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What's Still Needed in Indian Infrastructure Financing?
THIS INTERSECTION of post-pandemic growth in economic activity and a resolute commitment to achieving net zero emissions, presents a golden opportunity for India to reimagine its infrastructure development and financing strategies, with a focus on sustainability, and future-readiness
High Productivity Needs Fresh Mindset
FOR A NATION blessed with land, nature in abundance with its sunshine, rivers, wind, and natural resources, and the societal need to grow economically, India has poor labour productivity
FARM SUBSIDY IS MISDIRECTED.LARGE FARMERS EXTRACT MOST
THE AGRI-SYSTEM continues to be vulnerable, equally fragile. Our policymakers and most other experts glorify the Rs 5 lakh crore agricultural subsidies and tariffs
GCC Tech Surge
INDIA’S INFOTECH SERVICES sector, led by TCS, Infosys, HCL Technologies and Wipro, came of age in 1999 with the Y2K transition
And the Waters Prevailed
\"AND THE WATERS prevailed upon the earth for 150 days\" (Genesis -7). The quote from the Bible must haunt many minds around the world and especially India, where even arid regions like Delhi and Rajasthan not only experienced heavy rainfall, but flooded streets and localities
Compulsive Litigant?
DRIVEN BY THE resolve that the Central government should not be a compulsive litigant, the Union Ministry of Corporate Affairs (MCA) has taken a decision under its Special Arrears Clearance Drive-II to withdraw another 7,338 prosecutions, which have remained pending before various courts
New Drugs Bill in Offing
IN A BID TO ENFORCE more stringent quality control on pharmaceuticals, the Union government is mulling on a new law to regulate the manufacturing, import and supply of medicines, medical devices and cosmetics
REAL MONEY FACES REAL THREAT
THE ONLINE GAMING sector was dealt a huge blow on 11 July when the 50th GST Council decided to levy a Goods & Services Tax (GST) of 28 per cent on online gaming, plunging the sunrise sector in utter gloom
In Continuous Evolving, Adapting Mode
The role of chartered accountants in India has evolved into a multidimensional one, extending beyond traditional bookkeeping and auditing functions to encompass many more realms
"WE INTEND TO PLAY A CATALYSING ROLE IN INDIA'S ENERGY TRANSITION"
IN an exclusive conversation with Arjun Yadav of BW Businessworld, Vivek Kumar Dewangan, CMD, REC shares the Maharatna PSU's vision to increase financing for green projects and also nonpower sectors such as infrastructure and logistics
The City Government as an Economic Enabler
IT IS WIDELY ACKNOWLEDGED that technological progress, especially in cities that have now become the centres of development, leads to economic growth over time.
"Sustainability remains at the heart of Tetra Pak's strategy"
In an exclusive interaction, Cassio Simões, Managing Director, Tetra Pak South Asia, talks about how conversations are moving from 'more efficient', to 'more efficient and sustainable'
SIGNIFICANCE OF ESG: Overcoming Criticisms & Misunderstandings
IN RECENT YEARS, Environmental, Social, and Governance (ESG) investing has gained significant traction as investors increasingly recognise the importance of sustainable and responsible investment practices. However, despite its growing popularity, ESG continues to face criticisms and misunderstandings, particularly among fund managers in a few developed countries.
Teaching Sustainability in Schools
OVER THE LAST six months I have written several columns, for this hugely influential magazine, on the overarching theme of ‘sustainability’. Under this broad framework, I have discussed climate change, water scarcity, waste management, deforestation, air pollution, urban flooding, challenge of plastics, responsibility of factories and food security. I plan to continue on the theme for several forthcoming issues to discuss other major contributors but, for now, I want to pause and look at the importance of ‘teaching sustainability’.
HEALTHCARE'S RISING CARBON FOOTPRINT
According toa 2019 report by Health Care Without Harm HCWH), the global healthcare sector’s climate footprintis equivalent to 4.4 per cent of global net emissions, contributing around 2 gigatonnes of carbon dioxide into the environment
Substitute Human Arrogance With Submission To Nature
Bhupender Yadav, Union Minister for Environment, Forest and Climate Change, Labour Employment on sustainability, human interactions with nature, and more
"LAW IS ALL ABOUT UNDERSTANDING MAN AND MATTER"
In an exclusive interview with BW Businessworld's ROHITCHINTAPALI, Karnataka's newly appointed Advocate General SHASHI KIRAN SHETTY speaks about representing a state, the hijab ban, same-sex marriage and much more. Excerpts
Sustainability & Converging Digital Tech will Drive the Future of CAs
RECENTLY IN LONDON some of us witnessed history being created. The first two Sustainability Standards S1 and S2 were unveiled to the world.
Drivers of Sustainability
Chartered accountants have a vital role to play in promoting environmental and social responsibility in their organisations
"At Par With the Best in the World"
Citing his recent appointment to the Institute of Chartered Accountants in England and Wales, Vishesh C. Chandiok, CEO, Grant Thornton Bharat describes it as an instance of Indian CAs breaking the glass ceiling
DECODING THE FINANCIAL IMPLICATIONS OF GROWTH
ESG, young entrepreneurs, startups, regulations and new sectors are all areas of growth but understanding these in financial terms is key for the long-term, says CA S. Ravi, the promoter and managing partner of Ravi Rajan & Co.
'Chartered Accountants Have Always Excelled as Trusted Advisors to Businesses'
Chartered accountants (CAs) are no longer just bookkeepers, but also conscience keepers of a company, ensuring adherence to sustainability and good governance. Institute of Chartered Accountants of India (ICAI) President Aniket S. Talati discusses the evolving role of CAs with Bhupendra Paintola of BW Businessworld
PERILS OF POPULIST PROMISES: EVALUATING, ENSURING ACCOUNTABILITY
ELECTIONS HAVE a familiar plot. We are witnessing a spectacle where political parties make grand promises, deliver little. Unrealistic promises, irrational freebies, undeliverable sops have become increasingly prevalent. Unfortunately, they are gaining significant traction.
The Global Indian
ARE HIGH NET WORTH individuals (HNIs) leaving India for greener pastures abroad? There has in recent years been a pervasive narrative that wealthy Indians are \"fleeing\" India because doing business overseas is easier and less taxing. India is plagued by poor infrastructure, over-regulation, corruption, and social polarisation.
What Just Happened?
ON 1 JULY INDIA’S largest private sector bank, the HDFC Bank, which had in any case overtaken the omnipresent public sector State Bank of India (SBI) in terms of business, also became the fourth largest bank in the world in terms of market value.
Hope for TB Vaccine
GLOBAL HEALTH philanthropy majors Wellcome and Bill & Melinda Gates Foundation are joining hands to invest $500 million in the Phase 3 trials for what could be the latest Tuberculosis (TB) vaccine in over 100 years.
Stock Market Supernova
APPLE'S STOCK RALLY, outperforming analysts' expectations with a 49 per cent surge in 2023 alone, indicates a growing recognition of its ability to navigate market challenges and capitalise on opportunities.
INDIA NOW TAKES THE HIGH ROAD!
UNION MINISTER of Road Transport and Highways Nitin Gadkari has proudly announced a remarkable achievement in terms of India's road infrastructure.
"Agility In Reskilling Is Of Utmost Importance"
ADITYA KOHLI, CHRO, Orient Electric, explains the factors behind employability concerns of engineering graduates and how engineering colleges and students can brace for the impact of Al
DEFINING PARAMETERS
Engineering colleges, both public and private, were assessed on six criteria to arrive at the rankings