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DIAMOND INDUSTRY CRISIS
Quote of the Day by Elizabeth Taylor: 'I adore wearing gems, but not...'-Hollywood icon's timeless lesson on beauty, possession, and appreciating lifeQuote of the Day: Elizabeth Taylor, a Hollywood icon, left a lasting impression with her wisdom. Her quote on gems highlights that true bea...- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
- Gold vs silver: Where to put Rs 1 lakh today? Experts suggest allocation strategy as gold-silver ratio drops below 55An ideal allocation between gold and silver should depend on an individual’s risk appetite, financial goals and investment goals, Guha unde...
- Co-Founder of a popular $3 billion makeup brand renounces fortune to become a Catholic priestScott-Vincent Borba, co-founder of e.l.f. Cosmetics, found immense wealth and fame but felt empty. He is now giving away his fortune, inclu...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
- What should you do with your gold investments after PM Modi urges people to postpone gold purchases?Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...
- Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...
- Why Daniel Moreno-Gama wanted to kill Sam Altman: 20-year-old Texas man’s AI fears and mental health claim explainedAn individual is accused of attempting to attack Sam Altman's residence and threatening AI leaders. Defense lawyers suggest mental health i...
- Right policies can help bring idle household gold into the marketIndians hold significant idle gold. Unlocking this gold could ease economic pressure by reducing reliance on imports. A two-year-old brand,...
- Congress bats for diamond workersCongress is demanding safeguards for Surat's diamond workers as the industry grapples with the rise of lab-grown diamonds. Jairam Ramesh, C...
- Large export returns, unprocessed inventory hit diamond trade: GTRIThe Global Trade Research Initiative (GTRI) reports a significant drop in India's diamond sector, with a 24.5% decline in rough diamond imp...
- Job losses, factory closures haunt India's diamond sector as trade shine fadesIndia's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory clo...
- A diamond is forever. Even lab-grown diamonds?As a growing number of consumers choose lab grown diamonds and a growing number of leading jewelers start using lab grown, the question is ...
- No hackney diamonds, value up the glimmerStuck in the middle of the value chain, the Indian industry has to fight fires at both ends - depressed prices on oversupply and weak deman...
- Diamond industry still banks on Modi for rescue packageThe public rebuff by Gujarat CM at an international forum of diamond industry in Surat has left diamantaries in a state of shock.
- Modi refuses sops to diamond industryThe captains of the troubled diamond industry looking for a bailout package were coldly reminded of their responsibility towards their work...
- 70 pc diamond units reopen in Surat after Govt interventionIntervention of the state government seems to have paid off for diamond units in Surat as around 70 per cent reopened on Monday after nearl...
- Rough road for Surat diamond industryUntil recently, the Surat diamond industry was faced with a problem of increasing rough diamond prices and shrinking workforce.
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