India Becomes 2nd Largest Diamond Market, Crosses China
The New Indian Express Anantapur|January 08, 2025
BUOYED by the robust growth that has catapulted the country as the world's second-largest diamond market, overtaking China in 2024, apex trade promotion body Gem & Jewellery Export Promotion Council (GJEPC) expects the domestic diamond industry to double by 2023 to become a $17 billion industry, while the overall gems and jewellery market will touch $130 billion by then from $85 billion in 2024.
BENN KOCHUVEEDAN @ Mumbai

Currently, the domestic natural diamonds market is only about $8.7 billion or about a tenth of the $85-billion gems and jewellery industry, while the lab-grown diamonds are about $2 billion, most of which are exported. Vipul Shah, the GJEPC chairman, told TNIE here Tuesday.

Bu hikaye The New Indian Express Anantapur dergisinin January 08, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The New Indian Express Anantapur dergisinin January 08, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE NEW INDIAN EXPRESS ANANTAPUR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
The New Indian Express Anantapur

SA20: Skipper Markram aims a threepeat with Sunrisers Eastern Cape

FRESH from playing a key role in helping South Africa qualify for the third edition of the World Test Championship, Aiden Markram has set his sights on a threepeat with Sunrisers Eastern Cape in the SA20.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

BFI Adopts New Weight Classes

The Boxing Federation of India (BFI) is conducting the men's national championships here in 10 weight categories, in line with the classification introduced by the breakaway World Boxing.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

AFI's big push: De-centralisation of camps

New-look athletics body's one-of-a-kind policy set to encourage inclusivity & have wider pool of players to pick from

time-read
3 dak  |
January 09, 2025
The New Indian Express Anantapur

Janssen-sational: TN Dragons pip Team Gonasika

JIP JANSSEN slammed a hat-trick to steer Tamil Nadu Dragons to a tight 6-5 win over Team Gonasika in a high-scoring Hockey India League (HIL) clash here on Wednesday.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

Malaysia Open: Prannoy, Sat-Chi Enter Round of 16

HS Prannoy's match, his first since the Paris Olympics, was halted by rain on Tuesday.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

Selective application undermines credibility of sports governance

PT Usha and sports ministry are at loggerheads over the Indian Golf Union recognition.

time-read
2 dak  |
January 09, 2025
The New Indian Express Anantapur

Newcastle FC put one foot in League Cup final

NEWCASTLE took a giant stride towards the League Cup final as goals from Alexander Isak and Anthony Gordon earned a 2-0 semifinal, first leg lead at Arsenal on Tuesday.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

SBI Lowers FY25 Economic Growth to 6.3%

The State Bank of India has revised its forecast for India's GDP growth for financial year 2024-25 (FY25) to 6.3%, down from the National Statistical Office's (NSO) projection of 6.4%.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

Sebi finds broker with 1,103 fake client codes

MARKET regulator Sebi has found that a little known stock broker, Stockholding Services, which is the broking arm of Stock Holding Corporation of India, made thousands of fake client codes in violation of the mandatory KYC norms.

time-read
1 min  |
January 09, 2025
The New Indian Express Anantapur

Govt revises Nov gold import figs

Downward revision by $5 billion may result in lower trade deficit for the reported month

time-read
1 min  |
January 09, 2025