By Otmar Issing Following the 2007–08 global financial crisis, the world's leading central banks spent more than a decade unconcerned about inflation. Instead, they focused their efforts on combating deflationary pressures, while academic discourse was dominated by the notion of secular stagnation and its implications for monetary policy. From 2021 onward, however, the picture changed abruptly, and...

The recent meeting between US President Donald Trump and Chinese President Xi Jinping turned out to be a rather tame affair without any breakthrough in the Middle East crisis or the US-China trade war. The whole exercise was seemingly intended to be a grand spectacle that could benefit both the leaders. Trump is going to face tough...

By Sudarshan Iyengar The Election Commission of India is not an ordinary government department. It is a constitutional institution entrusted with something more fundamental than conducting elections: protecting the citizen’s right to choose. Article 324 vests the Commission with superintendence, direction and control over electoral rolls and elections. Its credibility is therefore inseparable from that of Indian...

Aries: Today nostalgia tinges your mood, and this reflects in your dealings at work, where others see your softer side. You even spend carefully, seeming to be wiser regarding your savings. Ganesha sees profits for cashiers and moneylenders. Taurus: You may find yourself compromising against your will today, predicts Ganesha. Stand strong despite things going awry instead...

New Delhi: The Supreme Court Collegium Monday recommended the elevation of Gujarat High Court Chief Justice Sunita Agarwal, Delhi High Court Chief Justice Devendra Kumar Upadhyaya, and Telangana High Court Chief Justice Aparesh Kumar Singh as judges of the apex court. "The Supreme Court Collegium in its meeting held on 28th September, 2026 has recommended elevation of...

Agra/Lucknow: Two Congress leaders were arrested Monday for allegedly defacing the wall and the main gate of Chief Election Commissioner Gyanesh Kumar's home in Agra with the words "Gyanesh Gaddar, Gyanesh Chor" (Gyanesh traitor, Gyanesh thief), police said. The incident unfolded during the Congress workers' protest outside Kumar's house in Vijay Nagar, where they raised slogans and...

Bhubaneswar: The Monsoon Session of the Odisha assembly was adjourned sine die Monday by Speaker Surama Padhy, four days ahead of schedule, amid frequent disruptions. The Monsoon Session had commenced September 22 and was scheduled to continue till October 3. However, keeping in view the continuing heavy rainfall and the flood situation in the state, and to...

Nandapur: The Jolaput reservoir in Bilaput panchayat of Nandapur block in Koraput district released the season’s first floodwater after authorities opened two gates Monday. The reservoir’s water level rose following incessant rain triggered by the low-intensity cyclonic storm Arnab. As the level approached the danger mark, authorities opened two gates to discharge about 8,000 cusecs of water....

Bhubaneswar: The state’s per capita debt burden currently stands at Rs 26,037.70, while its total debt is projected to rise to Rs 1,48,187.82 crore by March 31, 2027, the Odisha Assembly was informed Monday. The per-capita debt refers to the state’s current debt burden divided by its population. It is not an additional amount that each individual...

Bhubaneswar/Sambalpur: Floodwaters have inundated several rivers, including the Mahanadi, following incessant rainfall triggered by a deep depression over the Bay of Bengal. Kataka, Puri, Khordha and Jagatsinghpur districts have been particularly affected, while large parts of Kendrapada district are also under the impact of the floods. Amid the situation, two more sluice gates of the Hirakud reservoir...