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500 more diamond units in Surat resume operations14-MAY-09
Slowly but gradually, the diamond-cutting and polishing industry in Surat is regaining its lost sparkle. Around 500 more units in the diamond city have resumed operations in the past month, as a result of which diamond units are looking for workers again.
Mumbai terror strikes to cloud diamond sales in X'mas09-DEC-08
The hopes of Rs 60,000 crore diamond industry of Surat for revival this Christmas has been dashed with recent terror attacks in Mumbai.
Weaker Re fails to shore up diamond demand04-NOV-08
Weaker rupee seems to have failed to bring cheers to diamond exporters.
Surat's diamond industry reports 15% fall in demand14-OCT-08
Slowdown in the US economy has sent shivers down the spine of not only financial markets across the globe but also taken the sheen off India’s sparkling diamond industry.
US consumers demand low carat jewellery08-APR-08
Diamond jewellery consumers in the US, the worlds largest fashion market, have started demanding items with low gold quantity in accordance with their expenditure target.
Surat loses sheen as diamonds workers flee15-AUG-06
The Rs 4,000-crore diamond industry of Surat is facing a severe economic setback, with the unprecedented floods over the week forcing closure of nearly 10,000 units and driving away its skilled
Industrialists pitch for port in Surat17-DEC-05
The Southern Gujarat Chamber of Commerce & Industry (SGCCI), the apex body representing the trade and industry of the region, has called for developing a seaport in Surat.
Festive season security scare hits Surat diamond trade14-OCT-05
The diamond industry leaders in Surat are gearing up to curb the occurrence of robberies and loot in the diamond industry during the Diwali season.
'Infrastructure bottlenecks hit Surat's growth'30-MAY-05
The lack of a proper airport and other infrastructure facilities is hampering Surat's growth as an export hub of India.
China to take sheen off Indian diamond industry11-MAY-05
Indias position as the biggest diamond exporter seems shaky as China gears up for large-scale diamond manufacturing.
Excise levy to take sheen off emerging brands03-MAR-05
Buying jewellery became that much difficult with finance minister P Chidambaram slapping a two per cent excise duty on branded jewellery in the Union Budget 2005-06.
Diamond industry seeks exemption from VAT14-FEB-05
The diamond industry is seeking exemption from value added tax (VAT).
Diamond industry plays down child labour charges13-DEC-04
Though the International Labour Organisation (ILO) had recently reported the prevalence of child labour in the diamond industry, sector players in the state have condemned the allegations.
Green signal for three SEZs near Surat01-OCT-04
The Central government has on September 24 agreed in principle to develop three special economic zones in the state.
Flights from Surat airport to take off on July 1816-JUL-04
Air Deccan will begin operating the Mumbai-Surat-Bhavnagar from Surat airport from July 18, said district collector, Pankaj Joshi.
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