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

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

India's Aviation Minister Jyotiraditya Scindia reassures international flights to Surat

01 december 2023

In a reaffirmation of his commitment, Union Civil Aviation Minister Jyotiraditya Scindia assured the Surat Diamond Bourse (SDB) delegation of two forthcoming international flights.

The meeting, held in New Delhi on 28 November, extended an invitation to Finance Minister Nirmala Sitharaman and Civil Aviation Minister Jyotiraditya Scindia for the inauguration ceremony on December 17.

Since November 21, the Surat Diamond Bourse has witnessed a rapid surge in activity, with over 135 diamond companies commencing operations. According to reports, SDB Chairman Vallabhbhai Patel’s company, Kiran Gems, announced an attractive incentive of 2 percent discount for brokers and traders visiting their office for diamond trading. Other firms within the bourse have followed suit, rolling out appealing offers in the diamond market.

The response to the 2 percent offer has been remarkable, drawing brokers and traders from major hubs like Mumbai, Ahmedabad, and Rajkot to the Surat Diamond Bourse, infusing the market with increased activity and trade opportunities. The proactive start by these diamond companies ahead of the official inauguration has set an encouraging tone for the Surat Diamond Bourse.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished