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.

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The world is beset with risks - political, geo-political, fiscal and monetary. But markets choose to look the other way, either being blissfully oblivious or wantonly negligent

What's driving complacency in global markets?

Business Standard

Over the last year, the Reserve Bank of India (RBI) has been resolutely focused on aligning headline consumer price inflation (CPI) to its 4 per cent target. This was both understandable and desirable. CPI inflation averaged 6 per cent for four years

It will be important for monetary policy not to inadvertently accentuate asset price inflation, financial exuberance and the associated financial stability risks that come with it

RBI faces a delicate balancing act ahead of key monetary policy meet

chart

The pandemic upended fiscal dynamics all around the world. The sheer quantum of the shock alongside the realisation in many advanced economies that their fiscal response after the 2008 crisis was initially inadequate and subsequently pro-cyclical, de

India's post-pandemic fiscal architecture should be anchored in debt and be holistic (encompassing Centre and states), dynamic (responsive to changing macro conditions), and conservative

Revamped strategy for India's fiscal architecture in post-pandemic times

Jerome Powell, Christine Lagarde

msme, economic growth

Given myriad cross currents across inflation, growth and financial stability, monetary policy in 2024 will have to cross the river by feeling the stones

Let's get real about rates

President Droupadi Murmu on Wednesday stressed the need for extensive research in Ayurveda as it holds remedies for many diseases.
Addressing the 75th Foundation Day celebration of Gopabandhu Ayurveda College here, Murmu said a person can remain disease-free all along life by remaining connected with yoga and nature.
"Research is capable of proving the scientific basis of any method. Evidence builds trust among people and trust widens the path of acceptance," the President said while calling upon Ayurveda students to undertake research.
Stating that she was aware of the method of treatment prevalent among tribal people for treatment of certain diseases, Murmu said that some elder tribal people know about various diseases and the herbs needed to treat them.
"But that traditional knowledge is slowly disappearing. I hope some of you (students) will be interested in exploring the scientific basis of that treatment. By doing so, the method can be saved from extinction and also be ...

Droupadi Murmu, Murmu, President

China has spoken out against Taiwan President Lai Ching-te's phone call with US Representative Nancy Pelosi

China Taiwan

New Delhi [India], December 4: Macho Sporto, a leading mid-premium innerwear brand from JG Hosiery, with its strategic partnership as an associate partner in Bigg Boss 18, has successfully captured the nation's attention with its iconic phrase "Toing".

Bigg Boss 18\'s Toing Man of The Week Contest Creates a Buzz Nationwide!

New Delhi [India], December 4: Zero Carbon One, a pioneering climate impact platform, has announced a groundbreaking collaboration with the National Council for Cement and Building Materials (NCB) to develop an industry-specific Life Cycle Assessment (LCA) software. This innovative solution will revolutionize the building material and construction industry by providing a systematic analysis of the environmental impact of products and services across their life cycles. Additionally, the software will enable the real estate sector to model Bill of Quantities (BOQs) in terms of proposed emissions before laying the first brick. Leveraging advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML), the platform will suggest sustainable alternatives to high-emission materials, ensuring a greener and more sustainable future.

Zero Carbon One to Disrupt the Building Material  &amp;  Construction Sector Globally with Sector-Specific LCA Software

Bhopal (Madhya Pradesh) [India], December 4: The Jagran School of Design at Jagran Lakecity University hosted three-days Bhopal Design festival 2024 in November, featuring inspiring keynotes, engaging panel discussions, interactive workshops, and competitions, redefining the role of design in cultural and ecological transformation.

Ways of Nature - Decolonizing Design: 2nd Bhopal Design Festival 2024 by Jagran School of Design

A decisive move above 24,537 is likely to open the next upside target of 24,900 in the near term. The immediate support is placed at 24,300, as per the concept of change in polarity

global stocks

The airline rankings methodology takes into account customer claims processed worldwide, as well as outside data tracking on-time arrival and departure performance for every plane

indigo airlines, indigo

A man attempted to shoot Sukhbir Singh Badal at Amritsar's Golden Temple as he served his penance under religious punishment

Sukhbir Singh Badal shot at

India's Food Safety Authority has reclassified packaged drinking water as 'high-risk food', triggering stricter safety checks and audits to ensure consumer health and product quality

water, bottled water, water bottles

Cinema exhibitors told Business Standard that the movie will first be released in 2D, meaning Allu Arjun's fans will have to wait for the 3D version

Pushpa 2: The Rule

On November 29, amid continuous sloganeering by opposition MPs in both Houses for the fourth straight day, Parliament was adjourned till December 2 (Monday), failing to conduct substantial business

Jairam Ramesh, Jairam

Mumbai Cyber Police has lodged an FIR against a man who claimed he could hack EVMs by isolating machine frequency, Election Commission (EC) officials said.
The complaint in the matter was lodged by the Maharashtra chief electoral officer (CEO), alleging that the claims made by the accused, Syed Shuja, were false, baseless and unsubstantiated, they said.
The FIR was registered under the Bharatiya Nyaya Sanhita (BNS) and the IT Act at Cyber Police Station, Dakshin Mumbai on November 30 "against the person in this video", the CEO said.
The EC action came after some social media users shared a video in which a man is heard claiming that he could hack and tamper with electronic voting machines (EVMs) in the Maharashtra elections by isolating the machine's frequency.
EC officials here identified the man as Syed Shuja.
In 2019, the EC ordered filing of an FIR against Shuja for making similar claims.
"In a similar incident involving false claims, an FIR was lodged on the direction of the

