Artificial Intelligence, AI

You might think economists would have a simple handle on such a straightforward query, but the both macroeconomics and AI are complex

AI could have a surprising effect on interest rates

Bloomberg

Photo: Bloomberg

One reason the current economic situation is so fraught is that world is facing 3 kinds of business-cycle mechanisms at the same time. First 2 are well-known, but the third - Austrian theory is not

Austrian theory of business cycle is key to explain upcoming Recession

British Chancellor of the Exchequer Rishi Sunak leaves Downing Street on the day of the Spring Statement, in London (Photo: Reuters)

Rishi Sunak

With Rishi Sunak as prime minister of the UK, it is now impossible to deny what has been evident for some while: Indian talent is revolutionizing the Western world

Rishi Sunak shows the growing influence of Indian talent in the West

india-pakistan

Yet their current bilateral trade is only $514 million, and it is not easy to travel between the two countries

In a sane world, India and Pak ought to be super-close economic partners

Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don't buckle up.
The National Highway Traffic Safety Administration said Monday that it finalised the rule, which also requires enhanced warnings when front seat belts aren't fastened.
The agency estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect, according to a statement.
The new rule will apply to passenger cars, trucks, buses except for school buses, and multipurpose vehicles weighing up to 10,000 pounds.
Before the rule, seat belt warnings were required only for the driver's seat. Under the new rule, outboard front-seat passengers also must get a warning if they don't fasten their belts. Front-centre seats will not get a warning because NHTSA found that it wouldn't be cost effective. The agency said most vehicles already have warnings for the outboard passenger seats.
The rule also lengthens the duration o

car Seat belt

Union Home Minister Amit Shah on Monday said all security forces and agencies should make joint efforts to completely eliminate Left Wing Extremism by March 2026.
He was speaking while chairing a review meeting to assess Left Wing Extremism (LWE) situation in Chhattisgarh.  Chief Minister Vishnu Deo Sai, Deputy Chief Minister Vijay Sharma, Union Home Secretary Govind Mohan, Chief Secretary and Director General of Police of Chhattisgarh and Director Generals of Central Armed Police Forces (CAPFs) were present in the meeting, an official release said.  During the meeting, Shah asked all forces and agencies to make joint efforts towards achieving the goal of complete elimination of LWE by March 2026, it said.  Chhattisgarh police and other security forces have worked very well in a coordinated manner in the fight against Naxalism and inflicted maximum damage on the ultras in the last one year, which is a huge success, the statement quoted Shah as saying.  "We still have a lot to do to ..

Amit Shah, Home Minister

Palestinian security forces have launched a rare crackdown against local militant groups in the northern West Bank, sending in armoured cars and engaging in fierce gunbattles that have killed at least two people in the volatile area.
The raid marks an unusual step for the Palestinian Authority, the governing body for semi-autonomous pockets in the occupied West Bank that is internationally recognised but has largely lost control of militant strongholds such as Jenin, where forces operated through the weekend and into Monday.
Israeli troops have stepped into the vacuum in recent years, particularly since the Oct. 7, 2023, Hamas militant attack that triggered the ongoing war in Gaza. Palestinian health officials say 811 Palestinians have been killed since then in the West Bank, most by Israeli raids into Palestinian cities and towns. Israel says most of the dead have been militants.
On Saturday, Palestinian security forces said they had begun the operation in the Jenin refugee camp, a

Rafah, Israel-Gaza, Gaza, damage

The Andhra Pradesh Capital Region Development Authority (APCRDA) chaired by Chief Minister N Chandrababu Naidu has approved infrastructure works worth Rs 24,276 crore in greenfield capital Amaravati, Municipal Minister P Narayana on Monday said.
The minister said the approval during the 43rd APCRDA meeting caters to trunk roads, layouts and iconic buildings.
The 43rd CRDA meeting approved Rs 24,276 crore funds for the construction of trunk roads, layouts and iconic bhavans (buildings) in Amaravati capital, said Narayana addressing a press conference at the secretariat.
He said that a total of Rs 45,249 crore funds were approved in the past four CRDA meetings.
Narayana said that the upcoming Assembly building in the greenfield capital would be built in an area of 103 acres, stretching up to 11.2 lakh sq ft and will reach a height of 250 metres.
When the Assembly is not in session, he said people can visit the top of the building to enjoy a bird's eye view of the capital while the 2

N Chandrababu Naidu, Chandrababu, Naidu

European Union nations on Monday set out conditions for lifting sanctions on Syria and kick-starting aid to the conflict-ravaged country amid uncertainty about its new leaders' intentions just over a week after they seized power.
At a meeting in Brussels, the EU's top diplomats said they want guarantees from members of Syria's interim government that they are preparing for a peaceful political future involving all minority groups, one in which extremism and former allies Russia and Iran have no place.
Since Damascus fell on Dec 8 and leader Bashar Assad fled to Moscow, Syria's transition has been surprisingly smooth. Few reports have surfaced of reprisals, revenge killings or sectarian violence. Most looting or destruction has been quickly contained.
But the new leadership has yet to lay out a clear vision of how Syria will be governed. The interim government was set up by former opposition forces led by the Islamic militant group Hayat Tahrir al-Sham, or HTS, a former al-Qaida ...

