Focus on grid balancing, optimal storage capacity and spatial distribution of power demand is needed. The success of India’s net zero pledge by 2070 rests heavily on India’s successful energy transition in the power sector, as it is responsible for more than 50 per cent of emission. So, India has gone all out to expand... Read More
The Indian data market remains in its infancy due to regulatory ambiguity, despite the global trend of enterprises monetising various types of data. The potency of data becoming a critical asset is now a reality. Familiar phrases such as “data is the new gold” or “data is the new oil” underscore its value. In the... Read More
Affordable hospital care requires health-care financing reforms that go beyond price regulations. Benchmark for pricing In an unregulated market-driven scenario, health-care providers focus on profit through higher prices and overprovision of care (supplier-induced demand). One potential solution, “yardstick competition”, involves regulatory authorities setting benchmark prices based on market observations. However, this approach faces challenges in... Read More
Opinion: Udaibir Das and Wayne Byres. The crucial role of implementing Basel standardsThe Basel Committee implementation programme has been integral to international financial architecture. Having celebrated its 50th anniversary on 24-25 April, the Basel Committee on Banking Supervision has journeyed from a humble forum for G7 bank supervisors to a titan among global financial standard-setting bodies.... Read More
While global unemployment dips, South Asia grapples with declining labour force participation and widening job gap that put a generation at risk. The world has encountered a series of extraordinary events in the last five years that transformed everyday life and economic activity. The COVID-19 pandemic was such an event that brought global affairs to... Read More
In communities where education is given greater importance & viewed as a gateway to success, households are more likely to allocate a larger portion of income toward educational expenses. Education is the cornerstone upon which nations build their future. It is the bedrock of social and economic growth at the macro level, leading to individual... Read More
Despite making significant contributions and accounting for a large share of the workforce, women’s concerns and interests are frequently disregarded. India is second only to China in fish production. In 2022-23, India produced around 18 million tonnes, accounting for 8 per cent of global production. About 32 per cent of this came from marine sources,... Read More
Odisha, India’s eleventh largest state by population and fourteenth largest by size of economy, has come a long way during the last two decades. At nearly $ 100 billion, if Odisha were a country, its economy would be larger than Tanzania, Sri Lanka or Ghana. The growth momentum has been evident across sectors including agriculture,... Read More
HONG KONG – The gap between productivity growth in the United States and Europe paints a stark and, for Europeans, depressing picture. In the two decades since 2004, US productivity growth, as measured by the value of output per hour worked, has been more than double that of the eurozone. Whereas eurozone productivity has flat-lined... Read More
EVs’ growth may suffer due to problems of battery availability and disposal, just as biofuel has been hit by feedstock constraint. E-mobility seems to be the buzzword in India now. Almost every other day, some news comes out on how much progress India has made in the use of electric vehicle in the transport sector... Read More