Page 9 - Business Standard Editorial Comment
Weaponising morality: New Bill threatens to upend legal principles
The 130th Constitutional Amendment Bill inverts legal principles
 "Weaponising morality: New Bill threatens to upend legal principles")
Tariff trials: India needs to diversify markets, increase competitiveness
Since the US accounts for nearly one-fifth of India's exports, the consequences for exporters are severe
 "Tariff trials: India needs to diversify markets, increase competitiveness")
Food for Gaza: India has a role to play as a compassionate power
By the IPC's estimates, half a million people, or a quarter of the Palestinian population in Gaza, is suffering from famine
 "Food for Gaza: India has a role to play as a compassionate power")
A reasonable request: RBI should allow Indian banks to finance M&As
Restrictions on bank finance for M&As have had some perverse and unintended consequences.
 "A reasonable request: RBI should allow Indian banks to finance M&As")
Dangerous provisions: Stop misuse of sedition, defamation against media
The only remedy to this sort of overreach by those who should know better lies through court action and legal reform
 "Dangerous provisions: Stop misuse of sedition, defamation against media")
Maverick diplomacy: The US ambassador's appointment is problematic
Though Mr Gor has not been known to articulate views on trade, he is unlikely to deviate from Mr Trump's position once he shifts into the Roosevelt House
 "Maverick diplomacy: The US ambassador's appointment is problematic")
Policy models will need to evolve as OpenAI, others make their India play
OpenAI Chief Executive Officer Sam Altman has argued that this is, in some sense, a test launch into its second-largest market, and it will roll out similar plans worldwide
 "Policy models will need to evolve as OpenAI, others make their India play")
The RBI's monetary policy framework has worked well, change not required
The trend-inflation rate has hovered close to the target, except mostly in times of excess volatility, and the credibility of the central bank has visibly strengthened
 "The RBI's monetary policy framework has worked well, change not required")
Nuclear energy can help power India's economic growth, private push welcome
For decades, state control was justified by concerns over radiation safety, misuse of nuclear material, and strategic security
 "Nuclear energy can help power India's economic growth, private push welcome")
Govt must bite the bullet on land reforms to ease manufacturing growth
How to make land available quickly and cheaply for development, without alienating landowners or eroding their rights, remains a point of contention
 "Govt must bite the bullet on land reforms to ease manufacturing growth")
Black box to sandbox: Framework needed for safe AI adoption in finance
The Monetary Authority of Singapore (MAS) introduced "FEAT" (fairness, ethics, accountability, and transparency) principles in 2018
 "Black box to sandbox: Framework needed for safe AI adoption in finance")
Govt should have considered forward-looking options for money games
Predictably, the move has sent the online gaming industry into a tizzy. As reports suggest, there are thousands of high-skill jobs at stake
 "Govt should have considered forward-looking options for money games")
India can tango with China, but must watch its step with cold realism
The Chinese minister was expansive about deepening ties, declaring that the setbacks they faced in the past few years were not in China's interests
 "India can tango with China, but must watch its step with cold realism")
India must reduce average tariffs, and also keep engaging with the US
It has been argued that the American consumer buys Indian goods and India uses the dollars it gets to buy discounted Russian crude oil, which is refined and sold across the world
 "India must reduce average tariffs, and also keep engaging with the US")
Justice delayed: Fast-track special courts still aren't fast enough
Many existing courts struggle with severe staffing shortages, procedural inefficiencies, and inadequate infrastructure
 "Justice delayed: Fast-track special courts still aren't fast enough")
Powering farms: Scaling up PM-KUSUM is smart climate and energy strategy
With about ₹34,000 crore earmarked, the scheme envisages the setting up of 1.4 million standalone solar agricultural pumps and the solarisation of 3.5 million grid-connected agriculture pumps
 "Powering farms: Scaling up PM-KUSUM is smart climate and energy strategy")
Alaskan encounter: Only Russian President Putin gained from the meeting
At most, it offers more compelling evidence of the US's abdication of its role as a principled interlocutor in global conflicts
 "Alaskan encounter: Only Russian President Putin gained from the meeting")
Reforms for growth: Independence Day announcements can go a long way
Among biggest announcements was the formation of a task force for next-generation reforms, which would evaluate all laws, rules, and procedures related to economic activities in a time-bound manner
 "Reforms for growth: Independence Day announcements can go a long way")
Not just 'friendly critics': Independent directors need more accountability
This era of the sinecure may be changing, however, with Sebi and the courts increasingly holding independent directors liable for corporate malfeasance
 "Not just 'friendly critics': Independent directors need more accountability")
Independence Day resolve: India must work to strengthen its institutions
What India achieves in the coming years and decades will depend a lot on how its politics and governance evolve
 "Independence Day resolve: India must work to strengthen its institutions")
