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DIAMOND PROCESSING IN SURAT
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 opportunities13 Apr, 2026, 10.47 AM IST- Ajmer dhobi who lost PAN gets income tax notice for 'diamond' transactions worth nearly Rs 600 croreAn Ajmer washerman received an income tax notice for transactions exceeding Rs 598 crore, linked to diamond trading. He denies any knowledg...09 Apr, 2026, 02.31 PM IST
- From rough to radiance: Surat’s diamond industry that powers millionsNatural diamonds' value stems from human skill, transforming raw stones into meaningful treasures. India, particularly Surat, processes ove...16 Mar, 2026, 04.19 PM IST
- Jaishankar raises India’s concerns over restrictions of Russian diamonds with BelgiumNew Delhi is concerned over Western ban on rough diamond imports from Russia, the world's biggest diamond producer and the biggest source o...09 Apr, 2024, 10.39 PM IST
- Surat Diamond Bourse: 4500 offices, 70 lakh sq ft area, 130 elevators, 22 km passage...inside the world's largest office buildingToday, Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world's largest center for global diamond and jewelry trade. ...17 Dec, 2023, 11.40 AM IST
- 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...25 May, 2022, 11.52 PM IST
- Diamond traders fear job losses even as Russia Co assures supplyThe diamond industry in Surat employs nearly 800,000 people and is said to have processed 14 out every 15 diamonds available in the world.03 Mar, 2022, 12.49 AM IST
- GST has divided Surat: While textile languishes, diamond trade unaffectedThe 0.25% GST levy on rough diamonds is basically meant for tracking the transit of diamonds rather than mopping up any additional revenue ...01 Jul, 2018, 09.49 AM IST
- GST regime affects small diamond units in GujaratDamjibhai Mavani, secretary of Surat Diamond Association, said, “It will take at least a year to put things in order. This is the problem o...31 Jul, 2017, 01.31 PM IST
- Race is on between Mumbai and Surat to become largest diamond-trading hub in IndiaThe rivalry between Mumbai-based diamond trade and the diamond cutting and polishing industry in Modi's home state Gujarat is heating up.08 Dec, 2014, 12.27 PM IST
- Seeking membership: Global players keen to join Surat Diamond BourseDiamond merchants from Belgium, Dubai, Israel and Hong Kong are keen on joining the upcoming Surat Diamond Bourse and have applied for memb...11 Aug, 2014, 01.42 AM IST
- Zimbabwe's diamonds are dirty: WikiLeaksA US document — released by WikiLeaks —says that thousands have been murdered as a result of Zimbabwe's illicit diamond trade.14 Dec, 2010, 03.03 PM IST
- Surat top player in big diamond processingThe world’s biggest diamond cutting and polishing centre in Surat has become a top player in global diamond industry by processing almost 8...28 Dec, 2009, 01.32 AM IST
- Diamonds lose their lustre, forcing layoffs in IndiaIndia's diamond biz shed 50% labour force as export dry with crisis crippling demand.29 Mar, 2009, 10.06 AM IST
- Rosy Blue & Rapaport to invest in SuratSlowdown blues have not stopped investments in Surat, the diamond destination for the world.27 Dec, 2008, 02.47 AM IST
- Rapaport feels need for cash mkt for diamondsMartin Rapaport, the maverick in world diamond industry, is a rather controversial figure who went against the tide to commoditise diamonds...27 Dec, 2008, 02.39 AM IST
- High gold prices hit diamond tradeThe massive rise in the price of gold globally this year has hit the diamond trade, especially in Surat, where nine of the world’s 11 diamo...21 Nov, 2006, 12.00 AM IST
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