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WorldPhoto: HT World

Nobel Prize in Economics Highlights Importance of Fed's Forward Guidance

The Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics to Michael Woodford and Robert Hall, pioneers of central bank forward guidance and household expectations research. This comes as Federal Reserve Chair Kevin Warsh has discouraged the use of forward guidance, reducing communication and transparency about monetary policy. The award may encourage reconsideration of these communication policies.

HT World·

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BusinessPhoto: Business Standard

ReNew Secures $100 Million from Dutch Bank FMO for Renewable Projects

ReNew, a renewable energy company, secured a $100 million financing facility from Dutch development bank FMO. The 10-year funding under the Voluntary Retention Route supports renewable projects under construction across ReNew Group. CFO Kailash Vaswani highlighted the stable, long-term capital access and diversified funding. The facility aligns with the 2X Challenge promoting women's economic empowerment. ReNew's portfolio includes 20.5 GW clean energy and expanding solar manufacturing capacity.

Business Standard·

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HealthPhoto: HT Health

Nutritionist Shares Creamy High-Protein Red Sauce Pasta Recipe

Nutritionist Aathira Sethumadhavan shared a quick, one-pot creamy red sauce pasta recipe that provides 20 grams of protein and 380 calories per serving. The dish features a roasted vegetable peri peri sauce made creamy with cashews and high-protein paneer, tossed with shirataki noodles. It is designed as a convenient, nutritious, and flavorful dinner option.

HT Health·

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HealthPhoto: HT Health

Psychotherapist Mansi Poddar on AI and Emotional Connection

Psychotherapist Mansi Poddar discusses the growing role of AI chatbots in providing emotional support and companionship. While AI offers useful insights and helps organize thoughts, Poddar emphasizes that it cannot replace human connection, which remains essential for emotional well-being and mental health. She highlights the importance of relationships with friends, family, and community over AI as a substitute for therapy.

HT Health·

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PoliticsPhoto: The Hindu

Supreme Court delays Rahul Gandhi's plea hearing over defects

The Supreme Court has not listed Rahul Gandhi's plea for hearing due to 14 flagged defects. One major issue is the absence of a clear copy of the ID card of Congress president and Rajya Sabha Leader of Opposition Mallikarjun Kharge, a co-petitioner in the case, as per the court's website.

The Hindu·

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SciencePhoto: Firstpost

October Heatwave Worsens Maharashtra's Water Crisis

Maharashtra faces a worsening water crisis due to a deficient monsoon, rising October temperatures, and El Niño concerns. With drought declared in 265 talukas, cities are imposing water cuts and penalties for wastage. Farmers fear significant crop losses and potential vineyard destruction by 2027, as reservoirs remain under severe pressure.

Firstpost·

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