, is the world's largest centre for processing diamonds. It sources rough diamond...
- Surat: Sharp increase in rough diamond prices is impacting workersAs a result, in some cases, workers are being deployed for only three days a week. Rough diamond prices had started increasing from July on...
- Diamantaires hike wages up to 10% to woo migrantsThough the decline in production has helped the industry maintain steady prices of polished diamonds, they fear as demand increases in the ...
- Small diamond production in Gujarat takes hit due to cyclone TauktaeNavadiya said there is still a 20% shortage of workers in Surat, the major diamond cutting and polishing hub of the country. “Those migrant...
- Gujarat: No impact of COVID-19 on Surat's diamond industryMajority of workers have migrated here from Saurashtra and north Gujarat, while only 10 per cent are from Uttar Pradesh, Madhya Pradesh and...
- Coronavirus impacts Surat's diamond trade“The migrant workers are going to their hometowns to keep their families. They are taking 10 or 15-day breaks and they will definitely retu...
- Budget impact: Surat is witnessing a sudden rush for setting up laboratory-grown diamond units“The hike in duty will bring down imports, and manufacturing of diamonds through chemical vapour deposition (CVD) technology will increase....
- COVID-19: Surat's 8 diamond firms partly shut after positive casesThe Surat Municipal Corporation (SMC) said that it has ordered closure of certain floors and departments of these eight diamond units locat...
- Lower GST on diamond job work, sector cheers over Rs 200-cr export refundThe government's move to slash GST on job work services in diamond trade will help arrest job losses in Gujarat, said industry executives.
- Indian diamonds are back in demand in China, USPrices of polished stones have risen 4% in the past fortnight; Surat traders happy.
- Cut GST in diamond B2B deals: Traders“This 3% GST is creating a lot of problems. The government should do something to ease them," Dinesh Navadiya, president, Surat Diamond Ass...
- Cut GST in diamond B2B deals: TradersSerial number of the delivery challan for diamonds will have to be maintained as per rule.
- Diamond imports ebb as jewellers clear inventoryThe Prime Minister’s Office had recently asked gold and diamond traders to suggest measures to reduce imports and increase exports to conta...
- Rail Budget 2014: Mumbai-Ahmedabad bullet train to give a boost to SuratThe proposed Mumbai-Ahmedabad bullet train could provide a fresh sparkle to Surat, the industrial city that processes nine of the 11 diamon...
- Fall in rough diamond prices may not benefit Indian consumersIndian consumers may not get the benefit of falling global rough diamond prices, as the retail level polished prices have not come down
- Diamond exporters look for brisk sales in Christmas seasonAnnual sales of diamonds from India to the US is pegged at around $65 billion. More than half of this demand comes from New York.
- Diamonds' sparkle dims workers' holidaysThere is light at the end of the tunnel for nearly two-lakh diamond workers in Surat who lost their jobs since the credit crisis led to con...
Load More
