Page 12 - Bs Opinion
Best of BS Opinion: HDFC Bank must emphatically address all concerns
Hello and welcome to BS Opinion, a wrap of editorials and columns on today's Opinion page
 "Best of BS Opinion: HDFC Bank must emphatically address all concerns")
Talk tariffs, but understand ocean freight and its impact on trade costs
Tariff cuts alone cannot boost exports; India needs larger, predictable cargo volumes to reduce freight costs and attract direct shipping services
 "Talk tariffs, but understand ocean freight and its impact on trade costs")
RBI MPC meet: Amid inflation, growth concerns, rate hike can wait for now
Inflation will rise in the second half of the year. Growth, too, will falter. It's time to explore other options
 "RBI MPC meet: Amid inflation, growth concerns, rate hike can wait for now")
Improving health outcomes: Survey suggests the need for a holistic approach
NFHS-6 shows gains in child nutrition and healthcare access, but rising obesity and diabetes underscore the need for a more comprehensive public health strategy
 "Improving health outcomes: Survey suggests the need for a holistic approach")
Insurer must prove pre-existing ailment before denying insurance claim
The complainant pointed out that the insurer had produced no medical record to substantiate the claim that diabetes was pre-existing
 "Insurer must prove pre-existing ailment before denying insurance claim")
Governance questions: HDFC Bank must emphatically address all concerns
HDFC Bank must address governance concerns transparently after reports of irregular payments linked to bulk deposits, while the RBI should clarify its oversight role
 "Governance questions: HDFC Bank must emphatically address all concerns")
Mini crisis, self-inflicted: Policy missteps leave the rupee under pressure
India's forex stress reflects delayed reforms, weak capital inflows and a widening current-account deficit, underscoring the need to attract long-term investment
 "Mini crisis, self-inflicted: Policy missteps leave the rupee under pressure")
Reimagining microfinance: Current model works, but at a modest growth rate
India's microfinance model has reached its limits; sustainable growth now requires a shift towards meso-finance, stronger savings buffers, and less reliance on group lending.
New bad loan provision measures will tell banks apart under ECL regime
RBI's ECL regime will shift the focus from recognising bad loans to predicting them, making risk management a key differentiator for banks
 "New bad loan provision measures will tell banks apart under ECL regime")
Rubio's visit executes a good repair job for India and Asian Quad allies
The broad agenda of India-US cooperation has been reaffirmed, but emerging US-China bonhomie raises questions over the future of Quad
 "Rubio's visit executes a good repair job for India and Asian Quad allies")
Cockroach Janata Party: Indian youth turn political anger into viral satire
The CJP manifesto offers an unstructured opinion poll on what concerns young people most
 "Cockroach Janata Party: Indian youth turn political anger into viral satire")
Founder supremacy is eroding the discipline of corporate governance
It's not an accident that Apple's Steve Jobs, maybe the greatest of all high-tech founders and CEOs, had no need to shelter behind bespoke extra protections
 "Founder supremacy is eroding the discipline of corporate governance")
It's time for India to bite the bullet on fuel price liberalisation
There is no alternative but to give the correct pricing signal to the market and consumers. Appeals and calls for conservation won't work
 "It's time for India to bite the bullet on fuel price liberalisation")
Quad's pivot to Indo-Pacific geoeconomics faces a credibility test
Cooperation in areas like Open Radio Access Network (RAN), digital supply chain resilience, artificial intelligence, next-generation agriculture, and food security is also deepening its focus on geoec
 "Quad's pivot to Indo-Pacific geoeconomics faces a credibility test")
Measuring change: New IIP broadens scope of coverage, but needs better data
Advanced economies increasingly use dynamic industrial measurement systems, which regularly update weightings and production patterns
 "Measuring change: New IIP broadens scope of coverage, but needs better data")
India's investment slowdown is a fallout of deeper structural shifts
Taken together, the Indian economy requires some mechanism for stimulating private investment in the real economy
 "India's investment slowdown is a fallout of deeper structural shifts")
Deepening water stress across urban, rural centres calls for urgent reforms
Water availability must become a core criterion in selecting industrial sites, urban planning, and agricultural incentives
 "Deepening water stress across urban, rural centres calls for urgent reforms")
Rescue, recovery, and reform: IBC's first decade has changed credit culture
The most visible achievement of the IBC has been the market-led resolution of corporate distress
 "Rescue, recovery, and reform: IBC's first decade has changed credit culture")
Grand marketing strategies must give way to Consumer India's 'value logic'
Forget groupthink, grand marketing theories and macro numbers. This is the time to build strategies around consumers' own value logic
 "Grand marketing strategies must give way to Consumer India's 'value logic'")
Empowering panchayats: Hyperlocal representation alone will not help
Panchayats are expected to manage digital-governance platforms such as eGramSwaraj and Gram Manchitra, while simultaneously implementing schemes related to housing, water, sanitation, and employment
 "Empowering panchayats: Hyperlocal representation alone will not help")