India has big plans and announcements about its INR, but without underlying support
RN Bhaskar
For the past couple of months there have been reports and conjectures that the Indian rupee (INR) could easily become the global reserve currency. The answer...
https://www.freepressjournal.in/india/are-indias-armed-forces-going-to-start-employing-youth-once-again
Are India’s armed forces marching out of step by talking of mass short-term recruitment?
RN Bhaskar -- 14 May 2020
Media reports about a paper circulating among army ranks about a “tour of duty” proposal (https://indianexpress.com/article/india/army-proposes-3-year-voluntary-tour-of-duty-cites-patriotism-unemployment-6408863/), have raised eyebrows. According to...
https://www.freepressjournal.in/analysis/policy-watch-global-turbulence-and-india
Global turbulence can stun India
RN Bhaskar
Last week, India’s finance minister, Nirmala Sitharaman, spoke eloquently about how India will witness close to double-digit economic growth this financial year (https://www.business-standard.com/article/economy-policy/fm-sitharaman-says-india-looking-at-near-double-digit-growth-this-year-121101400060_1.html). One hopes this will happen. But such predictions must be taken...
https://www.freepressjournal.in/analysis/financial-realities-stare-india-in-the-face
Financial realities stare India in the face. FDI sorely needed
RN Bhaskar
On July 6 this year, a news item in a leading daily (https://economictimes.indiatimes.com/news/economy/finance/nod-for-80-fdi-proposals-from-china-entities/articleshow/92685606.cms) talked about 80 Chinese FDI proposals being cleared by the Indian government. At around the same...
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/heres-why-the-make-in-india-and-atma-nirbhar-bharat-ruse-can-cause-more-harm-than-good
The cobra effect the govt is blind to -- in IT, telecom, finance, and elsewhere
RN Bhaskar -- June 5, 2020
Management gurus call it the Cobra effect. That’s when a decision is taken that you think is brilliant. But it...
https://www.freepressjournal.in/business/asia-dominates-on-internet-front-us-eu-way-behind-india-minuscule
Internet markets become more competitive
By RN Bhaskar
Fitch Ratings in its advisory dated 3 June 2021 (https://www.fitchratings.com/research/corporate-finance/chinese-internet-majors-investments-to-slow-profit-growth-03-06-2021) has underscored the possibility of fierce internet competition in the coming years. Already, major Chinese internet companies are prioritising investments in 2021. That...
https://www.freepressjournal.in/analysis/the-one-china-principle-is-not-provocative
There is but one China in the world
On 2 August, in disregard of China’s strong opposition and serious representations, Speaker of the U.S. House of Representatives Nancy Pelosi visited China’s Taiwan region. This is a serious violation of the...
https://www.freepressjournal.in/business/blending-education-and-the-belt-road-initiative
How BRI moves towards skill development and education
By Jescilia Karayamparambil and RN Bhaskar
December 09, 2019
Mumbai: By the end of August 2019, China has been able to strike deals with not just 136 countries but also 30 international organisations to...
China and India through the prism of history
September 16, 2020
COVID-19 epidemic accelerates change in the world like a magnifying glass. Through the mist of the pandemic, how to look at the rise of China is a major focus.
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