Tuesday, September 22, 2020
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

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/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/analysis/the-case-for-bullion-banking-in-india Will the government allow bullion banking in India? RN Bhaskar  --  26 December 2019 India has been myopic about so many things.  One of them, tragically, is gold.  It has forgotten to exploit its own mines,  It gave out licences to...
https://www.freepressjournal.in/analysis/urgent-need-for-gold-reforms Gold reforms are being delayed. Why? RN Bhaskar  -- 14 November, 2019 Last week, on Nov 5, 2019, this publication, in association with BSE (Bombay Stock Exchange) held a conference on The increasing allure of gold. As discussions continued, each panellist spoke...
https://www.freepressjournal.in/interviews/gold-has-become-more-alluring-than-ever-before PR Somasundaram-WGC-Gold requires one regulatory body Tales around gold have always fascinated people. And as the price moves higher, or promises to climb, the fascination with gold grows stronger. Free Press Journal’s Jescilia Karayamparambil and RN Bhaskar spoke to World...
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.freepressjournal.in/analysis/can-gold-be-used-to-reduce-indias-cad-anxieties/1377671 India's privately held gold can be used to reduce the country's CAD — By RN Bhaskar | Oct 18, 2018 The increase in oil prices and the surge in other imports are threatening to worsen India current account deficit.  According to the RBI’s...
http://www.freepressjournal.in/analysis/gold-import-duties-need-to-be-streamlined-rn-bhaskar/1372617 Gold import duties begin to attract attention — By RN Bhaskar | Oct 11, 2018 Last fortnight, the government of India released a list of 19 items where import duties had been raised. What was interesting was that despite a clamour from the trade...
http://www.freepressjournal.in/analysis/how-much-gold-can-be-mined-in-india-r-n-bhaskar/1291467 Can India ever allow genuine gold exploration and mining in India? RN Bhaskar -- | Jun 07, 2018 Officially India mined just 1.61 tonnes of gold in India during 2017-18.  That was essentially from primary sources. But ask geologists, and they will tell...
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...