Tag: Live mint

News: India aspires to be the 3rd largest economy in the world by the year 2047. The government is working hard to make India self-reliant and play a bigger role in the global economy. In this context, Indian industry has been requesting the government to look into the existing trade pacts, especially India-South Korea CEPA… Continue reading India’s zinc-trade deficit with Korea tells why we need industry input on deals

News: Recently, Sri Lanka’s entire cabinet resigned over inability to handle the ongoing country’s worsening economic crisis. It is undergoing a state of emergency due to a deteriorating food and fuel crisis.  What were the reasons behind Sri Lanka’s economic crisis?  In 2019, the newly-elected government of Sri Lanka has been accused of announcing a… Continue reading Lessons from the implosion of Sri Lanka’s tiny economy? 

News: With advancements in technology, the governments across the world are focusing on the Electric Vehicles. Similarly, Delhi government has adopted a new model for development of public charging infrastructure. What have been the issues in the EV segment? There has been a slow pace in setting up large-scale public charging infrastructure or stations. Central… Continue reading How the Delhi model for EV chargers is worthy of emulation

News: Recently, India has signed the first trade agreement with a large developed economy of the world after more than a decade. It was a path-breaking trade agreement known as the Economic Cooperation and Trade Agreement (ECTA) signed with Australia. India’s trade agreement so far India already has trade agreements with the Association of South… Continue reading India’s trade pact with Australia will click: it ticks the right boxes

News: The Criminal Procedure (Identification) Bill, 2022 has the objective of letting the authorities bio-tag law-breakers in their records for a watchful eye to be kept on them. The concern of citizens is the lack of a privacy framework that can restrict unauthorized use and the safety of data collected. What are the provisions of… Continue reading Any data extraction law must pass a privacy test

Context: Lithium has been among the most sought-after mineral during the past few years, largely on the back of its usage in battery manufacturing. China is a major import source of Lithium. Contents1 Why is Lithium important for India?2 Why the supply of Lithium has declined?3 Who are major Lithium producers and does India produce… Continue reading India’s lithium dependency worries

News: Recently, the government introduced bills to amend the three Acts of Parliament – the Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India and Institute of Company Secretaries of India. These institutions govern a trio of business governance-related institutions  Contents1 Why have these legislations been proposed? 2 What are the issues… Continue reading An unhelpful response to accountancy scandals 

News: As per reports, Sri Lanka has sought an additional $1 billion by way of a credit line, which would be on top of the $2.4 billion aid package it has already received from New Delhi this year. India should help Colombo get past its economic crisis for the sake of friendly ties and regional… Continue reading Aid Sri Lanka’s economy and not Rajapaksa’s grip

Context: Recently, the Western world came together to impose sanctions on Russia, decades old business arrangements with countries were terminated. All this came in the backdrop of COVID-19, exposing the vulnerability of globalization. Among nation-states it has led to hardening of nationalistic agendas. Countries are focusing on self-reliance to reduce geopolitical risks. Is it possible… Continue reading Globalization is dying: Long may the phenomenon live

“Good governance” is referred to as a process of enabling the accountability of decision-making and how decisions are implemented to tackle holistic development agendas. It also brings about women’s empowerment directly by boosting gender-participation in decision making. Contents1 Good governance in practice:2 Gender disparities deter economic progress:3 A case for entrepreneurship to help bridge gender… Continue reading Sound governance is a must for gender-inclusive output growth