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Two diamond traders in Surat have been booked by the Mahidharpura police for allegedly cheating two other traders of diamonds worth Rs 27 lakh. The accused traders neither returned the diamonds nor paid the money. Read more on this news at Surat Police.
Modi, when inaugurating the Surat Diamond Bourse (SDB) on Sunday, had suggested to Chief Minister Bhupendra Patel to start foreign language courses at VNSGU.
This is because of a slowdown in business, primarily due to conflicts abroad, first the Russia-Ukraine war and then the Israel-Hamas war, according to diamond traders.
Surat: With prices of a few categories of polished diamonds dropping further by 1.
The 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 reduced imports of cut and polished diamonds from India by nearly 50% due to concerns that some of these stones might be indirectly sourced from Russia.