Latest news with #Desai
Boston Globe
19 hours ago
- Business
- Boston Globe
Trump says he's ‘solved the inflation problem.' The economic data tell a different story.
Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up In other words, conventional wisdom and Fed officials have been correct and Trump — along with the other unidentified survey participant — have gotten it wrong so far. And a poll released over the weekend indicates most Americans also disagree with Trump's assessment of the economy. Advertisement 'The tariffs were forecast to slow growth and raise inflation,' said Mark Zandi, chief economist at economics and research consulting firm Moody's Analytics. 'That's exactly what they're doing.' Advertisement Inflation had been trending down close to normal the past couple of years since reaching a four-decade high in 2022. But consumer prices have been moving up in recent months, including a 0.3 percent increase in June. Still, Trump continues to claim that inflation is no longer a worry. 'We solved the inflation problem,' Trump told reporters Tuesday. After the Labor Department released the June consumer price index last week, showing the annual inflation rate was up to 2.7 percent, When asked to send a copy of the survey or an online link, White House spokesperson Kush Desai only sent a statement saying that 'the data has clearly vindicated President Trump.' 'So-called economic 'experts' have expended metric tons of hot gas predicting doom and gloom, from inflation to recession, about President Trump's America First economic agenda of tariffs, deregulation, and tax cuts,' Desai said. 'The exact opposite has transpired — inflation has cooled, trillions in historic investment commitments are pouring in, hundreds of thousands of jobs have been created, and billions in tariff revenue are being collected." The survey was not produced after two follow-up requests, either. Regardless of Desai's assertions, Americans don't appear to be buying the White House inflation message. Advertisement A Trump is finding out what other presidents have discovered: it's difficult to spin the public on inflation when they're experiencing the rising prices in their everyday lives. 'Donald Trump lives in his own fact-free bubble,' said Senator Elizabeth Warren, a Massachusetts Democrat. 'Yes, there is inflation. And yes, the direction is upward.' Former president Joe Biden's economic approval rating never recovered after inflation soared starting in 2021. He downplayed the price increases and In Trump campaigned on a pledge to lower prices. But that hasn't happened. 'Where Trump sort of lost the public is that the very first thing he did was increase tariffs, which increased prices, which seemed to go against everything he promised to do,' said Democratic strategist Simon Rosenberg, who closely follows economic data. 'He often tells a false story about what's happening in the economy, and voters, I think, are aware that what he's saying isn't true.' Advertisement But Senator Rick Scott, a Florida Republican and strong Trump ally, said it's too early to judge the president's policies. 'Biden left him in a horrible situation,' Scott said. 'It's going to take some time.' Another Senate Republican, Mike Rounds of South Dakota, highlighted the decline in gas prices in recent months and argued that Trump hasn't really meant to say that there's no inflation at all. 'They understand exactly what he's trying to say, which is, you're not seeing it spike right now,' Rounds said of Americans. 'But it's higher than what we want it to be. We're going to have to continue to focus on bringing it down.' Trump's view that the inflation problem has been solved is at the heart of his The Fed aggressively raised its benchmark interest rate to more than 5 percent starting in 2022 to battle high inflation by slowing the economy. As price growth eased, Fed officials slowly started lowering the rate in 2024. They planned to continue the cuts this year until Trump started raising tariffs while threatening higher ones. Fearful that inflation would accelerate, the Fed halted its rate cuts amid Trump's frequently shifting tariff hikes and deadlines. Many countries are facing high new reciprocal US tariffs on Aug. 1 if they do not agree to trade deals by then or Trump doesn't extend the deadline. Rosenberg said Trump's push for the Fed to lower interest rates shows that administration officials know that inflation is becoming a problem even if they're not saying it publicly. Advertisement 'They know the tariffs are slowing the economy down and raising prices, and they need to do something to lower costs for people and to accelerate the economy,' he said. 'It's an admission that they understand that the tariffs are doing harm to the economy.' Jim Puzzanghera can be reached at
Time of India
3 days ago
- Politics
- Time of India
Jurists call for introspection and compensation upon acquittal in capital offences after prolonged incarceration
Mumbai: The Bombay high court's complete reversal of a guilty verdict, given by a special trial judge a decade ago, for 12 accused in the 11/7 case calls for introspection and a mechanism to compensate the acquitted, legal experts said on Monday. Senior counsel Amit Desai said that strictly legally speaking, the ruling highlights the vagaries of the system, especially when persons are facing a trial that attracts the hangman's noose. By itself, languishing behind bars for years awaiting a ruling on death sentence confirmation, and more so if the accused believes he is innocent and the belief is reinforced publicly by an acquittal by the higher court on merits, the years lost is akin to "mental torture", said Desai. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai He said the time has come for the investigating officer to be made accountable so that the quality of the evidence gathered and placed for scrutiny during a trial measures up with fundamental rights, and the state must be saddled with the burden of compensation for flawed investigations. Several lawyers said failure to produce admissible evidence when procedures are not followed needs to become actionable against such officers, citing the recent Supreme Court bench of Justices Vikram Nath, Sanjay Karol, and Sandeep Mehta. The Supreme Court recently acquitted a man over "faulty investigation, shaky evidence, and non-examination of material witnesses" in a 2011 case and said Parliament can take a leaf from the book of foreign jurisdictions to compensate people acquitted after long incarceration. Senior counsel Anand Grover said cases of custodial torture, when established, need compensation to ensure the rule of law. He cited how the Supreme Court, in a "breath of fresh air" on Monday, ordered the immediate arrest of a person accused of custodial torture and directed the union territory of J&K to pay compensation of Rs 50 lakh to the victim.
