Opinion

India-Russia ties multifaceted, but more ballast is needed on the economic front

The need is to address whatever barriers there are for closer economic engagement. Logistical difficulties in terms of the lack of direct transportation routes and inadequacy of banking linkages are p

It has been two decades since both nations signed a historic declaration on a Strategic Partnership and more than decade since it was elevated to a Special and Privileged Strategic Partnership.

Sebi consultation paper: Towards investor protection and market stability

The proposals outlined in the consultation paper seem promising and well-intentioned in terms of catering to the emerging trends in public issuances

While not a blank cheque IPO like the American concept of Special Purpose Acquisition Company (SPAC), this does increase the flexibility of companies to grow inorganically through freshly-raised funds.

Making sense of the telecom tariff rise

Thanks to the voluntary price hike, the government and the Trai did not have to intervene to boost operator revenues directly. They can be grateful that customers are pitching in

Vodafone Idea, however, has a lot to celebrate before dealing with these and other challenges.

Digital, finance & tech: DiFiTe-disruption era; ‘dishoom dishoom’ continues

In almost every crisis, we miss the boat; we enter the scene only when damage has been done. Then we do everything to salvage the optics. Such optics-management is worrisome.

We need proactive institutional change management, better regulatory and supervisory upgrades constantly. (Representative image)

GDP: Growth is real, but challenges abound

For the first half of FY22, the absolute real GDP is still lower than in the first half of FY21. Growth remains inequitable; upper income strata are spending, while lower levels of income strata are u

Importantly, the critical understanding needs to be on whether Covid-19 has inflicted a durable damage to the economy and what could be the measures that need to be employed to mitigate or at least reduce its impact.

Covid-19: Patents waiver crucial to vaccinating the world

Protection of billions of people in low-income countries matters more than the profitability of big pharma

While 54.6% of the world’s population has received at least one dose of vaccine, mostly in developed countries, only 6% of people in low-income countries have received at least one jab, according to Our World in Data.

Oil’s not well with domestic production

With elevated global oil prices, stepping up domestic production must be prioritised at all costs

To reduce vulnerability to high and volatile global prices, determined efforts must be made to increase the levels of relative self-sufficiency by stepping up domestic oil and gas production.

India and the distance to SDG realisation

NFHS-5 shows how far we are, which can inform policy action to close the gap. The most shocking statistic in NFHS-5 is the rise in anaemic children (below five) from 59% to 67%, keeping us far from re

Besides the problem areas, NFHS-5 can also point towards targeted locations for intervention.

From Plate to Plough: Harvesting solar to breathe easy

Pushing the northern states’ farmers away from rice and incentivising solar power generation as an ‘alternative crop’ can help clean up Delhi’s air

Inside Track: Decoding Sanjiv Goenka’s Indian Premier League choice

Trinamool Congress chief Mamata Banerjee’s attempt in Delhi to reach out to politicians and intellectuals disillusioned with the Gandhi family’s hegemony over the Opposition and looking for a viab

Trinamool Congress chief Mamata Banerjee

The unenviable job: Meet Manchester United new boss Ralf Rangnick

“I think sometimes now when the players get interviewed, they are like robots. Over the last week when a lot of the players have been talking about the manager leaving, they keep saying Ole. Ole was

Ralf Rangnick (FILE PHOTO:Reuters)

Across the Aisle by P Chidambaram: Precious resource in peril

I have diligently followed the Annual Status of Education Report (ASER) that is published periodically. We had the reports for 2018 and 2020. Now, the ASER report for 2021 has been published on Novemb

Biju Janata Dal workers during a protest rally in Bhubaneswar against LPG cylinder price hike (PTI Image)

Veni, Vidi, VG: Reversing global inhouse centres fortunes with reverse innovation

Companies must foresee change in the current model before a crisis forces you to abandon it.

Veni, Vidi, VG: Reversing global inhouse centres fortunes with reverse innovation

Kerala has the right idea with vaccine mandate

Wide two-dose vaccination coverage key to curbing further variants; need to fight hesitancy, vaccination inequity

The matter of mandatory vaccination was also considered by the Supreme Court in a November 29 hearing for a petition made by Dr Jacob Puliyel, a former member of the National Technical Advisory Group on Immunisation, who demanded that the data for the vaccine trials be made public, and sought a stay on vaccine mandates.

China: The state asserts

State-driven policies will seek to rectify perceived economic excesses. China understands the importance of free market up to a certain degree, as also the long-term detrimental impacts of market fail

Based on our understanding, China increasingly views predominance of financial sector in an economy is a result of excessive expansion of capital.

Inflation outlook: Status quo from RBI on Omicron uncertainty

As base effect wanes, inflation to harden to an uncomfortable 5.5-6% in December-March FY22, close to upper end of MPC’s medium-term target range. With elevated input prices, either margins will be

On balance, we expect the CPI inflation to print at around 4.7% in November 2021.

More efforts needed to popularise Udyam

From data protection to incentives, govt needs to step on the gas to push the initiative to make ‘doing business’ easier for MSMEs. No dedicated official app for Udyam registration exists. An app-

That said, the key underlying issue leading to poor response might be the fear of excessive scrutiny of business operations by government agencies and a related rise in compliance costs for the enterprises.

RBI report on digital lending: The path ahead for digital lending

RBI working group report takes a balanced view, calling for specific regulatory interventions to reduce concentration risk and eliminate regulatory arbitrage; the report highlights neo-banking and DeF

These include overleveraging of customers, usurious rates, collection methods not in line with regulatory prescriptions, regulatory arbitrage, etc.

Growth recovers from the second wave

The baseline view points towards rising inflation, cyclical recovery and policy normalisation

The Q3 GDP outturn is marginally above RBI’s projection of 7.9% y-o-y and confirms the economic recovery from the second wave.

Democracy is a tango for two

Ramming through legislation besmirches the dignity of Parliament as much as unruly and disruptive conduct

PM Narendra Modi has called for, in many speeches in Parliament and outside it, respecting debate and dissent.

For atmanirbharta in electronics…

…we need to make hardware PLI more responsive and take a pragmatic view on Chinese investment in India in the space

The China issue is an emotive one for Indians, which makes it difficult to have a logical discussion, even among policymakers, and it remains the proverbial elephant in the room.

National Health Accounts 2017-18: Faster movement towards a distant goal

Out-of-pocket expenditure on healthcare is falling, but to realise Universal Health Coverage, India needs much more government investment, especially from states. Compared to OOPE estimates of 69.4% o

Many advanced economies have institutionalised NHA within their health systems. India envisioned it in the National Health Policy (NHP) of 2002.

Towards universal credit inclusion

Multiplicity of regulations can hamper the growth of the nascent digital lending sector. Much of the innovation is currently driven by younger start-ups, and these have limited ability to invest in co

Reinterpreting them in context of digital lending—where screen space is scant and attention is scarcer—is a welcome step.
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