Letters to the Editor dated July 15, 2026 - The HinduBusinessLineSENSEX 77,185.43+ 130.49NIFTY 24,078.50+ 26.45CRUDEOIL 7,585.00+ 1.00GOLD 141,979.00 -278.00SILVER 221,546.00 -1,643.00SENSEX 77,185.43+ 130.49NIFTY 24,078.50+ 26.45NIFTY 24,078.50+ 26.45CRUDEOIL 7,585.00+ 1.00CRUDEOIL 7,585.00+ 1.00GOLD 141,979.00 -278.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>Updated - July 15, 2026 at 09:02 PM.Inflation concernsThe recent rise in retail inflation is a worrying development that deserves urgent policy attention. Although CPI inflation at 3.9 per cent remains slightly below the RBI’s projection, persistent increases in food, transport and restaurant prices continue to erode household purchasing power.Below-normal monsoon rainfall has heightened concerns over agricultural output, raising the risk of further food inflation. At the same time, higher petrol and diesel prices are increasing transportation costs and are likely to trigger a broader pass-through effect, pushing up the prices of essential goods and services.In this challenging environment, the Monetary Policy Committee must strike a careful balance between containing inflation and sustaining economic growth.M JeyaramSholavandan (TN)Positive developmentThis refers to the article ‘Not a taxing matter’ (July 15). The growing shift in behaviour among Indian taxpayers from ‘tax adventurists’ to ‘tax compliant’ is a positive trend that supports the country’s long-term financial health.Entities are increasingly realising the futility of loophole-hunting in tax legislation, which typically results in lengthy and costly legal battles.Simplifying and rationalising complex, cumbersome laws, implementing them transparently through a high level of digitisation, enabling real-time data tracking by multiple agencies, and setting fair, reasonable tax rates have made tax compliance the least risky option, one with the highest long-term value for most entities.Kamal LaddhaBengaluruRealigning educationThis refers to the article ‘Industry-academia alignment must for growth’ (July 15). The article highlights critical challenges in making India’s academia more impactful from a global perspective. The article succinctly highlights the importance of new age technology to be embedded in our curriculum. At the same time the need for closer collaboration between industry and academia has been highlighted.In this context, it is important to highlight that the education courses which are valued and sought after by the economy already have an embedded program of building hands-on experience as part of the learning curriculum.All professional bodies and the industry must come together to find similar solutions so the future talent pool of India remains relevant and supports our economic growth.Pradip MenonKochiPublished on July 15, 2026Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }