The Financial Stability and Development Council (FSDC), headed by Union Finance Minister Nirmala Sitharaman, this week deliberated the need for having more early stress indicators to enable regulators to identify potential problems and deal with them in time. In this context, our lead editorial notes that since India has no control over how things unfold in advanced economies, it needs to remain prepared. Read here
In other views:
Promises of free cooking gas and job reservations in Karnataka show how political discourse even in a relatively rich state is unchanged, writes AK Bhattacharya Read here
Unilever has successfully demonstrated how virtue can be sustained over generations in enterprise, writes R Gopalakrishnan. Read here
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