The RBI needs to keep a close watch on banks which have been reluctant to spend on IT even as they urge existing customers to move to mobile or internet banking
Politicians have muddied the discourse
https://www.thehindubusinessline.com/opinion/editorial/Redistribution-row/article68110063.ece
FSSAI must arm itself with a law that provides for more stringent monetary penalties
Workforce skills should evolve, while firms tap new markets
https://www.thehindubusinessline.com/opinion/editorial/its-time-for-a-reset/article68101663.ece
Group insurance products for seniors can be explored
Gukesh, the new torchbearer of Indian chess
Global inflation fears return
https://www.thehindubusinessline.com/opinion/editorial/uncertain-times/article68090905.ece
While reducing tariff barriers for imports and incentivising local production by foreign players, the government must ensure a level playing field for domestic OEMs and first movers
For decades, Tamil Nadu politics has been two-cornered, with DMK and AIADMK occupying the vertices
This time, there are strong indications that global El Nino conditions that have been in place since February 2023 are rapidly receding
Tax authorities should clear the air over applicability of the amended agreement on transactions initiated prior to its date of enforcement
The manifesto does not unveil extravagant plans that could compromise the fisc, perhaps because it feels they are not electorally necessary
Should inflation remain elevated, RBI may also be reluctant to ease up on domestic liquidity and prefer to stay with its ‘withdrawal of accommodation’ stance
Fair price shops as millet hubs hold promise
https://www.thehindubusinessline.com/opinion/editorial/ration-shops-20/article68058319.ece
Surrender charges of 50-100 per cent for premature exits seem usurious
Speculators are important in the forex derivatives market
https://www.thehindubusinessline.com/opinion/editorial/fema-trouble/article68046458.ece
A progressive policy framework will serve as the cornerstone of an inclusive broadcasting ecosystem
It is a mix of the sensible, populist and impractical proposals
Pilots’ working conditions crucial for passenger safety
The MPC’s optimism on inflation is notable, given that foreign portfolio flows into the debt market are expected to accelerate in coming months, coinciding with the inclusion of Indian bonds in...
This is a sector where quality and technological innovation, and not just volumes, should be prioritised
LRS outflows are a worry when the balance of payments situation is adverse, but the country is quite well-placed now
Managing the exchange rate and interest rate simultaneously will become a challenge if this fiscal too sees high FPI inflows
Whether dealing with regulation of banks or managing the country’s forex reserves and public debt, one quality that has stood RBI in good stead is its uncompromising conservatism
SAT rules on not just SEBI orders but also that of insurance and pension regulators
Kahneman ranks up there with Keynes
The ILO could have taken a granular look at the skills mismatch across sectors for a range of manufacturing and services activities
A good north Indian winter has raised the prospects of wheat crop
RSS feed
https://www.thehindubusinessline.com/opinion/editorial/pocket-summer-of-24/article67998720.ece
Given the comfortable forex reserves today, SEBI and RBI must view the MF industry’s plea favourably
The falling trend in corporate tax collections is confounding in the face of rate cut in FY20
The BJP appears determined not to let the failures of its past dent its ambition and aggressive appeal to the voters of the South this time
Rainwater harvesting and water recycling must be ramped on a priority basis
This seems to give US bond markets confidence that their expectations for three rate cuts from June 2024 would come good
Larger institutional investors may be hard-pressed to ensure adequate liquidity for shorter settlements
The tests also don’t reveal much about how portfolio returns can be hit by distress sales. Investors also need to evaluate the likelihood of the conditions for the stress tests playing out in r...
The key is to get the regulation just right — where the rap works as a deterrent without shackling legitimate promotional activity that must accompany a new drug
The digital panel’s recommendation for an ex-ante framework in the proposed law is unexceptionable
The electoral bonds scheme was not perfect, it should not have assured anonymity even if there were genuine reasons for doing so. But it was an improvement as money moved through banking channels
Price caps are likely to be ineffective for a host of economic factors
RBI must undertake a nationwide campaign to update nominees on bank accounts
An investment of $100 billion from the capital-rich EFTA nations has been promised in 15 years
Embarrassment for the bank at the apex court
https://www.thehindubusinessline.com/opinion/editorial/sbi-on-check/article67939232.ece
The exemptions appear justified as there is lower risk of these entities flouting the minimum public shareholding rules through such holdings
Finding a way to comply with environmental norms while keeping the plant running would have been helpful
The RBI is ensuring that banks and NBFCs get ample time to rectify their processes. This will help avert systemic risk and protect clients’ interests
Large flows create significant challenges for small-cap funds. With a flood of money chasing a limited investible universe of 500 to 600 stocks, valuations of good quality small-caps have shot th...
