Letters to Editor - The HinduBusinessLineSENSEX 76,570.35 -373.93NIFTY 23,914.45 -141.35CRUDEOIL 8,563.00+ 27.00GOLD 152,137.00+ 408.00SILVER 230,270.00+ 721.00SENSEX 76,570.35 -373.93NIFTY 23,914.45 -141.35NIFTY 23,914.45 -141.35CRUDEOIL 8,563.00+ 27.00CRUDEOIL 8,563.00+ 27.00GOLD 152,137.00+ 408.00'; } 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 - September 02, 2026 at 09:08 PM.Anchor investors’ ployThe editorial ‘Failed anchors’ (September 1) accurately reflects the plight of retail investors. Anchor investors receive confirmed allotments at a fair price a day before the IPO, giving retail participants a false sense of confidence that smart money is committing to long-term growth. In reality, anchors exit at the first opportunity. By pocketing a 15-20 per cent profit within three months, anchor investors effectively earn an annualised return of roughly 80 per cent. They churn and recycle this capital across successive IPOs. When they unload these massive holdings upon lock-in expiry, the resulting heavy selling pressure depresses share prices, erodes retail margins, and drags stocks down. It is time the watchdog, SEBI, steps in with stricter norms, raises the minimum anchor investment threshold to at least ₹50 crore, and extends the mandatory lock-in period to 12 months. Without such terms, institutional capital recycling will continue to bleed small retail investors.K NagarajanKarur, TNGrowth challengesThis refers to ‘Resilient performance’ (September 2). The government’s sound economic policies have contributed immensely to achieving 7.8 per cent GDP growth in Q1 of fiscal 2026-27. The policies include: sustained emphasis on capex for infrastructure development; manufacturing incentives; and prudent fiscal planning to balance increased capital expenditure with inflation. The growth, while laudable, should make the government ponder how to ensure that benefits trickle down to the poor as well. Besides, it should be ready to confront the ongoing challenges ahead like private consumption and investment gap, supply chain issues, unemployment and inflation in the midst of weather conditions and geopolitical headingsYG ChoukseyPuneAI triggered dilemmaApropos ‘Pocket’ (September 2). The cartoon captures a dilemma: workers fear losing jobs if AI advances rapidly, while investors fear losses if it fails to deliver. The answer lies neither in resisting technology nor embracing it blindly. Companies should introduce AI gradually, with safeguards, retraining programmes and opportunities for employees to move into new roles. Governments must strengthen skilling initiatives and ensure small businesses are not left behind. Responsible AI adoption, coupled with learning, can help ensure technological progress creates opportunity without making workers or investors bear its costs alone.BA NebobaPerundurai, Erode District, TNPublished on September 2, 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 }