Latest News for: Surat trade

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Ukraine war robs India’s ‘Diamond City’ of its shine

Taipei Times 26 Jun 2022
AFP, SURAT, India ... Yet he is one of the lucky ones — the local trade union estimated that between 30,000 and 50,000 diamond workers in Surat have lost their jobs ... Traders in Surat’s crowded Mahidharpura market openly trade diamonds worth millions of dollars on the streets each day, carrying the precious gems loose in paper wrappings.
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Ukraine war hits India's diamond workers

The Manila Times 26 Jun 2022
SURAT, India ... But he is one of the lucky ones — the local trade union estimates that between 30,000 and 50,000 diamond workers in Surat have lost their jobs ... Traders in Surat's crowded Mahidharpura market openly trade diamonds worth millions of dollars on the streets each day, carrying the precious gems loose in paper wrappings.
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Ukraine war robs India#39;s #39;Diamond City#39; of its sparkle

Moneycontrol 26 Jun 2022
A local trade union in Surat estimates that between ...
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America’s setback | Mint

Live Mint 26 Jun 2022
That this should happen in an avowedly secular country is particularly alarming ... By one reading of Indian history, an attempt by Aurangzeb to ban usury put banks out of business, squeezed trade credit, dealt a blow to Surat as a busy port and made it hard for the once-thriving Mughal economy to recover ... .
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Maharashtra Political Crisis Live: 'Will never cheat for power', says Sena leader Eknath Shinde as ...

Deccan Herald 21 Jun 2022
#NewsAlert #BJP MLA Sanjay Kute is in #Surat to meet rebel MLAs led by #EknathShinde ... The two-and-a-half-year-old Uddhav Thackeray-led Maha Vikas Aghadi government is now under threat with a group of MLAs led by party veteran Eknath Shinde reportedly in Gujarat’s trading town, Surat.
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Maharashtra CM should resign as Sena lacks support of sufficient MLAs in House: BJP leader ...

The Economic Times 21 Jun 2022
Rane is the first Union minister and BJP leader to take a public stand over the issue. So far, several BJP leaders have been trading cautiously over Eknath Shinde's decision to go incommunicado and camp in Surat with MLAs ... .
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Eknath Shinde: From humble beginnings to top leaderWhen the MVA was stitched together which kept ...

Deccan Herald 21 Jun 2022
Firebrand politician Eknath Shinde is known for his organisation skills, spot decisions and loyalty ... Shinde is the Urban Development Minister in the tri-party government ... But now, Shinde, the 58-year-old veteran has rebelled threatening the Maha Vikas Aghadi government as he moved to Gujarat’s trading town of Surat with a group of party MLAs ... Sign Up.
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Synova Advertorial: On the Threshold of Radical Change

Diamonds Net 13 Jun 2022
On the supply side, 15 countries on the African continent now provide 50% of global diamonds. The five largest African mining countries (Angola, Botswana, Namibia, South Africa and Zimbabwe) recover over 35 million carats of diamonds from their mines ... Until now almost 90% of the rough stones traded are cut and polished in Surat, India ... synova.ch. .
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Emissions cap-and-trade market in Gujarat soon

The Times of India 24 May 2022
The Gujarat government is planning to set up a cap-and-trade market for carbon emissions from large sources ... Gujarat has, in fact, an experience in running the world's first 'Emissions Trading Market for Particulate Pollution', which began in Surat in 2019.
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Gujarat plans a cap-and-trade market for carbon emissions

The Times of India 23 May 2022
The Gujarat government is planning to set up a cap-and-trade market for carbon emissions from large sources ... Gujarat has, in fact, an experience in running the world’s first 'Emissions Trading Market for Particulate Pollution', which began in Surat in 2019.
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Love for haute couture brought Rajesh and Surti draper Memon together

The Times of India 20 May 2022
Surat. It was the love of fashionable clothes that brought IAS officer Kankipati Rajesh, who facing a CBI probe, and Surat’s readymade garment shop owner Mohammad Rafiq Memon, together ... Besides owning a garment store Jeans Corner in Rampura area of Surat, Memon is also involved in textile trading.
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Russia’s war cuts diamond work week in Surat to 4 days

The Times of India 16 May 2022
Large diamond factories across Surat ... Nine out of 10 rough diamonds in India are polished in Surat ... The war with Ukraine has now hit this $18-billion trade.
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Russia war dulls Gujarat diamond work

The Times of India 16 May 2022
Large diamond factories across Surat have curtailed the work week to three-four days while smaller ones have downed shutters for now as a shortage of raw diamonds from Russia’s mines has left little work for the polishing units. Nine out of 10 rough diamonds in India are polished in Surat ... The war with Ukraine has now hit this $18-billion trade.
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Global diamond trade fractures under the weight of Russia sanctions

Mining Dot Com 12 May 2022
In the Indian city of Surat, one of the world’s largest polishing hubs, the diamond bazaars have gone quiet in recent weeks ... Losing access to Russian diamonds over the long term would devastate the industry, Shah said, jeopardizing thousands of jobs in India and hitting major trading centers across the world.
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The AAP impact in GujaratWhether AAP performs well or poorly will largely depend on how ...

Deccan Herald 20 Apr 2022
A few months before the Assembly elections, the PM is expected to inaugurate the high-speed rail (bullet train) station at Surat, the Ahmedabad hub, which will combine the high-speed station with the metro, BRT and two existing railway stations of the Indian Railways.

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