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India News: The Surat Diamond Bourse has struggled to get diamond traders to move from Mumbai. Here’s why it may not get any easier immediately.
India is cautious about signing free trade agreements (FTAs) as it does not want subsidised goods dumped in the country, External Affairs Minister S Jaishankar said Monday at the ‘Bharat Economic Rising’ — organised by the South Gujarat Chamber of Commerce and Industry (SGCCI) — in Surat. Dubai is an upcoming market for diamonds and […]
Diamond Traders: India's Gem and Jewellery Export Promotion Council (GJEPC) and global diamond trade bodies have raised concerns about the G7 bloc's demand to route rough and polished diamonds through Antwerp for certification as non-Russian. The ban, part of sanctions imposed on Russia since the Ukraine war, will extend to diamonds weighing 0.5 carats and above from September 1.
BKC cops took step after evidence emerged of Zaveri duping another set of diamond traders of Rs 8.63 crore
Police suspect the extent of fraud could increase, have encouraged more people to come forward