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Indian healthcare can rev up the economy and create jobs Healthcare can give India’s economy the boost that the IT sector gave in the 1990s. But this calls for encouraging private participation and raising skill levels. Doing so will make access to healthcare services easier across India and...

Small-business risk sharing can deliver inclusive economic growth Risks borne by small enterprises need to be spread wide, which can be done by a government programme to invest in them. The availability of such risk capital would spur private investment, generate job opportunities and widen the...

Mutual fund launches: Let’s not be condemned to repeat history Today’s Mutual Fund scenario resembles an earlier boom that left investors with either losses or low returns. It’s clear that asset management companies find MFs way easier to hawk when the stock market is roaring, regardless of...

Manu Joseph: India’s Olympic Games shame is not about sports at all Our relatively low medal tally is not as disgraceful as the fact that none of our cities can qualify to host the games. Could even Delhi make the cut? It tells us something about the liveability of Indian cities.

CEA: The Economic Survey sets forth imperatives for a Viksit Bharat Ahead of the Union Budget, this year’s survey is special as it follows the Prime Minister Narendra Modi’s call for ‘all hands on deck’ to realize our dream of a developed India by 2047. Given the global developments that impinge...

India's budget will need to be extra mindful of bond market hawks now The inclusion of Indian sovereign paper in global emerging-market bond indices, like those of JPMorgan and Bloomberg, will attract capital infows and lower the Centre’s borrowing costs. But the vigil held by bond traders over...

Cybersecurity: Microsoft’s Azure woes and Google’s acquisition moves While Microsoft’s Windows outage caused by a faulty CrowdStrike update caused panic, Google expects to solidify its lead in the field of cybersecurity by buying Wiz. Google can expect antitrust scrutiny, but its acquisition...

Donald Trump wants to weaken the US dollar: Can he? While he looks likelier than ever to win the White House after his narrow escape and is keen to close America’s trade gap, he may find that the dollar’s supremacy and strength are two sides of the same coin. And currency manipulation could be...

Mint Quick Edit | IDBI Bank’s stake sale: Progress at last RBI's certification of bidders as ‘fit and proper’ paves the way for the government to sell a big equity stake in the bank. This is a shot in the arm for India's languishing disinvestment programme. Can we expect more action?

Ajit Ranade: It’s time to focus public spending on building human capital India’s skill gap is widening and AI as well as automation will worsen it. Our higher education challenge is one of scale and affordability. But we can’t let human capital lag if we’re to sustain Chinese-style high growth...

Raghuram Rajan: Brace for stronger inflation and possibly weaker central banks Faced with societal ageing, de-globalization, climate change, anti-immigration sentiment and technology advances, central banks can expect pressure from various directions. The shifts underway could entrench price...

Using ChatGPT to write cover letter: Cheating or smart? While an AI-written cover letter may sound generic, generative AI works best as a sounding board to help job applicants prepare for interviews. Recruiters may be fine with candidates using AI so long as they’re honest about it.

Five steps for India’s new government to get its data act together Reform India’s statistical system. We need a data glasnost, a population census, closer tracking of the labour market, an effort to fix bugs in GDP estimation, and separate statistical tools employed by states. The story of our...

Washington’s worked up over Modi’s Moscow visit. But in no way has it upset global stability. New Delhi should continue to pursue its strategic autonomy without letting the impolitic statements of relatively minor actors intrude on India’s policy or equanimity.

Mint Quick Edit | Apple's sales surge and market opportunity Apple’s sales in India leapt to nearly $8 billion in 2023-24, thanks to recent efforts, but the iPhone maker’s conversion game still has a long way to go. Among other things, it should give its premium image some thought.

Aim for tax simplicity: Do away with TCS on foreign remittances Tax collected at source (TCS) is not a revenue-raising measure, nor does its tax information value justify the burden it imposes, especially on individual taxpayers and banks that transfer money abroad. As India’s tax radar has...

India's stock market rally looks like a self-sustaining Ponzi scheme Just like a Ponzi scheme, so long as the money being brought in by new investors is more than what gets withdrawn by others, Indian stock prices will probably continue their upward trend. Talking of stretched equity valuations...

India’s Digital Competition Bill: Better alternatives exist Indian DPI makes it possible for regulatory principles to be directly embedded in the underlying software code. This is an approach that could better achieve the objectives of this flawed legislative proposal aimed at Big Tech.

Spice route: Tackle barriers faced by India’s turmeric exports We need an action plan to secure our leadership in the global market for various spices. Our spice exports get rejected by importing-country authorities too often. Here’s what should be done.

Project Nexus: A UPI-like network for international payments Asia is the right launching pad for Nexus since many of the region’s phone-based payment networks already work in more than one country. Nexus can cheapen cost-border transfers. Even if it gets outdated, it will be a welcome innovation.