Page 159 - Opinion

Best of BS Opinion: A checks and balances challenge, lagging behind, more

Here is the best of Business Standard's opinion pieces for today

Checks and balances challenge: How to strengthen regulators' accountability

Parliament's oversight of statutory regulatory authorities is weak, and strengthening it is both necessary and desirable

GDP share, per capita income: States showing no signs of convergence

There is a need for targeted and focused intervention to bring the lagging states up to speed as quickly as possible through Finance-Commission devolution or other means

Fed's balancing act: Why this rate-easing cycle will be different

Since the US economy is not in distress, lower interest rates may increase spending relatively quickly. Also, Mr Powell termed the cut a calibrated attempt to take the policy rate to the neutral rate

Best of BS Opinion: Wrong turn inwards, digging up due process, more

Here is the best of Business Standard's opinion pieces for today

Restoring river ecosystems vital to ensuring economic stability in India

River basin conservation also strongly influences the attainment of broader goals related to environmental conservation, climate change mitigation, and sustainable development

Innovation, competition, ambition: Why Indian firms must invest more in R&D

The success story of a few dozen firms could fire Indian industry to build proprietary technology and deploy it worldwide

Changing pension landscape in India: NPS Vatsalya set to be a game-changer

Employers and employees must contribute a percentage of their basic salary plus DA towards the UPS fund - which differentiates it from OPS but makes it similar to NPS

Digging up due process: SC order on 'bulldozer justice' restores equity

Given the increasingly febrile nature of the bulldozer justice issue and the ambit of its application, the sooner the Court issues clear guidelines on the legal premises of this practice, the better

Wrong turn inwards: Exports no longer a manufacturing priority for India

For consumer welfare, greater economic resilience, a stable trade deficit, and sustainable growth, the country needs to start looking outward for new markets

Best of BS Opinion: Challenges for a transitioning power and more

Here is the best of Business Standard's opinion pieces for today

COP-out at Baku: Agreement on new climate-funding mechanism inconclusive

Baku climate talks failed to reach a consensus on funding, revealing deep divides between developed and developing nations. The outcome casts doubt on the progress expected at COP29

India's foreign policy dilemma: Balancing global ambitions & domestic needs

India's growing global role clashes with its domestic challenges. Navigating foreign policy requires a balance between global responsibilities and the imperative of social and economic development

Maintaining continuity: Govt should be able to push economic reforms

History shows that coalition govts in India can implement economic reforms. But what the govt may find difficult to push are political ideas like "One Nation, One Election" and the Uniform Civil Code

Robust GST audit system with safeguards can boost state revenue collection

An audit system has great advantages over routine tax return verification but requires greater skills

Best of BS Opinion: Promoting caste equality, 'Chaotic' science and more

Here is the best of Business Standard's opinion pieces for today

Tech's storytelling evolution: From bit roles to key element in filmmaking

As writers, filmmakers, and actors rush to legally protect their work from being used to train AI, its creative abilities will be limited to hallucinating

Caste equality: Income disparity persists despite education, social capital

Caste equality can be promoted only by making caste a minor part of inheritance in a society where more and more families are inter-caste connected

'Mission Mausam' promises: Cloud chambers, AI, better weather forecasting

Mission Mausam aims to enhance India's weather forecasting through advanced technology, cloud chambers, and AI, promising improved predictions and better climate change mitigation

Balancing act in agriculture: Markets must be allowed to function

Recent policy changes like adjusting agri export prices and import duties will benefit producers. But consistent, well-thought interventions remain crucial for market development and price stability