Tuesday, November 19, 2019
Gems and Jewellery

Gems and Jewellery

News and analysis for Gem and Jewellery Industry

Source: http://www.moneycontrol.com/news/business/economy/duties-taxes-corruption-how-the-government-abets-the-smuggling-of-gold-2324877.html Gold - II Part I can be found at http://www.asiaconverge.com/2017/07/india-loves-gold1/ Part III can be found at http://www.asiaconverge.com/2017/07/can-the-govt-clean-up-the-gold-trade/ Smuggling, corruption and poor low credibility afflict this industry RN Bhaskar Jul 13, 2017 03:11 PM IST | Source: Moneycontrol.com The government itself has abetted the...
  Source: http://www.moneycontrol.com/news/business/markets/comment-gold-loans-are-they-slipping-into-grey-territory-2483755.html The government is shortsighted about gold loans RN Bhaskar -- Jan 15, 2018 09:04 PM IST What is interesting about this market is that even though it has been growing in terms of total value, its growth rates have been...
Source: http://www.moneycontrol.com/news/business/economy/this-is-how-government-can-clean-up-gold-trade-and-make-it-both-healthy-profitable-2327393.html Gold - III : Three steps which can clean up the gold trade in India (part-I can be found at http://www.asiaconverge.com/2017/07/india-loves-gold1/; and part II at http://www.asiaconverge.com/2017/07/duties-taxes-corruption-government-abets-smuggling-gold/) Rn bhaskar Jul 17, 2017 02:40 PM IST | Source: Moneycontrol.com The need for a fresh approach...
 http://www.freepressjournal.in/analysis/rn-bhaskar-government-can-easily-clean-up-gold-market-in-india/1106479 Just three steps and the govt can clean up the gold market — By RN Bhaskar | Jul 20, 2017 07:04 am   The gold market in India is in a mess.  Smuggling continues big time.  Seizure of smuggled-in-gold barely accounts for 3%...
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...
http://www.freepressjournal.in/gold-trade-when-cats-begin-chanting-hymns/783251http://www.freepressjournal.in/gold-trade-when-cats-begin-chanting-hymns/783251 Gold trade: When cats begin chanting hymns On 9 February, the All India Gems & Jewellery Trade Federation (GJF) issued its ultimatum to the government that 300 associations of the jewellery trade with over 100,000 shops across the country, would...
http://www.dnaindia.com/money/report-has-de-beers-bushwhacked-the-kimberly-process-agenda-1543675 Has De Beers bushwhacked the Kimberley Process agenda? Mon, 16 May 2011-03:21am , Mumbai , dna   The diamond trade is in a flap. Ostensibly, almost all players in the diamond industry back the Kimberley Process Certification Scheme (KPCS). This is a certification...
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/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/gms-needs-polishing-for-brighter-glow/ Gold Monetization Scheme needs polishing for brighter glow — 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...