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...
Mathurbhai Savani – New vision from an old diamond player
Mathurbhai Savani, one of the older players in the Indian diamond industry, has been a driving force in the implementation process of the Surat Diamond Bourse. Apart from his involvement...
Kiritbhai Bhansali on Diamonds and India
Kirit Bhansali, founder of Smital Gems, is a committee member of the Bharat Diamond Bourse and the GJEPC. In a brief chat, he outlines the potential of the Indian diamond industry, and where exactly...
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-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...
India will become the largest producer of lab-grown diamonds says Jayesh Mistry
The Surat-based Creative group (https://www.creativetech.asia/), active in textiles since 1998, also has a presence in polyfilms and real estate. It has likewise taken strong steps to establish itself...
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...
Vipul Shah and his world of diamonds
Vipul Shah, current GJEPC Chairman, has held this post even earlier, from 2011-2015, and has also held office as vice chairman from 2020 to 2022. His vast experience in the trade enables him...
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/policy-watch-diamonds-may-not-be-safe-for-investors-any-more
Diamonds no longer anyone's best friend any more
RN Bhaskar
The last couple of months have witnessed a barrage of advertisements seeking to lure jewellery buyers to diamonds. They talk about how natural diamonds are the safest items of jewellery, unique...
