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Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
India hikes Goods and Services Tax on polished diamonds to 1.5%
GJEPC, the apex body of gem and jewelry trade in India, to ward off the stress that the diamond sector was going through due to accumulation of the GST, through a series of representations, had been seeking redressal through enhancement of the rate of GST on polished diamonds in the front end.
Colin Shah, Chairman, GJEPC said the apex body of gem and jewelry trade in India is thankful to the finance minister for rationalizing the GST rates on polished diamonds and giving relief with regard to the issue of ITC accumulation for the diamond sector, which reached approximately over Rs. 6 billion. The increase in GST rate on polished diamonds will not only stop further accumulation of ITC but help in release of blocked working capital and stimulate industry growth, he added.