Best of the Week: Arrival in Nara
Live MintDear reader, First off, I'd like to thank my colleagues Sashind Ningthoukhongjam and Ranjani Raghavan for taking over Best of the Week for a couple of editions in December, while Siddharth and I enjoyed some time off. The Indian stock market mirrored this consumption dynamic: Nifty Realty and Nifty India Consumption indices performed strongly due to a trend toward premiumization. 📉 The Indian stock market experienced significant volatility in 2024, with the Nifty 50 plunging nearly 11% from its September peak amid heavy foreign investor selling and a weakening rupee. However, the tide turned in 2024: district courts disposed of more cases than usual, making it the first time in our country's history that the number of resolved cases exceeded pending ones. Shelley Singh writes that Elon Musk's interest in hiring more workers via the H-1B visa is at loggerheads with US president-elect Donald Trump's conservative supporters, who want tighter immigration norms.