Sunday, November 24, 2024
https://www.freepressjournal.in/analysis/stanchart-seeks-to-control-the-destiny-of-indian-banks-and-profit-foreign-firms-says-rn-bhaskar-2 Stanchart seeks to control the destiny of Indian banks and profit foreign firms RN Bhaskar To understand how Standard Chartered Bank (SCB or Stanchart) works in India, one has only to go to the way it acted in the matter relating...
https://www.freepressjournal.in/analysis/sodhi-resignation-milk-industry-jolted-writes-rn-bhaskar Sodhi resignation -- Milk industry jolted RN Bhaskar Last week delivered a shock to many in the milk industry.  R.S. Sodhi, the senior-most executive of the largest milk cooperative in India accounting for a turnover of Rs. Rs 46,481 crore in...
https://www.freepressjournal.in/analysis/2023-woes-government-myopia-has-hurt-the-economy-writes-rn-bhaskar 2023 woes - Government myopia has hurt the economy RN Bhaskar The first week of the new year had two bits of bad news for India.  First, the country witnessed data from the CMIE which showed that unemployment rate in India...
https://www.freepressjournal.in/analysis/on-indias-gdp-per-capita-gdp-debt-and-growth-writes-rn-bhaskar Asiaconverge wishes its readers a wonderful 2023! On India’s GDP, per capita GDP debt and growth RN Bhaskar When elections are round the corner, the tendency to wax eloquent about achievements is at its peak.  Governments, around the world, like to hype...
https://www.freepressjournal.in/analysis/the-government-makes-farmers-more-sarkar-nirbhar-not-atma-nirbhar-writes-rn-bhaskar The government makes farmers more sarkar nirbhar, not atma nirbhar RN Bhaskar Last week, the government shocked economy watchers when it announced an extension of the ban on futures trading in select agricultural commodities for a year.  It would appear that...
https://www.freepressjournal.in/business/indias-economy-hurry-hide-those-blemishes-writes-rn-bhaskar Indian economy -- Out damned spot! RN Bhaskar Last week was full of chest thumping for India as it hosted the G20 Summit in Mumbai.  The city did everything to make itself look prettier than it is.  Slums were hidden from...
https://www.freepressjournal.in/analysis/the-governments-myopia-will-blight-both-it-and-digital-payments-writes-rn-bhaskar Slowdown in IT, discomfort with digital payments RN Bhaskar The government loves thumping its chest when digital payments soar.  This was, after all,  one of the stated objectives of the  much-touted JAM Trinity - Jan Dhan, Aadhaar and Mobile (https://pib.gov.in/FeaturesDeatils.aspx?NoteId=151163&ModuleId%20=%202).  As...
https://www.freepressjournal.in/analysis/the-trumpets-and-the-pipsqueaks-discordant-notes-writes-rn-bhaskar The hype around India's economic growth RN Bhaskar When elections are round the corner, as they are in India, the tendency on the part of governments -- and those who wish to seek favours – is to engage in a bit...
https://www.freepressjournal.in/analysis/when-the-inr-falls-it-is-easy-to-blame-gold-writes-rn-bhaskar A weak INR and growing CAD are a result of poor gold policies By RN Bhaskar The RBI in its recent report (https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=21137#FN14) states “Gold imports at US$ 2.6 billion in June 2022 were almost half the level of US$ 6.0...
https://www.freepressjournal.in/analysis/gst-growth-does-not-mean-that-the-economy-is-growing-writes-rn-bhaskar GST and demonetisation are hurting India RN Bhaskar For the past month, there have been attempts to talk up India’s markets by pointing to surging GST collections. There are speakers who tout India’s achievements, and some even claim that demonetisation was...