BUSINESS
How media can use GAI and ChatGPT to its advantage
If effectively used, GAI or its tools such as ChatGPT can help address the content problem of the media industry with respect to cost, quality and speed. It can also help in improving user engagement by curating customised content
BUSINESS
Lighten the burden of indirect tax for the poorer Indian households
However, reducing GST rates for commodities used by the poor to lower their tax burden and/or raising rates on items consumed by affluent households will increase the relative gap between the lowest and highest rates. That will induce misinvoicing and aid corruption
BUSINESS
Do the export curbs really help in containing food inflation?
Export curbs work neither in the short run nor in the long run even if one ignores their adverse implications for foreign buyers who depend on India to supply essential food items such as wheat or rice
BUSINESS
Budget 2023: Demand-side measures required to boost growth
The focus of Budget 2023 should be on lowering personal income taxes and bringing measures to help sectors that have forward and backward linkages, as also those with the potential to create more jobs
BUSINESS
Supply-side measures have limitations in boosting capex
Most measures are designed to benefit large corporate entities instead of smaller businesses which are more labour-intensive. This will slow the revival of demand in the economy
BUSINESS
How to boost India’s manufacturing sector
Greater focus on demand creation and a resolution to contradictory regulations are key to boosting manufacturing output when supply-side measures fail to deliver
BUSINESS
How to support Indian exports in a bleak global environment
India's share in global trade is less than 2% but it can be increased if the government helps lower the cost of inputs, signs beneficial trade agreements and the exchange rate is favourable
BUSINESS
How to curb the dumping of steel in India
Dumping by foreign manufacturers hurts domestic steel makers in the short term, but measures such as minimum import prices distort the market
BUSINESS
Why we need to stop worrying about a falling Indian Rupee
A weaker rupee will help bring in export promoting FDI when countries and corporations want to cut their China exposure, and are looking for alternative suppliers who can match China in pricing, and scale
