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RUSSIA DIAMOND EXPORTS
Thousands of Surat workers are caught in Russia-West crossfireRussia-Ukraine war has impacted the diamond industry in Surat, Gujarat, leading to job losses and factory closures. Western sanctions on Ru...25 Sep, 2024, 08.37 PM IST- EU sanctions Russia's largest diamond producer AlrosaThe European Union on Wednesday imposed sanctions on Russia's state-run diamond giant Alrosa and its CEO as part of a ban on imports of the...03 Jan, 2024, 04.06 PM IST
- Diamond trade polishes its act as Russia sanctions loomAs European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny ...28 Nov, 2023, 02.10 PM IST
- Diamond traders hope Biden visit will restore sparkle to business with USThe Indian diamond trade is hopeful for a better deal with the US following President Joe Biden's attendance at the G20 Summit. The US has ...06 Sep, 2023, 12.54 AM IST
- Fresh sanctions on Russian diamonds put 1 million jobs at riskIndian diamond trade cuts and polishes 9 out of 10 diamonds available in the world and imports Russian diamonds from Alrosa, which accounts...22 May, 2023, 11.35 PM IST
- Plan to slap fresh sanctions on Russia's Alrosa could hit Surat diamond workers“We have been hearing from different sources that there will be fresh sanctions and it will start with large diamonds,” Gem & Jewellery Exp...12 Apr, 2023, 05.56 PM IST
- India may lose Russian facet of diamond tradeAbout a week ago, officials of the US State Department and European Union (EU) alerted leading diamantaires and jewellers in Mumbai that pl...31 Mar, 2023, 08.04 AM IST
- India diamond traders hit by Rupee risks amid Russia supply woesWith Russia’s Alrosa PJSC accounting for about a third of global rough-diamond supply, the $80 billion-a-year industry was thrown into turm...18 Jan, 2023, 01.40 PM 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
- Fresh sanctions on Russia cut Gujarat diamond workers, tooWorking hours have been reduced to eight hours from 12 and units have declared two days off weekly, which is having a bearing on the wages ...11 Apr, 2022, 12.42 AM IST
- Russia resumes export of rough diamonds to IndiaRouting payments through German banks has delayed the payment process by a week, but it has temporarily addressed the worries of diamond ex...17 Mar, 2022, 12.03 AM 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
- Weak rouble may soften rough diamond prices by 2-5%Talking to ET, Mavji Patel, managing director, Kiran Gems, said, “There may be some impact on rough diamond prices if Russia steps up its e...22 Dec, 2014, 09.03 AM IST
- Vladimir Putin's India visit will boost diamond trade: GJEPCGJEPC has expressed the hope that Russian President Vladimir Putin's forthcoming visit to India will boost the diamond sector in both the c...09 Dec, 2014, 07.06 PM IST
- India and Russia to sign diamond trading pactIndia, the world's largest diamond-processing nation and Russia, the world's largest rough diamond producer, have decided to share data on ...10 Apr, 2014, 01.08 PM IST
- India courts Russia’s Alrosa for steady supply of diamondsIndia has offered that state-run trading company MMTC could conclude a long-term agreement with Alrosa, a conglomerate of Russian diamond m...27 Feb, 2014, 06.15 AM IST
- Export duty may take shine off diamondsThe world’s largest mining country - South Africa - plans to change the laws governing its diamond sector, including imposition of an expor...17 May, 2007, 04.05 AM IST
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