http://www.freepressjournal.in/analysis/the-centre-of-gravity-of-billionaires-could-shift/1171231
Billionaires get a fillip in Asia
— By RN Bhaskar | Nov 16, 2017 08:47 am
In India there is a saying that if the first generation creates wealth, the second tries to build on it, but the third, invariably squanders it. In...
https://www.freepressjournal.in/cmcm/economic-policy-little-vision-less-consultation
Auto sector revival key to economic revival
RN Bhaskar – August 22, 2019
Budget reviews are normally written within a fortnight after the papers are tabled in Parliament. This belated review comes in the wake of sharply declining sales, slashing of...
https://www.freepressjournal.in/business/policy-watch-e-solutions-cannot-substitute-efficiency-integrity-and-intelligence
India stunts its own ecommerce potential
RN Bhaskar
India has always prided itself on its IT (information Technology) skills. It believes that it can become the world’s outsourcing hub for technology.
It believes that it could become the biggest ecommerce and esolutions...
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...
R N Bhaskar
27 April 2015
Prime Minister Modi has just returned from a successful trip to three countries. Each of these trips is aimed at achieving two objectives. First, to improve India’s relations with some of the most advanced and...
The dangers of pushing ideology
RN Bhaskar
Last week, at a Business Standard conference, RBI governor, Shaktikanta Das made some observations that caused many observers to roll back their eyes. The governor said that the Indian economy and the financial sector...
http://www.freepressjournal.in/analysis/the-government-should-not-be-trusted-with-banks/1198570
The government is responsible for bank NPAs
— By RN Bhaskar | Jan 04, 2018 08:34 am
A seminal document, that CARE Ratings brought out on December 27, 2017, showed how precariously perched India’s banks are.
In that list (see chart alongside) CARE Ratings...
http://www.freepressjournal.in/analysis/r-n-bhaskar-the-government-gets-richer-while-people-become-poorer/1004973
Demonetisation and the shrinking bank credit
The finance minister is exultant. He proudly points to the surge in tax collections. He then uses these numbers to deny that demonetisation has led to any serious slowdown in the Indian economy. His...
https://www.freepressjournal.in/analysis/pmp-and-pli-and-more-backdoor-licensing-moves
Will the PLI scheme really boost India's economy?
RN Bhaskar
On 18 October, 2022, Raghuram Rajan, former governor of the RBI, India’s central bank, created a furor among investors when he harshly criticized the government’s PLI scheme (https://www.opindia.com/2022/10/raghuram-rajan-latest-india-manufacturing-hub-china-why-he-is-wrong/). Rajan is currently...
http://www.freepressjournal.in/is-modis-economic-vision-getting-hazy-r-n-bhaskar/814854
Is Modi’s economic vision getting hazy?
Mar 31, 2016 01:08 am
At first blush, India’s economic engine under Prime Minister Modi appears to be faltering. True current account deficit (CAD) in Q3 2016 is lower than in Q3 2015. Net...
