The government needs to plug the institutional gaps

Raghuram Rajan's last hurrah

Business Standard

After GST Bill passage, many more challenges ahead

Towards a common market

Banks Board Bureau's proposal deserves careful consideration

A novel idea on NPAs

Natural justice

Large numbers of stunted children diminish the India story

Falling short

But kerosene subsidy reform must be backed by better targeting

Baby steps work

India has not issued a new bank licence since 2004. There is a persuasive case to be made that India's banking sector needs to be more open; but aspects of the recent decision to award more licences are, none the less, disquieting. Well-informed voices from across the spectrum of opinion have, in the past few days, been raised against the proposal to allow large business conglomerates to set up banks if they have a "successful track record" - judged, presumably, by the licensing authority - and a minimum capital of Rs 500 crore. The head of the Prime Minister's Economic Advisory Council, C Rangarajan, has urged the Reserve Bank of India (RBI) to start by issuing licences to "non-corporate businesses" first, and to look elsewhere only if there are no such qualified applicants.

Asking for trouble

The NGT's order on diesel vehicles is not well thought out

Think long term

Amit Shah is right to attack family-run parties

The disease of dynasty

Co-ordination by Centre needed to mitigate its impact

Flood fury

Regulate taxi aggregators to improve services

End the confusion

Facebook's Aquila set to change equations

Inclusive internet

Govt should take criticism of coal auctions seriously

CAG on coal, again

Strong endorsement from Mr Obama may help Ms Clinton

Hillary's Everests

No respite from indigenisation delays, maintenance woes

Failures in defence

India not yet ready for options trading in commodities

Risky options

Early-bird corporate results offer hope but no clear trend

No broad-based revival

Questions arising out of Antrix-Devas arbitration

Honouring treaties

Democracy faces a threat from its president

Turkey on the brink

Electricity Act reform welcome, but challenges remain

Power possibilities

Encourage big retail chains for a positive impact

Farm marketing

Incisive columns and editorial comment by top opinion leaders

Page 164 - Editorial Comment