Thursday, January 23, 2025
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

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...
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...
  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.freepressjournal.in/analysis/the-case-for-bullion-banking-in-india Will the government allow bullion banking in India? RN Bhaskar  --  26 December 2019 India has been myopic about so many things.  One of them, tragically, is gold.  It has forgotten to exploit its own mines,  It gave out licences to...
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...
Lab grown diamonds are the way to making India even more formidable in diamonds Surat-based Greenlab Diamonds aspires to create sustainable luxury on the back of lab-grown diamonds. Chairman Mukesh Patel discussed the potential of lab-grown diamonds and some of...
https://www.freepressjournal.in/analysis/gold-smuggling-turn-the-spotlight-from-kerala-to-govt-policies Gold smuggling - I Part II can be found at http://www.asiaconverge.com/2020/10/gold-smuggling-ii-a-cleanup-is-urgently-needed/) A beneficiary of flawed government policies. RN Bhaskar There’s an apocryphal story about a man blinded because he stole the gold that he saw lying unattended on the table in his master’s...
 http://www.freepressjournal.in/analysis/rn-bhaskar-government-can-easily-clean-up-gold-market-in-india/1106479 Just three steps and the govt can clean up the gold market — By RN Bhaskar | Jul 20, 2017 07:04 am   The gold market in India is in a mess.  Smuggling continues big time.  Seizure of smuggled-in-gold barely accounts for 3%...
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/policy-watch-clean-up-the-gold-trade-quickly-as-a-national-priority Gold smuggling- II: Cleaning up the gold trade is a national priority RN Bhaskar (Part I of this series can be found at http://www.asiaconverge.com/2020/10/gold-smuggling-i-is-encouraged-by-flawed-government-policies/) Why should gold be a national priority? There are three reasons why gold assumes immense significance for the integrity...