Tuesday, June 28, 2022
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

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/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...
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...