Sunday, November 27, 2022
https://www.freepressjournal.in/analysis/opinion-rural-markets-will-decide-indias-revival Government policies have hurt India's rural economy RN Bhaskar Rural markets are in a froth.  Another farm agitation appears to be brewing (https://www.firstpost.com/opinion/why-a-farmers-agitation-2-0-begins-to-roll-out-in-delhi-11097951.html).  It could be messier than the first (https://asiaconverge.com/2020/12/farmer-agitations-fueled-by-corruption-politics-and-power/). And the reasons are not hard to find.  The gaps between...
https://www.freepressjournal.in/analysis/making-the-poor-even-poorer   Making the poor even poorer RN Bhaskar On Independence Day came the news that the finance minister planned to soon review the exemption-free new tax regime with a view to making it more attractive for individual income taxpayers, sources said. Eventually,...
https://www.freepressjournal.in/analysis/the-united-states-could-make-another-ukraine-out-of-taiwan USA could make another Ukraine out of Taiwan RN Bhaskar The recent developments involving Taiwan – including the US and China – must be viewed against two backdrops.  First, the blunders the US and NATO have committed in their approach towards...
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...