Page 3 - Opinion

India's IBC gives lenders too much power, sidelines operational creditors

A basic principle of game theory separates the power to divide a pie from the power to choose a slice. The IBC collapses the two

Banning Telegram will not fix the deeper flaws in India's exam governance

By invoking Section 69A of the Information Technology Act, 2000, now to block Telegram, the government has marshalled heavy legal machinery

Best of BS Opinion: Why India must confront deeper economic risks

Today's opinions explore India's external vulnerabilities, the concentration of global capital in US technology, energy reforms, disclosure norms, and a nuanced portrait of Kashmir through the Chenab

AI strengthens, not weakens, the case for quarterly reporting of results

As AI lowers reporting costs, the SEC's proposal to allow semi-annual disclosures sparks debate over transparency, accountability and investor protection

India must use West Asia respite to pursue overdue policy reforms

An end to the West Asia conflict augurs well for India, but it should not lull the government into policy inaction

Why India's employment question now turns on permanence and retention

India needs nearly 7.85 million non-farm jobs annually; the PM Viksit Bharat Rozgar Yojana seeks to boost formal employment through incentives and retention

Soaking up capital: US stock markets may create new forms of risks

SpaceX's record IPO highlights how global capital is gravitating towards US tech giants, raising concerns over funding, innovation and market depth elsewhere

Turning the tide: India must address fundamental gaps in external account

Easing West Asia tensions may stabilise India's external accounts, but policymakers must focus on boosting FDI, exports and long-term capital inflows

Best of BS Opinion: Hope is not a strategy, capacity is

From geopolitics and women's empowerment to manufacturing, the rupee and technology, lasting progress depends less on hope and more on building capacity

Hope versus experience: Optimism over US-Iran deal should be cautious

The US will not impose new sanctions and lift existing sanctions in accordance with an agreed timetable and release $25 billion of Iran's frozen assets

The rupee's problem runs deeper than West Asia war and oil price surge

While foreign firms have been reluctant to invest in India, Indian firms have been expanding their investment abroad

Focus of manufacturing policy should be on new startups and tech growth

Perhaps the most important development challenge India faces at present is the revival of manufacturing growth and a greater prospect of achieving the 25 per cent target, articulated first in 2012 and

Improving economic inclusion: Access should enable empowerment of women

A larger number of women are participating in economic activities, but the quality of employment remains a concern

A new era of 'free' deposit rates begins with RBI's LCR-based window

The Reserve Bank of India recently opened a window allowing banks differential interest rates on deposits, based on their LCR runoffs

Best of BS Opinion: When access becomes power

From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways

Echoes of 1990-91? Energy shock revives concerns over economic stability

Let us hope that 2026-27 will remind us of 1991-92, when economic policy shifted from increased foreign and domestic borrowing to implementing serious policy reforms

The rise and rise of smallcaps: Strong earnings, robust demand

The dominance of India's largest companies too is gradually eroding

The upskilling imperative: TCS' plan on AI agents must spur a new approach

IT majors, including TCS, recently experienced erosion in stock-market valuation mainly due to investor anxiety over AI threats as well as geopolitical factors

AI with borders: US' Anthropic curbs should compel a rethink for India

There has been talk of moving to a decentralised AI development model, where no single government has the powers to revoke access

12 years of NDA: A mixed record in foreign trade, tariffs and FTAs

While services exports have expanded sharply over the past decade, India's share of global merchandise exports has remained largely unchanged despite multiple trade policy reforms