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DIAMOND MARKET RECESSION
Polished diamond rates crack 35% in a month to touch 2004 levelsThe maximum price fall has happened in diamonds sized between .25 carat to 3 carats, said Kirit Bhansali, vice-chairman, of the Gem & Jewel...26 Oct, 2023, 01.29 PM IST- 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....06 Jan, 2023, 12.50 AM IST
- Diamond market is expected to be strong through the first half of 2022: Bain & CompanyThe report also adds production is expected to hit 120 plus million carats in 2022 but is unlikely to reach pre-pandemic levels within the ...08 Feb, 2022, 02.52 PM IST
- India shining for diamond industry: De BeersDe Beers, the world's largest diamond miner, sees the industry's biggest opportunity in India, with its burgeoning economy and emerging mid...22 Sep, 2015, 01.02 AM IST
- Diamond rate list to help consumers know right priceIndian consumers can now get international diamond prices in Indian rupee and verify them with those offered by jewellers. Diamond buyers c...23 Apr, 2011, 05.07 AM IST
- Surat diamonds gear up for grand ChristmasEnd to roughs shortage in sight for world’s top processors.29 Jul, 2010, 04.32 PM IST
- Gems, jewellery export up by 16 pc in FY10India's gems and jewellery exports grew by 16 per cent at USD 28 billion last fiscal due to revival in demand in major markets as well as r...27 Apr, 2010, 07.24 PM IST
- DIL concludes deal of rough diamonds from NDTC, NamibiaDIL currently sources rough diamonds from Alrosa, Russia, as also rough diamonds of Angolan origin. It is in the advanced stage of negotiat...31 Aug, 2009, 01.17 AM IST
- Indian diamond traders find a friend in ChinaIt's not yet clear if China can lead the world out of recession, but the Asian giant is certainly helping Indian diamond traders out of the...04 Aug, 2009, 04.42 AM IST
- Local diamond sales double in 3 monthsWith prices of polished diamonds slumping as much as 15% during the one-year-long global recession, the precious stone is being increasingl...27 Jun, 2009, 01.13 AM IST
- 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...07 Mar, 2009, 03.02 AM IST
- Diamond polishing loses edge as mounting job losses take tollFaced by hardships of life, Jivraj had to take up a job he had never imagined before or had any hands-off experience.31 Dec, 2008, 12.00 AM IST
- Turning recession into opportunityIf there is anything that would shine for the recession-hit diamond industry then it is the state that houses it.27 Dec, 2008, 02.50 AM IST
- Geetanjali to invest Rs 3k cr in three jewellery SEZsDefying recession blues, Mumbai-based Geetanjali Gems Limited will invest Rs 3,000 crore in Gujarat in the next five years to set up three ...27 Dec, 2008, 02.49 AM IST
- Martin Rapaport to guide Surat diamond industry on recessionAmerican entrepreneur, Martin Rapaport, known as a maverick within the diamond industry, will guide diamond industry of Surat on fighting r...25 Dec, 2008, 07.36 PM IST
- Recession hits jewellery artists the mostArtisans employed in the gems and jewellery are now feeling the impact of economic recession.15 Nov, 2008, 02.00 AM IST
- Indian diamond players shut 200 offices in USNearly 700 offices of Indian outfits in US and more than 200 offices have been closed down, most of them in the last 4 months. World's bigg...05 Nov, 2008, 04.30 AM IST
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