The essence of a successful India is one where individuals and firms are full participants in the global economy. Individuals in India who build strong and capable firms require full access to constructing entities and moving money across the globe. There are many relics of Indian socialism which interfere with this, such as the concern about round-tripping, and hostility towards entities outside India controlled by Indian persons. Similarly, there is little economic logic in the minimum-float rule of 25 per cent, laid down by the Securities and Exchange Board of India (Sebi). Policymakers in India should take two steps back and ask: How can the Indian state create conditions for Indian persons to succeed in the game of globalisation? The most successful and the most important firms of the world operate across national boundaries.
Denne historien er fra April 17, 2023-utgaven av Business Standard.
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Denne historien er fra April 17, 2023-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Cold wave, dense fog grip North India: Several flights delayed, schools shut
Low visibility conditions continued in Delhi on Sunday, while the Jharkhand government announced closure of schools from January 7-13 in view of a cold wave sweeping the eastern state.
Parts of US brace for heavy snow, ice, and blizzards
A blast of snow, ice, wind and plunging temperatures stirred up dangerous travel conditions in parts of the central US on Sunday, as a disruptive winter storm brought the possibility of the \"heaviest snowfall in a decade\" to some areas.
Delhi-Meerut travel now in 40 mins, via RRTS
PM also inaugurates Delhi Metro's Phase-IV stretch
Tighter anti-spam norms in a month: Trai
Pilot soon to onboard past user consents onto digital system
2025: Polls and the Fate of Freebies
This year will have the fewest elections of any in the current five-year electoral cycle. What does that mean for welfare schemes?
2024: The year that tested incumbents around the world
Apart from Assembly polls in Delhi and Bihar, 2025 could also see the long pending election to the country's wealthiest civic body, the Brihanmumbai Municipal Corporation.
India Is A Great Innovation Hotspot For Lenovo
Chinese technology major Lenovo has been reinventing itself in India, moving from screen to solutions every few years. Shailendra Katyal, managing director, Lenovo India, in a video interview with Pranjal Sharma, said India has become an important innovation hub for the company, which is also leveraging the country for exports. Edited excerpts:
India Ranked Second in Attacks by Threat Actors in 2024
Threat actors traded over 534 terabytes (TB) of data across industries and countries globally in 2024.
AI Euphoria May Fizzle Out Over Lack of Data
Tech giants are running out of data used to train AI systems. To overcome the problem, some companies are exploring new methods powered by 'synthetic data', write Cade Metz & Tripp Mickle
Prolonged litigation, low compensation
Bahadur Singh purchased a Mitsubishi Lancer diesel vehicle manufactured by Hindustan Motors.
