Latest News

Indian industry must wake up to new order

Indian industry must shed its complacence and spend more in research and development. (Getty Images)
Published on Aug 28, 2026 06:15 am IST

When regulations go beyond bigger sticks

A rule backed only by the threat of punishment works only if people believe they will be caught. Where enforcement is infrequent, the rational response may be to ignore the rule if the cost of complying is greater than the perceived chance of being punished. (Photo credit: HT Archive)
Published on Aug 28, 2026 06:14 am IST
Story Saved
Saved Articles
Following
My Reads
Sign out
Get App
crown-icon
Subscribe Now!