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Delirium in the Markets

Market regulator SEBI says there is “froth” in the mid-and small-cap stocks; banker Uday Kotak says there is no bubble. Caught in this cross-current are traders in small towns who are betting heavily in risky derivatives. What is next for the turbocharged Indian markets and what of the retail investors rallying behind it?

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No. Vijay Shekhar Sharma's Resignation Will Not Save Him

Having fallen out of favour with investors, shareholders and the Reserve Bank of India in recent months, the cause of Paytm’s current woes is the same that led to its initial quick rise—Vijay Shekhar Sharma. By giving up the chairman’s job at Paytm Payments Bank, he is attempting a Bond-like escape from the wrath of the banking regulator. Will he succeed?  

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Rage of the Fast and Furious

Southern states are angry despite being beneficiaries, along with western states, of the country’s unequal industrial development. In their rush to gather new forms of industrial opulence, they continue to benefit from the cheap labour of central and eastern regions. Will the former share their riches for a more equitable growth of the union of states?

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Market Forces Alone Not Enough To End East’s Poverty

Without converting its rich human resource to high quality human capital, the eastern region could see the large population becoming a liability rather than an asset

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Rathin Roy: Tax Sops, Investments Won’t Erase Growth Fault Lines

Social factors play a big role in preventing development of states, says Rathin Roy, economist and former member of the Prime Minister’s Economic Advisory Council. Critical of the penchant to manufacture for the rich, he calls for a political conversation around the need to address unmet demands for affordable access to basic necessities like healthcare, education, housing and textiles. Edited excerpts: 

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Time for Sunrise in the East, Says Amit Mitra

The eastern region has been dealt a raw deal for a long time, says former West Bengal finance minister Amit Mitra. The oversaturation of economic activities in the western and southern regions will push investors towards the cheaper, resource-rich east, he believes. Edited excerpts:  

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Collaborative Efforts Key to Eastern India’s Development: Shaurya Doval

The transformative journey of eastern India is not just a regional narrative but a crucial chapter in the country’s quest for inclusive and sustainable development