Early resolution is the foundation of a successful insolvency process. SC set a benchmark in the Jet issue by signalling that “timely liquidation” is better than a resolution process with no end in sight. The judgement also showed that institutional weaknesses are limiting the potential benefits of IBC
Trump’s re-election and absence of heavyweight world leaders at the Baku climate summit do not hold out hope for concrete action
Much attention has been paid to Fed chair Jerome Powell’s remark that he wouldn’t resign even if Trump wants him to. But if a research paper from the Institute of New Economic Thinking is right, he need have no fears on that score. On the contrary, the President-elect should give him a medal because the Fed had, through its misguided policies, helped create the economic conditions for the Trump victory
Picking the right person to head the capital market regulator can’t follow a conventional process of inviting applications. The relevant selection committee needs to be empowered to search for the right candidate and not limit itself to applicants. SEBI’s functional autonomy is non-negotiable. The chief, however, should report to a parliamentary committee to ensure accountability
SBI numbers suggest an overall improvement in performance, rebalancing of loan growth from retail to corporate/SME and improvement in asset quality
Trump's tough stand on immigration and Make in America proved to be a top draw with voters
A look at some articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams for your weekend read
She has been absent from the campaign for the seven Rajasthan assembly by-elections. Her reluctance to campaign across the state during the Lok Sabha polls undermined the BJP’s performance but highlighted her importance. At loggerheads with both state and national leaders, her best and possibly last chance for a comeback is if the BJP fares poorly in the by-elections.
Jay Powell sets some limits
It’s time RBI calls out the rates charged by banks on credit cards as usurious. Singapore is a step ahead on this. Timely action is critical because the repercussions of increasing delinquencies among middle class borrowers can be far more scathing than what’s playing out in the low income category. The latter somehow or other gets support from the government. The middle class is left on its own
One of the most consequential heads of the Supreme Court, he leaves behind a mixed legacy. It includes dissents that may in future serve as guideposts, judgements that expanded the scope of fundamental rights and also verdicts which evoked sharp criticism
Under the Trump administration, if the U.S. were to roll out a transparent, safe, and reliable regulatory approach, it could catalyse a new era for cryptocurrencies worldwide
India is the odd member out as it doesn’t seek a military alliance and wants to keep options open. Trump 1.0 gave Quad momentum and by the time India hosts the leaders’ summit in 2025, President Trump may question the hard security dividend US is getting out of its investment in Quad
Investors often seek a theme that can play an outsized role in a country’s economic growth. India has three in contention, with a confluence of factors making a strong case in their favour. The key question is one outweighs the others
Domestic collections as a percentage of the total rose from 73 percent in FY2018 to about 76 percent in YTD FY2025
The rural demand slowdown has handed over the baton to urban demand. While rural has picked up, the hole left by missing middle class demand, unless it revives soon, is too big to ignore
The company's performance is recovering, with an improved guidance lending confidence. Still, it's not business as usual, a crucial acquisition must deliver results soon and a new CEO is waiting in the wings
India’s carbon credit market, bolstered by recent regulatory changes, faces challenges in balancing supply and demand, ensuring compliance, and integrating with global markets. Clear guidelines for the voluntary market, effective monitoring, and regulatory stability are crucial for the system’s success and long-term impact
The author argues that these regulations need to be examined, with a proper assessment of the consistency of the standards they mandate, including any potential ambiguities
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off again
Donald Trump’s win shows party’s agenda failed to connect with voters, say critics
The Supreme Court's recent ruling clarifies GST credit eligibility for construction expenses. It emphasises the twin conditions of property leasing or selling before completion and qualifying as plant or machinery. The decision benefits taxpayers in commercial leasing, though the applicability of the functionality test requires careful consideration.
Donald Trump’s bonhomie with Narendra Modi is a big plus to strengthen the relationship between Washington and New Delhi
It would be interesting to see if Trump goes to bat for Musk’s many businesses – from X to Tesla to SpaceX and others and pushes for concessions from the Indian government for his Silicon Valley billionaire friend
Trump faces a world where the risks are far higher than during his first term in office, and his actions could be far more consequential