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Opinion / The Economic Times

Labour's love gained

India has introduced four new labor codes to simplify compliance and modernize its labor laws. These reforms aim to align the country's labor ecosystem with global standards and the needs of a modern economy. The changes include single registrations and licenses, and a consolidated return filing system. Fixed-term employment and flexibility in working hours are also introduced.

23 Nov 2025 10:57 pm
India needs a new accounting system beyond GDP capturing AI's impact to ensure fair growth

India's AI revolution is outpacing its traditional economic metrics, which fail to capture the impact of digital services and informal sector shifts. To truly understand and guide its AI future, the nation must develop new accounting methods that value intangible assets like digital literacy, human capital, and environmental sustainability alongside output.

23 Nov 2025 10:42 pm
Next time you're in Dubai, skip the malls, hit the seafront, and seafood

From fresh oysters at Souk Al Bahar in Dubai to vibrant displays at Deira Waterfront Market, the city's honest palate reflects global bounty. This journey celebrates the simple, sun-kissed flavors of the sea over opulent dining.

22 Nov 2025 11:31 pm
'ISTORY'S fair share of 'ISTRIONICS

From Hegel and Marx to Fukuyama and Huntington, every boffin's tried to make heads or tails of H to no avail

22 Nov 2025 11:07 pm
Enough of that 'Jai Macaulay,Kalkattawali!'

The article reflects on Prime Minister Narendra Modis call to shed the mindset of slavery linked to Thomas Macaulays influence on India. The writer notes the irony of invoking a 19th-century colonial figure unfamiliar to most young Indians but agrees with the broader point about overcoming a long-standing sense of cultural inferiority.

22 Nov 2025 10:31 pm
Still under the influence?

Influencer marketing, once a wild frontier, is now a serious business. Brands are investing billions, but questions about results are growing. Creators are becoming media moguls, demanding professionalism and measurable outcomes. This shift brings complexity and a potential loss of authenticity. The industry faces a crucial moment, needing to adapt for future success.

21 Nov 2025 11:48 pm
How India-EU FTA could be a catalyst for green transition, amid trade chaos

The newly endorsed EUIndia Strategic Agenda has elevated the partnership between the worlds largest democracy and Europes economic powerhouse to a more ambitious level, especially on climate action and trade. With COP30 concluding and a renewed push for a Free Trade Agreement, both sides are seeking a stronger collaboration to decarbonise key heavy industriessteel, cement, and transportwhose emissions shape global climate trajectories.

21 Nov 2025 10:51 pm
100 bribery case highlights deep fault lines in Indias justice system

Indias justice system is under strain as delays, backlogs, and questions over judicial integrity erode public trust. A recent example is an 86-year-old former transport employee in Chhattisgarh who was acquitted of a 100 bribery charge after fighting the case for nearly four decades. Such prolonged pendency now exceeding 5 crore cases nationwide has turned litigation itself into punishment, affecting livelihoods and liberty.

21 Nov 2025 10:48 pm
GST cuts don't always cut prices. Here's why

Lower GST rates don't necessarily translate to cheaper prices for consumers. This discrepancy arises from the complexity of tax processes related to raw materials and services. If businesses can offset reduced input taxes against output taxes, it might actually lead to increased costs overall. As a result, customers may not enjoy the anticipated price drops for specific goods and services.

20 Nov 2025 11:00 pm
Facing a Republican rebellion, Trumpus Maximus has caved by signing the Epstein files' release

Donald Trump has taken a bold step by signing the Epstein Files Transparency Act, a directive mandating the Justice Department to unveil documents tied to the Epstein investigation. This action follows a decisive congressional vote and increasing demands for accountability, showcasing a turning point as Trump's popularity wanes and dissent simmers within the GOP.

20 Nov 2025 10:52 pm
Mumbai & Cape Town: A hopeful tale of two coastal cities

Mumbai and Cape Town, two major coastal cities, are facing rising climate risks and are pursuing long-term plans to strengthen resilience. Mumbai, which experiences frequent flooding and is highly exposed to rising sea levels, aims to be carbon neutral by 2050.

20 Nov 2025 10:47 pm
Why Arattai isn't a WhatsApp: Truth about Indias 'Swadeshi' apps and network effect no one talks about

Indian digital apps struggle against global giants like WhatsApp and Instagram. The article suggests restricting foreign apps for 5-7 years to allow Indian services to grow. This approach mirrors successes in China and Russia. Alternatively, data localization could lead to Indian subsidiaries. Tech sovereignty requires bold steps to protect Indian interests.

19 Nov 2025 10:58 pm
Why are veggie price fluctuations largely absent in the developed world?

The market for vegetables in India, especially onions and tomatoes, is characterized by harsh fluctuations that stem from a lack of global sourcing and effective food processing. Unlike their developed counterparts, who utilize stable international supply networks for consistent produce availability, Indian consumers and farmers are at the mercy of seasonal harvests and underdeveloped processing facilities.

19 Nov 2025 10:44 pm
India's 'approvals economy': Why businesses need fewer permissions and more trust

Indias shift to e-files has improved efficiency, but a deep-rooted approvals economy still slows business. Experts call for self-certification, fewer clearances, and a trust-based model to spur growth.

19 Nov 2025 10:44 pm
Gas pricing, pipeline to a free market

India's gas pricing is undergoing significant reform. A committee has recommended freeing up prices for certain gas fields and removing ceilings. This move aims to align domestic prices with global markets and encourage investment. The changes are expected to benefit consumers and producers alike. The government is moving towards a more market-driven approach for gas.

18 Nov 2025 11:11 pm
Shielding banks with the antiquated 'statutory liquidity ratio' only breeds complacency, abolish it

In light of India's ambitious growth targets, there is a compelling appeal for RBI Governor Sanjay Malhotra to rethink the relevance of the Statutory Liquidity Ratio (SLR). This antiquated rule compels financial institutions to allocate a significant portion of their resources to government debt, limiting their ability to invest in entrepreneurial ventures and other productive domains.

18 Nov 2025 11:06 pm