You cannot become a superpower with a weak currency
By RN Bhaskar
India analysts have watched with amazement as they see the rupee continue to slip. It has lately been hovering around Rs.82 for each US Dollar, and is threatening to...
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...
Vallabhbhai Patel has become the largest player in the diamond industry
Like so many in the industry, Vallabhbhai Patel has a village upbringing and agricultural background. From there, to building a company in India which is the largest worldwide in...
https://www.freepressjournal.in/analysis/urgent-need-for-gold-reforms
Gold reforms are being delayed. Why?
RN Bhaskar -- 14 November, 2019
Last week, on Nov 5, 2019, this publication, in association with BSE (Bombay Stock Exchange) held a conference on The increasing allure of gold.
As discussions continued, each panellist spoke...
Articles on diamonds
1986.04.7-20. Can We Be Number One_BizIndia by RN Bhaskar
1986.04.7-20. Can We Be Number One_BizIndia (https://asiaconverge.com/wp-content/uploads/2024/11/1986.04.7-20.-Can-We-Be-Number-One_BizIndia.pdf)
1989.05.15. A Cut Above the Rest- JM leading the 1990 protest against govt -- Business India - RN Bhaskar
1989.05.15. A Cut Above the...
http://www.dnaindia.com/money/report-dna-launches-its-policy-report-on-the-gems-and-jewellery-industry-2057473
A policy report on the gems and jewellery industry
dna has just put forth before the government a policy paper on “How to revive the gems and jewellery industry in India, and build on its employment and revenue potential".
A copy...
http://www.freepressjournal.in/editorspick/gms-needs-polishing-for-brighter-glow/716007
The Gold Monetisation scheme deserves to be better implemented
— By RN Bhaskar | Nov 19, 2015 12:00 am
It is heartening to see the government pushing the GMS (Gold Monetisation Scheme). After decades, the government has finally become quite serious about mobilising...
http://www.freepressjournal.in/analysis/gold-import-duties-need-to-be-streamlined-rn-bhaskar/1372617
Gold import duties begin to attract attention
— By RN Bhaskar | Oct 11, 2018
Last fortnight, the government of India released a list of 19 items where import duties had been raised.
What was interesting was that despite a clamour from the trade...
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...
Source: http://www.moneycontrol.com/news/business/economy/duties-taxes-corruption-how-the-government-abets-the-smuggling-of-gold-2324877.html
Gold - II
Part I can be found at http://www.asiaconverge.com/2017/07/india-loves-gold1/
Part III can be found at http://www.asiaconverge.com/2017/07/can-the-govt-clean-up-the-gold-trade/
Smuggling, corruption and poor low credibility afflict this industry
RN Bhaskar Jul 13, 2017 03:11 PM IST | Source: Moneycontrol.com
The government itself has abetted the...
