Traders in Surat say rough diamonds that arrive in India are 'substantially transformed'. Any G7 sanctions on Russian diamonds will negatively hurt industry, they fear.
London court issued the order against fugitive diamond merchant Jatin Mehta & family, being investigated for allegedly defrauding consortium of banks, at 'ex-parte' hearing, says lawyer.
Gold jewellery continues to see decline in exports due to 'sluggish' markets such as the Gulf. But experts say overall gems & jewellery exports could touch $41 billion in 2021-22.
30-year-old Huzefa Vana, a Dubai-based diamond merchant from Gujarat, also has friends all around the globe and some of the Indian superstars are on the list too.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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