Tuesday, December 16, 2025
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

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...
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...
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.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...
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...
https://www.freepressjournal.in/analysis/jatin-mehta-files-a-usd-5-billion-suit-against-de-beers-stanchart-and-kroll Indian diamond industry in a tizzy -- Jatin Mehta files a $ 5 bn suit against De Beers, Stanchart and Kroll RN Bhaskar For most market watchers in India, Jatin Mehta is a renegade, an absconder from Indian law (https://www.businesstoday.in/latest/corporate/story/cbi-files-two-fresh-firs-against-absconding-diamantaire-jatin-mehta-207129-2019-06-11) ,...
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...
SRK founded by Govindbhai Dholakia is a name to reckon with in diamonds Shree Ramkrishna Exports (the SRK empire) , founded by Govind bhai Dholakia, is among the largest and most renowned players in earth-mined diamonds. It is globally a...
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...
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...