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Buying Diamonds News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Russia starts selling diamonds to itself due to sanctions

For the first time in 15 years, the Russian government will start buying diamonds at the expense of the federal budget in order to support the Alrosa state corporation, which currently suffers from the effects and embargo of the Western sanctions.

Surat company director arrested for buying diamonds, not paying Rs 42cr | Mumbai News

A director of a diamond firm has been arrested for allegedly cheating another company by not making payment for the purchase of precious stones worth Rs 41.50 crore. The accused bought properties in the names of relatives instead of paying.

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