Page 7 - Business Standard Editorial Comment

No auction for satellite spectrum; Trai tasked with pricing strategy

At a time when 5G and 6G telecom services are a critical discussion point for their use cases or lack of them, satellite communication has divided industry players

Internship opportunity: Progress will need to be carefully monitored

The fact that only about 155,000 candidates applied for about 91,000 such positions on the first day surprised many. The number is expected to go up

Taming the unicorns: Attention to institution building is critical

As India's unicorns race to become decacorns, they must absorb the less glamorous sobriety of institution-building too

The power of institutions: Economics Nobel rewards deepest questions

The basic structure of liberal economic reform that has been argued for in this country for decades now is one, essentially, of institutional change

Safe landing: SpaceX's new capability to improve space exploration

This is the fifth test flight of the Starship and the first four did not involve recapture of the booster by chopsticks, due to various technical snags

Small is not beautiful: India's bias against large factories is damaging

Recent work by economist Arvind Subramanian and others, recently summarised in this newspaper last week, shows the problem is even worse than the ASI data suggests

Water security: India must boost wastewater reuse to tackle insecurity

Given the climate risks, India needs to prepare to deal with them because water stress is only likely to worsen

Boosting confidence: International arbitration can drive more investment

India must reform its judicial system to enable faster dispute resolutions. This will help improve overall investor confidence and ease of doing business

A valuable legacy: Ratan Tata built a cohesive, forward-looking group

Ratan Tata's transformative leadership steered the Tata Group through challenges and globalization, reshaping it into a cohesive powerhouse

Nobel sparks debate as AI pioneers honoured for neural nets, not physics

Honoured for neural nets, Hopfield and Hinton's Nobel raises questions on awarding contributions outside traditional physics

Unambiguous commitment: MPC wants the disinflation process to be completed

Monetary policy committee's shift offers flexibility but no signal of rate cuts; RBI Governor highlights inflation and stability as key priorities

Maldives' strategic shift: Domestic priorities induce a thaw with India

As debt looms and foreign reserves dwindle, Muizzu's invitation to PM Narendra Modi and the push for increased Indian tourism highlight a pragmatic approach to foreign relations

Clear election verdict: Haryana for continuity; J&K needs change

The outcomes signal a pivotal moment for both regions as they face distinct challenges ahead

Wait and watch: Geopolitical threats to inflation outcomes have increased

Crises in West Asia and consequent volatility in prices of petrochemicals have historically led to inflation spikes and broader economic instability in India

Female entrepreneurship: Govt must focus on mkt linkages, access to finance

Specific schemes tailored to the needs of women entrepreneurs, including flexible loans, collateral-free options, integration with global markets, and mentorship networks can help

Moon rock: Chandrayaan-4 a test for Isro's ambitious manned moon mission

Isro's ambitions have grown along with its successes. Alongside Chandrayaan-4, the Cabinet also cleared a Venus orbital mission, which will be even more challenging

Productivity boost: India's increasing R&D spending may not be enough

While it is essential to have large corporations leverage economies of scale, the government must ensure that firms do not use their dominant positions to stifle competition

Follow Centre's lead: Time for states to call a war on open defecation

The gains from the Swachh Bharat programme are too significant and hard-won to be dissipated for lack of funds or organisational momentum

SC is right: Onus on politicians to refrain from weaponising religion

Over the years, the judiciary and the ECI have tried, but largely failed, to check dog-whistle politics

Mixed outlook: Manufacturing needs diversification and jobs focus

Economic growth at the expense of labour-income share will not be sustainable in the long term in a labour-abundant country