ECI, election commission of india, election commission

Maruti Suzuki India on Sunday reported a 10 per cent year-on-year increase in its total sales at 1,81,531 units in November.
The automaker had dispatched 1,64,439 units to its dealers last November last year.
Total domestic passenger vehicle wholesales were at 1,41,312 units as compared with 1,34,158 units in the year-ago month, a growth of 5 per cent, it added.
Sales of mini segment cars, comprising Alto and S-Presso, stood at 9,750 units as against 9,959 units in November 2023. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR, declined to 61,373 units as compared to 64,679 units in the year-ago month.
Utility vehicles, consisting of Brezza, Ertiga, Grand Vitara and XL6, clocked sales of 59,003 units last month as compared to 49,016 units earlier.
Sales of van Eeco were at 10,589 units last month as against 10,226 units in November 2023, while that of light commercial vehicle Super Carry stood at 2,926 units as against 2,509 units earlier.

Maruti Suzuki Swift CNG launched in India

Real estate developer DRA Homes has set an ambitious target of generating Rs 1,000 crore in revenue by the financial year 2026-27, the company said on Sunday.
DRA Homes plans to expand into the Pune market as part of its three-year growth strategy while strengthening its presence in Bengaluru.
The company has also roped in popular actor Rashmika Mandanna as its national brand ambassador to fuel its growth plans.
DRA Homes reported revenues of Rs 300 crore in FY2023-24 and is projected to achieve Rs 500 crore in FY2024-25.
DRA unveiled its strategic growth plan to achieve Rs 1,000 crore in revenue by FY2026-27. On track to achieve Rs 500 crore in revenue for FY2024-25, the company plans to drive its growth over the next three years by entering the Pune market and expanding its presence in Bengaluru by the next financial year, according to a statement released on Sunday.
Additionally, DRA Homes plans to strengthen its presence in Chennai by adding 2.7 million square feet of space ..

real estate

Tata Consumer Products sees a huge opportunity in the coffee business in India and will focus on scaling up cafes under its joint venture Tata Starbucks, according to its MD & CEO Sunil D'souza.
Tata Starbucks, a 50:50 JV between Tata Consumer Products Ltd (TCPL) and Starbucks Corporation which runs Starbucks cafes in India, plans to take the number to 1,000 cafes by FY2027-28.
The JV has 457 stores across 70 cities as of the September quarter.
TCPL also expects growth from its vending business Tata MyBistro', a relatively new entrant in the segment offering a variety of coffee, tea and other drinks mainly to institutional customers.
"With Starbucks, we are very clear that the store profitability is not an issue. And as we get to scale, we know that we can generate profits out of it," D'souza told PTI.
Though, now Starbucks with over 500 outlets has become the largest coffee chain in the country," though it is "significantly under-penetrated" in comparison to similar per capita ..

Sunil D'Souza, MD and CEO of Tata Consumer Products

These investment vehicles are increasingly seen as essential tools for high-net-worth individuals and ultra-high-net-worth individuals  looking to achieve superior returns, greater diversification

Saving, Save Money

"The GoM on rate rationalisation has completed its report, which proposes major adjustments to tax rates on 148 items, with a particular focus on the textile industry"

The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation, led by Deputy Chief Minister of Bihar Samrat Chaudhary, on Monday recommended a new slab of 35 per cent for tobacco, tobacco products and aerated drinks, according to

Foreign direct investment in India rose by 45 per cent year-on-year to USD 29.79 billion in April-September this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data.
FDI inflows were at USD 20.5 billion in April-September 2023-24.
In the July-September quarter, the inflows grew by about 43 per cent year-on-year to USD 13.6 billion against USD 9.52 billion in the same quarter last fiscal.
The foreign direct investment in India was up 47.8 per cent to USD 16.17 billion in the April-June quarter.
Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 28 per cent to USD 42.1 billion during the first half of this fiscal from USD 33.12 billion in April-September 2023-24, the Department for Promotion of Industry and Internal Trade (DPIIT) data showed.
During the April-September period this financial year, FDI equity inflows rose from major countries, including Mauritius (USD 5.34 billion against USD 2

dollars

The statue is located near the Kashmiri Gate in Delhi, where Nicholson died during the 1857 rebellion

John Nicholson

This policy comes at a time when growth is slowing, inflation is still pretty high, and the rupee has started losing value against the dollar

Sajjid Z Chinoy

Sajjid Z Chinoy

Sajjid Z Chinoy

What's driving complacency in global markets?

RBI faces a delicate balancing act ahead of key monetary policy meet

Revamped strategy for India's fiscal architecture in post-pandemic times

Let's get real about rates

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Prez Murmu calls for extensive research in Ayurveda for disease remedies

Taiwan tells China to respect diplomatic norms amid rising tensions

Bigg Boss 18's Toing Man of The Week Contest Creates a Buzz Nationwide!

Zero Carbon One to Disrupt the Building Material & Construction Sector Globally with Sector-Specific LCA Software

Ways of Nature - Decolonizing Design: 2nd Bhopal Design Festival 2024 by Jagran School of Design

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Stocks to buy: Nandish Shah of HDFC Securities suggests two smallcap shares

IndiGo named one of the worst airlines as global rankings are unveiled

Ex-terrorist opens fire at Sukhbir Singh Badal at Golden Temple, arrested

Packaged drinking water in India is now a 'high-risk food': Here's why

Pushpa 2: The Rule likely to become India's biggest box office hit