Business Standard Editorial Comment

New Bill will make tribunal appointments transparent and independent

Courts have settled that tribunals that take up the jurisdiction of high courts must have the latter's independence and capacity

Expats in aviation: Indian carriers must nurture domestic talent

The current scenario, where airlines are unable to find suitable top candidates in India, can be partly traced back to the country's chequered aviation history

West Asia's 'Nato': Why New Delhi faces a new diplomatic challenge

Turkiye has a geographical and institutional foothold in Europe and West Asia. It is a founding member of the Organisation of Islamic Cooperation, but it is also the largest Nato member after the US

Improving fiscal credibility: States need a transparent reporting framework

The RBI has argued that fiscal-responsibility laws should evolve from merely monitoring deficit numbers to assessing broader fiscal risks

Comprehensive support: PM-KISAN should include fertiliser subsidy

PM-Kisan's extension offers an opportunity to widen support to tenant farmers and use its DBT infrastructure to make fertiliser subsidies more targeted, transparent and efficient

Reforms for higher growth: India must capitalise on international trade

India needs faster tariff cuts, deeper trade integration and stronger investment treaties to boost exports, attract FDI and sustain the high growth needed to become a developed economy

Digital payments need a sustainable funding model for future growth

The Lok Sabha's tax amendment Bill opens the door for future UPI merchant charges, reigniting the debate on funding India's fast-growing digital payments ecosystem

Short of expectations: New closing auction system on exchanges needs review

The new closing auction session has triggered price divergences in F&O stocks, raising concerns over liquidity, price discovery and its impact on investors

Beyond policy sales: Insurance companies must prioritise customer retention

Rising life insurance policy surrenders highlight weak policy persistency, underscoring the need for reforms focused on better products, sales practices and consumer retention

Policy prospects: Inflation projections demand monetary tightening

The RBI's decision to hold rates reflects easing inflation risks for now, but rising price pressures could warrant policy tightening in the coming months

Justice delayed: India needs comprehensive justice system reforms

Raising the Supreme Court's strength is a welcome step, but filling vacancies and reforming lower courts remain key to tackling India's mounting judicial backlog

Price protection: Minimum import price for PVC will increase costs

The MIP on PVC resin may support domestic producers but risks raising costs for MSMEs, infrastructure projects and exporters while failing to address supply shortages

Export ambitions: States can play only a limited role in the push

India aims to raise its share of global merchandise exports from just 1.8 per cent in 2024 to around 10 per cent by 2047

Copyright in AI era: Deeper judicial, legislative scrutiny is needed

The substantive issue concerned the applicability of "fair dealing" under Section 52 (1)(a), for which the court has adopted an ample interpretation

Sustained uncertainty: RBI's MPC is unlikely to change the policy rate

The RBI has projected an average inflation rate of 5.1 per cent for this financial year and is unlikely to change it much at this stage

Dominating the skies: Indian aviation needs more competition and choice

The consolidation has left the market with two airlines of consequence - IndiGo and the Air India group

SC draws firmer line on environmental compliance and approvals

The latest judgment can be seen as seeking a balancing act between a May 2025 judgment of a two-judge Bench and its recall in November

AI stock correction reflects a more rational market reassessment

AI is transformative. People expect it to not only generate gargantuan profits but also to alter the way society functions

States need faster fiscal consolidation as debt redemptions loom

A possible reason for the expansion in the debt stock is the higher Budget deficit of state governments

Agricultural research needs greater funding to sustain long-term growth

Agricultural extension, which carries innovations from laboratories to farmers' fields, yields ₹7.40 for every rupee invested