Ajay Tyagi

Overbearing secondary market: Time for business channels to refocus

For the public good, business channels must broaden their focus and look beyond stock market trading

India needs urgent, actionable plan to meet climate goals as time runs out

Climate change poses a major vulnerability that demands a comprehensive, quantifiable medium- and long-term plan, along with close monitoring to ensure timely corrective actions

Maintaining regulatory balance

Besides depositors, investors in bank securities are important stakeholders, and their interests ought to be safeguarded

Tweaking the inflation targeting mandate

A key focus for the new govt should be to ensure wider consultation in setting inflation target

Retail rush: Keeping faith in markets

The surge in retail participation, combined with increasing market complexity, poses new challenges for the Sebi

Mutual funds' growing heft

Maintaining the confidence shown by investors is crucial, as a single bad episode could spoil the party

NBFCs' contagion concerns

Reserve Bank of India's decision to increase risk weights on unsecured consumer loans and bank funding has dealt a double blow to non-banking financial companies

Trading for a greener tomorrow

The way forward to meet the nationally determined contributions is a well-regulated domestic emission trading mechanism

BRSR filings: Not mere disclosures

It should be used to improve ESG parameters, analyse vulnerability, and build appropriate tools for supervision and regulation

Connecting CSR and social stock exchange

Allowing social stock exchanges to facilitate CSR funding of projects could catalyse change by improving outcomes

Free float: The market's missing factor

The regulatory definition of public float needs to align with the market practice of free float

Putting all eggs in one basket

The dominance of banks in the mutual fund space raises questions about financial stability that require careful examination

Balancing regulatory approaches

The use of both principle- and rule-based approaches in regulatory frameworks has its challenges, but the latter may be problematic for tech-driven activities

SVB lessons

Inflation management versus public debt management - the RBI's two roles are at odds with each other

Mutual funds beyond returns

They have an important role in improving corporate governance and deepening the corporate bond market

The long run vs the short run

There are no easy solutions to two important debates of our times-sustainable development and the basic structure of the Constitution, but the guiding principles are clear

Prioritising stability over growth

The backdrop of the Budget augurs well for the government, but a closer look calls for a cautious approach

Ricardo would be turning in his grave

There are limits to building resilience over economic efficiency

Identifying an offshore investor

FPIs incorporated under different structures in different jurisdictions create regulatory loopholes and make it difficult to identify the true beneficiary of foreign investing entities

A different kind of quiet quitting

Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?