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How to make not polluting pay for itself
November 7, 2015, 3:48 AM IST
The National Green Tribunal’s order imposing a fine on farmers burning paddy stubble is welcome. As are the environment ministry’s efforts to work with state governments to increase awareness among farmers against this practice. However,…
November 7, 2015, 3:48 AM IST
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Break service silos for all senior jobs
November 7, 2015, 3:45 AM IST
Officers of the Indian Administrative Service (IAS) are peeved that members of other all-India services are demanding pay parity with them in the award of the Seventh Pay Commission. What is called for is a…
November 7, 2015, 3:45 AM IST
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A welcome fall in solar energy costs
November 6, 2015, 6:37 AM IST
It is hugely significant that solar power tariffs are tumbling and falling, and in the latest instance of reserve bidding, have dropped to below Rs 5 per unit. US-based SunEdison has won a contract to…
November 6, 2015, 6:37 AM IST
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Why not have a US Chapter 11-equivalent in the bankruptcy code?
November 6, 2015, 6:36 AM IST
The draft new bankruptcy code displayed on the website of the finance ministry is a welcome move. However, it lacks provisions equivalent to those of Chapter 11 of the US bankruptcy law, which allow a…
November 6, 2015, 6:36 AM IST
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There is a need to strengthen domestic financial markets
November 5, 2015, 2:18 AM IST
The Indian rupee is increasingly traded in the financial centres abroad, even as the domestic currency market remains below potential due to deficient policy, including onerous tax and regulatory requirements. This needs to change, as…
November 5, 2015, 2:18 AM IST
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The legislature, too, should have a role in appointment of judges
November 5, 2015, 2:17 AM IST
The government is right to keep its options open on revising the process of judicial appointments, in the wake of the Supreme Court ruling the National Judicial Appointments Commission (NJAC) to be ultra vires of…
November 5, 2015, 2:17 AM IST
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Lower small savings interest rates; savers must diversify their asset classes
November 4, 2015, 3:00 AM IST
The recent cuts in bank fixed deposit rates are reportedly driving investors to post-office savings schemes. Traditionally, the post office has been a step behind commercial banks. Now, banks have lowered their lending rates following…
November 4, 2015, 3:00 AM IST
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Boost domestic R&D in defence technology
November 4, 2015, 3:00 AM IST
The government expects to attract Rs 60,000-80,000 crore worth of foreign direct investments (FDI) in the defence sector. This is welcome, but a tangle of complex rules threatens this target. The ceiling for FDI in…
November 4, 2015, 3:00 AM IST
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Disinvestment in PSUs: Just do it
November 3, 2015, 2:19 AM IST
The government’s reported plan to privatise profit-making public enterprises is welcome. But the move to set up a panel to oversee strategic sales is redolent of a musty bureaucratic culture that sets up a committee…
November 3, 2015, 2:19 AM IST
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Santa-Banta jokes: PIL not a frivolous petition
November 3, 2015, 2:16 AM IST
The public interest litigation before the Supreme Court seeking a ban websites displaying Santa-Banta jokes as it presents Sikhs in poor light is not a frivolous petition. It brings frontand-centre questions about tolerance, the ability…
November 3, 2015, 2:16 AM IST
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Fickle tax laws hurt foreign investors
November 2, 2015, 4:00 AM IST
It is absurd that foreign portfolio investors (FPIs) are facing fresh income-tax queries after the government granted them a retrospective exemption from the minimum alternate tax (MAT), based on the recommendations of the Justice A…
November 2, 2015, 4:00 AM IST
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Draft aviation policy calls for overhaul
November 2, 2015, 4:00 AM IST
The overt reliance on cross-subsidisation as policy tool to boost regional connectivity in the Draft National Civil Aviation Policy is misplaced. It would lead to distortions and misallocate resources. Also, speedily augmenting regulatory capacity seems…
November 2, 2015, 4:00 AM IST
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Follow norms, HRD, don’t turn ad-hoc
October 31, 2015, 3:49 AM IST
The ministry of human resource development (HRD) is wrong to ask the University Grants Commission to bend the rules to permit Rashtriya Sanskrit Sansthan, a publicly funded deemed university, to affiliate colleges and set up…
October 31, 2015, 3:49 AM IST
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Welcome Sebi move on mutual funds
October 31, 2015, 3:47 AM IST
Equity market regulator Sebi is mulling tighter curbs on the exposure of mutual funds to corporate securities. The watchdog should implement these restrictions soon. If implemented, funds will be restricted to holding 25% of securities…
October 31, 2015, 3:47 AM IST
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Net Neutrality and Internet.Org cannot co-exist
October 30, 2015, 6:34 AM IST
Running with the hare and hunting with the hounds is an old habit of politicians. It ill suits businessmen, especially those who project their intentions to be to serve humanity rather than to merely expand…
October 30, 2015, 6:34 AM IST
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More power to Indo-African partnership
October 30, 2015, 6:27 AM IST
Africa is the land of immense growth potential. India’s presence in Africa has been muted — the trade is pegged at about $75 billion, far lower than that of China and the European Union, investments…
October 30, 2015, 6:27 AM IST
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Ease of doing business: Long road ahead
October 29, 2015, 6:04 AM IST
It is welcome that India’s ranking in the World Bank’s Ease of Doing Business index has improved several notches to 130th (from 142nd last year), but much remains to be done to fast-track regulatory approvals…
October 29, 2015, 6:04 AM IST
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Direct taxes code is a good starting point
October 29, 2015, 5:55 AM IST
An expert panel to review the nearly five-and-a-half-decade-old Income-Tax (I-T) Act to avoid disputes and improve the ease of doing business is welcome. As India rapidly globalises, it provides an opportunity to orchestrate domestic tax…
October 29, 2015, 5:55 AM IST
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Infrastructure projects need sound finances & stakeholder culture
October 28, 2015, 4:43 AM IST
Public-private partnerships (PPPs), once supposed to be the silver bullet to solve the country’s infrastructure woes, have largely turned out to be blanks. The government wants to change that, after a committee headed by technocrat…
October 28, 2015, 4:43 AM IST
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Call drops: Blame too little spectrum and its restricted sharing
October 28, 2015, 4:38 AM IST
If you put a child on a near-starvation diet, would you blame it for not gaining weight or height as it normally should? Would you, further, order corporal punishment for the child’s refusal to grow?…
October 28, 2015, 4:38 AM IST
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