Best of BS Opinion: Valuation pressure, responding to climate change & more

Here are the top BS Opinion articles of the day

IT companies are facing valuation pressure, says the first edit. The past several quarters have seen IT firms complaining about tighter margins and a greater churn, and both those factors are also adversely impacting profits. As regards climate change concerns, the second edit says India needs institutions to address those. 

Kenneth I Juster, Mohan Kumar, Wendy Cutler, and Naushad Forbes: Instead of pulling back, the US and India must play a central role in developing the economic framework for a free and open Indo-Pacific. Read here

Amit Tandon: As the asset management industry grows in heft, and within it, the index funds gain traction, it is this ability to engage will influence how corporate India functions.  Read here
 

Quote of the Day
 

During the last two and a half years we have had vast challenges. The COVID-19 pandemic, as well as the debt burden, and some mistakes on our part.

 

Sri Lankan President Gotabaya Rajapaksa