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GUJARAT DIAMONDS & DESPAIR
The New Indian Express Sambalpur
|December 11, 2024
LOSING SPARKLE
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.
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FLERE HISTORIER FRA The New Indian Express Sambalpur
The New Indian Express Sambalpur
Rumesh's 92.62m second-best in Asia
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The New Indian Express Sambalpur
Rift with JMM widens as Cong names RS candidate
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2 mins
June 06, 2026
The New Indian Express Sambalpur
Hydroelectric project over Chenab fasttracked
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1 mins
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The New Indian Express Sambalpur
Ivory Coast shock France; Spain held
AMAD Diallo scored a late winner as Ivory Coast stunned France 2-1 in a World Cup warm-up match in Nantes on Thursday.
1 min
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The New Indian Express Sambalpur
Rollout of Smart Border to enhance security soon, assures Shah in Tripura
UNION Home Minister Amit Shah on Friday said that India would soon introduce pilot projects for smart borders at multiple locations, which will entail use of drones, sensors and smart fencing to enhance security and surveillance.
1 min
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The New Indian Express Sambalpur
Digvijaya corners govt on NEET leak
AMID the NEET-UG paper leak row, Congress MP and parliamentary panel chairman Digvijaya Singh on Friday wrote to Prime Minister Narendra Modi, urging the government to issue a white paper on the instances of leaks or irregularities in NTA-conducted examinations in the last eight years and the action taken on them.
1 min
June 06, 2026
The New Indian Express Sambalpur
Cong peeved at NCP for taking back candidates
THE Congress in Maharashtra is upset with former Union Minister Sharad Pawar-led NCP SP for its decision to withdraw its candidates from the biennial MLC elections in Thane and Pune and alleged that the party was indulging in settlement politics.
1 min
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The New Indian Express Sambalpur
WILL RBI BE FORCED TO RAISE RATES IN FY27?
THE Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% may have offered temporary relief to borrowers, but the central bank’s sharply revised inflation outlook has reopened a debate on whether rate hikes could return later in FY27.
1 min
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The New Indian Express Sambalpur
CBSE files plaint over cyber attacks
AFTER weeks of technical glitches that disrupted the re-evaluation process for Class XII students, the CBSE on Friday lodged a complaint with the Delhi Police, citing coordinated cyber attacks on its post-result services portal.
1 min
June 06, 2026
The New Indian Express Sambalpur
‘Bit disturbed’ Rahul ups ante, says Great Nicobar project not about def
CONGRESS leader Rahul Gandhi on Friday said the Modi government’s argument that the Great Nicobar Island project is about defence and a transshipment port is a ‘lie’ and alleged that it is actually about helping a businessman build hotels and casinos on India’s most irreplaceable ecological land.
1 min
June 06, 2026
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