Wednesday, January 21, 2026
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

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...