Devendra Fadnavis oath taking ceremony live: Shiv Sena chief Eknath Shinde had indicated that he was reluctant to join the new government as deputy CM. Catch all the latest live updates here

Prime Minister Narendra Modi, Maharashtra Governor CP Radhakrishnan, BJP leader Devendra Fadnavis and NCP (Ajit faction) leader Ajit Pawar

Market Live: Investors in the domestic market are likely to remain cautious, while engaging in stock specific action, ahead of the RBI MPC meeting's announcement tomorrow

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India's swelling urban middle class has been the engine of its growth for far longer than government capex has

Urban spending

Here is the best of Business Standard's opinion pieces for today

India’s efforts to address climate change are misaligned with what is required to protect its people and farms from extreme heat

India's efforts to address climate change are misaligned with what is required to protect its people and farms from extreme heat

President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2 million to a Trump-backing super PAC.
Trump, in a post on his Truth Social site Monday evening, announced he was selecting Stephens to be the U.S. ambassador to the Court of Saint James. The Senate is required to confirm the choice.
Warren has always dreamed of serving the United States full time. I am thrilled that he will now have that opportunity as the top Diplomat, representing the U.S.A. to one of America's most cherished and beloved Allies, Trump said in in his post.
Stephens is the chairman, president and CEO of Little Rock, Arkansas-based financial services firm Stephens Inc., having taken over the firm from his father.
Trump has already named many of his nominees for his Cabinet and high-profile diplomatic posts, assembling a roster of staunch loyalists. Over the weekend, Trum

Trump

Stocks to Watch, Dec 3: From Adani Group to Cipla here are few stocks that will be eyed today

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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

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

John Nicholson

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

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Home cooked meals became dearer in November compared to the year-ago period due to higher prices of tomato and potato, according to a report on Thursday.
A vegetarian thali's price increased 7 per cent on year to Rs 32.7, primarily on a 35 per cent jump in tomato prices to Rs 53 per kg and 50 per cent increase in potato at Rs 37 per kg, rating agency Crisil's monthly 'Roti Rice Rate' report said.
Additionally, prices of pulses rose 10 per cent, it said, adding that they will decline with fresh arrivals in December, while import duty hike led to a 13 per cent increase in vegetable oil prices.
An 11 per cent decrease in fuel cost due to an LPG price cut that helped ease the pressure on the thali cost.
A non-vegetarian thali cost inched up 2 per cent to Rs 61.5 in November due to a 3 per cent increase in the cost of broilers, which have a 50 per cent weightage in computation.
Compared with October, a 17 per cent decline in tomato prices helped in a 2 per cent reduction in the cost of

thali food plate

Indian businesses should take a "balanced" approach in dealing with China as excessive dependence on its supply chain could be detrimental to India's national interest, External Affairs Minister S Jaishankar said on Thursday.
In an interactive session at industry chamber Assocham, he said the recent resolution of the issues in the remaining friction points along the Line of Actual Control (LAC) in eastern Ladakh has resulted in "some progress" but there is a need for further discussions.
To a question on evolving relations with China, he said with that country accounting for 32-33 per cent of global manufacturing, it is logical that several supply chains will have to go through China.
"It is a reality which we will have to factor (that) into our calculations."
"But it is also a fact that if you become excessively dependent on a single supply chain or in the name of supply chain, you open up your market that it is no longer a supply chain, but your sectors are getting hollowed out. 

S Jaishankar, Jaishankar

In their first diplomatic talks under a key dialogue mechanism since withdrawing troops from two face-off points, India and China on Thursday reflected on the lessons learnt from the eastern Ladakh border row in order to prevent such face-offs in future.
At the meeting of the Working Mechanism for Consultation and Coordination (WMCC) on India-China border affairs in New Delhi, the two sides agreed to maintain peace and tranquillity in border areas in line with bilateral pacts and protocols.
The two sides also prepared for the next meeting of the Special Representatives on the boundary question.
"The two sides positively affirmed the implementation of the most recent disengagement agreement which completed the resolution of the issues that emerged in 2020," the Ministry of External Affairs (MEA) said.
The eastern Ladakh military standoff between India and China began in May 2020 and a deadly clash at the Galwan Valley in June that year resulted in a severe strain in ties between the

India-China flag

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Higher prices of tomato, potato make home cooked meals dearer in Nov

Indian biz should take balanced approach in dealing with China: Jaishankar

In diplomatic talks, India, China agree to maintain peace along LAC

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