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Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Less

August 17, 2015, 5:32 AM IST
The Supreme Court’s latest directive saying, one, Aadhaar is not mandatory for a citizen and, two, possession of Aadhaar cannot be made a condition for accessing entitlements does not quite settle the issues raised. Sure,…
August 17, 2015, 5:32 AM IST
August 17, 2015, 4:42 AM IST
Disruption’ is still a dirty word for most Indians. It conjures up all-too-familiar images of traffic snarls, dharnas and, of course, Parliament coming to a raucous standstill. But disruption is not just throwing the spanner…
August 17, 2015, 4:42 AM IST
August 15, 2015, 4:48 AM IST
When we salute the winners of the first edition of ET Startup Awards on Independence Day, we celebrate also the dawn of a new kind of freedom for Indian youngsters with talent and daring: the…
August 15, 2015, 4:48 AM IST
August 15, 2015, 4:46 AM IST
The government’s proposal to provide cash incentive to get rid of old vehicles to curb pollution is preposterous. While it may succeed in getting rid of older cars — 10 years or more in keeping…
August 15, 2015, 4:46 AM IST
August 14, 2015, 4:54 AM IST
Leading lights of the ruling National Democratic Alliance have been bestirred to stage a demonstration, complete with placards, urging that democracy be saved. So upset is the BJP that it has forgotten that it had…
August 14, 2015, 4:54 AM IST
August 14, 2015, 4:52 AM IST
Spectrum sharing, as proposed, cannot hope to improve telecom in India. Its clauses seek to shield officials from any future charge of causing loss to the exchequer rather than to create a high-speed 21st-century economy….
August 14, 2015, 4:52 AM IST
August 13, 2015, 4:39 AM IST
The government blames the Congress for the failure of the Rajya Sabha to take up, leave alone pass, the Constitution amendment Bill to create a goods and services tax (GST). It has accused the Congress…
August 13, 2015, 4:39 AM IST
August 13, 2015, 4:37 AM IST
The International Monetary Fund has extended cautious welcome to the Chinese monetary authorities’ decision to allow greater play for market forces in determining the yuan’s exchange rate. The yuan is overvalued: as per the trade-weighted…
August 13, 2015, 4:37 AM IST
August 12, 2015, 5:04 AM IST
Indians heading global companies are no longer exactly a novelty. Nevertheless, the elevation of India-born Sundar Pichai to Google CEO is remarkable. His appointment is part of Google’s sweeping corporate restructuring that creates a holding…
August 12, 2015, 5:04 AM IST
August 12, 2015, 5:01 AM IST
The goods and services tax is more important than the land Bill, said Adi Godrej, speaking for many. He is spot on. The land acquisition law is flawed in fundamental ways, not just in the…
August 12, 2015, 5:01 AM IST
August 11, 2015, 7:03 AM IST
On Friday, August 7, a group of around 150 people gathered around a statue that was about to be installed in the heart of Guwahati, capital of Assam. They forcibly removed the statue from its…
August 11, 2015, 7:03 AM IST
August 11, 2015, 6:28 AM IST
There is such a thing as too much of a good thing, asserts SoftBank president Nikesh Arora. Investors from around the world have ratcheted up valuations of Indian startups and this kills the discipline needed…
August 11, 2015, 6:28 AM IST
August 10, 2015, 7:02 AM IST
It’s heartening that India and the US have resolved longdrawn disputes on transfer pricing through the mutual agreement procedure (MAP), a conciliation mechanism available in the tax treaties between the two countries. The resolution will…
August 10, 2015, 7:02 AM IST
August 10, 2015, 6:58 AM IST
Coal is a dirty word in the developed world. We could live with that. But now, their dislike is beginning to crimp coal-based projects in the developing world as well. Note that the Adani group’s…
August 10, 2015, 6:58 AM IST
August 8, 2015, 7:18 AM IST
It is welcome that the government has decided to include wage payments under the National Rural Employment Guarantee Act (NREGA) in the direct benefit transfer (DBT) scheme, on the heels of a report that found…
August 8, 2015, 7:18 AM IST
August 8, 2015, 7:16 AM IST
The urge to reform the power sector is most welcome, but not the proposed mechanism, of limiting fresh coal supply contracts of state monopoly Coal India to state utilities that agree to revise their tariffs….
August 8, 2015, 7:16 AM IST
August 7, 2015, 6:03 AM IST
The Employees’ Provident Fund Organisation’s (EPFO) foray into the stock markets after years of dither is welcome. Equities tend to fetch better returns than government bonds, and will help workers grow their retirement nest. The…
August 7, 2015, 6:03 AM IST
August 7, 2015, 5:54 AM IST
External affairs minister Sushma Swaraj has finally made a statement in Parliament on the Lalit Modi controversy. She acted on humanitarian grounds and only urged the British government to act according to the rules of…
August 7, 2015, 5:54 AM IST
August 6, 2015, 6:29 AM IST
Tesla, Elon Musk’s luxury electric car that electrifies auto buffs’ and stock market’s imagination, is set to launch its first SUV, Model X. Predictably, there will be a waitlist. Waitlists or queues can be a…
August 6, 2015, 6:29 AM IST
August 6, 2015, 6:27 AM IST
The Central Food Technology Research Institute’s safety certificate for Maggi samples from Goa serves to highlight an element that had got submerged in emotion over seeming betrayal of trust: science. The central food regulator does…
August 6, 2015, 6:27 AM IST
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