It is tragic and ironic that less than a quarter of India’s prison population comprises those guilty of crimes. The majority are under-trial prisoners, sometimes arrested frivolously, and often denied bail for various reasons from poverty to inadequate legal representation to magistrates who don’t exercise the “bail not jail” norm
The variable repo rate auction is a simple tool that the RBI can use to douse the fire in short-term rates now before it begins to cause damage to productive credit deployment.
There is dour realisation today among Palestinians that the UN Partition Plan proposing two states of Palestine and Israel which was rejected was a better deal than what they are left with now. The hard truth from history is that there is no mercy for those whose homeland or nationalism projects failed
Sam Altman of OpenAI wants the government to regulate AI. He, better than anyone, knows that it is too late already
Not always and not often, but there are business advisors who lack the ethics and strike deals for personal gain. Here’s what entrepreneurs must be watchful about…
Wrangling about the debt ceiling is political grandstanding. While everyone expects a last minute settlement, it's worth remembering that a similar impasse in 2011 resulted in a ratings downgrade for the US and nervousness in the markets
Most of the schemes being proposed by the Congress will immediately enhance demand without addressing the issues related to the supply-side-this will be inflationary
There is no doubt that there remains a gap in the regulation of upcoming Web3 technologies, along with the metaverse. In such an environment, Indian courts will be expected to evolve regulation through judicial precedent in a gradual piecemeal manner, by applying existing legal principles
Robert E. Lucas Jr., who died this week, changed the way his profession measures the effects of economic policies.
Sanctioned producers are finding ways to get their crude to market.
Heat pumps are the new plastics, but competition from Asia threatens to erode profit margins.
In today’s edition of Moneycontrol Pro Panorama: Electronic manufacturing needs government boost, new challenges for Tata Motors, steep rise in luxury home sales, no place for 'third fronts' in state politics, and more
The BJP central leadership has promoted many junior leaders but none have succeeded in matching former CM Vasundhara Raje’s connect with the masses. With Karnataka revealing the limits of the Modi factor and the importance of regional satraps, Raje, out of favour since 2018, may regain pole position
Builders promised near-certainty of delivering the project on time and quality lifestyle experience, and for this, they charged a steep premium. Unfortunately for home buyers, many of the top developers could not meet the expectations they themselves had raised
Besides emphasis on upgrading physical and digital infrastructure, a financial intermediary that performs working capital management for buyers and suppliers and smoothes their cash flow problems will complete the National Logistics Policy and help the logistics sector expand faster
If the US were less divided, the debt ceiling would not matter. In today’s divided US, it does
For investors, these mark-downs are paper losses, not actual ones, and are representative of the current market environment, including public markets, much like their public market portfolio would reflect lower mark-to-market
The marginalisation of Karnataka’s third force JD(S) is indicative of increasing bipolarity in state politics. In most states, vote shares of the party that finished third show them trailing the winner and runner-up by a huge margin
The luxury home buying rush has more to do with the Modi Government’s proposal to cap the deduction on capital gains on investments in residential houses to Rs 10 crore than anything else
One constant in an economy that has continuously surprised in the last three years is that betting against American consumers has been a losing proposition. Perhaps, there's more surprisingly strong economic data to come.
Like sulphur and ammonia — which are abundant and cheap, the existing hydrogen trade that consumes nearly 100 million tonnes a year is going to be used close to the place it was produced. So no country will dominate the trade
As vehicle production normalises, new product excitement wanes and competition hots up from the big daddies in the luxury car market, realisations may moderate
Financial advisors and fininfluencers can breathe easy. ChatGPT isn’t about to steal their jobs. Generative AI tools make elementary errors in retirement fund calculations and come up with absurd numbers. AI will require more iterations to be able to work without human oversight, at least in personal finance
While any new law is strengthened by arbitrations, having an abysmal track record on the speed of resolution even after seven years should not be taken lightly.
India has made a good start in electronics manufacturing (and exports) but unless the union government works closely together with state governments – some of which are administered by political parties sharply in opposition with the BJP-led union government – India could well remain an also-ran in the electronics manufacturing race