Can India grow to #3 in the world by 2028?
RN Bhaskar
Last week, Prime Minister Narendra Modi announced that India would become the third largest economy in the world by the end of his third term (https://indianexpress.com/article/india/pm-modi-india-worlds-top-3-economies-third-term-8862006/). He said he...
China's problems are becoming viral news. Is the situation that bad?
RN Bhaskar
The Western world and its allies are in a state of funk. They oscillate between aggression and fear – a kind of collective paranoia seldom seen before. They...
NMDC’s lust for foreign gold is mysterious indeed
NMDC rushes to seek gold overseas, when goldfields and mine development are pending in India.
RN Bhaskar
On 5 November, NMDC made an unusual announcement – captured by Reuters (https://www.reuters.com/markets/commodities/indias-nmdc-subsidiary-legacy-iron-ore-mine-gold-australia-2023-11-05/). It said that it...
NBFCs become more relevant to India. Is that a risk?
RN Bhaskar
All of a sudden, there’s renewed interest in what non-banking finance companies (NBFCs) are doing in India. Some are alarmed. Some canny observers are happy. Yet, the whims of...
Great plans for an India-ME-Europe corridor to mimic China’s BRI
By RN Bhaskar
On 9 September, the US While House put out a notification (https://www.whitehouse.gov/briefing-room/statements-releases/2023/09/09/fact-sheet-world-leaders-launch-a-landmark-india-middle-east-europe-economic-corridor/). It informed the world the following: “Today, we the leaders of the United States, India, Saudi Arabia, the...
Trade requires discussion and consultation. Not unilateral action
RN Bhaskar
The government has been seesaw-ing quite a bit during recent months. Some of them will hurt India in many ways. And there are serious implications for the future of trade and...
Policy watch
Is India losing money faster than inbound FDI?
RN Bhaskar
Politicians in India love hyping up this country’s investment story. That means excellent FDI (foreign direct investment) inflows. A good example is the way the Union commerce minister likes to...
A water policy is crucial for India’s survival
RN Bhaskar
The Bing generated image above could be prophetic. India – and the world – could soon be in desperate search of water. India will feel the pain much more than the...
RBI has more caprice than respect for standards
Can anyone be the world’s best central bank governor if he cannot protect the sanctity of his own country’s currency?
By RN BhaskarLast week, the Bombay High Court granted time to the Reserve...
Can India deal with China the way Vietnam has done?
By RN Bhaskar
India appears to be spooked by China. Its actions do not appear rational. To understand this, just look at what Vietnam has done. The world is waking up...
