BUSINESS

Powerless power sector

The much-touted power reforms have not taken off as netas remain in election mode. As a result, industries continue to pay high tariff and discoms continue to report losses Under the Atmanirbhar Bharat Abhiyan scheme unveiled in May, Finance Minister

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Turning liability to asset

Merely privatising the PSBs will get us nowhere. Along with this move, the Government must bring sector-specific reforms. And they must come quick The Reserve Bank of India (RBI) in its Financial Stability Report released on July 24 warned that

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Checkmating China

If Trump can be persuaded to see the Baloch quest and Iran as potential allies that could take the Makran coast away from China, it would put a powerful brake on the latter’s ambitions Indian analysts seem indifferent to the threat

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A ‘bad bank’ is a bad idea

With the Govt having recapitalised PSBs with Rs 2,65,000 crore in the last three financial years alone, it makes no sense to pump in more of the taxpayers’ money into NPAs Even as the efforts made by the Narendra Modi

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India can’t grow alone

To emerge stronger in the medical devices sector, we need to collaborate with the global med-tech industry for its R&D-driven approach The outbreak of the pandemic has considerably highlighted the need for India to redefine its goals and priorities for

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Too long a distance

The Railway Ministry wants to run private trains by 2023 but why will any operator bid? The Ministry of Railways wants private operators to run a few long-distance express trains in India. Last week, it expressed its intent to invite participation for

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Is austerity a wise option?

In the deflationary pressure induced by the pandemic, what remains inexplicable is the hoarding of funds by the Government, which creates a suffocating liquidity trap in the market As the Indian economy witnesses a major downturn, predictably a negative growth,

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Now, a telecom war

There are alternative vendors but costs would go up. We must encourage equipment manufacture with innovation and now Yes, the economic realities of China dominating much of our product supply chains, from electronics to drugs, weigh heavy on us. Yes, we are

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Welfare of migrants is key

Employers need to be humane and must be dealt with strictly if they fail to take care of workers in emergencies, like they did during the pandemic India went into a nationwide lockdown on March 24 to combat the Coronavirus

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The GST indemnity riddle

Even as States expect full and timely compensation for the shortfall in their tax revenue, vis-à-vis a given benchmark, the Union Govt has been making short payment and that too after a time lag The dwindling tax revenue of both

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