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Opinions & Blogs / Livemint

India Inc has exciting opportunities to tap in its Viksit Bharat journey

The country has laid a firm foundation for growth through infrastructure development, a manufacturing push and the easing of business. Now, boosting research, judicial capacity and workforce diversity could pave our path to prosperity.

5 May 2024 4:00 pm
Manu Joseph: How do noble proposals like an inheritance tax arise?

They usually emerge from a class struggle between the top two slabs of a countrys pyramid.

5 May 2024 3:00 pm
America is not yet declining but appears willing to let itself down

Concerns of US declinism have been around for long but its time to worry now. Its political resilience, university excellence and openness to immigration are all under threat.

5 May 2024 2:00 pm
Europe hopes barbed wire will keep migrants out. It wont

Politicians feel compelled to respond to voters concerns

4 May 2024 6:04 pm
Evolution of leadership: Embracing unvanguard principles in the modern world

The timeless concept of leadership has been adapting to contemporary demands, fostering collaboration, innovation, and purpose-driven cultures

4 May 2024 3:49 pm
The elegant Godrej split: A blueprint for India Inc?

The Godrej reorganization is marked by elegance and could serve as a model for others. Indian business groups should also examine models used in the West and East for ways to ensure that ambitions of gaining size and going global are not compromised in the process.

4 May 2024 8:00 am
Rivers older than the flow of blood in our veins

These sustainers of life and cradles of civilization are suffering from both climate change and human neglect. They predate the evolution of our species by millions of years and we must awaken to the rights and protection they deserve.

3 May 2024 4:00 pm
Generative AI: Five ways companies in India can fully exploit its potential

CEOs are racing to leverage technology for gaining a competitive edge, but they need to broaden application of generative AI to more strategic goals in order to build resilience and open new pathways of growth.

3 May 2024 1:30 pm
Bidens take on Indias economy is both bizarre and bothersome

On the campaign trail, the US President said xenophobia was responsible for stalling economic growth in India, China and Japan. His comment is puzzling, especially in India, which has the worlds fastest-growing major economy and prides itself on inclusivity.

3 May 2024 10:00 am
The Go First case: India's insolvency court needs an understanding of aviation

The prolonged delay in Go Firsts insolvency case hasnt helped Indias campaign of ease of doing business in the country

3 May 2024 9:30 am
The Godrej split: Brand sharing holds the key

The familys asset division plan has done well to minimize scope for a wrangle over a brand prized for elasticity across markets. Like a Mbius strip, the brand can be splitbut not apart.

3 May 2024 8:30 am
Biden is off the mark on xenophobia

US President Joe Biden clubbed India with China, Russia and Japan as countries he claimed were too xenophobic for their own good. Such statements lose him credibility, especially when Americas own vaunted openness seems in such bad shape.

3 May 2024 8:00 am
Is hiring just to meet diversity quotas an unfair approach?

Quick-fix recruitment at the base level doesnt always help overcome biases. Nor does it solve a problem of diversity attrition higher up the hierarchy. DEI needs to be a strategic mission.

2 May 2024 4:00 pm
Self-driving Teslas cant sneak around the US-China silicon curtain

Elon Musks visit to China got Tesla a deal with Baidu, but will it help? The EV race in Asia this year will be won by the cheapest hardware, not the most cutting-edge software.

2 May 2024 2:30 pm
Trying to predict what the Indian voter will choose: A weathervane job?

Indias anti-defection law made elections about picking political parties more than individual candidates, which in turn has meant which way the electoral hawa or wind blows can make a significant difference to outcomes.

2 May 2024 1:00 pm
Many lives could be saved by making organ donation our default option

A law that makes everyone opt for organ donation unless one chooses to opt out would serve a humanitarian cause by boosting supply. It would also do our economy a good turn.

2 May 2024 11:30 am
Economic redistribution: Whos afraid of progressive taxes?

Theyre needed to fund essential public services and foster a society with equal opportunity for all. Inheritance and wealth taxes may be inefficient, but lets properly ensure other direct levies raise more revenue from the rich than others.

