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Stephen Rego

He has been a journalist since the mid-1980s, and has spent close to two decades tracking the gem and jewellery industry while holding different editorial positions in industry specific publications and websites

Latest Articles By Stephen Rego

Diamond Industry: A Make In India Success Story

Stephen Rego

The gems and jewellery industry that registers annual exports of about $40 billion and provides direct employment to over 2 million people has recorded stupendous growth by successfully implementing the very Make in India model that is being promoted by the government today

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On The Road To Modernisation

Stephen Rego

A once traditional industry has now embraced modernisation. And the rising interest in B2B trade shows like the Signature IIJS and the IGJME held recently in Mumbai is a clear reflection of this change

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Gold's Glitter: A Weak, Though Welcome Return

Stephen Rego

The first month of the New Year has been a positive one for gold, with prices inching up steadily over the past 30 days. Against this background, and buoyed by promotions and other minor course corrections, the second tranche of the government's Gold Bonds scheme has also fared well

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Diamond Industry At The Crossroads

Stephen Rego

The diamond industry is witnessing the first signs that the worst of last year’s turbulence may now lie behind it. But it is still faced with an uncertain future as it grapples with the forces of change unleashed by the storm

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An Industry-Specific Taxation Policy

Stephen Rego

A clear and unambiguous tax policy framework that takes into account the specific features of the diamond industry will add to the ease of doing business and could potentially kickstart a new phase of growth

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Decoding The PAN Puzzle

Stephen Rego

While opposing the new norms for quoting PAN numbers in high value transactions, the jewellery industry must also take the lead in evolving a framework for achieving greater transparency that takes into account its unique history, nature of the product and other specific features

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Precious Metals Unlikely To See Significant Change In 2016

Stephen Rego

All four of the precious metals registered double digit price declines in 2015 and the current global scenario does not appear conducive for a significant recovery in 2016

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A Year That Failed To Sparkle

Stephen Rego

Moody’s estimates that prices of rough fell by 18 per cent since the beginning of 2015, while Bain & Co said that there had been a decline of nearly 23 per cent since mid 2014. Both analysts believe that further cuts will be required to restore equilibrium in the pipeline

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A New Horizon Beckons: Direct Global Trading In Rough Diamonds

Stephen Rego

The inauguration of the Special Notified Zone in Mumbai's Bharat Diamond Bourse opens a new window for India. Some changes in the taxation framework will help the country move towards becoming a key global trading centre for the precious stones

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Diamond Industry Crisis Hits Mid Segment Companies Most

Stephen Rego

The mid-segment in the diamond industry, where India has a significant presence, has been badly hit by the current crisis leading to losses, lay-offs and even closures. As the business recovers from the downturn, there may be a process of overall consolidation with less efficient players forced to exit

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