Indian diamond trader buys Modi suit for $700,000

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Detailing on the suit worn by Indian Prime Minister Narendra ModiA diamond trader from Narendra Modi’s home state on Friday won the bidding for the personalised pinstriped suit the Indian prime minister wore to meet Barack Obama, tendering nearly $700,000 at a charity auction. The bespoke wool suit with the words “Narendra Damodardas Modi” woven into the pinstripe proved a hot ticket at the three-day auction, sparking a bidding war that pushed the price up to 43.1 million rupees ($692,000). USA, LLC