WHILE diamonds are often regarded as timeless treasures, the industries that create these precious gems are currently facing significant challenges. A severe recession has impacted the diamond industry in Gujarat, leading to the closure of more than 2,000 factories—approximately 50% of the total—after the Diwali vacation, according to the Gujarat Diamond Workers Association.
This year, the crisis has driven 45 gem artisans to take their own lives amid rising unemployment. The government has acknowledged in the Rajya Sabha that the diamond sector has struggled for the past three years due to declining demand in key export markets and supply chain disruptions, including G7 sanctions on diamonds of Russian origin.
Diese Geschichte stammt aus der December 11, 2024-Ausgabe von The New Indian Express Jeypore.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 11, 2024-Ausgabe von The New Indian Express Jeypore.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
India lifts restrictions on WhatsApp Payments: What it means for Meta
In a move that could enhance digital payments in India, the Indian government has lifted restrictions on WhatsApp Payments. This decision
Emerging technologies to drive job growth in 2025
Artificial Intelligence (AI), which was a major trend in 2024, is expected to further accelerate in 2025.
Storm Before The Biggest Test
Despite dressing room 'chaos', India would hope to salvage pride in Sydney and keep hopes of qualifying for WTC final alive
Salima dedicates Arjuna to teammates
FOR her contribution to Indian hockey, women's team captain Salima Tete was named amongst the Arjuna Awardees in the National Sports Awards 2024 list announced on Thursday.
Hope my goals help Arsenal win title
GABRIEL Jesus is determined to keep scoring as Arsenal look to end their more than 20-year wait for a Premier League title.
Bagan start year with win over Hyderabad FC
MOHUN Bagan Super Giant started the New Year with a 3-0 victory over Hyderabad FC at the Vivekananda Yuba Bharati Krirangan in Kolkata in the Indian Super League (ISL) 2024-25 season.
HIL: UP Rudras blank Soorma Hockey Club
UP Rudras blanked Soorma Hockey Club 3-0 in their Hero Hockey India League contest here on Thursday.
With $20.5 bn from IPOs, Dalal Street 2nd busiest mkt
DALAL Street has been the second busiest market in the world, with a mop-up of $20.5 billion from the initial public offerings (IPOs).
Blinkit 10-min ambulance service in Gurugram
ZOMATO's quick commerce platform Blinkit on Thursday launched its 10-minutes Ambulance Service in select areas of Gurugram.
Hyundai Unveils Creta Electric With Two Battery Choices, 473 Km Range
HYUNDAI Motor India's (HMIL) first locally manufactured mass electric vehicle (EV) - the Creta Electric - will come with two battery packs - a 51.4 kWh (Long Range) offering a driving range of 473 km and a 42 kWh offering a driving range of 390 km in a single charge.
