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US Demand to Lift India’s Lab-Made Diamond Exports to $8 Billion

LVMH Invests in Lab-Grown Diamond Start-Up Lusix

India, which cuts or polishes about 90 percent of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets.

Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 billion in the prior year, Vipul Shah, vice chairman of the Gem & Jewellery Export Promotion Council, said in an interview. “We have a…


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Australia seizes record amount of fentanyl, enough for 5M doses

Australia seizes record amount of fentanyl, enough for 5M doses

Valuer Karl Martin with the sculpture.

Man who bought eBay sculpture while drunk now set to sell it with £75,000 profit