Saturday, July 27, 2024
Russia becomes the top dog in Europe, and #4 in the world By RN Bhaskar Last month the world bank finally conceded that Russia had overtaken Japan and had become the fourth largest economy in the world in terms of purchasing...
The world could change faster than you think RN Bhaskar Recent developments have the potential to compel people to shed any preconceived notions of the way strategies could play out. The world is changing faster than anyone could imagine. The Latin American...
The lights are flashing red about the Indian economy, but the merriment continues By RN Bhaskar  The stock markets continue to soar.  Except for a slight hiccup post elections, there seems to be no stopping the inexorable rise.  Government spokespersons promise...
The Census is needed urgently post elections By RN Bhaskar The Bing-generated image about elections suggests many things – the watchful eyes of the lion looms over the election booth. The peaceful wait of citizens outside polling booths. The Ashoka lion...
The ogre of debt dwarfs many countries By RN Bhaskar Last week UNCTAD brought out a brilliant document titled A World of debt – 2024 (https://unctad.org/publication/world-of-debt).   It pointed out how “Global public debt continues to increase rapidly, driven by cascading crises...
RBI’s unwise dividend payout to the government By RN Bhaskar On 22 May 2024, the Reserve Bank of India (RBI) announced that it would be paying to the government a whopping sum of Rs.2.11 lakh crore rupees by way of dividend. ...
New trade blocs form, India remains on the fringes RN Bhaskar Suddenly, gold has become important.  It always does, when there is economic uncertainty, and high inflation.  While it is early days to talk about inflation, everyone knows how uncertain the...
India must find new ways to cope with global fragmentation RN Bhaskar There is global fragmentation all around.  And India has already begun reconsidering many of the policies it had introduced and was quite smug about.  Two developments of last week...
Be careful! Spouting hopeful figures about the economy is not enough. RN Bhaskar If one listens to the euphoric outpourings of India’s Chief Economic Advisor (CEA) V Anantha Nageswaran, the country’s economy is in great shape.  Just last week he exuded...
China could rebound faster than many imagine RN Bhaskar Not a week passes without Western media trying to put out one story or the other about what is wrong with China.  But such sneers are not a new development. They were evident...