Edits & Columns
Onus of fixing GST not just the central government’s
So, when a special GST meeting is called, the states would do well to focus on the real issues instead of trying to exert pressure on the Centre to dip into its own kitty to pay them compensation.
Time for a big bang: Rupee needs to be made convertible on capital account
RBI, of course, has been steadily buying dollars—its reserves have risen by over $1 billion for seven straight weeks—no doubt aware that a stronger rupee would be disastrous for both the export se
Constitutional issues arising from telecom, Essar rulings
Unless every organ of our democracy focuses on its own sphere only and outcomes, a constitutional crisis is not too far away
Rural demand stimulus could be the key driver to overcome economic slowdown
Agricultural activity needs a priority. Rural connectivity in terms of physical infrastructure has to be developed
We must rethink our climate plan
When every breath we take is toxic, we know we have a crisis that needs to be fixed. We also know climate change is not an empty threat any more. It is real. It is happening
Demonising data results in, PM Modi being even more cut-off
A very large number of reputed economists/statisticians have said, after the GDP series was re-based some years ago, that they found the sudden jump in GDP growth quite unbelievable—the 7% growth, t
Climate change in a financial crisis, too
Financial institutions, from banks to insurers to asset managers, face climate-related risks that go far beyond the issue of social responsibility. One way or another—be it through natural disasters
Delhi govt needs to check its performance before deciding to take over schools over fee hike
An analysis of Delhi budget 2018-19 numbers by Praja Foundation shows that the average annual per student spending at Delhi government schools was Rs 75,056.
Fixing deposit insurance: Charge different premium depending on bank quality
Since not all commercial banks are as sound as HDFC Bank, say, and they too will have to pay higher deposit insurance, this will also give them an incentive to improve their functioning.
The real mainstream: Hydrogen or electric vehicles?
Currently, both electricity and hydrogen are produced from fossil fuels. Most hydrogen is produced by natural gas, while power is produced by burning coal and natural gas. Studies done in India indica
How long will Delhi gasp for breath?
The Kharif paddy crop sowing cannot be advanced—the existing Preservation of Subsoil Water Act in Punjab and Haryana can’t be relaxed because of a fast depleting water table (studies say it is red
Gold standard for gold in India
With more accredited refiners and an increase in the scale of operations, there will be stronger reasons for opening the Indian gold mining sector. Domestic bullion banks get to structure a financing
Time for India to move away from larger sob-stories of falling employment
It’s time India moves away from the larger sob-stories of falling/stagnating employment, towards where the light and dark spots are, and what they reveal about a rapidly-changing economic structure
MPs missing the meeting on Delhi pollution violated trust of citizens
Crucially, three of the five commissioners of the Municipal Corporation of Delhi, and even the Union environment, forests and climate change joint secretary were absent—the ministry had sent a deput
India needs a central coordinator for its cybersecurity ops
While the Stuxnet attack by the US, affecting nuclear reactors in Iran, spelled out the necessity of cyber defence systems, most countries have since followed a need-based approach to cybersecurity.
Demonetisation bump over, taxman needs a new plan, quickly
The number of individuals declaring an annual income of over one crore rupees in FY18 was 97,689 according to the latest data; while this is a 20% increase over the number in the previous year, the nu
Dialling revival: Telecom needs another great migration
Easy payment terms at NPV will keep the full liability on the books, and is just a postponement of the evil. Moreover, a multi-sided remedy is required since any one-sided relief package would inevita
The PC sweet spot: Friction-free computing could become the standard
Asus, showcased a bunch of new laptops and gaming computers powered by AMD’s Ryzen processors. What caught my attention was the fact that even the entry-level devices from the company were thin and
Govt’s online single window system is geared towards Ease of Doing Business
‘Nivesh Mitra’, the online single window system has been designed after performing a thorough stakeholder feedback to create a complete packaged solution for the industries and more importantly, t
RCEP: Redefining India’s trade in services agenda
There were several reasons why India has been disillusioned with the terms of the RCEP agreement, one of which is that the RCEP participating countries (RPCs) are not committing adequately to trade in
BBC Studios elevates Ryan Shiotani and Fiona Lang to general managers for APAC operations
Ryan Shiotani is currently working as acting SVP, branded services, Asia, while Fiona Lang is the COO for ANZ
Good judgement: CJI Bobde is right, National Judicial Service cadre is in national interest
Even the Constitution (Forty-second Amendment) Act 1976 inserted an “all-India judicial services” provision into Article 312. Besides, local judicial services have not delivered in the desired man
Govt is big telecom loser, over 1.7 lakh crore of payments at risk if Vodafone Idea folds
Another Rs 28,303 crore is at risk if Vodafone Idea folds up, and the balance Rs 32,655 crore is from companies like RCom and Aircel that are already in the insolvency courts.
Pushing exports: India must rethink trade policy
While the trade policy mandarins of the GoI will look for solutions, the message is clear—time is up for dole-outs for promoting exports, and competitiveness of exports must be driven by quality.
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