Saturday, April 20, 2024
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...
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...
Governance: hype, hope, and hell RN Bhaskar There is confusion that has gripped many Indians about the fate of the country’s polity and its future. On the one hand there are eulogies about the enormous potential India holds out. On the other are...
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...
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...
Has India eliminated poverty? RN Bhaskar Last week, the government proudly declared that it had reduced Multidimensional poverty during the past five years (https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1940125). It claimed that. 13.5 crore Indians escape Multidimensional Poverty in 5 years. Steep decline in number of...
The hype about India being the most attractive investment destination RN Bhaskar Suddenly, there is a rash of announcements proclaiming India to be the best investment destination in the world.  Such a view has been echoed by, among others by Outlook...
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...
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...
Turmeric gets a shot in the arm RN Bhaskar Turmeric farmers should see better prices both in domestic and export markets soon.  This is because of the efforts of the government’s KVKs (Krishi Vigyan Kendras) and NCDEX (which funded the setting...