Will chief compliance officers check misgovernance in banks?
One thing which the RBI could have paid more attention to is the tenure of appointment of a CCO. Compliance cultures need longer time periods, especially in the initial years. Ideally, the RBI should have specified the tenure length of any number above five years
PF assets need to be managed better
EPFO must revisit investment strategy so that the corpus can generate steady long-term returns for subscribers
The challenges of holding a Parliament session now
Adhering to COVID-19 protocols would mean that the Parliament session will have many firsts. The Lok Sabha and the Rajya Sabha will sit on alternate days so that members can maintain physical distancing by being spread over both chambers. Even the visitor galleries will be occupied by the MPs
COVID-19 has reiterated the importance of India Post
If the humble postal service is serving the larger goal of sustaining democracy in the US, in India, where it works as a bank, pension fund, primary savings instrument and delivery service, it is doing the job of literally saving lives
The Reading List: September 11, 2020
As the week draws to a close, here’s the weekly list of insightful articles you should not miss
Surging euro presents ECB with a dilemma
A strong euro means Europe’s products become more expensive for customers who pay in other currencies, putting them at a disadvantage against foreign rivals
Hopes dim for more stimulus as Democrats block narrow GOP plan
A failure to compromise would leave millions of jobless Americans in potentially dire straits as they exhaust traditional jobless benefits
Loan Moratorium | Don’t sideline the RBI
Interest waiver and loan moratorium started as an RBI scheme — and not as a government scheme to provide relief to borrowers. Ironically, now the RBI is a mute spectator
What a survey of consumers reveals about their behaviour post-COVID
How COVID is affecting the way consumers think about spending can affect the future performance of companies that depend on them
US Elections Tracker: What do the markets want?
While markets seem to favour a blue wave, they also want a fiscal stimulus package as soon as possible
US Elections | Stage set for class wars in the United States
The ‘radical’ pulls within both the Republican and Democratic parties are amplifying the realities between the two Americas: one where more than 40 million live on food stamps and the other comprising the nation’s wealthiest one percent
Elections | How a weak JDU and RJD could change the Bihar’s electoral landscape
If there is a possibility of a leadership change in Bihar, there is also hope that the results of the upcoming election could sow the seeds for a more transformative politics
Will doorstep banking make state-owned lenders more attractive for privatisation?
If this new service goes off well, then the quality of service public sector banks can offer will take a quantum jump
Avoid GST controversy at any cost
Instead of a unilateral stand, the Centre should help the GST Council reach a consensus on the vexed issue of compensation cess
Insights from HUL’s presentation to global investors
About 97 percent of HUL's products are gaining marketshare in volume terms compared to 86 percent two months earlier
Is there more steam left in the rupee rally?
A current account and balance of payments surplus could continue to support the rupee even if the RBI resumes buying dollars
In China and India, street vendors face similar urban challenges
Visible in both China and India is a dominant vision of urbanity that perpetuates sanitised order and pristineness, devoid of any informal or irregular spatial practices. Street vendors, like other low-wage migrant workers, continue to be ‘strangers in the city’ in both countries
The unintended consequence of SEBI rules is an increase in dabba trading
While regulators around the world are welcoming retail investors, SEBI is doing the opposite on the pretext of protecting them
GDP growth is a matter of perspective
For an optimist, the estimate of 9-10 percent contraction in GDP for the full year on the back of a 23.9 percent decline in Q1 means an improving trend in quarterly GDP growth data from Q2 to Q4 this fiscal, with perhaps positive growth in Q4
We don’t need to be atmanirbhar in everything
The nation and industry must make smart choices based on a clear vision of the India of the future.
Ethanol and India’s quest for a low-carbon future
India must keep its sights trained on a future where mobility will have a healthy and sustainable mix of EVs, hybrids, and biofuel-based vehicles
Federal report warns of financial havoc from climate change
In calling for climate-driven policy changes, the report’s authors likened the financial risk of global warming to the threat posed by the coronavirus today
The Fed enabled a record expansion. Trump is taking credit
Trump’s story line about his economic track record, particularly what he showcased during his Republican National Convention speech last month, leaves out a crucial detail
ITC: Untangling the valuation knots
Shareholders want ITC to restructure its businesses to unlock value but will that be good for the company as well?
Oil in trouble on multiple fronts
High supply, low demand from the biggest consumers and prolonged slump in aviation will affect prices
