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CREATIVE MISALLOCATION
The solution India's economy wants (Not)India's economic path may lie in an unusual strategy. The nation is advised to focus on producing items people do not need. This approach a...- If India persists in its ‘socialist’ cult of smallness, it will remain a society optimised for mediocrityIndia's policies, rooted in socialist ideals, have historically favored smallness over scale, hindering economic growth and innovation. Thi...
- Regulators should assess impact of their regulations says Eco SurveyThe Economic Survey advocates for financial sector regulators in India to adopt a regulatory impact assessment (RIA) to evaluate the effect...
- Capitalism hasn’t failed — we’ve actually greatly benefited from freer marketSchumpeterians believe that government attempts to help, help and help again are the root cause of all that has gone wrong. They link this ...
- Music streaming has a $2 billion fraud problem that goes beyond AIWhile the platforms are warily sizing up a shiny new disruptive force, labels and managers say that fraud of a more prosaic nature is alrea...
- Zombie firms eating up bank resources: StudyZombie firms are those that often survive longer than desirable taking advantage of countercyclical policy support, thwarting the process o...
- View: Improving legal system is the best investment India can makeIndia needs to clear legal logjam as contract enforcement is the single biggest issue curbing private investment.
- Economic Survey suggests '4-D model' for banking sectorThe Survey has recommended SLR, a portion of deposits mandatorily invested in government securities, requirements can be gradually relaxed.
- Slippage in oilNow, it is quite likely oil prices would remain range-bound, with overall global demand weak.
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