A new policy direction for solar is required in India
By RN Bhaskar
If one goes by statements and posturing, India is the best visionary for solar. Remember how the government announced its
Too many announcements
Just consider the number of statements and...
Loans will continue to rise if unemployment is not eased
RN Bhaskar
Last week India’s central bank, the RBI, revised and tightened norms for borrowings, raised risk weights for personal loans and credit cards. That will make the cost of borrowing...
The India infrastructure hype
RN Bhaskar
Last week, the government announced that it would be embarking on another large investment outlay for infrastructure. As a media report (https://indianexpress.com/article/india/govts-big-infra-push-nod-to-road-projects-worth-rs-50655-crore-9491780/) put it, “In a big push to infrastructure spending, the Union government Friday...
Wrecking is easier than creating
RN Bhaskar
The Bing generated image shows a Samson-like figure wrecking buildings. Some people can be seen clapping in adulation. Others are fearful. The recent move by the venerable State Bank of India (SBI) seeking more...
India’s numbers only tell a fragmented story
RN Bhaskar
In January 2024. Fitch affirmed a BBB- rating for India (https://economictimes.indiatimes.com/news/economy/policy/fitch-maintains-bbb-sovereign-rating-for-india-with-a-stable-outlook-amid-strong-growth/articleshow/106904607.cms?from=mdr). So did almost every other major ratings agency in the world. Many in the government, and a few outside it as...
China develops Africa both as Plan B for itself and for the world
RN Bhaskar
The future of the world will lie in making Africa grow. That is what China has been doing all along. That is what India should be...
The world could change faster than you think
RN Bhaskar
Recent developments have the potential to compel people to shed any preconceived notions of the way strategies could play out. The world is changing faster than anyone could imagine.
The Latin American...
Fact vs fiction about advantages and strengths can be quite jarring for India
By R.N. Bhaskar
India makes tall claims. However, a look at hard numbers shows how it has spurned natural advantages that it had. The country cannot prosper if...
Yarns government spokespersons spin about jobs and growth
By RN Bhaskar
The government may say that the economy is looking good, and that India is on the rise.
But some key indicators are flashing red. Few jobs, little growth and a bleak...
The government creates godmen, destroys values, in pursuit of power and wealth
RN Bhaskar
Last week the police finally registered an FIR (First Information Report, a document which must be prepared before criminal investigations begin) against priest and ‘godman’ Yati Narsinghanand...