Syria, Syrian Rebels

Parliament winter session 2024 updates: After Lok Sabha, two-day discussion on Constitution to begin in Rajya Sabha from today; catch all LIVE updates

election

Markets Today LIVE: Investors in India are likely to remain cautious amid mixed global cues as investors here and elsewhere await key policy rate decision from the US Federal Reserve later this week

markets

With the latest offer, the company's dividends have reached to about Rs 17,000 crore for the financial year through March 2025

Vedanta

Shares of Enviro Infra Engineers hit a new high of Rs 324, as they surged 10 per cent on the BSE in Monday's intra-day trade amid heavy volumes in an otherwise weak market

Sensex, Nifty, stock brokers

In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.

Buy, Sell, markets, stocks, shares, investments, mutual funds, investors

In response to the PLA's activities, the MND initiated war-preparedness drills at strategic locations across the island

China Taiwan

US President-elect Donald Trump has called for the "shooting down" of the mystery drones that have been appearing in various parts of the country.
These drones were first spotted in New Jersey a few days ago and are now being seen in other areas as well.
The federal government and the White House have so far maintained that these do not pose any national security threat and nor there is any evidence of a foreign hand in it. The appearance of the mystery drones, however, continues to be the subject of investigation.
"Mystery Drone sightings all over the Country. Can this really be happening without our government's knowledge? I don't think so," Trump said on Friday in a post on Truth Social, a social media platform owned by him.
"Let the public know, and now. Otherwise, shoot them down!!! DJT," he said with his personal signature at the end of the post.
The White House on Thursday said there was no evidence yet that the reported drone sightings pose a national security or a public 

Donald Trump, Trump

A federal appeals court has left in place a mid-January deadline in a federal law requiring TikTok to be sold or face a ban in the United States, rejecting a request made by the company to halt enforcement until the Supreme Court reviews its challenge of the statute.
Attorneys for TikTok and its China-based parent company, ByteDance, are expected to appeal to the Supreme Court.
It is unclear if the nation's highest court will take up the case, though some legal experts have said they expect the justices to weigh in due to the types of novel questions it raises about social media, national security and the First Amendment.
TikTok is also looking for a potential lifeline from President-elect Donald Trump, who promised to save the short-form video platform during the presidential campaign.
Attorneys for TikTok and ByteDance had requested the injunction after a panel of three judges on the US Court of Appeals for the District of Columbia Circuit sided with the US government and rejecte

Tiktok

Assam Chief Minister Himanta Biswa Sarma laid the foundation stone for the Jorhat town water supply scheme and also launched a series of transformative initiatives, aimed at fostering growth and progress in Jorhat district.CM Sarma, addressed the "long-standing issue faced by the people of Jorhat," to facilitate safe drinking water to the people."The Drink from Tap (DFT) project will involve a financial outlay of Rs. 220 crore which will ensure clean and uninterrupted 24X7 water supply by leveraging advanced technology and modern infrastructure," read a statement from the Chief Minister's Office.These initiatives span across various sectors, including Education, Industries  &  Commerce and Public Enterprises, Revenue and Disaster Management, and Finance, and aims to underline Assam Government's commitment to the overall development of the state and the well-being of its people."It may be noted that this event marks a significant phase in the government's "12 Days of Development" ..

Himanta Biswa Sarma, Himanta Biswa, Himanta

Constitution debate 2024 LIVE updates: Stay with us for all the news updates from the ongoing Lok Sabha session

Modi, Narendra Modi

While Jaiswal flicks the ball on the pads straight to square leg fielder Mitchell Marsh, Gill tried to play an extravagant drive and managed an outside edge to flying Marsh at gully region.

Virat Kohli

With Siraj expected to unleash some more theatrics in the second session, lets take a look how Siraj's ploy helped Nitish Reddy getting the wicket of Marnus Labuschagne.

Siraj vs Labuschagne controversy on Day 2 of India vs Australia 3rd Test

The idea had been acquiring currency across ideological lines for some time and has been given greater legitimacy by Trump

Paracetamol, a common over-the-counter medication, may increase the risk of gastrointestinal, heart- and kidney-related complications among adults aged 65 and above, a new study has found.
Taken commonly for treating mild-to-moderate fever, paracetamol is also the first drug recommended for treating osteoarthritis -- a chronic condition causing pain, stiffness and swelling in the joints due to wear-and-tear -- as it is considered effective, relatively safe and accessible.
However, some studies have provided evidence to contest the effectiveness of paracetamol in relieving pain while others have shown increased risks of gastrointestinal side effects, such as ulcers and bleeding, from prolonged use.
The latest study, conducted by researchers from the University of Nottingham, UK, found that paracetamol use was linked to a 24 per cent and 36 per cent increase in risk of peptic ulcer bleeding (bleeding due to ulcer in the digestive tract) and lower gastrointestinal bleeding, ...

paracetamol, pharma, drugs, medicine, health

Tyler Cowen

Tyler Cowen

Tyler Cowen

AI could have a surprising effect on interest rates

Austrian theory of business cycle is key to explain upcoming Recession

Rishi Sunak shows the growing influence of Indian talent in the West

In a sane world, India and Pak ought to be super-close economic partners

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US to need PVs to sound alarms if rear passengers don't fasten seat belts

Amit Shah asks forces to coordinate to eliminate Naxalism by March 2026

Palestinian security forces launch crackdown on militants in West Bank

CM-led APCRDA approved infra works worth Rs 24,276 cr: Andhra minister

EU seeks assurances from Syria's leaders in exchange for dropping sanctions

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