Opinion

Judging the RBI by the wrong rule

Has the RBI been biased toward tight monetary policy, or is its rate-setting framework flawed?

The impossible trinity, revisited

Large interventions across markets call for greater coherence in the RBI's policy framework

Parliament's democratic deficit

Disruption & hastily passed laws reflect poorly on MPs

Incremental investment

India needs reforms on multiple fronts

Best of BS Opinion: Quick fixes cannot substitute for structural reform

We see a pattern in messages across these pieces: Temporary management can buy time, but durable change needs structural reform

Redeeming our 'Tryst With Destiny': India's road map to Viksit Bharat

India has declared its ambition to become a developed nation by 2047. What it needs now is a credible, measurable roadmap to turn that ambition into reality

UCBs: Past imperfect, present evolving as RBI revives on-tap licensing

The decision to reintroduce on-tap licensing for urban cooperative banks signals the regulator's growing confidence that governance reforms have created sufficient safeguards

Puzzling policy: Premature ending of FCNR (B) swap raises questions

From the turn of events, it would appear that the scheme was not adequately thought through

Renewed reform push: India must speed up its growth to meet challenges

To assuage the anxieties of the youth and children, the country must broaden the avenues for gainful employment available to them and reduce the unemployment rate among graduates

The cost of exchange rate policy: What is the price of controlling rupee?

The path to Indian economic success begins with a full reckoning of the costs of exchange-rate management

Economics of oilseed production: Why India's import dependence persists

The genesis of the persistent rise in imports of edible oils, regardless of steady increase in indigenous production, lies in the demand growing faster than the supplies

Regular to direct plan switch: Is a tax levy justified for investors?

Making switches between regular and direct tax-neutral will not cause any revenue loss. The capital gain is not being forgiven or exempted

Gen AI is rewriting how the world buys, spends as technology shapes choices

As the first cohort surrounded by AI and media from birth, Gen Alpha's tech fluency is intuitive and its consumption behaviour is different

Forty years on, has India allowed General Vaidya's sacrifice to fade away?

Soldiers, however senior, can't determine their destinies, and especially so in democracies

Best of BS Opinion: The case for keeping UPI free outweighs its infra costs

Today's columns examine the case for keeping UPI free, Punjab's shifting political landscape, General A S Vaidya's forgotten legacy and the rise of founders as brand ambassadors.

In an age of social media, founder-led brands are the new business model

Interestingly, founder-led brands follow a very different marketing formula

Punjab's political climate turns fluid as old alliances lose their grip

Conditions of extreme fluidity hang over Punjab as the weather cools but election fever hots up

The case for keeping UPI free outweighs the costs of its infrastructure

It is worth seeing the argument from a perspective that does not limit itself to asking how UPI infrastructure costs ought to be funded

Failure, but please call it something else: The new language of losing

Startups pivot, companies rightsize, politicians introspect, and relationships evolve. We still fail; we've simply learnt to hide the wreckage behind respectable euphemisms

Great anxiety to Viksit Bharat: Tracing India's changing economic narrative

An analysis of India's Budget speeches since Independence reveals a growing confidence in tone