But, as the
edit points out, allowing these opaque entities to operate in India is an exercise fraught with risk, given the market regulator’s limited monitoring capabilities. Instead, a more transparent and easier process to allow start-ups to list would probably work better in India. Read it here Other views examine the urgent need to end the loan moratorium, the future shocks embedded in the National Stock Exchange’s IT systems, a look at the gainers and losers of past technological revolutions and the implication of the Quad’s vaccine project When will the Supreme Court moratorium on bank loans end? If it continues banks, wary of borrowers’ opportunism and distorted credit discipline, may not come forward to lend, writes
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.
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
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
Here s a selection of Business Standard opinion pieces for the day The inflation target of 4 per cent with a lower and upper tolerance level of 2 per cent and 6 per cent under the flexible inflation targeting framework is due for a review this month. India adopted the framework in 2016 and, according to the law, the Central government in consultation with the RBI is expected to determine the consumer price index-based inflation target once every five years.
Our lead editorial on this issue argues that the current inflation target has worked well and should not be changed. Read here The government has retreated from its responsibility to provide more and better public goods, instead focusing on direct cash transfers into bank accounts, writes Rathin Roy. Read here