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Global diamond business roiled as cash crunch hits Indian stone...
www.reuters.com
The global diamond industry is facing disruption that could stretch through the first few months of next year, including Valentine's Day in February, as a...
India cash crisis hits global diamond industry - Kuwait Times
www.kuwaittimes.com
Stone-cutting in the throes as Modi move throws craftsmen out of job SURAT, India/TORONTO: The global diamond industry is facing disruption that could...
India cash crunch hits global diamond business
www.qatar-tribune.com
Diamond processors bought rough diamonds aggressively, expecting a jump in exports and rising Indian demand, but now they are struggling, said trader Dharmesh Navadiya. In trading hubs like Hong Kong, many retailers are stuck holding diamonds they bought three years back at higher prices expecting robust demand from China that didn't materialise.
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