Free Press Journal
  • digital-payments

    Epayments – the government stumbles again

    Last week, the government came out with two announcements regarding epayments.  One was through the Reserve Bank of India (RBI).  The other was through the cabinet secretariat. The RBI announcement creates rules of merchant discount rates (MDRs) and also allows for stakeholders to post their responses with it by 28 February. The Cabinet Secretariat announcement…

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  • Ran maidan

    India has become key focus area for Netafim’s CEO Ran Maidan

    Israel’s Netafim is the world’s largest micro-irrigation company. For several decades, the US has been its largest market. But times are changing, and the company expects India to become its largest market – overtaking the US – very soon. Netafim already has a wholly-owned subsidiary Netafim Irrigation Pvt Ltd in India, with its headquarters in…

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  • Arun-Jaitley

    Tighten seatbelts, rough ride ahead for the economy

    Many sectors of the Indian economy have witnessed a sharp slowdown.  This has been acknowledged both in the Economic Survey 2017 and the Union Budget 2017 tabled before Parliament a fortnight ago. However, last week, two reports pointed to the pain that could lie ahead. First comes the issue of dealing with black money. Demonetisation…

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  • Mumbai: S Gopakumar Managing Director CEO GIC Finance . Photo by BL SONI

    Protecting the borrower, family and asset: GIC Housing Finance

    Among the older players in the housing finance segment, GIC Housing Finance (GIC HF) has some unique properties in its business model, to which it has combined aggressive targets for the next few years. The Budget thrust on affordable housing would benefit the company more than most in its peer group. S Gopakumar, MD and…

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  • indian-railways-640x420

    Indian Railways – a painful chugging ahead

    The recent Budget 2017 has made some key provisions for Indian Railways – as well as for other infrastructure projects. The Finance Minister hopes to spend as much as Rs 1.31 lakh crore on the Railways this year, as against Rs 1.21 lakh crore last year. He has proposed creation of ‘Rashtriya Rail Sanraksha Kosh’…

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  • Photo by B. L. Soni

    Will Budget 2017 change the colour of money?

    Budgets in India get dissected ad infinitum. Very often, though, the long-term thought and vision of the Finance Ministry and their subtle forward guidance is lost in the immediate impact. This time, we decided to opt for a considered view given by experienced people on specific topics. That, we thought, would help immensely in clearing…

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  • Photo by B. L. Soni

    Private: Will Budget 2017 change the colour of money?

    Budgets in India get dissected ad infinitum. Very often, though, the long-term thought and vision of the Finance Ministry and their subtle forward guidance is lost in the immediate impact. This time, we decided to opt for a considered view given by experienced people on specific topics. That, we thought, would help immensely in clearing…

    Continue Reading ...
  • Dilip_Rath

    Dairy will be a key player in the rural income growth story

    The recently announced Budget 2017 has brought agriculture and dairy farming into the limelight once again. In India, dairy farming is associated with two names – AMUL (promoted by the Gujarat Milk Marketing Federation or GCMMF) and NDDB (National Dairy Development Board), the apex body for the promotion of dairy farming and milk cooperatives in…

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  • agriculture-505_030713095851

    Budget 2016: Agriculture eyes higher growth

    No other sector assumes the significance that agriculture holds out in this year’s Union Budget.  Finance Minister Arun Jaitely announced an allocation of Rs 187,223 crore for this sector – a whopping 24% higher than the allocation last year. The government also announced a stupendous increase in the target for agricultural credit by Rs 1…

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  • rural-india-agriculture

    Agri-laundromat: Error or cover-up?

    After almost ten months of silence, the government of India finally came forth with some (rather strange) answers. The answers related to the charge that agriculture was being used as a laundromat – for converting black money into white. The laundering was not related to just a few thousand crore of rupees.  If one takes…

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  • medicare

    The abject state of medicare in India

    How does medicare fare in India? The blunt answer is that nobody really knows. There is very little data available. Or at least, if the data is available with the government, little goes out to global organisations like WHO (World Health Organisation) where data is captured for comparison. India used to do a better job…

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  • Credit Cards-Late Payments

    Pushing e-payments with scam potential dangerous

    This could be deliberate – one is not sure. But it could be a clever way to mask the channeling of all payments through the preferred gateway. The fact that the exercise fails just after you give your OTP (one-time-password) code could be a good way to ensure that nobody really finds out that the…

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