Page 6 - Business Standard Editorial Comment
Credit on UPI can transform financial access for underserved borrowers
The experience of UPI offers valuable lessons on how Clou can evolve into a truly inclusive credit system
 "Credit on UPI can transform financial access for underserved borrowers")
US' unilateral moves have rendered global multilateralism toothless
As the US sidelines institutions like the IMF, UN, and WTO, the post-War global order faces its most serious crisis yet
 "US' unilateral moves have rendered global multilateralism toothless")
Listen to NITI Aayog: Boost trade competitiveness to strengthen economy
It is important for India to focus on expanding exports. External demand can be an important source of sustaining high growth, as demonstrated by several Asian countries in recent decades
 "Listen to NITI Aayog: Boost trade competitiveness to strengthen economy")
Cracking pollution: Green fireworks are not India's long-term solution
Burning crackers during the paroxysms of celebrations that erupt during Diwali and continue after the festival add significantly to the pungent particulate matter in the air
 "Cracking pollution: Green fireworks are not India's long-term solution")
Unhealthy practices: Regulatory vigilance on pharma needs a relook
Deaths from ingesting contaminated cough syrups in India have occurred with distressing frequency for decades
 "Unhealthy practices: Regulatory vigilance on pharma needs a relook")
Pulses push: New govt mission should help reduce import dependence
Past experience in India shows that production, higher minimum support prices, and procurement alone cannot solve the problem
 "Pulses push: New govt mission should help reduce import dependence")
Quarterly or bi-annual: Will reducing financial reporting frequency help?
Moving to a biannual reporting cycle will inevitably increase information asymmetry between management and shareholders, potentially leading to greater volatility in financial markets
 "Quarterly or bi-annual: Will reducing financial reporting frequency help?")
Rising and shining: Global uncertainty is pushing precious metal prices
One factor driving prices is currency-market volatility. A weaker USD, in particular, is often the trigger for bull runs - international prices of both metals are USD-denominated
 "Rising and shining: Global uncertainty is pushing precious metal prices")
To beat slow growth, India needs to create better-paying jobs at scale
The combination of slower productivity and a shrinking formal sector has substantially restrained wage growth, undermining both worker income and domestic demand
 "To beat slow growth, India needs to create better-paying jobs at scale")
DGCA's ranking reveals serious quality problems in India's pilot training
A granular look at the ranking criteria the DGCA has applied is concerning.
 "DGCA's ranking reveals serious quality problems in India's pilot training")
Practical pause: Regulatory interventions will help ease of doing business
On balance, the proposed regulatory intervention will improve the ease of doing business for banks without losing sight of banking and financial stability
 "Practical pause: Regulatory interventions will help ease of doing business")
RSS at 100: The next phase of its evolution should make it more open
Over the past hundred years, despite bans and a political climate that was not conducive to its survival, the RSS has continued to expand
 "RSS at 100: The next phase of its evolution should make it more open")
Trading carbon: An efficient market can enable India's green transition
Other than meeting India's climate objectives, the domestic carbon market has profound implications for the country's export competitiveness
 "Trading carbon: An efficient market can enable India's green transition")
Govt must do more on FTAs to help exporters benefit from trade deals
Tariffs on many imports from the Efta nations will be eliminated, and the duties on Indian exports to those countries were not very high anyway
 "Govt must do more on FTAs to help exporters benefit from trade deals")
One for the girls: Poor sex ratio underlines Delhi's social regression
Strengthening legal deterrents in this manner may be necessary to ensure that loopholes in the law banning sex-selection tests are closed
 "One for the girls: Poor sex ratio underlines Delhi's social regression")
Credit divide: Gaps exist in rural finance access despite progress
According to the Reserve Bank of India's Annual Report for 2024-25, there has been a significant increase in the number of banking outlets in rural areas over the past decade
 "Credit divide: Gaps exist in rural finance access despite progress")
Reforming tribunals: Rising vacancies at the top are hampering efficiency
According to legal think tank Daksh's State of Tribunals 2025 report, India's commercial tribunals face a backlog of 356,000 cases, worth ₹24.2 trillion (as of September)
 "Reforming tribunals: Rising vacancies at the top are hampering efficiency")
MPC should wait for more clarity on inflation before deciding on rate cuts
With GST cuts fuelling festive demand and growth holding strong, the RBI's MPC is likely to stay cautious on rate cuts as it weighs inflation risks and uncertain global trade headwinds
 "MPC should wait for more clarity on inflation before deciding on rate cuts")
Maritime ambitions: New policy can increase capacity substantially
Straddling major global shipping lanes in the Indian Ocean, India can serve as a hub for trade, logistics, and vessel maintenance
 "Maritime ambitions: New policy can increase capacity substantially")
Efficient administration: GST Appellate Tribunal needs close monitoring
The launch of the GST Appellate Tribunal marks a key reform in India's tax system, but its success will hinge on capacity, efficiency, and fair handling of disputes
 "Efficient administration: GST Appellate Tribunal needs close monitoring")
