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Thursday, September 25, 2025
TopicDiamonds

Topic: diamonds

Modi giving a lab-grown diamond to Jill Biden is an act of patriotism. Boosts the industry

Even the controversy may be considered a blessing in disguise—the popularity of green diamonds exported from India may increase even more.

Synthetic diamonds, shell companies, overvalued jewellery — how money is laundered in diamond trade

Modus operandi employed by diamond jewellery businesses to launder money involves import of cheap, synthetic diamonds that are usually overvalued by over 100 times, it is learnt.

Key Atlantic current system, transporting organisms & resources, could be facing collapse

ScientiFix, our weekly feature, offers you a summary of the top global science stories of the week, with links to their sources.

Surat’s diamond industry has a suicide problem. Police to bosses, nobody wants to join the dots

At least eight diamond workers in Surat have died by suicide in the past three months with about 15,000 laid off while the industry's losses have increased from 1% to 15-20% annually in the last five years.

Lab-diamond boom divides Surat. ‘If everyone had Kohinoor, would it still have value?’

India exported lab diamonds worth $216.07 million in financial year 2017-18. The latest numbers – between April 2022 & February 2023 – stand at $1568.55 million.

Diamonds, made in a lab: IIT Madras gets Rs 242 cr from Budget for project, calls it ‘historic’

Finance Minister Nirmala Sitharaman, while announcing the allocation for lab-grown diamonds in the 2023 Budget, had called it an 'emerging sector with high employment potential'.

Scientists create soft robots that grow like plants

ScientiFix, our weekly feature, offers you a summary of the top global science stories of the week, with links to their sources.

Global diamond trade struggles after being hit by US sanctions on Russia

Losing access to Russian diamonds over long term would devastate the industry, jeopardising thousands of jobs in India and hitting major trading centers across the world.

Diamonds & blood: How sanctions against Russian diamond industry can help crime, hurt India

Even though exports to India make up just about 10% of Russian direct sales, Indian diamantaires fear they could end up on the frontline of the war in Ukraine.

Surat’s new diamond bourse wants Mumbai’s glitter, gets slammed for ‘objectionable’ incentives

Surat Diamond Bourse, currently under construction, is expected to open in 3 or 4 months. It is expected to house nearly 4,400 merchants and employ about 1.5 lakh people.

On Camera

Aryan Khan has turned his camera on us. ‘I won’t be your victim again,’ he is saying

The Bads of Bollywood isn’t just about the film industry’s chaos. It’s also a show about India’s chaos: the narratives, the gatekeepers, the false morality.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.