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Robert Hall and Michael Woodford’s work modelling the macroeconomy based on individual agents’ decisions has significant implications for monetary policy. Despite being hailed as providing a rigorous foundation for stabilisation policies, focusing on the individual blinds us to the way the macroeconomy actually works. It may seem paradoxical; John Maynard Keynes’s insight was that the…
Russia bombarded Kyiv with ballistic missiles in an hourslong nighttime barrage, and the Russian military said on Thursday (October 22, 2026) that its air defences intercepted 808 drones fired by Ukraine at Moscow and other cities, in attacks that dampened new hopes of progress in ending the war. At least two people were killed in…
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All India Students’ Association (AISA) President Neha Bora with others after her release from RK Puram police station, in New Delhi, on October 17, 2026. | Photo Credit: PTI All India Students Association (AISA) national president Neha Bora’s counsel argued before the Delhi High Court on Thursday (October 22, 2026) that there was nothing wrong…
The son of Myanmar’s Aung San Suu Kyi said she sounded “fairly healthy” after speaking to the detained ex-democratic leader on Thursday for the first time in more than five years. Suu Kyi, 81, is under house arrest in the capital, Naypyidaw, according to Myanmar authorities, where she has been sequestered since being unseated in…
Read More “Myanmar’s Suu Kyi sounded ‘fairly healthy’, son says after first call in years” »
A warden of a backward classes welfare hostel in Periyakulam in Theni district on Thursday collapsed and died during an inspection. Velmurugan served as the warden of the backward classes welfare hostel on Sothupparai road in Periyakulam. On Thursday evening, Theni District Backward and Minorities Welfare Officer Sureshkumar visited the hostel for an inspection. During…
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Chennai Petroleum Corporation Ltd (CPCL) reported a net profit of ₹2,271 crore for the second quarter of FY2026-27, more than three times the ₹732 crore recorded in the corresponding quarter last year, as its gross refining margin improved sharply. Revenue from operations rose to ₹22,109 crore in the quarter ended September 30, from ₹20,069 crore…
Read More “CPCL net profit more than triples to ₹2,271 crore in Q2” »
Adani Energy Solutions’ net profit more than doubled to ₹1,364 crore in the September quarter, driven by strong performance in its core transmission and distribution businesses. The privately-owned power distributor’s revenue rose 51.3% year-on-year (YoY) to ₹10,239 crore. Profit before tax in the transmission business increased 26.2%, while the distribution business reported a 42.4% rise…
Read More “Adani Energy Solutions’ profit more than doubles to ₹1,364 crore” »
Keralam Chief Minister V.D. Satheesan along with other Ministers during a private farewell programme organised for outgoing Governor Rajendra Vishwanath Arlekar in Thiruvananthapuram on Thursday. | Photo Credit: Special arrangement The United Democratic Front (UDF) government had a warm relationship with outgoing Governor Rajendra Arlekar, Keralam Chief Minister V.D. Satheesan said on Thursday. At an…
Skipper Smriti will be aiming for a winning start. | Photo Credit: FILE PHOTO There’s little that can dent the momentum of a high-flying Indian team at home, in its favourite format – One Day Internationals – hosting a side ranked 11 places below it: Zimbabwe. More so after a dominant 3-0 sweep of the…
Read More “Women in Blue start firm favourites as focus shifts to ODIs” »
The Indian Embassy has issued advisories urging Indian nationals in Saudi Arabia to remain alert, follow instructions issued by local authorities and take shelter indoors during aerial attacks. Representative file image used. | Photo Credit: Getty Images/iStockphoto Two people, including an Indian national, were killed and eight others injured on Wednesday (October 21, 2026) in…
Read More “Indian killed as Houthis attack Saudi Arabia’s Dammam airport” »