India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said.
Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.
Lionel Messi's GOAT Tour began amid chaos and vandalism at the Salt Lake Stadium, but for former India players Dipendu Biswas and Syed Rahim Nabi, it still turned into the moment of a lifetime in Kolkata on Saturday.
As the 50 per cent US tariffs on the Indian imports came into effect on Wednesday, the stakeholders of the diamond industry in Surat believe that the market will be affected due to US' decision only for a short period of time as India controls 90% of diamond production.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
As debts mount, Gitanjali Gems is switching from gold to diamond jewellery besides diversifying into new areas to tide over the restrictions on the gold business.
'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'
Argentine superstar footballer Lionel Messi's touchdown in Kolkata in the early hours of Saturday sent the city into a frenzy.
Nursing a long-standing groin injury, Neeraj Chopra claimed a silver medal in the Paris Olympics.
On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.
There was no money, sponsors didn't make a beeline and foreign tours were an ordeal, but there were women of steel who believed in the old adage that "the show must go on." And Nutan Gavaskar was the first among equals, one of the torchbearers of the women's cricket movement in India back then in 1973.
Nursing a long-standing groin injury, Chopra claimed a silver in the Paris Olympics on August 8 with a 89.45m throw
India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.
A recent KPMG report predicted that by 2015, China's share of the global processing business would be 21.3 per cent to India's 49 per cent.
The Enforcement Directorate (ED) has accused Karnataka Congress MLA K C Veerendra of collecting over Rs 2,000 crore through online betting sites. The agency alleges that Veerendra and his associates used various gateways and fintech service providers to mask their illicit activities.
The federal probe agency also said it seized Rs 12 crore in cash (including about Rs crore in foreign currency), gold jewellery worth Rs 6 crore, silver about 10 kg along with four vehicles following raids launched on Friday in multiple states.
The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).
IndianAmerican entrepreneur and philanthropist Mona Patel joined the ultraglamorous guest list at JeffBezos and LaurenSnchez's lavish prewedding celebrations in Venice.
Recent defaults have made a section of traders contemplate moving towards promissory notes.
With Valentine's Day falling on a Friday, travel is picking up as people look for quick getaways.
We are aggressively building our diamond business. In this respect, from the budget we are looking forward to the Presumptive tax which will help the Indian diamond industry to compete with Antwerp and Tel Aviv as a premier diamond trading hub.
'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'
Hundreds of diamond cutting, polishing units and textile factories in Surat, considered the diamond hub of India, have been closed for the past three days due to flooding in the city, resulting in losses worth crores of rupees.
rediffGURU Pushpa R, founder of Radiant Yoga Vibes, suggests how yoga can help you lead a healthy life.
Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.
Indian diamond business community in Belgium's Antwerp city has gained control over the trade's main governing body, the Diamond High Council.
There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
Alia Bhatt's former secretary Vedika Shetty was arrested by the Juhu police in Mumbai for swindling Rs 76 lakhs from her production house, Eternal Sunshine Productions Pvt Ltd, and her personal accounts.
Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.
The Foreign Investment Promotion Board is believed to have cleared the proposal of the Netherlands-based Star Diamond group to set up a joint venture in India to undertake diamond business.
The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.
US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'
'We did not know we would one day dominate nearly 70 per cent of the market.' 'Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.' A fascinating excerpt from Shantanu Guha Ray's The Diamond Trail: How India Rose To Global Domination.
