Latest News for: Surat trade


Surat’s lab-grown diamond crisis deepens as De Beers cuts prices

Hindustan Times 18 May 2024
The move could exacerbate the existing oversupply crisis in Surat, where diamantaires had pivoted to lab-grown diamonds due to a slow natural diamond trade ... The diamond industry in Surat has been facing trouble since after the 2022 Russia-Ukraine war.

Promoters of Kiran Gems buy a luxury apartment in Mumbai for ₹97.4 crore

Hindustan Times 17 May 2024
According to media reports, Kiran Gems had shared a video on their LinkedIn platform last year showcasing their Trading Hub at the Surat Diamond Bourse.

Indian Railways simmer with summer travel surge; travel demand up by 20% y-o-y

Business Line 13 May 2024
Other popular routes include Chennai to Bengaluru, Mumbai to Surat (a mix of business and leisure travel due to Surat’s status as a diamond trading centre), Ahmedabad to Mumbai (primarily business ...

Congress candidate disqualified, BJP set to win unopposed in Surat

The Siasat Daily 22 Apr 2024
Surat ... While in most constituencies of Gujarat the fight is mainly between two parties, the Congress and the BJP, in Surat the BJP has a clear path ... Surat is responsible for three-quarters of the world’s diamond cutting and polishing trade.

FOSTTA Mandates Agent Details To Curb Textile Trade Frauds, FISME Calls For Public Database

MENA FN 29 Mar 2024
(MENAFN - KNN India) Surat, Mar 29 (KNN) In a bid to prevent frauds related to non-payment for textile goods after purchase, the Federation of Surat Trade and Textile Association (FOSTTA) has ... .

Gamification of options trading! Gen Z investors are seeking tools that are fast & agile: ...

The Economic Times 25 Mar 2024
... engaging, especially popular for options trading among retail investors in Surat.

Govind Dholakia appointed new chairman of Surat Diamond Bourse

Business Line 22 Mar 2024
Diamond Baron Govind Dholakia has been appointed as the new chairman of Surat Diamond Bourse (SDB) --- India’s second diamond ...

Better sops beckon textile units to invest in Maha, MP

The Times of India 21 Mar 2024
When asked about impact on textile business, Kailash Hakim, president, Federation of Surat Trade and Textile Associations (FOSTTA), said, “Local manufacturers are setting up units and facilities in ...

Returned parcels pile up in textile markets

The Times of India 21 Mar 2024
Surat. Textile businesses in the Diamond City are grappling with a significant downturn as bundles of textile products pile up at retailer facilities nationwide, triggering a sharp decline in trade.

FOSTTA gets new name too

The Times of India 15 Mar 2024
... a new office address in Surat.

Clothwala by Luthra Exports Redefines Fabric Sourcing at Bharat Tex 2024

Hindustan Times 01 Mar 2024
New Delhi, February 29, 2024. Clothwala by Luthra Exports, a renowned fabric manufacturer from Surat, Gujarat, is making waves at the ongoing Bharat Tex trade fair in New Delhi ... Hindustan Times - your fastest source for breaking news! Read now ... ....

As Russian diamonds face heavier sanctions, is it all advantage Antwerp?

Gulf News 27 Feb 2024
Then there are the world’s diamond centres - most notably Dubai, Mumbai, and Surat - which have become global hubs for trading and manufacturing rough into polished diamonds ... As natural trading ...