Tamil Nadu governor Ravi should have consulted the Attorney General prior to his decision, not after
The list of 30 critical minerals should act as a guiding framework for policy formulation, strategic planning, and investment decisions in the mining sector
$1 million of subsidies per giga-factory job says a lot about where the most urgent manufacturing shortage lies
Nestle’s decision to emphasise true emissions reductions rather than offsets offers a lesson for other companies
PM Modi has set up a five-pillar strategy for BJP to focus its messaging. The emphasis is on tapping votes of five different and overlapping constituencies. While some elements of the strategy could become clearer in the months ahead, the push for the Uniform Civil Code has already begun
A selection of economy, business and finance articles and social media gems curated by our research and opinion teams
In today’s edition of Moneycontrol Pro Panorama: Indian rice exporters left in a lurch, quick action needed to tackle flood damage to economy, real urban wages decline reflects inflation impact, EV sector among bright spots for investments, and more
Those in the West who insist that Putin was caught off guard by the uprising ignore the entire sequence of events on the Bakhmut front since May. When the rebellion broke out, Putin was fully prepared for it.
Risks such as scandals around the treatment of migrants can destabilise businesses
Personal laws that entrap citizens in religious heterodoxy have no place in a modern society governed by constitutional rights and the rule of law. The right to a dignified life should be extended to each citizen irrespective of her religion or gender. Pursue extensive debate and discussion to enact Uniform Civil Code
Washington and Brussels need to emphasise open and fair dealing in their developing-world rivalry with Beijing
Increased provisioning for bad loans, which could come about, both from the new expected loss-based regulations or from increased NPAs, could dent profitability and CRAR ratios in future
Builders are benefiting from an unusual confluence of factors: Homeowners, locked into historically cheap loans, have been reluctant sellers, squeezing re-sale inventory and pushing buyers toward new constructions. This will extend the surprising strength in the US economy, as renewed building activity starts to flow into GDP data
Floods in general which cause serious economic damage are themselves the result of rapid unplanned economic growth which has taken place in tandem with a rising population
Another decades-long conservative goal has been met. Chief Justice Roberts wrote that the goals of diversity were too diffuse and nonspecific to be measured; that since admissions are zero-sum, giving help to students of some races necessarily hurts those of others; and that there was no end in sight to programmes that the SC warned 20 years ago needed an eventual sunset.
Indian software services firms must build language models from scratch for themselves and their customers. Yes, it takes computational power and engineering talent to train neural network-based programmes on vast amounts of natural-language inputs. But to not go down that route is unnecessarily timid, given how businesses fear data integrity and privacy issues with publicly available models
The abandoned US-Iran nuclear deal has left Indian rice exporters gasping for working capital, as their dues from Iran are mounting
Higher pay for PSU bankers would not only recognise their efforts but also motivate them to excel in risk management
India’s ties with Iran are key to its long-term trade interests, offering not just markets that had hitherto been limited by geography but significant trade influence outside its traditional ambit
Off-market transactions are permitted but come with strict requirements and as a recent Sebi case shows, non-compliance attracts severe penalties
But cutting back on middle management to save costs can have serious long-term impact on the bottomline
Two charts in the RBI's Financial Stability Report show how real wages have fared since 2018
Are the improving growth prospects in India already priced in by the markets, given that they are now at all-time highs?
Charging infrastructure-related startups have raised approximately $54 million so far in 2023 - double the amount raised in the immediate previous half-year
As of March end, unsecured retail SMA loans were 6.9 percent of the total portfolio. In case of trouble, banks cannot recover money from unsecured loans due to lack of collateral