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Best of BS Opinion: Monetisation lessons from NHAI, recovery risks & more

Here s a selection of Business Standard opinion pieces for the day The Joe Biden administration in the US plans to spend $1.9 trillion to stimulate economic activity. Such a large fiscal programme would have perhaps lifted confidence in a pandemic-battered economy even until a few months ago. But things have changed quickly: Economic activity is picking up and the expected return of demand with the ongoing vaccination programme is fuelling inflation fears. The 10-year US government bond yields have increased to about 1.5 per cent, compared to a low of 0.5 per cent in August 2020. In this context, our lead editorialnotes that higher inflation and sustained increase in bond yields will have wider implications, not only for the US but also for emerging market countries like India.

Best of BS Opinion: Signposts from China, consumer sentiments, and more

Uddalok Bhattacharya sums up In the post-Covid recovery phase, China springs a few surprises but sticks to the familiar on foreign policy with India. Vinayak Chatterjeewrites: The “jugalbandi” of the National Infrastructure Pipeline and National Monetisation Pipeline should be music for the infrastructure sector, and the nation. One investing, the other resourcing. There is a steady improvement in consumer sentiment. But, they are still a far cry from the levels seen before the lockdown, says Mahesh Vyas QUOTE We know that people want to get vaccinated so that they can get back to doing the things they enjoy with the people they love

Best of BS Opinion: Agenda for Stockholm+50, micro loan regulations & more

Uddalok Bhattacharya sums up Stockholm held an environment conference in 1972. It is doing so gain. What has changed in the intervening 50 years? Read Sunita Narain The Election Commission must ban loan waiver poll promises by all political parties. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, says Tamal Bandyopadhyay QUOTE I m thrilled to present to you Sona, a new restaurant in NYC that I poured my love for Indian food into Actor Priyanka Chopra Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you in

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