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1,360 Added | 6 Magazines | 2 Following | 1,398 Followers | @LiveMint |  Breaking news and analysis on Indian and world business, economy and politics along with in-depth market reports, investment trends research and more. 

There is nothing monetary about inflation

In India, between 2009 and 2014, the annual inflation rate was in double digits. Photo: Bloomberg<p>But how do we know when irrational exuberance has …

Economics

The curious case of coal cess

Total tax on the common grades of coal is more than 80%, which is higher than taxes on even alcohol, cigarette or luxury cars. Photo: Bloomberg<p>It is …

South Africa

Shining a spotlight on sexual harassment

Sexual harassment is an extreme manifestation of a power imbalance. Photo: iStockphoto<p>The global groundswell unleashed by the Harvey Weinstein case …

World Economic Forum

Moving towards a more effective GST

The GST council has its work cut out in the months ahead. Illustration: Jayachandran/Mint<p>The overdue transition to the new goods and services tax …

India

Give India some credit for this capital initiative

The Rs2.1 trillion recapitalisation into PSU banks has been well received by rating companies, despite its unconventional structure. Photo: Mint<p><b>Hong</b> …

Dictators are prone to self-destruction

Even Vladimir Putin, after 17 years in power, is in danger of making a miscalculation one day. Photo: Reuters<p>With authoritarian rulers ascendant in …

Political Science

Reforms needed to back bank recapitalisation

The fact that recapitalisation bonds can be used for capital infusion should not become an alternative for better governance. Illustration: …

Shinzo Abe’s win will shape Asia’s future

Abe can now move forward on pushing for a revision to Japan’s war-renouncing constitution. Photo: Reuters<p>Just a few months back, Japanese Prime …

Geopolitics

Overcoming a hard-wired bias for loss aversion

With rising income levels, the psyche of the middle-class Indian is shifting from a saver to an investor. Photo: Hemant Mishra/Mint<p>With Richard …

Psychology

India’s ailing banks need more than a bailout

The finer print of the recapitalisation announcement was, frankly, disquieting. The implications for both India’s banks and its macroeconomic …

Arun Jaitley

How to make Facebook liable for its content

Making Facebook directly responsible for everything it publishes would probably be going too far, but not for the reasons Facebook itself puts …

Internet

The emerging blocs in the Afghan Great Game

Afghanistan’s President Ashraf Ghani. The more cooperation there is among states, the better the prospects of stability in Afghanistan. Photo: Reuters<p>…

Afghanistan

Donald Trump, uncertainty, and Iran’s economy

Iran President Hassan Rouhani. Donald Trump’s questioning and criticisms of the Iran nuclear deal have exacerbated private (and public) sector …

South Asia

Cybersecurity starts at the top

Consumers often don’t comprehend the extent of companies’ data collection, failing to understand even the basics of the ‘cookies’ being used when …

Cybersecurity

Strengthening India’s corporate bond market

Building liquidity from scratch takes time, especially since the microstructure of India’s corporate bond market has historically favoured …

Stock Markets

Make in India: the smartphone challenge

The strategy of giving preferential treatment to domestic producers is unlikely to be successful in the absence of broad-based reforms in the …

India

Amazon hasn’t seized the world, but it’s working on it

Amazon said on Wednesday that it would sell some of its Echo voice-activated speakers in India for the first time, with a new (English language) …

Star Trek

Indian company boards behaving badly are now on notice

The Uday Kotak panel, which submitted its report to Sebi, will undoubtedly give independent directors more muscle. The courage to flex them will …

Axis Bank

South Korea’s looming crisis

South Korea is now beset by the same structural problems Japan faced during its two decades of stagnation. Photo: AP<p>Twenty years after the Asian …

North Korea

Testing Europe’s resolve on failing banks

The Single Resolution Board, set up in 2015 as part of the so-called ‘banking union’, has the powers to wind down a medium-sized or large lender …

Central Banks

The instrumental harms of inequality

Because the poor spend the bulk of their income on necessities, the marginal propensity to consume out of income is higher for the poor than it is …

Income Inequality

GST features contributing to GDP growth slowdown

The goods and services tax (GST) hasn’t resulted in a temporary supply shock, but has made an enduring alteration to the business model of small and …

Goods and Services Tax

What the new cricket laws tell us

The new cricket rules tell us a lot about the changing nature of the game. Illustration: Jayachandran/Mint<p>Connoisseurs of cricketing trivia would do …

GST: Disruptive but developmental

Union finance minister Arun Jaitley. The GST Council has emerged as India’s first federal institution; genuinely federal and fully functional. Photo: …

India

Apple, Wall Street and Hollywood are lost in translation

Apple has shifted course again lately in its years-long effort to become a destination for television shows and movies. Apple’s ultimate intention …

Steven Spielberg

Strategy to revitalize PPPs in India

The Delhi Metro is a good example of how projects can and should be implemented. Photo: Mint<p>India’s infrastructure deficit continues to persist …

Economic Development

India’s credit-fuelled consumption boom

The use of retail credit is likely to have played a key role in sustaining consumption growth over FY12-17. Photo: Mint<p>India’s consumption growth has …

Monetary policy to cap rupee rise

India badly needs a competitively priced exchange rate. Photo: Mint<p>The new monetary policy framework adopted last year is a deep and long-term …

India’s new gene is called plutocracy

The rules made to develop Lower Parel had the sole objective of helping mill owners unlock land value, without a thought for how millions would …

The missed opportunity to reimagine Mumbai

At the heart of India’s urban planning failure is a failure to understand what urban planning truly is. Illustration: Jayachandran/Mint<p>For all the …

India