With the stimulus that China is about to unveil, demand from the neighbouring country is expected to grow strongly as it is low on inventory. An easing of geopolitical risks with the hopes of a resolution to the Russia-Ukraine conflict are what Indian gems and jewellery exporters pin hopes on.
Gross exports of cut & polished diamonds in November 2024 amounted to $666 million – a decline of 39.8% in comparison to the year-ago month. "In response to this, many diamond companies are cutting down production and there are still several factories that haven't been operating at full capacity since Diwali," Shah said.
Denne historien er fra December 28, 2024-utgaven av Financial Express Ahmedabad.
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Denne historien er fra December 28, 2024-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Farewell, Dr Manmohan Singh
FORMER PM CREMATED WITH FULL STATE HONOURS
Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash
But stops short of admitting airliner was shot down
Hallucinatory AI May Not Necessarily Be a Bad Thing
The smart machines, it turns out, are dreaming up riots of unrealities that help scientists track cancer, design drugs, and even win the Nobel Prize
Genome reveals how a small group burst out of Africa
DNA from European fossils dating back 45,000 years offers new clues to how our species spread across the world
What does the future hold for out-of-form India captain Rohit Sharma?
India captain Rohit Sharma's current form is a cause for concern, as he has only managed one 50-plus score in his last 14 innings. His last Test century was in March against England, and his recent performances in Australia have been particularly disappointing. Questions are being raised about his future in the game, especially given his age and the team's struggles.
Defiant push to change Constitution
Support of two-thirds of the members present and voting required to pass a Constitution Amendment Bill. The Opposition needs only 182 votes in the Lok Sabha to defeat the Bill. The I.N.D.I.A. bloc has 234 seats.
Heavy snowfall throws life out of gear in J&K
Cold wave grips entire north India
Punjab Farmers Call For Kisan Mahapanchayat On January 4
FARMERS, on a warpath against the Centre, on Saturday called for a \"Kisan Mahapanchayat\" at the Khanauri protest site on January 4.
Relief for Vi; DoT waives bank guarantee
VODAFONE IDEA HAS been granted waiver of bank guarantee for spectrum auctions held in 2012, 2014, 2016, and 2021, the telco informed the exchanges on Saturday.
Retail investors pump in ₹1.5 L cr into cash market
IN LINE WITH domestic institutional investors, retail investors also pumped in a record ₹1.55 lakh crore into the cash market during January-November, as per NSE data.
