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Best of BS Opinion: Ukraine flashpoint, A tribute to RJ, and more

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The first edit says while the central bank would have to navigate the situation of foreign portfolio investments carefully, investors should be prepared for further volatility and sudden changes in market trends. And the second edit says the Ukraine is all-round bad news for India

Akash Prakash: Rakesh Jhunjhunwalla’s impact on the Indian markets and ecosystem is obvious from the wave of condolences. Whether it be politicians, industrialists, investors, global media or the average retail investor, everyone has expressed sadness. What greater tribute?

Dinesh Thakur and Prashant Reddy T describe why the recently unveiled New Drugs, Cosmetics and Medical Devices Bill, 2022 has been a disappointment.

Mahesh Vyas: After its smart recovery in July, consumer sentiments are seen retreating a bit in August. Agriculture has been a saviour

Quote of the day

Whether you’ve met him (Anthony Fauci, infectious disease expert) personally or not, he has touched all Americans’ lives with his work … The United States of America is stronger, more resilient, and healthier because of him.

US President Joe Biden, on Fauci’s departure from the federal government

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