In times of Covid, diamond jobs are not forever
India, the world’s largest diamond polishing hub that employs over one million people, is likely to see a staggering 50% job loss. Diamond merchants are struggling to manage their inventories or pay salaries to their craftsmen. Knock-on effects are being felt by one million more workers employed in the gems and jewellery industry.
Rough diamond import may be curtailed as pandemic stalls trade
India’s gross import of rough diamonds had declined by 13.43% to $12.39 billion between April 2019 and February 2020 from a year earlier.
Indian gold demand could hit 3-decade low as lockdown hits festivals, weddings
The drop in consumption by the world's second-biggest gold buyer could limit a rally in global prices.
Ballarpur Industries in talks to sell Malaysian arm to China's Nine Dragons
India’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to a binding agreement soon, sources said.
India among top suppliers of paper to UAE
Other markets account for approximately 27.9 per cent of Dubai's imports, a statement released here by organisers of Paper Arabia 2013.
Price hike by Chinese suppliers hits Indian companies
India imports 45% of completely built units of consumer durables from China and it also imports nearly 70% of the components for television, and other consumer durable products. The price increase by suppliers at a time when demand is drastically down has hit the sector hard, said the presentation by Ficci to the government.
Indian gaming and mobile app startups leveraging cloud
The mobile app development companies as well as independent developers are leveraging this to pitch their apps into the market.
India is driving Puma’s global growth: CEO
Puma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sunil Chhetri and actress Sarah Ali Khan to endorse its products.
Indian footwear sector revenues to drop by 10-15% in FY21: ICRA
The pandemic is also likely to catalyse the shift to e-commerce.
India’s jobless rate jumps to 27.1%, survey says
The data could get worse, which “should be expected as the lockdown continues to get prolonged,” CMIE chief said. “Initially, a lockdown only hurts the most vulnerable labor that is informally employed in unorganized sectors. Gradually, it starts hitting the more secure jobs. Startups have announced lay-offs and industry associations have warned of job losses.”
Indian retail sector lost Rs 5.50 lac cr in the last 40 days: CAIT
Covid-19 has caused a huge irreparable dent in Indian retail trade which will have a devastating effect on the whole country said CAIT National President BC Bhartia and Secretary General Praveen Khandelwal.
In times of Covid, diamond jobs are not forever
India, the world’s largest diamond polishing hub that employs over one million people, is likely to see a staggering 50% job loss. Diamond merchants are struggling to manage their inventories or pay salaries to their craftsmen. Knock-on effects are being felt by one million more workers employed in the gems and jewellery industry.
Indian restaurant expands into city centre
Indico Street Kitchen announces Mailbox opening date.
Indian street food restaurant to open at Mailbox
New addition brings further diversity to destination's range.
Indian Garden Water Pumps Being Replaced
Construction to replace two water pumps at the Grand Canyon National Park Indian Garden north pump house is beginning Sept. 23, 2019, and continuing into May 2020. The construction will require visitors to use a marked bypass trail around the construction site along the Bright Angel Trail. https://www.nps.gov/grca/learn/news/indian-garden-water-pumps-being-replaced-2019-09-17.htm
Indiana Scheduled To Resume Racing June 14; Spectators Possible By July
On Friday, May 1 Indiana's Governor released a five-stage phase-in for Indiana businesses to re-open using differing dates through July 4. The Indiana Horse Racing Commission and racetrack management have been working in conjunction with the governor's office to confirm where horse racing falls within this reopening plan and the timeline below outlines those stages. […]
The post Indiana Scheduled To Resume Racing June 14; Spectators Possible By July appeared first on Horse Racing News | Paulick Report.
India Cements partially resumes operations at manufacturing facilities
Cement manufacturer India Cements said it has adopted a series of precautionary and safety measures at its facilities including compliance with standard operating procedures and other measures as advised by government authorities.
India loses hosting rights of 2021 men's world boxing championships
"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.
Indian Army, IAF helicopters and Indian Army troops evacuated crew in Sikkim
Immediately on receipt of information, on May 7 , Indian Army rescue columns with personnel of ITBPs too, moved on foot, traversing dangerous terrain in bad weather, to the helicopter landing site to evacuate the individuals and provide medical aid, for which a doctor of the ITBP also accompanied.
Indians among worst COVID-19 affected ethnic groups in England
Figures released this week by the National Health Service England show that of the 13,918 patients who died in hospitals till April 17 after testing positive for the novel coronavirus, 16.2 per cent were of black, Asian and minority ethnic (BAME) background and those identifying with Indian ethnicity made up 3 per cent of that.
India's about to hand people data Americans can only dream of
Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.
Indian-origin UK medics chief warns doctors' lives being put at risk
According to a recent survey, more than half of doctors working in high-risk environments said there were either shortages or no supply at all of adequate face masks, while 65 per cent said they did not have access to eye protection. Furthermore, 55 per cent said they felt "pressurised" to work in a high-risk area despite not having adequate PPE.
Indian-American among NASA's new astronauts; all set to conquer Moon, Mars
Raja Jon Vurputoor Chari, an Indian-American US Air Force colonel, is among 11 new NASA graduates who have successfully completed their over two years' of basic astronaut training . Astronaut candidate training included practice, and testing in spacewalking, robotics, International Space Station systems, T-38 jet proficiency, and Russian language.
