Sunday, August 14, 2022
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/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...
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/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/policy-watch-slums-2-how-slums-distort-normal-economics-in-india Slums 2 Great scheme for politicians and graft-seekers RN Bhaskar Anyone who has seen pictures of the large-scale deaths in slums caused in the Bhopal gas tragedy (https://www.indiatoday.in/india/photo/bhopal-gas-tragedy-in-pics-363786-2010-06-08) knows what an irresponsible approach towards human settlements can do.  On the night of...
https://www.freepressjournal.in/analysis/policy-watch-demographics-and-weaponsising-unemployables Policy watch Short-tenure recruitment of unemployables in the army will weaponise them RN Bhaskar Last fortnight, the government let it be known it was contemplating introducing short term recruitment – of three year tenures – into the Indian army (https://economictimes.indiatimes.com/news/defence/armed-forces-may-soon-recruit-soldiers-on-short-term-contracts/articleshow/90671646.cms?from=mdr). According to...
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/policy-watch-unintended-consequences-of-the-ban-on-cow-slaughter Uttar Pradesh and its cow problem RN Bhaskar Yogi Adityanath should be a worried man  He has a problem born of his own creation. His state has been one of the most belligerent in its enforcement of the ban on cow...
https://www.freepressjournal.in/analysis/policy-watch-focus-on-dignity-and-employment-not-distribution-of-doles Wealth generation and dignity more important than distribution of doles RN Bhaskar The finance minister has been singing praises (https://www.freepressjournal.in/india/india-kept-extreme-poverty-at-bay-in-pandemic-years-imf-working-paper) for the Prime Minister’s Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). Under this scheme, free foodgrain was given away to needy...
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...