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Defaults, lay-offs take sheen off Surat's diamond sector

Sources say of the 4,000 units in Surat, about half have been shut. Image: A model wears a 50.05-carat heart-shaped D-Colour internally flawless diamond pendant. Photograph: Stefan......

Surat traders to float co to buy diamonds directly

Diamond traders here are floating a company to facilitate direct procurement of rough diamonds from the mining countries. The proposed firm, Surat Diamond Sourcing, was likely to have a corpus of......

'India to develop sources for rough diamonds'

India is a world leader in the gems and jewellery industry, but its exports are dependent entirely on imports of rough diamonds, gold and other coloured gemstones. Security of supply of raw......

Why Surat's diamond polishing industry lost its sheen

Did it fail because it was run not like a cooperative with joint decision-making, but as a company whose sole prerogative was profit? It was meant to be the "White Revolution" of the diamond......

Diamond sector fears default on import payments

The falling rupee has taken the sheen off the glittering diamond industry. While gem and jewellery exports have slowed in recent months, the escalating dollar value has put diamantaires in a......
  Web results for Surat Rough Diamond Sourcing
World's largest diamond mining company Alrosa to cut prices

SURAT: Like De Beers, Rio Tinto and other mining companies, the world's largest diamond mining company Alrosa too has decided to lower its rough... ...
VAT on gold jewellery sale likely to be cut in Kerala

03-August-2015 20:25 PM The 5 per cent value added tax (VAT), applicable on sale of gold ornaments, is likely to be reduced. The government has... ...
Recession gives Surat diamond industry a hard time

The diamond industry of Surat, one of the major sources of foreign revenue and livelihood for millions, has hit a rough patch. A number of... ...

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