Retain the shine
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Saturday,July 11 2020 [ Issue 2 July/ 2020 ]
Retain the shine
Diamond industry is reeling under several pressures mostly owing to the Covid-19 lockdown. Economic pressures, Covid-19 induced restrictions, health worries – resulting labour crisis and more, add to the woes of the industry.

Israel’s diamond industry is on the verge of collapse as the coronavirus has wiped out sales and forced business to stop, the president of the Israel Diamond Exchange said in a recent letter to the government.

With diamond units closed in Surat in view of the Covid-19 outbreak, a number of workers employed in these units are leaving the Gujarat city every day as they are now left with no source of income, those associated with the business claimed.

It’s in these trying times that the industry needs to remain focused and united. Diamonds will not lose their shine, despite any crisis, whatsoever!

 
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Highlights
The Brave of Heart Fund was created by New York Life Foundation and Cigna Foundation, which both provided seed money to start a national relieffund of monetary grants for eligible family membersoffrontline healthcare workers
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The Office of the United Nations Secretary General has announced the publication of statements delivered by NGOs affiliated to the UN Economic and Social Council (ECOSOC), for the High-Level Political Forum on Sustainable Dev
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July trading session, initially scheduled for July 12-17, will take place on July 27-31. This decision will support the company’s clients that expressed the potential interest in purchasing rough in this period. In orde
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The episode features Forevermark collaborator Bibhu Mohapatra, speaking to editor and broadcaster, Mimma Viglezio about stepping away from a traditional Indian role to pursue his career in fashion. They discuss his childhood
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Informa Markets – Jewellery is reschedulingJewellery & Gem WORLD Hong Kong(JGW), the industry’s leading B2B fine jewellery event, for9 – 13 November 2020 at the AsiaWorld-Expo (AWE). The fair organiser i
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As part of Rio Tinto’s worldwide community investment in COVID-19 relief initiatives, this funding will provide accommodation and food for individuals who are at high medical risk of serious illness or death if they con
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DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed Lumex to the expanding community of laboratory-grown diamond businesses within the F
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A week since Cyclone Nisarg made landfall in Maharashtra, over 300,000 households in the coastal districts of Raigad and Ratnagiri remained without electricity supply, as the power substations, feeder lines and electricity po
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GJEPC Chairman Colin Shah, vice chairman Vipul Shah, and ED Sabyasachi Ray held a video meeting with the Finance Minister, Nirmala Sitharaman, on 6th July, and made a presentation on the critical issues concerning the gem and
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