Hacker News Reader

If by "based on gold" you mean "our forex reserves and balance of trade with the world are lopsided because of our voracious appetite for imported gold", then maybe it's almost halfway accurate.

You seem to have it backwards. The article is about how long-awaited changes to India's broken court system has produced economic growth and prosperity, and reduced the burden of stagnant, failed companies.

This is almost an ad for investing in India.

Indian currency is not on the Gold Standard.