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.
Denne historien er fra December 11, 2024-utgaven av The New Indian Express Kozhikode.
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Denne historien er fra December 11, 2024-utgaven av The New Indian Express Kozhikode.
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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WINE, VINES & A PERFECT GETAWAY
A long-awaited one-day vineyard getaway from Bengaluru is finally possible now; and it's as delightful as it is unexpected and affordable...
Boy who evolved as a match-winner
BACK then, few would have imagined a young boy from West Mambalam, Chennai, who enjoyed playing tennis ball cricket with his father Ravichandran, would one day go on to play for his state and then take 537 wickets for India in Tests.
Halep gets wildcard for Oz Open qualifier
SIMONA HALEP was handed a wildcard for Australian Open qualifying on Wednesday as the two-time Grand Slam champion attempts to ramp up her return to tennis following a doping ban.
PKL: Tamil Thalaivas rout Warriorz 60-29
MOEIN SHAFAGHI and Himanshu dished out superb performances as Tamil Thalaivas thrashed Bengal Warriorz 60-29 in their Pro Kabaddi League match here on Wednesday.
EVENTFUL CONTEST BEFORE RAIN FORCES A DRAW
IN the end, the result only seemed fitting. On a day that saw eight wickets fall in 24.1 overs in just over five hours and multiple rain and thunderstorm breaks, India and Australia shook hands to call it a draw at 3.25 PM (local time).
Navy's Kiran sails past stars to corner nat'l glory
UP against two established rivals, Navy's Kiran Ankush Jadhav held his own to come out on top in the men's 50m rifle 3 positions (3P) event of the ongoing national shooting championship at the MP State Academy Shooting range in Bhopal on Wednesday.
Vinicius, Bonmati FIFA Best players of the year
REAL Madrid attacker Vinicius Junior won the FIFA Best men's player of the year award at a ceremony in Doha on Tuesday, while Barcelona midfielder Aitana Bonmati picked up the women's prize for the second time.
Sensex sheds 2k points in 3 sessions ahead of Fed decision
AFTER recovering over the past three weeks following two months of selling, domestic equity market is once again under pressure as investors adopt a cautious stance ahead of the crucial Federal Open Market Committee (FOMC) meeting outcome on Wednesday night.
GIC buys majority stake in AHH for $150 mn
BENGALURU-based Asia Healthcare Holdings (AHH) on Wednesday said that Singapore sovereign fund GIC will invest an additional $150 million in the healthcare delivery platform.
GIC buys majority stake in AHH for $150 mn
AHH sees growth in specialty healthcare enterprises
