Here are the best of Business Standard's opinion pieces for Tuesday.
The Reserve Bank of India’s (RBI’s) new rules controlling recurring payments on credit or debit cards went into force on October 1. It is unfortunate that, in spite of a lengthy period for discussion of these rules, the day was still marked by considerable chaos. Many auto-debits failed for customers and smaller enterprises that depend upon online payments sharply revised their revenue estimates downward. In this context, our lead editorial notes that having observed the problems caused by the new rules, the RBI must swiftly respond, and work