Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

R-Day, Customs Day and limits to executive power

Business Standard

|

January 26, 2026

Forme, Republic Day is not merely military parades and pageantry, but a strong reminder that India chose to be governed by laws rather than by unchecked will of those in power.

- TNC RAJAGOPALAN

R-Day, Customs Day and limits to executive power

When the Constitution of India came into force on January 26, 1950, it deliberately restrained the executive, insisting that authority be exercised within clearly defined legal boundaries. It is a matter of coincidence that January 26 is also observed globally as International Customs Day, bringing into focus the role of an institution that polices the country’s borders.

Customs administrations operate at the frontline of sovereignty. ‘They regulate the entry and exit of goods and people at ports, airports and land borders, collect revenue, prevent smuggling, enforce prohibitions and restrictions under multiple laws, and act as a strong deterrence against trade in narcotics, money laundering and transnational crime. Yet few other agencies can so immediately disrupt commerce or personal liberty, detain goods, initiate investigations, impose punishments etc., often on the basis of executive satisfaction. Customs thus offers a revealing lens through which to examine anxieties about executive overreach.

FLERE HISTORIER FRA Business Standard

Business Standard

Business Standard

‘Transmission of bank loan rate to NBFCs weak’

Piramal Finance is stepping up its reliance on development finance institutions (DFls) for funding, due to cost advantages. Jairam Sridharan, managing director (MD) and chief executive officer (CEO), ina telephonic interview with Anupreksha Jain, says the company expects to raise an additional $100-150 million in the coming months via this route. Edited excerpts:

time to read

2 mins

January 27, 2026

Business Standard

Accel sees Amagi as a long-term Cloud play

When Amagi went public on January 21, it marked a rare moment for India's capital markets:

time to read

3 mins

January 27, 2026

Business Standard

Business Standard

E2W companies seek PM E-DRIVE subsidy extension beyond Mar '26

India’s electric two-wheeler (e2W) manufacturers have urged the government to extend subsidies under the PM E-DRIVE (Electric Drive Revolution in Innovative Vehicle Enhancement) scheme beyond March 2026, cautioning that a withdrawal could slow near-term demand even as confidence in long-term electric mobility adoption remains intact.

time to read

2 mins

January 27, 2026

Business Standard

Private capex tumbles for second straight qtr in Q3

Fresh private-sector capex plans dropped sequentially for a second straight quarter between October and December 2025 (Q3FY26), even as government projects rebounded after six months of decline to lift overall new investment plans 4.6 per cent over Q2 levels to ₹15.7 trillion, shows data from investment monitoring firm Projects Today.

time to read

3 mins

January 27, 2026

Business Standard

Business Standard

Marico to buy majority stake in 4700BC popcorn maker from PVR Inox

All-cash deal to be worth ₹226.8 crore

time to read

2 mins

January 27, 2026

Business Standard

With Gen AI, billing models more outcome-based: TP India head

French business process outsourcing company (BPO) Teleperformance, now rebranded TP, with about 90,000 employees in India, counts the country among its most profitable and high- growth markets. TP India head Maneesh Daga, who joined the company last year, says in a video interview to Avik Das that BPO companies are shifting from low- end work to higher-end outcome-driven projects with the help of artificial intelligence (AI). Edited excerpts:

time to read

3 mins

January 27, 2026

Business Standard

How safe is your money if you tap & go? Some facts about digital payment system

Digital “tap & go” payments have become part of everyday spending, allowing users to make contactless transactions that are practical, convenient and secure.

time to read

1 min

January 27, 2026

Business Standard

Business Standard

Niti vs niyat in farm policy

An agricultural loan authority should be part of Budget 2026

time to read

4 mins

January 27, 2026

Business Standard

Govt bond mkt may face ₹30.5 trn supply test

The domestic bond market may come under renewed pressure as state governments’ borrowing requirements are expected to rise following the revamp of the rural employment programme under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G.

time to read

3 mins

January 27, 2026

Business Standard

Negotiations over, India-EU FTA set for rollout in 2027

Deal likely to be announced today; legal scrubbing, pact signing may take 5-6 mths

time to read

2 mins

January 27, 2026

Listen

Translate

Share

-
+

Change font size