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Leadership pitfall: Diffused accountability is formula for organizational failure Leaders must take responsibility for what happens on their watch instead of trying to pass the buck. The rule spans all kinds of organizations, from armed forces and administration to businesses.

Is Bihar casting its vote or voting back its castes? The people of Bihar are undoubtedly politically sensitive, but they remain obstinate about voting on the basis of castes.

University uproar: The US loses credibility on free speech The police crackdown on protests against the Gaza War in American universities should leave us aghast. What happened to the US as a champion of freedom?

India’s political economy: Higher-for-longer policy rates pose a peculiar problem Interest rates will probably stay higher for longer not just in the US, but here in India too. It could restrain a revival in private investment and constrain what the government can spend.

Allot or auction satellite telecom spectrum? Signal clarity, please. The rationale of insisting on auctions, as the Supreme Court did in its 2G-case ruling, has weakened as technology and global norms have evolved. The 2G muddle was value destroying. Indian laws should offer clearer guidance to...

Uni-buzz: Even Indian universities can boost local economies in student zones India suffers from what we can call a sizable international student deficit. More public investment in developing world-class institutions of learning would attract students and boost local economies.

Rural Raj: Viksit panchayats offer us a pathway to Viksit Bharat Every Indian citizen must have access to quality public services and government schemes and benefits. In the most remote of villages too. For a developed India by 2047, we must empower our rural institutions as an imperative.

Sundar Pichai has firmly put down an employee rebellion at Google Google rejected employee protests against its cloud service contract with Israel, sacking a bunch of protestors too, a departure from its more liberal past. But then, Alphabet can’t afford disruption over crucial defence-sector...

Destiny debate: Life is beautiful and without any magic Our perception of a soul or even vulnerability to events beyond our control can be explained without magic.

India is booming. But you still need international exposure There’s a fair chance that the rupee will come out as a weaker currency over time. So, every rupee you own will buy you fewer goods and services in dollar terms. Conversely, every dollar will buy you more things in India. And this is...

Why India loves to hate inheritance tax and estate duty—wrongly Opposition to the inheritance tax defies political and economic logic. It can only be justified on grounds of difficulty of collection and administration.

We must ensure ethical use of carbon credits Indian corporates have led the way in ensuring transparent emission disclosures, but we need to also put in place guardrails that prevent misuse of carbon credits.

Business buzzwords: Do executives need to outgrow them? A fixation with trending topics like AI is discernible among CXOs. ‘Boys with toys’ spring to mind. For India Inc’s leadership, it’s crucial not to let the prevailing buzz detract attention from substantive issues.

Call centres will be outmoded by AI : What next? TCS’s CEO reckons that call centres will be rendered redundant by customer call-taking chatbots within a year. Lots of Indian jobs will be hit. Will firms like TCS create new ones?

Risk alert: Ensure masala safety for the sake of ‘Make in India’ Our food safety regulator must extricate us from a dust-up over packaged masala mixes after Hong Kong and Singapore banned some exported from here. For India to be the world’s next big factory, we can’t afford to let a reputation...

Real costs: Why solar and wind energy are not market winners yet Claims that wind and solar energy are now cheaper than fossil fuel-based energy are misleading as these refer to costs only when the sun is out or wind blowing but don’t account for intermittency.

Amid the election din, argumentative Indian TV debates stand out Alas, a representative ringside view of Indian polls is impossible to get from overseas. But loud TV talk suggests that democracy alarmists should calm down and India’s electorate is more aware than it may seem.

Jack Welch’s CEO factory has stopped production: Good riddance. Yes, GE offloaded its fabled Crotonville CEO incubator. The idea of assembly-line CEOs doesn't work anymore.

Kotak must act fast to escape RBI’s cyber-risk clamps RBI has barred Kotak Mahindra Bank from issuing new credit cards and enlisting new customers through its website and app because of tech compliance failures. The private lender should get its house in order quickly.

Redistribution: A Universal Basic Income policy can’t turn poverty into history The politics of redistribution has brought various versions of a UBI into focus. While people in deprivation clearly need relief, a UBI alone can’t be relied upon to make poverty a problem of the past.