http://www.freepressjournal.in/analysis/gold-we-trust-but-market-uncertain/1156098
Gold, Germany and India
— By RN Bhaskar | Oct 19, 2017 08:01 am
Gold markets continue to be poised on the tip of uncertainty. There is all round confusion. There is no faith in oil prices – they could fall to as...
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/commodities/gold-needs-some-very-urgently-needed-policy-changes-4820471.html
Policy changes for gold urgently required
RN Bhaskar -- January 15, 2020
Successive governments in India have waffled on gold policies for long (http://www.asiaconverge.com/2019/11/urgent-needfor-gold-reforms/). As a result, the entire gold trade was allowed to either go underground, or go to seed.
The...
https://www.freepressjournal.in/business/policy-watch-a-colonial-outlook-has-stunted-indias-gold-mining-sector
Gold mining – part III
India sabotages its own gold mining interests
RN Bhaskar -- 31 December, 2020
Basically, there are two types of corruption. There can be good corruption and bad corruption. In China, the state controls all resources. But the...
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...
How to give India's gold a better glow yet make it part of a "Make in India" movement
You can download the full report from here:
Gold is one of the oldest industries in India employing almost 3.5 million people.
But its...
https://www.freepressjournal.in/analysis/jatin-mehta-files-a-usd-5-billion-suit-against-de-beers-stanchart-and-kroll
Kroll's refusal to face facts
The Jatin Mehta submissions before the Surat court have squarely put the blame on Kroll, which it says acted in concert with De Beers and SCB. Also see report at https://asiaconverge.com/2022/07/jatin-mehta-sues-debeers-stanchart-kroll-for-5-bn/
From the court documents, it...
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.moneycontrol.com/news/economy/policy/when-will-the-budget-provisions-actually-liberate-this-yellow-metal-2507939.html
Budget 2018 and gold -- a long way to go yet
To understand how significant the provisions of the Budget are, one must go back in the past where gold was largely been treated only as a commodity – albeit...
Diamonds
Surat diamond industry faces labour issues
The past few weeks have seen reports of job losses in the diamond industry, including Surat which is supposed to be the global processing headquarters of the industry. Diamond Workers Union is among those...
