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DIAMOND INDUSTRY JOBS
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...- Natural diamonds, real change: Driving sustainable impact in IndiaThe diamond industry is prioritizing sustainability, with India leading the charge by integrating a fifth 'C' – conscience – alongside trad...
- 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...
- 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...
- FM Nirmala Sitharaman bullish on gems & jewellery sector opening new skilled job opportunitiesA significant grant supports lab-grown diamond research at IIT Madras. The Finance Minister inaugurated a new jewellery institute in Udupi....
- Nirmala Sitharaman inaugurates Gems and Jewellery Institute campus in UdupiUnion Finance Minister Nirmala Sitharaman inaugurated the Indian Institute of Gems and Jewellery in Udupi. The centre provides professional...
- West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
- US tariffs leave a deep cut in India's diamond industryUS tariffs on diamonds, escalating from 10% to 50% since April, have led to approximately 100,000 job losses in Saurashtra's diamond cuttin...
- World Diamond Council urges US to exempt natural diamonds from tariffsWorld Diamond Council requests US government to exclude natural diamonds from tariffs. The council warns of potential job losses and econom...
- 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...
- 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...
- 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...
- 'Lab diamonds help create jobs'In June, Prime Minister Narendra Modi had gifted an eco-friendly lab-grown diamond to the US first lady Jill Biden during his US visit.
- 20,000 jobs lost in Surat as diamond demand fadesSurat, the main centre of India's diamond industry, offers employment to some 800,000 workers in its 4,000-odd cutting and polishing units....
- 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 ...
- Diamond industry seeks GST waiver on supply of stones meant for exportThe supply to a job worker doesn't attract any GST, but there's a 5% levy on labour for precious stones.
- Diamond industry seeks waiver of GST on supply of stones meant for exportThis comes days after the GST Council created a separate, 3% slab for precious metals and diamonds, giving into industry demands for a lowe...
- Diamond consumption in India, China to equal US: Andrey Polyakov of ALROSAWe will spend a lot of money along with retailers and polished diamond producers on marketing to drive demand for this special stone.
- Slump-hit diamond sector may sparkle againRBI taskforce has stressed on helping displaced workers by extending soft loans with elongated repayment cycle and creation of education fu...
- 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...
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