Best of BS Opinion: A faster rate hike, new programming language, and more

A rate hike is clearly on the cards. Last week the Reserve Bank of India decided to recalibrate its policy approach by shifting the stated focus back to price stability. And with actual inflation likely to be higher than the projected rate, the Monetary Policy Committee would have to act more aggressively, the top edit points out. Read it here. Arguing that the central bank is no longer in denial mode, Tamal Bandyopadhyay mulls the possibility of a rate hike in June. Read it here.

In other views:

Ajit Balakrishnan asks why Indians, who thousands of years ago invented the zero and science of algebra, create no major programming language today but focus on making money off other countries’ innovations. Read it here.

Debashis Basu says the smallest Indian business to the biggest face extortion and harassment by various levels of government, effectively hitting the job creators. Read it here.

The second edit explains why the Criminal Procedure (Identification) Bill transgresses key fundamental rights. Read it here.


“The country is in all sorts of mess, thanks to the epic mismanagement of the Imran Khan government”

– Shahbaz Sharif, Pakistan’s interim prime minister-designate

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, April 11 2022. 06:38 IST


Leave a Comment