Stories from India

Rohit Mehta, CEO of Four Link Ventures, stated that lab-grown diamonds are cheaper and more ethically and environmentally sourced than natural stones. Mataram noted the lab-grown industry grew from 1% of the global market in 2015 to approximately 20% currently. He stated that the claim that lab-grown diamonds are better for humanity is untrue and not defined by science. Stanley Mataram stated that allegations of environmental destruction leveled against artisanal diamond mining have been exaggerated. Mataram described classic hard rock diamond mining as the cleanest form of mining because no chemicals are used in the process. The consultant advocated for a "mind-to-market" approach to ensure the traceability of gemstones or diamonds. They expressed skepticism regarding efforts to educate consumers on the value of natural diamonds.

An explosion occurred near a railway track in Patiala, causing widespread panic. Authorities reported finding a dismembered body at the scene, and an investigation is currently underway.

An Indian court has issued a stay on stricter power grid penalties targeting renewable energy firms.

Sanctions against Iran are causing the closure of textile factories in India and Bangladesh. Global economic prospects have been disrupted by these developments. The most severe economic consequences are expected in developing nations where consumers cannot afford rising energy prices. Governments in these regions lack the resources to provide compensatory aid. Additionally, tightening credit conditions are increasing the cost of loans that these countries desperately require.

India's largest pharmaceutical company by market capitalization is implementing a strategy to shift toward high-margin specialty drugs. The company is focusing on sectors including diabetes, immunology, and obesity treatments. This move aims to offset declining revenues in the United States caused by changes in customs policies.

Listed companies in India reported a 14.7% increase in Q3 FY26 net profits. This represents the fastest growth rate recorded in the last two years.

Jammu and Kashmir High Court quashed the PSA detention of AAP MLA Mehraj Malik. He has been released from Kathua jail following the court's decision.

The Gujarat Local Body Election 2026 dates have been announced, with voting scheduled to take place on April 26. The announcement follows previous local body election scheduling in the region.

Salim Dola, an aide to Dawood Ibrahim, has been deported to India. The individual arrived at Delhi airport via a special aircraft under tight security.

Voting for the 2026 Gujarat local body elections is scheduled for April 26. The announcement follows discussions regarding the integrity and format of local election results.