A law similar to the EU’s Digital Markets Act, which establishes a framework to curb the dominance of Big Tech companies, needs to be formulated
Apart from slashing the capital cost of setting up a rooftop solar plant, the scheme is expected to wean away consumers from ‘stolen’ power, adding to the savings of the Discoms
The promise of finding a ‘permanent solution’ to the public stockholding issue remains elusive as ever
Third quarter GDP has received a significant helping hand from a 32 per cent jump in net indirect taxes overlaying moderate gross value added
India is also working towards developing an alternative messaging channel for bilateral transaction
This is the right moment for India to become an international satellite major
The urban-rural income gap has narrowed, but unevenly
The sugar industry is likely to be hurt by curbs on exports and the ban on diversion of cane to ethanol
Trinamool shown up for land grab, sexual abuse
https://www.thehindubusinessline.com/opinion/editorial/sandeshkhali-shame/article67884609.ece
The new rules promise confidentiality to the informant. But the question is whether this carrot and stick policy will lead to the desired changes
The Supreme Court’s action in the Chandigarh mayoral election comes as a timely reminder that sanctity of the electoral process is central to the functioning of institutional democracy
Other than seeking lower non-tariff barriers on goods, India is seeking freer access for its IT and healthcare professionals
The capex for FY24, according to revised estimate, was 4.5 per cent lower than the budgeted figure. This does not augur well for development
States will have to put in place a competent authority and system of inspections suggested by the guidelines
A viable price support mechanism for farmers is to revive futures, so that sowing decisions are based on future rather than last year’s prices.
The Supreme Court’s judgment on electoral bonds raises more questions
Bilateral trade is expected to touch $100 billion
Rhetoric over resource-sharing does not help the Union
https://www.thehindubusinessline.com/opinion/editorial/states-of-the-union/article67845086.ece
Urban and big-ticket spending are in the pink of health
Despite the fear and intimidation, people turned the elections into a moment of resistance to cast their vote for independents backed by Imran Khan’s Pakistan Tahreek-e-Insaf
The IBC has been amended on many occasions since its inception in 2016. For now, the priority should lie in fixing the governance aspects
Fiscal reforms on the revenue and expenditure side have been noteworthy
Inflation continues to be a worry due to fresh global supply chain disruptions at the Red Sea, the troubling domestic reservoir situation and a still active El Nino
SEBI’s approach in asking algo platforms and algo strategy provider to register with it is the right way to regulate
The insurance industry will also have to do much more than waive the network hospital requirement, if it is to deliver on the promise of cashless treatment
There should be some periodic appraisal of whether the money invested is being well spent, as it accounts for nearly a quarter of the Centre’s infrastructure outlay
RBI’s action will have a ripple effect across the digital payments ecosystem
Tighter-than-expected fiscal consolidation will also stand the government in good stead as it parleys with global rating agencies for a long-overdue sovereign upgrade
It takes a decadal view of government finances
Listed companies share in total corporate investments has risen
There has been a considerable broadening of the tax base in recent years
Nitish Kumar’s switch to the NDA has significantly weakened the INDIA bloc
Trump’s politics is preferred by many Americans because they hold certain beliefs about how America should be. These people don’t want social change
To encourage the greening of energy use, free power should be restricted, and the money saved should be used to promote rooftop solar
Some companies have been found using ‘mule’ accounts to apply to their own IPOs, in order to show a large oversubscription
Lenders must differentially price their retail loans so that individuals who display healthy savings behaviour and positive net worth get loans at better terms than those who don’t
It’s time now for a politics of magnanimity
https://www.thehindubusinessline.com/opinion/editorial/after-ayodhya/article67764883.ece
The ASER and TISS reports on primary and secondary school education paint a bleak picture of learning outcomes
Given the weak finances of most of the State utilities, possibility of the liabilities exploding in the future is quite high
UP, Bihar, MP and Rajasthan have done particularly well
Income tax collections as well as the number of IT returns filed have increased
The recent global investors’ meets in Gujarat and TN have some important pointers
Maldives, despite its minuscule size, commands clout because of its 800 km long exclusive economic zone and its strategic location
Rising PSU profits is an opportune moment for the Centre to push its disinvestment programme
Back-of-the-envelope calculations are quite disconcerting. About half of India’s crude oil imports in FY2023, worth $105 billion, is likely to have passed through the Suez Canal
The Aditya L-1 mission is ISRO’s most complex ever, tougher than the three Chandrayaans and the Mangalyaan
Making investors aware about stocks with large outstanding short-sale positions is a good way to warn them about the risk in these stocks
High nominal GDP growth gives the Centre headroom to stay within its fiscal deficit and debt-to-GDP targets even if its spending overshoots
Reforms revolve around private investment, FPOs
The RBI’s draft proposes that banks be allowed to declare dividends only if they have met regulatory capital requirements for the last three years including the one in which the payout is propo...
The BJP is on a strong wicket, but there is much the Opposition can do
While expressing faith in SEBI’s probe, the apex court gives the regulator more time
The government must shift towards effective market intervention operations