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.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/stanchart-seeks-to-control-the-destiny-of-indian-banks-and-profit-foreign-firms-says-rn-bhaskar-2
Stanchart seeks to control the destiny of Indian banks and profit foreign firms
RN Bhaskar
To understand how Standard Chartered Bank (SCB or Stanchart) works in India, one has only to go to the way it acted in the matter relating...
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...
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...
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...
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...
Surat is where the action in diamonds can be found
Dharmanandan Diamonds, established four decades ago, is among the premier players in the established Surat diamond industry with offices in three continents overall. Having seen lots of ups and downs,...
Bhumik Gajera's big plans for Laxmi Diamonds
Among the early industry movers in Surat, Laxmi Diamonds has a global reputation. Bhumik Gajera, part of the promoter family, talks about the upcoming Surat Diamond Bourse, the perspective of lab-grown diamonds and...