Vipul Shah and his world of diamonds
Vipul Shah, current GJEPC Chairman, has held this post even earlier, from 2011-2015, and has also held office as vice chairman from 2020 to 2022. His vast experience in the trade enables him...
https://www.freepressjournal.in/analysis/jatin-mehta-files-a-usd-5-billion-suit-against-de-beers-stanchart-and-kroll
Indian diamond industry in a tizzy -- Jatin Mehta files a $ 5 bn suit against De Beers, Stanchart and Kroll
RN Bhaskar
For most market watchers in India, Jatin Mehta is a renegade, an absconder from Indian law (https://www.businesstoday.in/latest/corporate/story/cbi-files-two-fresh-firs-against-absconding-diamantaire-jatin-mehta-207129-2019-06-11) ,...
https://www.freepressjournal.in/analysis/policy-watch-diamonds-may-not-be-safe-for-investors-any-more
Diamonds no longer anyone's best friend any more
RN Bhaskar
The last couple of months have witnessed a barrage of advertisements seeking to lure jewellery buyers to diamonds. They talk about how natural diamonds are the safest items of jewellery, unique...
Making Surat Diamnd Bouse India’s diamond hub -- Mahesh Gadhavi
The Surat Diamond Bourse, estimated to start operations this year, would be India's second diamond trading hub. Spread across 35 acres, it aims to provide state-of-the-art infrastructure to organizations engaged...
Bhumik Gajera's big plans for Laxmi Diamonds
Among the early industry movers in Surat, Laxmi Diamonds has a global reputation. Bhumik Gajera, part of the promoter family, talks about the upcoming Surat Diamond Bourse, the perspective of lab-grown diamonds and...
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...
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...
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-india-s-huge-crush-on-gold-2020297
India's huge crush on gold
It does not really matter whether the outlook for gold is bearish (http://www.dnaindia.com/money/report-policy-watch-with-stock-markets-on-boom-bearish-phase-for-gold-not-over-2017007) or even bullish (http://www.dnaindia.com/money/column-policy-watch-bulls-won-t-abandon-gold-easily-it-s-only-a-matter-of-time-2018682) . The one fact that cannot be ignored is that Indians love gold, and will keep buying it...
https://www.freepressjournal.in/analysis/policy-watch-a-sightless-government-isnt-even-aware-where-gold-is-and-in-what-forms
Gold mining – II
Gold mining II: The government does not admit where gold can be mined
RN Bhaskar -- 24 December 2020
Indians love gold. And India ends up importing around 700-800 tonnes of gold on an average (http://www.asiaconverge.com/2020/10/gold-smuggling-ii-a-cleanup-is-urgently-needed/). Each tonne...
