Govt prods Russia to ease trade barriers

India foreign trade (Image for representation) NEW DELHI: Govt is pushing Russia to lower barriers for export of Indian electronics, engineering goods, food products and fisheries as part of its efforts to get Moscow to use the $50-55 billion equivalent of roubles lying in bank accounts due to the oil-induced trade balance. For electronics, software…

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Coloured diamonds shine brighter: Ultra rich chase pink, blue stones — what’s driving the demand?

Ultra wealthy Indians are increasingly placing their bets on pink, blue and yellow diamonds, embracing the rare stones as both eye-catching statement jewellery and long-term investment assets. Coloured diamonds,far rarer than conventional white diamonds, have seen demand spiked by 20%-25% over the past year, even as prices continue to climb.According to jewellers and traders, since…

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