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A new brand has come to the Russian market - LA VIVION

How this had happened was disclosed in an interview with Rough&Polished by Andrey Yanchevskiy, CEO of LA VIVION, who, having turned from a programmer into a jeweler, proved that algorithms and diamonds are a promising combination in business.

14 august 2017

KGK says Botswana lacks capacity, expertise to produce diamond jewellery

KGK Diamonds Botswana opened its operations in the southern African country and the world’s second largest diamond producer in value terms, in 2014 and it is currently cutting and polishing rough sourced from De Beers’ Diamond Trading Company. Company...

07 august 2017

Jewellery might not come under the category of basic necessity, but for women it is a need

Enchanted by the City of Gold-Dubai, brothers Kiran Pethani and Anil Pethani travelled from their little village in Gujarat, India to Dubai in search of a better livelihood. In 1993, they started working for a jeweller in Gold Souk where they learnt...

31 july 2017

"The government should financially support the setting up of skills development units and Gems and Jewellery parks" suggests Sanjeev Agarwal, CEO, Gitanjali Exports Pvt Ltd.

Sanjeev Agarwal has a unique combination of experience encompassing FMCG, Banking & Finance and the Luxury Retail Sectors with Unilever, Cadburys and Deutsche Bank. Sanjeev’s next move to World Gold Council as Managing Director (India-subcontinent)...

24 july 2017

Virtual Possibilities of Jewellery Market

Online jewellery trading in Russia – since it started boosting and becoming more popular among the consumers - is of keen interest among the market players and is a topical issue. Dmitry Zamyshlyaev, Deputy Head of the Federal State Enterprise ‘Assay...

17 july 2017

Indian diamond industry observes partial shutdown in Surat

19 june 2017

The diamond cutting and polishing centre in Surat and those in Navsari and Saurashtra in Gujarat observed a shutdown on Saturday to press for exemption of the diamond industry from Goods and Services Tax (GST) regime that will come into force from July 1 in India, according to media reports.
The call for shutdown was given by Diamond GST Sangarsh Samiti which has been opposed to GST Council's decision to implement 3% GST on polished diamonds, 18% on diamond trading and 0.25% on rough diamonds.
It is reported that around 4,000 diamond brokers and 3,500 diamond merchants did not work and 3,000 small and medium diamond units remained shut, resulting in a loss of more than $105 million to the trade.
Praveen Shanker Pandya, Chiarman of the Gems and Jewellery Export Promotion Council (GJEPC) had on Friday appealed to diamantaires in Surat, Navsari and other cutting centres in Saurashtra not to join the bandh.

Aruna Gaitonde, Editor-in-Chief of Assian Bureau, Rough & Polished

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