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Despite US Tariffs, India's Services Trade Surplus Set To Hit Record $207 Billion: Report
While merchandise exports are projected to remain under pressure due to US tariffs, India's services trade surplus is expected to hit a record $205-207 billion in FY26, a report showed on Wednesday.
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Gold Bars Worth Rs 80 Crores, 19.66 Kg Jewellery Seized In Ahmedabad
Directorate of Revenue Intelligence (DRI) conducted a search at a residential flat in Paldi, Ahmedabad on March 17, 2025, along with the officers of Gujarat Anti-Terrorism Squad (ATS).
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Surat Diamond Bourse: 5 Facts On World's Largest Office Overtaking Pentagon
PM Narendra Modi will inaugurate the world's largest corporate office hub, 'Surat Diamond Bourse' today. It will be the biggest hub for worldwide trade in jewellery and diamonds, serving as a global marketplace for polished and unpolished stones.
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Diamond Trade's Shift From Mumbai To Gujarat Will Cost Jobs: Sharad Pawar
Day before PM Modi will inaugurate the Surat Diamond Bourse, Nationalist Congress Party (NCP) chief Sharad Pawar said that earlier diamond trade used to take place in the Bandra Kurla Complex of Mumbai, from where it has been shifted to Gujarat.
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G7 Looks To Take Shine Off Russian Diamonds During India Visit Next Week
Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said
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US Lawmakers Want India To Restrict Sale Of Russian-Origin Diamonds
A bipartisan group of American lawmakers has sought help of Biden administration in restricting the international trade and sale of Russian-origin diamonds, in view of the massive sanctions that the US and its European allies have imposed on Moscow.
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Diamonds, Death And Despair: Suicides Shroud India's Gem Industry
After polishing diamonds destined for luxury stores from New York to Hong Kong for nearly 10 hours in a cramped workshop in Gujarat, Vikram Raujibhai went home, waited for his family to leave, and locked the front door.
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Diamond Dealers On Why They Stopped Trade With Nirav Modi, Mehul Choksi
Some diamond merchants in country's biggest centre for trading the precious gemstones say they had stopped dealing with Nirav Modi and his uncle Mehul Choksi - two big-name jewellers accused of massive bank fraud - because they were often slow to pay dues.
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Mehul Choksi, "Pappu Of Diamond Trade", Owns 22 Companies
Mehul Choksi - the main accused in Rs 11,300 crore bank fraud along with his nephew Nirav Modi -- was known as "Pappu" among diamond traders. It was a nickname he had from his growing years in Palanpur, a small town in Gujarat. The man, who started as a trader in Mumbai, went on to own 22 companies and became a regular in Bollywood circuit - unusu...
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Ten Arrested For Duping People In US, India Of Diamonds Worth $9 Million
Ten people have been arrested and two others charged for allegedly duping persons in New York, Las Vegas and Mumbai to the tune of over US $9 million through fraudulent diamond trade.
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Government to Set Up Special Notified Zone for Diamond Trade Soon
The government will soon set up a special notified zone (SNZ) to facilitate imports and trading of rough diamonds which will boost the gems and jewellery sector, a senior government official said in Mumbai today.
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Info on Blood Diamonds Could Help India, Says Whistle-blower to NDTV
The information that Herve Falciani leaked while he was still an employee of HSBC in Geneva included secret accounts that were allegedly being used by Belgian companies trading in blood diamonds, which are mined and sold to fund insurgencies, often by warlords.
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Man arrested for stealing diamonds worth Rs 1.25 crore
A 30-year-old daily wage worker of a firm dealing in diamond trading was arrested from suburban Malad in Mumbai for allegedly stealing diamonds worth Rs 1.25 crore ten days ago, police said on Saturday.
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Despite US Tariffs, India's Services Trade Surplus Set To Hit Record $207 Billion: Report
While merchandise exports are projected to remain under pressure due to US tariffs, India's services trade surplus is expected to hit a record $205-207 billion in FY26, a report showed on Wednesday.
-
Gold Bars Worth Rs 80 Crores, 19.66 Kg Jewellery Seized In Ahmedabad
Directorate of Revenue Intelligence (DRI) conducted a search at a residential flat in Paldi, Ahmedabad on March 17, 2025, along with the officers of Gujarat Anti-Terrorism Squad (ATS).
-
Surat Diamond Bourse: 5 Facts On World's Largest Office Overtaking Pentagon
PM Narendra Modi will inaugurate the world's largest corporate office hub, 'Surat Diamond Bourse' today. It will be the biggest hub for worldwide trade in jewellery and diamonds, serving as a global marketplace for polished and unpolished stones.
-
Diamond Trade's Shift From Mumbai To Gujarat Will Cost Jobs: Sharad Pawar
Day before PM Modi will inaugurate the Surat Diamond Bourse, Nationalist Congress Party (NCP) chief Sharad Pawar said that earlier diamond trade used to take place in the Bandra Kurla Complex of Mumbai, from where it has been shifted to Gujarat.
-
G7 Looks To Take Shine Off Russian Diamonds During India Visit Next Week
Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said
-
US Lawmakers Want India To Restrict Sale Of Russian-Origin Diamonds
A bipartisan group of American lawmakers has sought help of Biden administration in restricting the international trade and sale of Russian-origin diamonds, in view of the massive sanctions that the US and its European allies have imposed on Moscow.
-
Diamonds, Death And Despair: Suicides Shroud India's Gem Industry
After polishing diamonds destined for luxury stores from New York to Hong Kong for nearly 10 hours in a cramped workshop in Gujarat, Vikram Raujibhai went home, waited for his family to leave, and locked the front door.
-
Diamond Dealers On Why They Stopped Trade With Nirav Modi, Mehul Choksi
Some diamond merchants in country's biggest centre for trading the precious gemstones say they had stopped dealing with Nirav Modi and his uncle Mehul Choksi - two big-name jewellers accused of massive bank fraud - because they were often slow to pay dues.
-
Mehul Choksi, "Pappu Of Diamond Trade", Owns 22 Companies
Mehul Choksi - the main accused in Rs 11,300 crore bank fraud along with his nephew Nirav Modi -- was known as "Pappu" among diamond traders. It was a nickname he had from his growing years in Palanpur, a small town in Gujarat. The man, who started as a trader in Mumbai, went on to own 22 companies and became a regular in Bollywood circuit - unusu...
-
Ten Arrested For Duping People In US, India Of Diamonds Worth $9 Million
Ten people have been arrested and two others charged for allegedly duping persons in New York, Las Vegas and Mumbai to the tune of over US $9 million through fraudulent diamond trade.
-
Government to Set Up Special Notified Zone for Diamond Trade Soon
The government will soon set up a special notified zone (SNZ) to facilitate imports and trading of rough diamonds which will boost the gems and jewellery sector, a senior government official said in Mumbai today.
-
Info on Blood Diamonds Could Help India, Says Whistle-blower to NDTV
The information that Herve Falciani leaked while he was still an employee of HSBC in Geneva included secret accounts that were allegedly being used by Belgian companies trading in blood diamonds, which are mined and sold to fund insurgencies, often by warlords.
-
Man arrested for stealing diamonds worth Rs 1.25 crore
A 30-year-old daily wage worker of a firm dealing in diamond trading was arrested from suburban Malad in Mumbai for allegedly stealing diamonds worth Rs 1.25 crore ten days ago, police said on Saturday.
