Free Press Journal
  • India losing despite onward march of renewables?

    The US has walked out of the Paris agreement for containing green house gas (GHG) emissions.  And while this may cripple the carbon credits market which needed a big boost, it is unlikely to slow down India’s focus on renewables. As a recent Mercom research pointed out, “The Indian solar sector is witnessing strong growth…

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  • Energy prices favour India, may be not OPEC

    The snapping of diplomatic ties with Qatar by many Arab countries underlines the precariousness of oil politics. Much of the Middle Eastern politics are on account of, and have a direct bearing on, oil and gas. In fact, many speculators expect oil prices to harden after the Qatar development. But that might not happen. Three…

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  • Can PSUs help improve government’s balance sheet?

    The government is caught between a rock and a hard place. It wants to create jobs through massive spending on infrastructure. But for that it will have to spend money that it does not have (and FDI into infrastructure hasn’t taken off). This, in turn, means that it will have to go in for borrowing…

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  • A novel way to resolve the bank-NPA issue

    Sometimes, it is important for finance ministers to consider the valuation approach in order to resolve the non-performing assets (NPA) crisis afflicting Indian public sector banks. This is the method adopted by most investment bankers and astute financial advisers. It is what the government of India was willing to adopt in the early 1990s when…

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  • State’s amazing feat of de-risking farmers

    Maharashtra is a rich state where its farmers are poor. And it isn’t because they don’t get loan waivers.  Farmers remain poor primarily because they’ve been exploited. Their poverty stems from the government’s inability to de-risk them, and to infuse vision and wealth. The BJP government in the state hopes to change all this. The…

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  • World poverty clock – pointers for India

    Asia could be getting out of poverty faster than many countries in the developing world.  This – and a great deal of incredible data – can be found on the website of the world poverty clock – http://worldpoverty.io/.   This is a brilliant concept developed by economists to get a grip on the magnitude of…

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  • Going beyond Germany, trying to help other countries to deal with paedophilia

    Dr. Klaus M Beier was in India in March 2017 (http://bit.ly/2pBWCh1). He is a full professor at the Charité, the University Hospital of Berlin, which is the biggest University Clinic of Europe. In 2005, he initiated the ‘Prevention Project Dunkelfeld’ (at the beginning funded by the Volkswagen Stiftung and since 2008 also aided by governmental…

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  • RERA becomes real: Will the customer still be king?

    It was a concept that was being spoken of almost nine years ago.  Finally, this government has made it happen.  Nobody thought that the real-estate-developer lobby could be reined in. On March 16, 2016 – almost a year ago – both the Rajya Sabha and the Lok Sabha passed the Real Estate (Regulation and Development)…

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  • Maharashtra haven for illegal mining, political funding

    The immediate provocation for this article was a recent discussion on illegal sand mining organised jointly by Moneylife and Awaaz Foundation last fortnight. At the discussion, speaker after speaker bemoaned the inability – or unwillingness – of the state to curb illegal sand mining. This was notwithstanding the good work done by some bureaucrats in…

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  • Futures in diamonds: Is SEBI promoting a scam?

    . The report stated that India is a global diamond polishing hub where 14 out of every 15 rough diamonds in the world are polished. It wasn’t long before all this information was picked up by the rest of media. The exchange also stated that it had received an “in-principle” approval from the market regulator…

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  • SBERBANK in India: From Russia with love

    Established in 1841, and having evolved into one of the most modern and formidable banks in the world today, it boasts of 16,342 branches in all 83 constituent entities of the Russian Federation. It employs around 3, 30,700 people. Almost 70 per cent of the population of Russia uses the services of this bank. It…

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  • India-Russia: Friends for 70 Years

    It was in Goa, India, that Russia’s President Vladimir Putin and India’s Prime Minister Narendra Modi adopted a joint statement ‘partnership for global peace and stability’ and the ‘roadmap of events’ to celebrate the 70th anniversary of the establishment of the diplomatic relations between India and Russia on April 13, 2017. And any celebration of…

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