Latest news with #RajeswariSengupta
Business Standard
4 days ago
- Business
- Business Standard
Rajeswari Sengupta Rajeswari Sengupta
Rajeswari Sengupta India's overzealous anti-dumping response may gradually fuel protectionism Its liberal use of anti-dumping duties risks turning into protectionism - and may do more harm than good Bhushan Power and Steel case: A test for India's insolvency regime In a major reversal, the Supreme Court ruled that the resolution plan for BPSL, approved by the committee of creditors (CoC) and cleared by both the insolvency and the appellate tribunals Updated On : 19 May 2025 | 11:09 PM IST India must watch out for GDP growth with third chance at doorstep Having missed two chances to boost manufacturing, India can't afford to miss the third one now at its doorstep Updated On : 14 Apr 2025 | 11:09 PM IST Updated On : 18 Mar 2025 | 3:20 PM IST Budget 2025: Balancing reforms and fiscal consolidation to revive growth The two key questions are: What is the diagnosis of the economic slowdown? And what can the Budget do to address it? Updated On : 20 Jan 2025 | 11:37 PM IST Rajeswari Sengupta & Anirudh Burman: Ushering in insolvency professionals Countries such as the United Kingdom and Canada have a well-developed cadre of self-regulated insolvency professionals Updated On : 20 Nov 2016 | 9:30 AM IST GDP conundrum: Is India booming? While CSO insists India is the world's fastest-growing large economy, private economists say the country is struggling to recover from its post-2010 downturn Updated On : 17 Nov 2016 | 4:19 PM IST Anirudh Burman & Rajeswari Sengupta: Clear the air before enforcing Bankruptcy Code Poor regulation of the insolvency professional industry will lead to poor bankruptcy outcomes Updated On : 09 Oct 2016 | 9:59 PM IST Pratik Datta & Rajeswari Sengupta: RBI should not regulate asset reconstruction companies Banking and stressed asset management are two separate businesses Updated On : 02 Jul 2016 | 10:02 PM IST
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Business Standard
5 days ago
- Business
- Business Standard
Best of BS Opinion: Plastic battles, dumping wars, and Apple's gamble
Have you ever been in a situation, where there's that sudden flicker while driving through an unfamiliar underpass. The streetlights blink once, then vanish. And at that same time, your headlight, too, dies in silence. You're still moving, but into a tunnel where no signs of exit are visible. You don't know how long this stretch is, or whether you'll come out the other side. The world today feels a lot like that. Let's dive in. Our first editorial explores how global oil markets, rattled by the widening Israel-Iran conflict, are about to turn India's fiscal tunnel pitch dark. Oil prices are up 9 per cent already, with projections nearing $150 a barrel. That could tear through India's trade balance, sink the rupee, squeeze inflation, and force the RBI's hand. If the Strait of Hormuz gets blocked, our headlight, that comforting fiscal projection of 1 per cent CAD, may just vanish. Elsewhere, as our second editorial explains, India is dodging another kind of dark road, a global spotlight on plastics. Nearly 100 countries endorsed the Nice Wake Up Call for a plastics treaty, but India held back, citing jobs and industry. Meanwhile, our $44 billion plastics sector churns out 9.3 million tonnes of waste a year, with only band-aid recycling rules and strained informal networks trying to keep the muck out of rivers and lungs. In the manufacturing corridor, Akash Prakash turns to the Apple-in-China story. The tech giant's vast China bet built a supply chain so dazzling, it lit up the global economy. Now, Apple's pivot to India could offer us a chance, if we don't miss the curve. But unlike China, we've yet to lay the full wiring of component ecosystems, long-term policy, and bold investments. As trade winds shift, Rajeswari Sengupta and Niharika Yadav show how India's ADD (anti-dumping duty) spree, aimed at shielding local firms from cheap Chinese imports, might be casting more shadows than clarity. MSMEs are hurting, solar goals are slipping, and policy unpredictability is turning investors blind. And finally, Neha Bhatt reviews The New Age of Sexism: How the AI revolution is reinventing misogyny by Laura Bates, a searing spotlight on how AI, deepfakes, and the metaverse are not liberating, but retooling patriarchy. Virtual misogyny is no longer fiction. It's coded. Programmed. And it's coming for younger and younger girls. Stay tuned, and remember, when the streetlights go out, the steering must be firmer, the mind calmer!
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Business Standard
5 days ago
- Business
- Business Standard
India's overzealous anti-dumping response may gradually fuel protectionism
Its liberal use of anti-dumping duties risks turning into protectionism - and may do more harm than good Rajeswari Sengupta Listen to This Article For years, several countries, including India, have worried about imports of cheap Chinese goods undermining local industries. These fears have grown in recent months due to rising United States-China trade tensions. As of June 16, the US has increased the effective tariff on Chinese imports to 55 per cent. The higher costs of selling to the US have raised concerns that China will dump its surplus goods in other markets. In response, many countries, including India, are using trade remedies such as anti-dumping duties (ADDs) to protect themselves. India is now the world's biggest user of ADDs — not only
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Business Standard
19-05-2025
- Business
- Business Standard
Bhushan Power and Steel case: A test for India's insolvency regime
In a major reversal, the Supreme Court ruled that the resolution plan for BPSL, approved by the committee of creditors (CoC) and cleared by both the insolvency and the appellate tribunals Premium Rajeswari Sengupta Listen to This Article The Supreme Court's recent decision to liquidate Bhushan Power and Steel Ltd (BPSL), five years after its resolution plan was approved and implemented, has sent shockwaves through India's financial and corporate sectors. By overturning JSW Steel's takeover of BPSL, the ruling has raised fresh questions about the Insolvency and Bankruptcy Code (IBC) and the institutions responsible for enforcing it. A landmark reversal In a major reversal, the Supreme Court ruled that the resolution plan for BPSL, approved by the committee of creditors (CoC) and cleared by both the insolvency and the appellate tribunals (National Company Law Tribunal, or NCLT, and