2 May 2024 10:00 am
The KYC disruption: Investors deserve better than this

Its unfortunate that so many investor accounts have been put on hold for identity data gaps. Yes, compliance matters. But companies and mutual funds couldve put in much more effort to help out

2 May 2024 8:30 am
AI frontier: Can India leap ahead?

Microsoft will invest $1.7 billion in Indonesia as part of its grand AI plan. Indian IT service firms must keep pace with the AI trajectory. Lets combine local talent with openness to other models.

2 May 2024 8:00 am
Why do some innovative ideas never see the light of day? Status quo bias.

Many of us hold onto outdated and ineffective ideas because of this behavioural trait. The human brain does not like to change. But innovation can be nurtured only by being open to ideas.

1 May 2024 4:00 pm
Indian banks are slipping on a banana peel of tech adoption

Rapid progress in digital banking has exposed the system to risks. Drastic supervisory steps may be necessary, but they will not be enough. RBI must update its understanding of cybersecurity.

1 May 2024 2:30 pm
What will the rising mercury this summer do to Indian inflation?

Its not a bright picture for prices. Indias balance of food-supply likelihoods has raised the question of whether fiscal 2024-25 will see monetary easing at all.

1 May 2024 1:00 pm
We are in a frantic race for post-industrial dominance

Industrial policy has reached epidemic levels globally. It is playing a role thats subject to the risk of resources being misallocated by policymakers.

1 May 2024 11:30 am
Elon Musk shows why India cant take China-plus-one narrative for granted

The worlds discomfort with China, Washington-Beijing geopolitical tensions, and trade and tech wars had begun to lull India into thinking that all is at last in place for our manufacturing sector to take off

1 May 2024 11:11 am
Public policy education could make a better country if done right

Engaging students and executives from various disciplines in tackling social challenges will bring forth talented problem-solvers. A wider and better understanding of our problems could improve policymaking.

1 May 2024 10:00 am
Loan recovery: Credit penetration must not turn into a nightmare

Wider loan supply is a vital economic pursuit in India, but app-driven lending is exposing people to coercive recovery tactics. The depravity these have sunk to gives credit a bad name.

1 May 2024 8:30 am
Deepfake distortion: Has Indian politics fallen prey to it?

While deepfake worries predate Indian elections, fresh concerns have been sparked by recent video clips of politicians. Can we expect people to be duly sceptical of what they see and hear online?

1 May 2024 8:00 am
Governance reform: Karthik Muralidharans treatise is refreshingly new

His book stands out for its analysis of the country and the solutions it offers us, but underplays the role of technology.

30 Apr 2024 4:00 pm
Political risk insurance:Expand its coverage to help Indian businesses go global

Outbound FDI is crucial for Indian firms to expand globally but coverage gaps in what local insurers offer must be plugged. The market sorely misses policies that make dollar payouts.

30 Apr 2024 1:30 pm
Climate nudge: Let behavioural economics solve the planets crisis

A novel approach based on the SCs climate ruling combined with a key insight from Thalers observations of human behaviour could deliver results. Start with the right to a clean environment and think incentives all the way through.

30 Apr 2024 11:30 am
AI hogs energy and its regulation must take its climate impact into account

Whats costly neednt be worthy. We must weigh the costs and benefits of AI deployment. The rules need to recognize the high cost of its applicationin terms of investments, climate effects and other environmental factors.

30 Apr 2024 10:00 am
Making sense of equity markets is a challenge: Look at RBIs attempt

A recent RBI working paper is a welcome addition to the literature on this subject even if it doesnt explain markets to our satisfaction. Its not an easy taskas a review of Nobel wins can testify. Recall the theory-driven LTCMs collapse?

29 Apr 2024 11:57 pm
CEOs exit: Another bump in Ola's ride?

IPO-bound Ola Cabs saw its chief Hemant Bakshi resign after barely four months in the post. Whats up? Going-electric jitters? Its path will be under watch.

