Surat: All is not well in the gems and jewellery industry in India, especially in the world’s largest diamond cutting and polishing centre in Surat. A scary picture emerges when one looks at the import and export figures of the diamond jewellery sector during 2025-26. There has been a huge decline in the diamond jewellery export to the tune of 35% due to the ongoing war in the Middle East. According to the export figures of diamond jewellery released by the Gems and Jewellery Export Promotion Council (GJEPC), it is found that in March 2024, a total of Rs. 23821.76…
Author: Melvyn Thomas
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New Delhi: Indians are bracing for a significant rise in the petrol and diesel prices due to rising crude oil prices. If experts are to be believed then petrol may become expensive by ₹18 and diesel by ₹35 per liter. A report by foreign brokerage firm Macquarie has said that despite crude oil being expensive, petrol and diesel prices in the country are stable. This is causing losses to companies. In such a situation, companies may increase prices after the elections in 5 states including West Bengal are over. Crude oil price increased by 27 dollars in 46 days Date…
Mumbai: This Akshaya Tritiya, Senco Gold & Diamonds unveils Bangle Utsav 2026, a campaign that reframes one of India’s most timeless jewellery traditions through the lens of a generation that lives life on its own terms. At its heart lies a resonant idea: Senco’s Bangle Utsav is a celebration of the modern Indian youth’s spirit, unapologetically alive, always in motion, and deeply expressive. Inspired by the thought meri zindagi mere haathon mein, the campaign honours the quiet power of hands: hands that think, build, question, create and move with intention. In the campaign film, the story unfolds entirely through these…
Mumbai: Akshaya Tritiya is not just another festive date, it is a moment of belief, where every purchase is seen as the beginning of something enduring. For generations, it has been associated with purchases that carry forward value, meaning, and intent. This year, Divine Solitaires reimagines this tradition with its Diamond Coin, a modern heirloom designed for those who seek more than just ritual, but a deeper sense of permanence in what they choose to own. Crafted to mark new beginnings while holding long-term significance, the Diamond Coin brings together the emotional weight of the occasion with the enduring value…
Surat: About 15 individuals and companies doing exemplary work for the upliftment of the society were felicitated at the SGCCI golden jubilee award organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) at Sarsana. The golden jubilee award function was attended by Sandeep Engineer, President of GCCI and Founder, Chairman and Managing Director of Astral Limited. Nikhil Madrasi, president of SGCCI said that former SGCCI president Rajnikant Marfatiya, had started the SGCCI Golden Jubilee Memorial Trust and Golden Jubilee Award with the aim of appreciating the individuals and institutions who do important work for the upliftment of the…
Gandhinagar: The Taiwanese company has signed a memorandum of understanding (MoU) with the Gujarat government to build an Indo-Taiwan industrial park in Sanand-Dholera with an investment of Rs 100 crore. This comes at a time when Gujarat is becoming a popular place for semiconductor manufacturing and projects worth over Rs 1.24 lakh crore are already being built in the state. The state government has taken an important step to speed up the process of making Gujarat a semiconductor hub, in line with the goals of the India Semiconductor Mission. This is thanks to the visionary leadership of Prime Minister Narendrabhai…
Ahmedabad: In a moment of pride, three young female athletes, who were supported and nurtured under the Chiripal Group’s Squash Excellence Programme, will now represent India at the prestigious 33rd Junior Asian Squash Championship. The selection results were recently announced and now, the trio will compete with other players from Asia, during the tournament held from May 20-24 this year in China. Aadya Budhia (Girls U15 category) from Ranchi, who is coached by Mr Sudesh Kannah, along with Diva Parasampuriya (Girls U15 category) from Chennai, who is coached by Mr Ranvijay & Mr. Satish and Riya Dalal (Girls U13…
Mumbai: A fitting tribute to the “World Diamond Day” launched by Natural Diamond Council was celebrated in Bharat Diamond Bourse on 8th of April with much fanfare. History of diamonds, from evolution to the present day was depicted through huge panels bearing pictures and descriptions of the respective eras. Images and educational text showed the important partner countries involved in the evolution of diamond mining, manufacturing & marketing as well as the entire supply chain. Right from the first diamond mined in Golconda, India, to the expansion of trade from Amsterdam to Antwerp and South Africa was well explained through…
Surat: The diamond and textile city of Surat is all set to witness the most unique business conclave, completely driven by artificial intelligence and speed business networking for the business owners in Surat and south Gujarat. The ‘speed business networking conclave’, organised by the Southern Gujarat Chamber of Commerce and Industry’s (SGCCI) Business Connect (SBC) will be held at Platinum hall, Sarsana on April 18. According to SGCCI president Nikhil Madrasi, the speed business networking conclave to be hosted by SBC is the unique one in the entire country. The conclave will be completely artificial intelligence-driven and will have three…
Surat: Supreme Court lawyer Nupur Sharma has said that the women in India are enjoying the highest security and peace when it comes to the workplace environment and industries. Sharma was speaking at the ‘women entrepreneurship conclave’ organised by the Women Entrepreneur Cell of the Southern Gujarat Chamber of Commerce and Industry (SGCCI). Along with Sharma, expert speakers Rajal C., Co-Founder of Hallmark International, Dermatologist and Aesthetic Expert Dr. Aanchal Panth and Infertility Specialist Dr. Shubhra Pandey encouraged women entrepreneurs to move forward in various fields. SGCCI president Nikhil Madrasi said that women are moving forward in every field and…
