A key factor for Marwaris remarkable economic prosperity lies in their informal institutional framework, which enable them to leverage trade credit effectively

Steep hike in penalties for fraud under the National Programme of Organic Products and blacklisting erring firms are the need of the hour

Direct tax base should be widened

RBIs priority sector lending guidelines have a key role to play in providing credit to small farmers, artisans and micro firms

Court reaffirms need for limited judicial intervention

Ceding ground on government procurement would impair the use of this instrument for boosting local economic capacity

Greenwashing guidelines good, but could be sharper

The Valley is on the threshold of a transformation in its polity and economy

Green risks. Disclosures relating to Scope 3 of the GHG Protocol are the most difficult to implement

The case of Samsung union recognition is in the court

Tech advancements have made it possible for satcom players to offer seamless broadband connectivity directly to the users smartphones, bypassing traditional cell towers

Seasoned pundits are reluctant to call the election; there are too many imponderables in a belligerent contest

The govt has identified critical ecosystem enablers and taken favourable policy decisions, but more needs to be done to cut production costs

While foreign funds may be buying Chinese equity for the short-term, the Indian market offers better returns for long-term investors

It actually advocates central bank, government intervention to mitigate risks; admits flexible exchange rates may not work

GAINS AND LOSSES. There is a need for export diversification and an effort to sustain growth in high-performing sectors

As the cornerstone of the manufacturing sector, the machine tools sector can scale up with innovation, competitiveness and a commitment to excellence

3-raters in corporates deserve respect

Diversification of fund sources needed for NBFCs

Monetary policy cannot do very much to control food inflation, given that it is caused by supply bottlenecks rather than increase in demand

Coverage of bank deposit insurance in India has improved since 2020, but premium collection can be linked to risk

This will provide SFBs more flexibility in managing capital and liquidity; they can lend more effectively

The US historian Alan Lichtman says Harris will win the 2024 elections. But some doubt his prediction methodology

Greater institutional autonomy and inclusiveness

Forex card. The pluses are strong portfolio flows, BoP surplus and 10-11 month import cover. But there is still some headroom for reserve accumulation