29 Apr 2024 11:56 pm
The US ban on non-compete clauses is good for labour market dynamism

If it should be easy for employers to fire workers, then it should also be easy for employees to quit. By allowing workers to move freely to roles where they are most valued, the FTC is fostering a competitive and fair labour market.

29 Apr 2024 4:00 pm
AI asymmetry: Can our IT service firms close their gap with GenAI rivals?

An information asymmetry needs to be fixedand fast. Enhancing the skills of employees through AI training could improve the capacity of Indian IT service companies to compete on a more equal footing.

29 Apr 2024 3:00 pm
Theres much ado about a decline in Indias household savings rate

It shouldn't worry us as the money is merely shifting to other assets and isn't as stark a phenomenon as some critics suggest. Here's what the numbers say.

29 Apr 2024 2:00 pm
India needs a reliable database to aim its welfare schemes better

We need a clear picture of India's have-nots. Without an up-to-date database that's accurate, governments will find it hard to reach households in need of state support.

29 Apr 2024 1:00 pm
Leadership pitfall: Diffused accountability is formula for organizational failure

Leaders must take responsibility for what happens on their watch instead of trying to pass the buck. The rule spans all kinds of organizations, from armed forces and administration to businesses.

29 Apr 2024 11:30 am
Allot or auction satellite telecom spectrum? Signal clarity, please.

The rationale of insisting on auctions, as the Supreme Court did in its 2G-case ruling, has weakened as technology and global norms have evolved. The 2G muddle was value destroying. Indian laws should offer clearer guidance to regulators.

29 Apr 2024 9:00 am
Indias political economy: Higher-for-longer policy rates pose a peculiar problem

Interest rates will probably stay higher for longer not just in the US, but here in India too. It could restrain a revival in private investment and constrain what the government can spend.

29 Apr 2024 8:30 am
University uproar: The US loses credibility on free speech

The police crackdown on protests against the Gaza War in American universities should leave us aghast. What happened to the US as a champion of freedom?

29 Apr 2024 8:00 am
Is Bihar casting its vote or voting back its castes?

The people of Bihar are undoubtedly politically sensitive, but they remain obstinate about voting on the basis of castes.

29 Apr 2024 7:00 am
Uni-buzz: Even Indian universities can boost local economies in student zones

India suffers from what we can call a sizable international student deficit. More public investment in developing world-class institutions of learning would attract students and boost local economies.

28 Apr 2024 5:30 pm
Rural Raj: Viksit panchayats offer us a pathway to Viksit Bharat

Every Indian citizen must have access to quality public services and government schemes and benefits. In the most remote of villages too. For a developed India by 2047, we must empower our rural institutions as an imperative.

28 Apr 2024 4:00 pm
Manu Joseph on life: It is beautiful, and without any magic

Our perception of a soul or even vulnerability to events beyond our control can be explained without magic.

28 Apr 2024 3:11 pm
Sundar Pichai has firmly put down an employee rebellion at Google

Google rejected employee protests against its cloud service contract with Israel, sacking a bunch of protestors too, a departure from its more liberal past. But then, Alphabet cant afford disruption over crucial defence-sector opportunities.

28 Apr 2024 2:00 pm
India is booming. But you still need international exposure

Theres a fair chance that the rupee will come out as a weaker currency over time. So, every rupee you own will buy you fewer goods and services in dollar terms. Conversely, every dollar will buy you more things in India. And this is why investing in the international market is a smart idea

27 Apr 2024 3:26 pm
Business buzzwords: Do executives need to outgrow them?

A fixation with trending topics like AI is discernible among CXOs. Boys with toys spring to mind. For India Incs leadership, its crucial not to let the prevailing buzz detract attention from substantive issues.

26 Apr 2024 4:15 pm
We must ensure ethical use of carbon credits

Indian corporates have led the way in ensuring transparent emission disclosures, but we need to also put in place guardrails that prevent misuse of carbon credits.

26 Apr 2024 3:17 pm
Why India loves to hate inheritance tax and estate dutywrongly

Opposition to the inheritance tax defies political and economic logic. It can only be justified on grounds of difficulty of collection and administration.

26 Apr 2024 1:41 pm