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GUJARAT DIAMONDS & DESPAIR
The New Indian Express Tiruchy
|December 11, 2024
Severe recession hit the industry in state, over 2k factories shut and 45 lives lost since Diwali
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 Tiruchy.
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FLERE HISTORIER FRA The New Indian Express Tiruchy
The New Indian Express Tiruchy
₹95cr pension arrears: HC tells secy to appear in court
THE Madras High Court has ordered the state finance secretary T Udhayachandran to personally appear before the court on December 5, in connection with a petition related to delay in settling long-pending pension benefits to the retired staff of University of Madras.
1 min
November 27, 2025
The New Indian Express Tiruchy
Cages in MTR to catch tiger that killed woman
OFFICIALS of the Mudumalai Tiger Reserve (MTR) have decided to capture the tiger (MTRT37) that killed a tribal woman by placing two cages at Mavanallah near Masinagudi.
1 min
November 27, 2025
The New Indian Express Tiruchy
Rahul says will uphold federalism, 'won't allow attack on Constitution'
ON the 76th Constitution Day, several Opposition parties including Congress, Trinamool Congress (TMC) and DMK, reaffirmed their resolve to protect the Constitution and uphold federalism.
1 min
November 27, 2025
The New Indian Express Tiruchy
Setback to global HIV response due to fund cuts
THE global response to HIV has suffered its most significant setback in decades, warns a new UNAIDS report released ahead of World AIDS Day 2025.
2 mins
November 27, 2025
The New Indian Express Tiruchy
IPOs DO BOTH: REWARD RISK AND FUND GROWTH
WHAT has been whispered for long was coherently amplified by India's Chief Economic Advisor, V Anantha Nageswaran, at a recent industry conclave.
1 mins
November 27, 2025
The New Indian Express Tiruchy
EC concerned over Bengal CEO's safety, Didi ups ante
EXPRESSING serious concern over a security breach at the West Bengal Chief Electoral Officer's (CEO) office, the national poll body on Wednesday sought an action-taken report (ATR) from Kolkata Police Commissioner Manoj Verma within 48 hours about the safety of the poll officers.
2 mins
November 27, 2025
The New Indian Express Tiruchy
Constitution a guiding vision for India's rise, says Prez
PRESIDENT Droupadi Murmu and Vice-President C P Radhakrishnan reminded the nation on Constitution Day on Wednesday that India's democratic spirit, rooted in its people and its Constitution, continues to guide the country's ambitious journey toward becoming a developed nation.
1 mins
November 27, 2025
The New Indian Express Tiruchy
'Constitution Day must be celebrated in schools': Modi hails right to vote
PRIME Minister Narendra Modi on Wednesday underscored the responsibility of strengthening India's democracy by exercising the right to vote, saying that Constitution Day should also be observed in schools and colleges by celebrating young people turning 18.
1 min
November 27, 2025
The New Indian Express Tiruchy
CJI says will 'consider' petition to revive NJAC, end collegium system
THE Supreme Court on Wednesday said that it will consider a plea to revive the National Judicial Appointments Commission (NJAC) to replace the current collegium system for appointment of judges in the higher judiciary.
1 mins
November 27, 2025
The New Indian Express Tiruchy
India trashes Pak's Ram temple swipe
INDIA on Wednesday strongly rejected Pakistan's criticism of Prime Minister Narendra Modi's participation in a ceremony at the Ram temple in Ayodhya, asserting that Islamabad, with its \"deeply stained record\" on minority rights, lacks the \"moral standing to lecture others.
1 mins
November 27, 2025
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