Russian Prime Minister Vladmir Putin pledged on Friday $1 billion in state support for diamond miner Alrosa to help it ride out a steep global dip in demand for gemstones. For full story, click here
The state government on Wednesday admitted that over 40 per cent of the registered diamond units in Gujarat have closed down due to recession. It declared that the diamond industry was facing a downslide and over 58 per cent of workers in these units have also lost their jobs in the last three years. For [...]
The Dakshina Kannada district administration on Thursday declared a ban on movement of all iron ore laden lorries in the district along National Highways 13 and 17, from July 27 to August 31. A press release from S A Prabhakar Sharma, additional and in-charge deputy commissioner here stated the movement of these lorries would also [...]
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