https://www.freepressjournal.in/analysis/jatin-mehta-files-a-usd-5-billion-suit-against-de-beers-stanchart-and-kroll
Indian diamond industry in a tizzy -- Jatin Mehta files a $ 5 bn suit against De Beers, Stanchart and Kroll
RN Bhaskar
For most market watchers in India, Jatin Mehta is a renegade, an absconder from Indian law (https://www.businesstoday.in/latest/corporate/story/cbi-files-two-fresh-firs-against-absconding-diamantaire-jatin-mehta-207129-2019-06-11) ,...
https://www.freepressjournal.in/analysis/jatin-mehta-files-a-usd-5-billion-suit-against-de-beers-stanchart-and-kroll
Kroll's refusal to face facts
The Jatin Mehta submissions before the Surat court have squarely put the blame on Kroll, which it says acted in concert with De Beers and SCB. Also see report at https://asiaconverge.com/2022/07/jatin-mehta-sues-debeers-stanchart-kroll-for-5-bn/
From the court documents, it...
https://www.freepressjournal.in/analysis/major-financial-turbulence-ahead-the-rupee-may-weaken-further
Crisis stations in India as the INR may weaken further
RN Bhaskar
Is India going down the rabbit h9le? The finance minister insists that India’s financial condition is not that bad. That India’s rupee has weakened less against the US dollar...
https://www.freepressjournal.in/analysis/commodity-trading-promise-vs-performance
Commodity trading – promise vs performance
RN Bhaskar
The government makes tall claims about protecting the farmers, and ensuring that agriculture remains vibrant. Such claims are quite enticing and appealing, till the cynic decides to scratch below the glitz. That...
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-g7-wants-to-ban-russian-gold-hah
So is it the turn of gold markets now?
RN Bhaskar
Are the G7 countries doing what India describes through an adage? “Vinashakale vipreet buddhi” is a saying which – loosely translated -- means “During the time of destruction, man takes...
https://www.freepressjournal.in/analysis/agnipath-indias-trial-by-fire
Agnipath: India's trial by fire?
RN Bhaskar
There are riots on the streets in many states (https://www.freepressjournal.in/india/violent-protest-continues-over-agnipath-scheme-in-bihar). In a bid to douse the fires, the government increased the recruitment age from 21 to 23 (https://www.freepressjournal.in/india/agnipath-scheme-upper-age-limit-for-recruitment-process-for-2022-increased-to-23-years). But this may not help. The...
https://www.freepressjournal.in/analysis/npci-upi-credit-cards-and-customer-safety
NPCI, UPI, digital payments and customer protection
RN Bhaskar
[Clarificatory Note: On 17 June 2022, five days after the article appeared on our website, and seven days after we sent out queries to NPCI before writing the story, NPCI came forth...
https://www.freepressjournal.in/analysis/too-soon-to-celebrate-storm-clouds-ahead-for-india
Is the worst over for the Indian economy?
RN Bhaskar
Most speculators seem quite upbeat after the pounding they have gone through during the recent bear phase. They believe that good times have begun. Maybe, they are right. It does look...
https://www.freepressjournal.in/analysis/the-roubles-getting-stronger
You cannot wish the rouble away
RN Bhaskar
Yes, it is counter intuitive. Many expected Russia to buckle after the first news of serious mistakes in its military strategy against Ukraine. Many may have thought or hoped that the bear would...
