 "space")
An interesting and lively debate has ensued on India’s inflation targeting after this year’s Economic Survey in July suggested that the framework should consider targeting inflation excluding food. In this regard our lead editorial notes that any shift in the target will need to be backed by analytical evidence showing India will be better off with the RBI targeting core inflation or any other indicator. It is also possible that an optimal core-inflation target or just inflation without food may not be 4 per cent. Read here
In other views
Startups are gaining from Isro’s mentorship and technology transfer, but significant risks remain in this space, writes Ajai Shukla. Read here
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 "civil service")
 "High immigration and demographic change are huge concerns globally. Political correctness should not prevent us from discussing them")
 "There is a general agreement in India, almost a consensus, that the country needs to undertake greater research & development (R&D) to progress faster and more effectively. While this is the objective, most also agree that India's expenditure on R&D")
 "chart")
 "As candidate selection for the Haryana Assembly elections gathers pace — the state goes to the polls on October 1 and nominations close on September 12 — some trends are interesting.")
Banks do compete for term deposits. A question, therefore, needs to be asked is why major banks do not compete for savings bank deposits. Are major banks in cahoots for not changing their savings deposit interest rates, irrespective of the monetary policy cycles of the RBI, notes Janak Raj Read here
 "Pressure on net interest margin (NIM) may soon force commercial banks to align loan growth more closely with deposit growth, stated the Reserve Bank of India's (RBI) latest State of the Economy Bulletin.")
 "Private space startups gain from Isro's support, but face significant risks")
 "The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has greenlit the development of 12 industrial smart cities across six major industrial corridors in 10 states, with an estimated investment of ₹28,602 crore.")
 "Inflation, Vegetables, Fruits, Budget 2024")
