Dip in India demand hits Russian diamond miner
(WorldNews India)

Chennai: Lower demand from the Indian diamond processing industry has pulled down the quarterly sales of Alrosa, the world's second largest diamond miner, as inventories rose 36 per cent. The Russian miner reported a steep 36 per cent year-on-year rise in inventories to 15.9 million carats at the end of the June quarter, as quarterly sales dipped...