The writer is managing director, Global Macro Research, and India chief economist, Goldman Sachs

Who has won the inflation debate - Team Transitory or Team Permanent?

chart

Inflation

Chart

The rift between those who said inflation was transient and those who thought it permanent partly reflected differences over what caused prices to rise in the first place

Business Standard

IND vs AUS LIVE TOSS UPDATES: With green tinge of the Brisbane pitch and overcast conditions on all five days, all eyes on Cummins and Rohit at the toss

India vs Australia 3rd Test full scorecard

From this book we learn of the trials and tribulations of an MP who wants, in all sincerity, to junk caste and class and just "develop" his constituency

Book

Beyond alienating friends and partners, Mr Trump's tariffs will probably fail to advance his apparent goal of reducing the US trade deficit

The US presidential elections, now a week away, could trigger a reordering in global trade, especially if Donald Trump is re-elected and ratchets up tariffs on China. This is raising expectations in India that it could benefit from an increase in US

Having a left-arm quick of Arshdeep Singh's calibre gives the bowling attack the much-needed heft and variety. It's like having another bow in Team India's quiver, or an ace up their sleeve

Mitchell Starc

According to sources, Prime Minister Narendra Modi will chair the conference on Saturday and Sunday, and is expected to address states' top officials

Modi, Narendra Modi

Latest news updates: Catch all the latest news updates from around the world here

RIL, Reliance, Reliance Industries

Markets Highlights: Friday ended in favour of the bulls, as 41 out of 50 constituent stocks ended in the green, led by Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, and UltraTech Cement

Dalal Street, Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

Reliance

Stock market crash: The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082

bear market, stocks, sensex, nifty, loss, growth, crash, index

Allu Arjun was arrested over a stampede at the Pushpa 2 premiere in Hyderabad, which led to a woman's death and her son's hospitalisation

Allu Arjun

Stock market today: What are the key support, resistance levels for the Nifty Pharma, and Energy indices? What should be the trading strategy? Here is your trading guide for stock market today

Equity markets around the world continue to be on a tear. The MSCI Global Equity Index is close to its lifetime highs, up a staggering 30 per cent over the last year. But it is not just equities; all asset classes have thrived in recent months.

Sanjay Bhandari, a consultant in the defence sector wanted in India on alleged tax evasion and money laundering charges, began an appeal in the High Court in London on Tuesday against his extradition order.
The 62-year-old businessman had won permission to appeal against a November 2022 Westminster Magistrates' Court ruling clearing his extradition earlier this year.
His lawyers began making their arguments in the case, which is listed for a three-day hearing this week with the judgment expected in the new year.
Lord Justice Timothy Holroyde and Justice Karen Steyn began hearing representations from barristers James Stansfeld and Edward Fitzgerald at the Royal Courts of Justice on three main grounds of appeal  whether the bar for criminality had been met in the English jurisdiction, whether a prima facie case had been made and whether the accused faces a risk of violence in an Indian prison.
The Crown Prosecution Service (CPS), appearing on behalf of the Indian authorities, will ..

tax, taxes, taxation, tax evasion, I-T raids, Income tax

Pollution levels in Yamuna river in Delhi remain high with fecal coliform concentrations peaking at 79 lakh units per 100 ml (MPN) at Asgarpur where the river exits Delhi, according to the latest water quality report for November.
The figure matches the peak recorded in October, which was the highest concentration since December 2020, data from Delhi Pollution Control Committee (DPCC) showed.
Fecal coliform, a marker of sewage contamination, has a permissible limit of 2,500 units per 100 ml, as per the Central Pollution Control Board (CPCB).
The last recorded instance of higher levels was in December 2020, when concentrations reached 120 crore units per 100 ml.
The DPCC's monthly water quality report, released in compliance with a National Green Tribunal order, highlighted that while fecal coliform levels at Palla -- where the river enters Delh -- were 1,100 units per 100 ml, the concentration rose significantly downstream as sewage-laden drains entered the river.
Dissolved oxygen

Pollution, New Delhi Pollution, Water Pollution, Yamuna, Delhi Yamuna

On the second day of the 'Rising Rajasthan' Global Investment Summit 2024, a thematic session titled 'Agri-Business InnovationsThe session was attended by key dignitaries, including Shivraj Singh Chauhan, Minister of Agriculture and Farmers Welfare, Government of India, Bhajanlal Sharma, Chief Minister of Rajasthan, Kirodi Lal Meena, Minister for Agriculture, Government of Rajasthan, Joraram Kumawat, Minister, Animal Husbandry, Gopalan, Dairy  &  Devasthan, Government of Rajasthan, Gautam Kumar Dak, Minister of State of Cooperative  &  Civil Aviation, Government of Rajasthan.In his address, Chief Minister of Rajasthan, Bhajan Lal Sharma, said, "Under the guidance of Prime Minister Narendra Modi, the Rajasthan government has focused on addressing key challenges in water, irrigation, and power, which are vital not only for agriculture but also for industries and tourism.""In the near future, we will implement a comprehensive water management system to ensure reliable irrigation .

Bhajan Lal Sharma, Bhajan Lal, Bhajan

Every year on Dec 11, people observe International Mountain Day to increase awareness of the value of mountains in preserving the ecological balance of the globe and promoting human well-being

International Mountain Day 2024

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Prachi Mishra

Prachi Mishra

Prachi Mishra

Who has won the inflation debate - Team Transitory or Team Permanent?

Latest News

In this Section

All

India vs Australia LIVE SCORE UPDATES, 3rd Test Day 1: IND vs AUS toss at 5:20 AM IST today

A Maverick in Politics: Profound, truthful, and no-holds-barred like Aiyar

How US President-elect Donald Trump's tariffs could backfire in the future

Left-arm speedsters: The ethereal charm of pace bowling at its peak

PM Narendra Modi to address chief secys at NITI Aayog meet on Saturday

Most Popular

Read

Shared

Commented

Highlights: Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

Market Close Highlights: Fab Friday! Sensex ends 843pts up, soars 2050pts from low; Nifty at 24,768

Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

Sensex plunges 1200pts, Nifty below 24200; Why stock markets crashed today?

Allu Arjun arrested over woman's death in stampede at Pushpa 2 premiere