Surat is where the action in diamonds can be found
Dharmanandan Diamonds, established four decades ago, is among the premier players in the established Surat diamond industry with offices in three continents overall. Having seen lots of ups and downs,...
https://www.moneycontrol.com/news/business/economy/how-the-governments-gold-policies-make-indias-neighbours-richer-and-this-country-itself-poorer-4574121.html
India's gold policies have impoverished the country
RN Bhaskar -- Oct 25 2019
In 2013, P Chidambaram decided to impose a 10% import duty on gold (https://in.reuters.com/article/india-tax-finmin/gold-duty-raised-to-record-10-percent-as-imports-revive-idINDEE97C03J20130813). The finance minister was quite savvy about the way financial markets work.
He knew too...
http://www.freepressjournal.in/gold-trade-when-cats-begin-chanting-hymns/783251http://www.freepressjournal.in/gold-trade-when-cats-begin-chanting-hymns/783251
Gold trade: When cats begin chanting hymns
On 9 February, the All India Gems & Jewellery Trade Federation (GJF) issued its ultimatum to the government that 300 associations of the jewellery trade with over 100,000 shops across the country, would...
https://www.freepressjournal.in/analysis/policy-watch-clean-up-the-gold-trade-quickly-as-a-national-priority
Gold smuggling- II: Cleaning up the gold trade is a national priority
RN Bhaskar
(Part I of this series can be found at http://www.asiaconverge.com/2020/10/gold-smuggling-i-is-encouraged-by-flawed-government-policies/)
Why should gold be a national priority?
There are three reasons why gold assumes immense significance for the integrity...
Source: http://www.moneycontrol.com/news/business/markets/comment-gold-loans-are-they-slipping-into-grey-territory-2483755.html
The government is shortsighted about gold loans
RN Bhaskar -- Jan 15, 2018 09:04 PM IST
What is interesting about this market is that even though it has been growing in terms of total value, its growth rates have been...
Mathurbhai Savani – New vision from an old diamond player
Mathurbhai Savani, one of the older players in the Indian diamond industry, has been a driving force in the implementation process of the Surat Diamond Bourse. Apart from his involvement...
https://www.freepressjournal.in/analysis/when-the-inr-falls-it-is-easy-to-blame-gold-writes-rn-bhaskar
A weak INR and growing CAD are a result of poor gold policies
By RN Bhaskar
The RBI in its recent report (https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=21137#FN14) states “Gold imports at US$ 2.6 billion in June 2022 were almost half the level of US$ 6.0...
http://www.dnaindia.com/analysis/column-policy-watch-the-key-to-turkey-s-success-2055430
The key to Turkey’s success
Monday, 26 January 2015 - 6:30am IST | Place: Mumbai | Agency: dna
R N Bhaskar
The country has cleaned up and revitalised its gold trade. Can India follow suit?
Turkey is the fourth-largest consumer of gold...
Sabyasachi Ray of GJEPC speaks about the gems & jewellery trade in India
Headquartered in Mumbai, the Gems and Jewellery Export Promotion Council has been the premier trade body for the diamond trade since over 50 years. Sabyasachi Ray, ED,...
http://www.freepressjournal.in/analysis/can-gold-be-used-to-reduce-indias-cad-anxieties/1377671
India's privately held gold can be used to reduce the country's CAD
— By RN Bhaskar | Oct 18, 2018
The increase in oil prices and the surge in other imports are threatening to worsen India current account deficit. According to the RBI’s...
