Friday, April 4, 2025
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

https://www.moneycontrol.com/news/business/commodities/gold-needs-some-very-urgently-needed-policy-changes-4820471.html Policy changes for gold urgently required RN Bhaskar  -- January 15, 2020 Successive governments in India have waffled on gold policies for long (http://www.asiaconverge.com/2019/11/urgent-needfor-gold-reforms/). As a result, the entire gold trade was allowed to either go underground, or go to seed. The...
https://www.freepressjournal.in/business/the-world-loves-gold-india-confused-amid-uncertain-economic-situation India is confused about dealing with gold RN Bhaskar  -- January 16, 2020 In the aftermath of the US armed forces assassinating General Soleimani of Iran, prices of gold spiked.  The more the world becomes an uncertain place, the more people...
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...
http://www.dnaindia.com/analysis/column-policy-watch-the-key-to-turkey-s-success-2055430 The key to Turkey’s success Monday, 26 January 2015 - 6:30am IST | Place: Mumbai | Agency: dna R N Bhaskar The country has cleaned up and revitalised its gold trade. Can India follow suit? Turkey is the fourth-largest consumer of gold...
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/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/editorspick/gms-needs-polishing-for-brighter-glow/716007 The Gold Monetisation scheme deserves to be better implemented — By RN Bhaskar | Nov 19, 2015 12:00 am It is heartening to see the government pushing the GMS (Gold Monetisation Scheme). After decades, the government has finally become quite serious about mobilising...
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.moneycontrol.com/news/economy/policy/when-will-the-budget-provisions-actually-liberate-this-yellow-metal-2507939.html Budget 2018 and gold -- a long way to go yet To understand how significant the provisions of the Budget are, one must go back in the past where gold was largely been treated only as a commodity – albeit...
https://www.moneycontrol.com/news/business/economy/comment-private-players-new-tech-new-mines-a-gold-rush-may-be-upon-us-2574353.html There could be a lot more gold being mined in India Indians’ insatiable passion for the yellow metal will ensure that prices don’t fall any time soon, incentive enough for more players to get into the game RN Bhaskar -- May...