Opinion
India must broaden its services export base beyond IT and consulting to reduce concentration risks, boost competitiveness, create jobs and sustain growth amid global protectionism, say economists
 "Dharmakirti Joshi")
 "Adhish Verma")
 "Bhavi Shah")
 "ILLUSTRATION: BINAY SINHA")
 "Amit Kapoor")
 "Amit Tandon")
 "Shyam Saran")
 "Ananth Narayan")
 "Debashis Basu")
 "Sonal Varma")
 "Business Standard Editorial Comment")
More on Opinion
Trade possibilities: Latest numbers should not distract policymakers
Strong November export growth offers relief, but trade uncertainty persists as India races to seal a deal with the US amid tariffs, capital outflows and rupee pressure
 "Trade possibilities: Latest numbers should not distract policymakers")
Regulating higher education: Focus should be on improving outcomes
The UGC oversees non-technical universities, the AICTE is concerned with technical education, while the NCTE is the regulatory body for teachers' education
 "Regulating higher education: Focus should be on improving outcomes")
Growth in services exports essential to reduce concentration risk
India must broaden its services export base beyond IT and consulting to reduce concentration risks, boost competitiveness, create jobs and sustain growth amid global protectionism, say economists
 "Growth in services exports essential to reduce concentration risk")
India must treat design as a civic skill to build more liveable cities
The scale of the challenge becomes clearer when one examines who is expected to design India's urban future
 "India must treat design as a civic skill to build more liveable cities")
Best of BS Opinion: New rural jobs law will bring significant changes
Today's wrap looks at the new rural jobs law, the push to open civil nuclear power to private investors, a US strategic reset, RBI's views on bank ownership, and a book on American power
 "Best of BS Opinion: New rural jobs law will bring significant changes")
India needs Indian banks: Why domestic lenders matter most for growth
RBI's bank ownership policy has shifted towards regulated institutional investors, but over-reliance on foreign capital risks limiting India's credit growth and domestic banking depth
 "India needs Indian banks: Why domestic lenders matter most for growth")
Harnessing nuclear energy: Bill seeks to address key investor concerns
Changes in the provision on operator liabilities can be expected to encourage investment
 "Harnessing nuclear energy: Bill seeks to address key investor concerns")
US steps back as global leader, sees continuity for India in Indo-Pacific
The new US national security strategy signals a retreat from global dominance while reaffirming continuity in India's role in Indo-Pacific security and Quad cooperation
Revamping rural employment: New law will bring significant changes
The Bill proposes to increase the number of guaranteed days of employment to 125 per household
 "Revamping rural employment: New law will bring significant changes")
Best of BS Opinion: China must find political will to rebalance economy
Today's opinion pieces offer a sharp mix of macro and culture: China's demand shortfall, Prada's Kolhapuri move, the rupee's policy trilemma, why RBI needs better data, and a candid chess memoir.
 "Best of BS Opinion: China must find political will to rebalance economy")
Rate cut amid strong growth signals that monetary policy needs good data
For the RBI, it makes its job very difficult. To target inflation effectively, the RBI must set interest rates based on its inflation outlook
India needs a serious debate on monetary policy and the impossible trinity
The report concluded that although international policy consensus was shifting towards multiple-target, multiple-instrument frameworks, India should first focus on reducing the then high inflation
The label wears Prada: How global deals can galvanise India's handicraft
As the Prada-Kolhapuri deal demonstrated, IP protection lies at the core of any dynamic collaborative arrangement between domestic artisans and global marketers
 "The label wears Prada: How global deals can galvanise India's handicraft")
Sustainable growth path: China needs to do more to rebalance its economy
The government in Beijing has been far too hesitant in carrying out essential reform, and is now facing the consequences of that delay
 "Sustainable growth path: China needs to do more to rebalance its economy")
Best of BS Opinion: Energy bets, AI rules and growing market risks
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Energy bets, AI rules and growing market risks")
India's equity markets, economy: Will investors update their beliefs?
The Nifty is a club of giants - banks, financiers, software firms, pharmaceuticals, consumer staples, and commodity producers
 "India's equity markets, economy: Will investors update their beliefs?")
A Goldilocks 2026: Can reforms sustain the growth-benign inflation mix?
India may see a goldilocks 2026 with strong growth and low inflation, but sustaining this balance will hinge on reforms, RBI policy support, fiscal consolidation and easing external pressures
 "A Goldilocks 2026: Can reforms sustain the growth-benign inflation mix?")
Copyright protection: Better framework is needed for AI training
A central government-appointed body will collect and distribute these royalties while a separate committee will set rates, subject to judicial review
 "Copyright protection: Better framework is needed for AI training")
Nuclear energy for growth: Sustaining a vibrant enabling environment is key
India's goal is to boost its installed nuclear-power capacity to 100 Gw from the current 8.8 Gw by 2047
Time right for banks to star in the M&A story as RBI opens doors
Draft guidelines enable banks to fund acquisitions, deepening corporate relationships and reducing reliance on offshore credit
 "Time right for banks to star in the M&A story as RBI opens doors")
