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...
http://www.freepressjournal.in/analysis/how-much-gold-can-be-mined-in-india-r-n-bhaskar/1291467
Can India ever allow genuine gold exploration and mining in India?
RN Bhaskar -- | Jun 07, 2018
Officially India mined just 1.61 tonnes of gold in India during 2017-18. That was essentially from primary sources.
But ask geologists, and they will tell...
https://www.freepressjournal.in/analysis/distressed-times-just-watch-what-is-happening-to-gold
When people stop buying gold in India, there is cause to worry
RN Bhaskar
At one level, this should be cause for celebration. Gold imports into India crashed during 2020 (see chart). Lower import of this yellow metal means a smaller...
Dinesh Navadiya seeks social and business transformation through the diamond industry
Wearing different hats, Dinesh Navadiya has been active in the Surat diamond industry for a long time, as an administrator, one of the drivers of the Surat Diamond Bourse...
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/business/coronavirus-in-india-close-precious-metal-commodity-markets-urge-experts
Coronavirus lockdown requires precious metal commodity markets to be closed immediately
RN Bhaskar – 10 April, 2020
Experts in the commodity markets in India have appealed to the government to suspend all commodity trades in precious metals.
This is because hitherto, physical...
http://www.dnaindia.com/money/report-has-de-beers-bushwhacked-the-kimberly-process-agenda-1543675
Has De Beers bushwhacked the Kimberley Process agenda?
Mon, 16 May 2011-03:21am , Mumbai , dna
The diamond trade is in a flap.
Ostensibly, almost all players in the diamond industry back the Kimberley Process Certification Scheme (KPCS). This is a certification...
https://www.freepressjournal.in/analysis/policy-watch-gold-mining-an-agenda-for-the-government
Gold mining IV
What the government should do?
RN Bhaskar
When it comes to gold, politicians, government officials, media and the general public can be quite misinformed to the point of hysteria.
Consider how – on 21 February 2020 -- an unsuspecting public...
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...
https://www.freepressjournal.in/business/the-world-loves-gold-india-confused-amid-uncertain-economic-situation
India is confused about dealing with gold
RN Bhaskar -- January 16, 2020
In the aftermath of the US armed forces assassinating General Soleimani of Iran, prices of gold spiked. The more the world becomes an uncertain place, the more people...
