Mint Explainer: What’s in India’s new drugs and cosmetics bill?
The Drugs, Medical Devices and Cosmetics Bill, 2023 will replace the 80-year-old Drugs and Cosmetics Act once parliament clears it
Mint Explainer: What is direct overseas listing and how will it benefit firms?
Few institutional investors in India, such as mutual funds and insurance companies, are willing to bet big on loss-making companies like most Indian tech startups
Axe the oil windfall tax: It’s outlived its rationale
What should’ve been a one-off levy at most has settled into on-and-off mode with an air of permanency. Roll it back. Place oil items under GST. Indirect taxes should be less distortive
India’s insolvency regime needs to address chinks in its armour
Today’s calm conditions offer a chance to strengthen the IBC before adversities test its mettle again
Let’s welcome well controlled human infection studies
Challenge trials aid the cause of healthcare and clear protocols will enable well-regulated experiments
India’s economy as third largest: Just a guarantee of the inevitable
The size of a country’s output matters but says little about the well-being of its people and the dignity with which lives are led
Digital public infrastructure ought to girdle the globe
Clarify the doubts other countries may have for India’s DPI model to be embraced across the world
Reform policing
Outbreak of communal violence in Delhi region raises concerns over role of law enforcement; police forces need structural autonomy and revised incentives.
Three key projects show how far India’s financial sector has come
Recent announcements on direct overseas listings, instant settlement of stock-market transactions, and creating an alternative to Swift represent baby steps towards taking the rupee global
Mint Explainer: Hunter Biden faces new ‘influence’ scandal
A former business associate of Hunter Biden claims President Joe Biden spoke to his son’s business partners on numerous occasions, a charge the US President has repeatedly denied
Chinese foreign minister’s ouster should give India pause
The Qin Gang incident means there is now even more reason to be cautious of any agreements with the Chinese
Mint Explainer: Why the govt wants higher import duty on LPG, propane and butane
It hopes to reduce import bills, protect domestic industries and give them an edge over imports
Mint Explainer: Quran burnings spark a diplomatic crisis
Political tensions between Nordic countries and Muslim-majority nations have spiked since protestors in Sweden and Denmark burned copies of the Quran in front of mosques and embassies
Mint Explainer: Jet Airways revival remains a distant dream
The Jalan-Kalrock consortium is optimistic after the DGCA renewed the air-operator certificate of Jet Airways on 28 July. but the wider industry is not too hopeful of a revival due to issues around pending approvals in several courts...
Success with chips will take much more effort
India’s pitch as a trusted partner for global semiconductor makers and offer of financial incentives could yet be queered by the geopolitical context. We’ll have to do plenty ourselves
Venture capitalists find it tough to escape the ‘sunk cost’ fallacy
They tend to double down on startup commitments rather than admit that their bet has gone bad
A data collective can strengthen our statistical system
We need a non-partisan non-official group to help protect the integrity of India’s statistical system
GST on online gaming: We have space to reach a middle-ground
India could consider a 28% levy on just the platform fees of online gaming intermediaries that fulfil regulatory obligations