The Gujarat diamond polishing centres employ over 8 lakh workers and as many as 25 lakh are indirectly involved in ancillary industries. Thousands of workers have been thrown out on the streets as ...
Two months after the Gujarat government declared a rare financial assistance package for distressed diamond units and workers in the state, the government on Tuesday told the state legislature that it ...
MUMBAI-A diplomatic standoff over India’s energy purchases from Russia has escalated into a trade war, with significant economic consequences for the Indian subcontinent. The repercussions are being ...
AHMEDABAD: Despite a Gujarat government scheme announced on May 24 promising Rs 13,500 annual school fee aid for children of diamond workers hit by global crises like wars and tariffs, zero relief has ...
In order to support an ailing diamond industry in Gujarat, the State government on Saturday declared a “rare” financial assistance package for both the diamond units and the diamond workers. Special ...
Surat, often referred to as the diamond city, is currently experiencing significant challenges. The ongoing drop in demand for diamonds in global markets has led to the diamond industry facing its ...
The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat's Saurashtra region, impacting small units in Bhavnagar, Amreli, and Junagadh. Export orders have been delayed or ...
As India grapples with the negative impact of US President Donald Trump's tariffs on its businesses and the economy, Gujarat has started to feel the heat. Several key sectors of Gujarat's economy, ...