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An opportunity in a crisis: Oil import dependence needs urgent policy fix

The ongoing oil crisis risks becoming a lost opportunity unless the government outlines a clear plan to reform exploration policies and boost India's domestic crude oil output

Illustration: Binay Sinha

More on Opinion

Best of BS Opinion: West Asia war, trade rifts, and India's pharma moment

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: West Asia war, trade rifts, and India's pharma moment
Updated On : 25 Mar 2026 | 6:21 AM IST

An opportunity in a crisis: Oil import dependence needs urgent policy fix

The ongoing oil crisis risks becoming a lost opportunity unless the government outlines a clear plan to reform exploration policies and boost India's domestic crude oil output

An opportunity in a crisis: Oil import dependence needs urgent policy fix
Updated On : 24 Mar 2026 | 10:30 PM IST

Low hopes, sharp divides: WTO conference points to continuity outcome

Expectations this time are low for an institution that governs 98 per cent of global trade, worth over $35 trillion, due to a deep divide over its direction

Low hopes, sharp divides: WTO conference points to continuity outcome
Updated On : 24 Mar 2026 | 10:13 PM IST

Fallout of West Asia war: India must prepare to minimise the damage

The war is in its fourth week and has already affected several countries, including India. The impact is being felt through different channels, though macro indicators may not capture everything

Fallout of West Asia war: India must prepare to minimise the damage
Updated On : 24 Mar 2026 | 10:08 PM IST

Effective oversight: Safety crucial for success of weight-loss drugs

According to the National Family Health Survey 2019-21, 24 per cent of Indian women and 23 per cent of Indian men are overweight

Effective oversight: Safety crucial for success of weight-loss drugs
Updated On : 24 Mar 2026 | 10:08 PM IST

Best of BS Opinion: Policy push at home, volatility rising across the world

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: Policy push at home, volatility rising across the world
Updated On : 24 Mar 2026 | 6:16 AM IST

India's hidden credit constraints: Issue lies in pricing, regulation

Data from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and the World Bank suggests that India is a global outlier in the relative size of our credit markets

India's hidden credit constraints: Issue lies in pricing, regulation
Updated On : 23 Mar 2026 | 10:37 PM IST

War, emerging geopolitical faultlines: West Asia war jolts global economy

Iran's decision to shut off the Strait of Hormuz on March 1 was not merely an act of retaliation; it was a calculated demonstration of its enduring capacity to disrupt the global commons

War, emerging geopolitical faultlines: West Asia war jolts global economy
Updated On : 23 Mar 2026 | 10:34 PM IST

Protecting biodiversity: Strategy improves, but outcomes remain uncertain

A key concern is the gap between restoration and degradation: while 24.1 mn hectares are restored against a 26 mn target, nearly 30% of India's land still faces degradation

Protecting biodiversity: Strategy improves, but outcomes remain uncertain
Updated On : 23 Mar 2026 | 10:30 PM IST

Manufacturing push: Execution will be key to success of industrial parks

Many industrial areas remain underutilised; in Karnataka, some parks have only about 25% of units operational due to poor connectivity, weak governance, regulatory delays and low demand

Manufacturing push: Execution will be key to success of industrial parks
Updated On : 23 Mar 2026 | 10:30 PM IST

WTO MC14: West Asia war, disruptions and unilateralism temper expectations

WTO's MC14 in Cameroon is set against geopolitical tensions and trade fragmentation, with limited expectations beyond preserving multilateral consensus

WTO MC14: West Asia war, disruptions and unilateralism temper expectations
Updated On : 23 Mar 2026 | 12:09 AM IST

Best of BS Opinion: HDFC governance crisis and a widening West Asian war

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: HDFC governance crisis and a widening West Asian war
Updated On : 23 Mar 2026 | 6:33 AM IST

A structural reset in Indian M&A financing: RBI reforms reshape market

Amended framework empowers domestic banks, boosts flexibility in deal-making and introduces stringent credit safeguards

A structural reset in Indian M&A financing: RBI reforms reshape market
Updated On : 22 Mar 2026 | 10:55 PM IST

Trump's America a historical problem: Global impact, zero accountability

Conflicting signals from Donald Trump on the Gulf war unsettle markets, drive oil volatility, and expose deeper global economic imbalances and geopolitical risks

Trump's America a historical problem: Global impact, zero accountability
Updated On : 22 Mar 2026 | 10:42 PM IST

Things getting out of hand: US miscalculations keep West Asia on the boil

The escalating US-Israel war with Iran deepens global uncertainty, disrupts energy supply chains, and exposes geopolitical fractures from NATO to Asia

Things getting out of hand: US miscalculations keep West Asia on the boil
Updated On : 22 Mar 2026 | 10:31 PM IST

Bank held liable for refusing customer deposit during demonetisation

The National Commission noted that the government notification did not confer any right on the bank to refuse acceptance of deposits; it could only refer them for scrutiny

Bank held liable for refusing customer deposit during demonetisation
Updated On : 22 Mar 2026 | 10:25 PM IST

Transparency needed: Public should know about the happenings at HDFC Bank

The sudden resignation of its chairman, therefore, cannot be treated as an ordinary event

Transparency needed: Public should know about the happenings at HDFC Bank
Updated On : 22 Mar 2026 | 10:22 PM IST

West Asia war: Are the effects priced in amid rising economic risks?

As the Strait of Hormuz disruption deepens, India faces rising inflation, supply shocks, and fiscal strain, with markets yet to fully price in the risks

West Asia war: Are the effects priced in amid rising economic risks?
Updated On : 22 Mar 2026 | 10:17 PM IST

The story behind promotions in PSBs and the growing need for reform

The challenge is to transform the promotion process from a source of distrust to a catalyst for developing genuine leaders

The story behind promotions in PSBs and the growing need for reform
Updated On : 22 Mar 2026 | 4:12 PM IST

Vishwaguru delusion, mine vs yours: Two flawed takes on India's power

One side thinks India is punching way above its weight.The other thinks Mr Modi has undermined India, and it punches below its strength. Both are wrong

Vishwaguru delusion, mine vs yours: Two flawed takes on India's power
Updated On : 21 Mar 2026 | 9:30 AM IST