Page 6 - Business Standard Editorial Comment
High-voltage reforms: Draft power law could be a game changer for sector
Most significantly, the amendments propose to allow distribution licensees to supply power through shared networks.
 "High-voltage reforms: Draft power law could be a game changer for sector")
A Nobel for innovation: Without a creative culture, growth will not happen
The lesson from last year's Nobel, which was awarded to scholars of institutional economics, was that long-term growth emerges from the institutional basis of an economy
 "A Nobel for innovation: Without a creative culture, growth will not happen")
Easygoing, transparent UK-India relationship has room for expansion
Starmer's India visit strengthens economic and security ties, with £1.3 billion Indian investments in the UK and deeper collaboration in fintech, biotech, and naval operations
 "Easygoing, transparent UK-India relationship has room for expansion")
Known unknowns in Gaza: Lack of clarity mars Trump's ambitious peace plan
Hamas rejects Trump-led peace plan as doubts linger over hostages, Israeli withdrawals, and post-war governance in Gaza, casting uncertainty over durable peace
 "Known unknowns in Gaza: Lack of clarity mars Trump's ambitious peace plan")
Tax certainty: Presumptive regime key to boosting India's FDI flows
The challenge is not India's assertion of its tax rights but the opacity of the rules.
 "Tax certainty: Presumptive regime key to boosting India's FDI flows")
A promising telecom stack, but India must address sector's health, duopoly
Despite the challenges, the telecom sector in India has scored well on tech advancements. The indigenous 4G technology stack, figuring among the elite five, is an example
 "A promising telecom stack, but India must address sector's health, duopoly")
Credit on UPI can transform financial access for underserved borrowers
The experience of UPI offers valuable lessons on how Clou can evolve into a truly inclusive credit system
 "Credit on UPI can transform financial access for underserved borrowers")
US' unilateral moves have rendered global multilateralism toothless
As the US sidelines institutions like the IMF, UN, and WTO, the post-War global order faces its most serious crisis yet
 "US' unilateral moves have rendered global multilateralism toothless")
Listen to NITI Aayog: Boost trade competitiveness to strengthen economy
It is important for India to focus on expanding exports. External demand can be an important source of sustaining high growth, as demonstrated by several Asian countries in recent decades
 "Listen to NITI Aayog: Boost trade competitiveness to strengthen economy")
Cracking pollution: Green fireworks are not India's long-term solution
Burning crackers during the paroxysms of celebrations that erupt during Diwali and continue after the festival add significantly to the pungent particulate matter in the air
 "Cracking pollution: Green fireworks are not India's long-term solution")
Unhealthy practices: Regulatory vigilance on pharma needs a relook
Deaths from ingesting contaminated cough syrups in India have occurred with distressing frequency for decades
 "Unhealthy practices: Regulatory vigilance on pharma needs a relook")
Pulses push: New govt mission should help reduce import dependence
Past experience in India shows that production, higher minimum support prices, and procurement alone cannot solve the problem
 "Pulses push: New govt mission should help reduce import dependence")
Quarterly or bi-annual: Will reducing financial reporting frequency help?
Moving to a biannual reporting cycle will inevitably increase information asymmetry between management and shareholders, potentially leading to greater volatility in financial markets
 "Quarterly or bi-annual: Will reducing financial reporting frequency help?")
Rising and shining: Global uncertainty is pushing precious metal prices
One factor driving prices is currency-market volatility. A weaker USD, in particular, is often the trigger for bull runs - international prices of both metals are USD-denominated
 "Rising and shining: Global uncertainty is pushing precious metal prices")
To beat slow growth, India needs to create better-paying jobs at scale
The combination of slower productivity and a shrinking formal sector has substantially restrained wage growth, undermining both worker income and domestic demand
 "To beat slow growth, India needs to create better-paying jobs at scale")
DGCA's ranking reveals serious quality problems in India's pilot training
A granular look at the ranking criteria the DGCA has applied is concerning.
 "DGCA's ranking reveals serious quality problems in India's pilot training")
Practical pause: Regulatory interventions will help ease of doing business
On balance, the proposed regulatory intervention will improve the ease of doing business for banks without losing sight of banking and financial stability
 "Practical pause: Regulatory interventions will help ease of doing business")
RSS at 100: The next phase of its evolution should make it more open
Over the past hundred years, despite bans and a political climate that was not conducive to its survival, the RSS has continued to expand
 "RSS at 100: The next phase of its evolution should make it more open")
Trading carbon: An efficient market can enable India's green transition
Other than meeting India's climate objectives, the domestic carbon market has profound implications for the country's export competitiveness
 "Trading carbon: An efficient market can enable India's green transition")
Govt must do more on FTAs to help exporters benefit from trade deals
Tariffs on many imports from the Efta nations will be eliminated, and the duties on Indian exports to those countries were not very high anyway
 "Govt must do more on FTAs to help exporters benefit from trade deals")
