Tag: business standard

News: Great power politics between US and China is shaping every dimension of the global order China’s rise has shaken the status quo in the global political order. As a rising power, it is challenging the foundation of the US-led global order. This has led to the US-China strategic competition. Covid-19 has merely accelerated the… Continue reading Great Power Politics is back with a twist

News:  Public issues in capital markets are the route for corporate finance. How the trends of capital markets in India are changing post-liberalisation? Firstly, the share of the private corporate sector in Gross Fixed Capital Formation (GFCF) has increased sharply. Secondly, the share of the public sector in GFCF has fallen. Further, the public sector,… Continue reading The capital market: Then and now

News: The need for quicker resolution of insolvencies cannot be overemphasised. It makes capital more efficient, improve credit culture, and help boost growth. In this light, it is encouraging to see that the government is consistently working to strengthen the IBC by addressing the emerging gaps. Recently, it proposed another set of changes that would… Continue reading Strengthening IBC

News: Government has issued an advisory to citizens that caution should be exercised while using the services of companies that offer online and remote learning courses.  These companies have been accused of delaying refunds, suppressing information about auto-debit facilities and luring subscribers to sign up for tuitions without explaining the financial implications.  What is the… Continue reading Edtech’s teachable moment

News: The Personal data protection bill was introduced in the parliament in 2019 and then referred to a joint parliamentary committee (JPC) which has recently submitted its report.  Read the JPC’s recommendation here.  What is Data protection authority (DPA)?  The bill recommends setting up of a statutory regulatory authority (SRA) called Data protection authority.  It… Continue reading Protection from data protection authority

News: The cure for the farm sector’s ills lies primarily in making agriculture remunerative. Why are farmers discontented and uneasy? Income from crop farming has become insufficient for the livelihood of an average farm family: The “Situation Assessment of Agricultural Households” survey, carried out by the National Sample Survey Organisation in 2018-19, clearly indicates that… Continue reading Agriculture needs a booster dose

News: Recently RBI passed a string of new norms to strengthen the regulations for NBFC sector What is a shadow bank? A shadow bank is into the business of lending but is not subject to any regulatory oversight. The shadow banking system also refers to unregulated activities by regulated institutions. What is the significance of… Continue reading Goodbye shadow banking

News: Goods and services tax (GST), one of the biggest reforms in recent decades, will complete five years in July next year. It was expected that after some initial implementation difficulties, the system would stabilise and boost revenue collection along with output. But that doesn’t seem to be happening. While revenue collection has improved, partly… Continue reading Avoid policy adventurism