Time of India
3 days ago
- General
- Time of India
English-medium admissions double in a year in AMC schools
Ahmedabad: English-medium sections in schools run by the Ahmedabad Municipal Corporation (AMC) have been registering a sustained increase in new primary school admissions with a growing number of parents now preferring English, the most widely spoken language in the world, as a medium of instruction. AMC data revealed that in 2024, 3,953 new students enrolled in English-medium sections in its primary schools, doubling from 1,967 students in 2023. Of these, 1,629 students joined pre-primary schools, while 2,246 were admitted to Class 1, reflecting a growing desire among parents to begin their child's English education early. Dr Lagdhir Desai, municipal school board administrative officer, says the demand has increased so rapidly that eight of the 55 English medium sections are now running at full capacity, with more than 400 students on the admission waitlist. "Parents are becoming increasingly aware of the fact that English opens doors to higher studies and jobs," Desai said. "This demand wasn't present a decade ago." You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad He added that from a single school in Shahpur in 2010, AMC now runs 55 English medium schools across the city, where two more standards (grades) are being added every two years to keep pace with students advancing through classes. Ruchita Shah, principal of AMC's Thaltej Public School's English medium section, which has 273 students and has seen 48 new admissions this year, agrees. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Global Indices Are on the Move — Time to Trade! IC Markets Learn More Undo "Parents now want their children to be confident English speakers. For many, it's a matter of academic aspiration and long-term planning," she said. The trend, fuelled by hopes of access to better prospects and improved language skills, reflects a larger shift in how lower- and middle-income urban families perceive public education.
India.com
4 days ago
- Sport
- India.com
People Assume Rohit...: Former India Fitness Coach Defends Rohit Sharma On Fitness Criticism
Soham Desai, who served as the strength and conditioning coach for the Indian national cricket team for five years, spoke out recently against the persistent criticism surrounding ODI captain Rohit Sharma's fitness regime. Desai is confident that Rohit can absolutely enhance his fitness, but emphasized that the narrative portraying him as someone who doesn't put in the effort is completely false. He also shared his admiration for coaching Virat Kohli, describing Kohli as 'a model athlete' driven by hunger, determination, and sheer will to be the best. Congress spokesperson Shama Mohamed recently stirred controversy by referring to cricketer Rohit Sharma as "fat" in a social media post. She commented that Sharma was "fat for a sportsman" and needed to lose weight. The remark quickly sparked backlash, prompting the Congress party to intervene. Mohamed was asked to delete the post, and the party issued a warning, stating that her comments did not reflect the party's official stance. She was also urged to be more cautious with public statements going forward. In response, Shama Mohamed clarified that her comments were made in a personal capacity and insisted the issue had been blown out of proportion. She also emphasized that she holds Rohit Sharma in high regard and is proud of his achievements. In an interview with the Indian Express, Desai remarked: "People assume Rohit doesn't work hard on his fitness. Given his history, for him to lead at the highest level for four years with a game or two missed is significant. He cannot do that by fluke, right? He must be doing something right. Can he get better? Yes, 100%. He will be the first one to say that. But to assume that he doesn't work hard is a bit much." On working with Virat Kohli, Desai said: "What should I say about Virat? It has been an honour to coach a student like him. A model athlete. He started out wanting to be the best, he got there through sheer will. He was aggressive, hungry and wanted to be number one. Both Rohit and Virat had the same team vision to dominate world cricket they approached it differently." Desai reflected on his experiences with two iconic Indian coaches, Ravi Shastri and Rahul Dravid. He admired their distinct styles but shared the same objective of building a world-dominating side. He explained their approaches: "They are both different individuals, with different approaches but with eye on similar end goals—building a culture/team that dominates world cricket. Ravi bhai used to be precise, direct and clear in his requirements. Then it was on us to work with (Bharat) Arun sir and (R) Sridhar sir and get things done. But he will keep a close eye and notice everything." "Rahul bhai would sit down to understand things in detail. He will first lay out a plan, explain what we are trying to do as a team, this is how we are going to do it, this is where you come in, etc etc. Then it is on us to make plans that compliment the team's plan and if there is a situation that may impact the team's plan, we would communicate and he would always be receptive. Essentially, he was involved and had a bird's eye view on the entire operation.
Indian Express
5 days ago
- Sport
- Indian Express
To assume Rohit Sharma doesn't work hard on fitness is a bit much, says former India strength and conditioning coach
Former Indian team Strength and Conditioning Coach Soham Desai has said that the assumption that Rohit Sharma doesn't work hard on his fitness is misguided, and also applauded Virat Kohli's drive to be a model athlete. 'People assume Rohit doesn't work hard on his fitness. Given his history, for him to lead at the highest level for four years with a game or two missed is significant. He cannot do that by fluke, right? He must be doing something right. Can he get better? Yes, 100%. He will be the first one to say that. But to assume that he doesn't work hard is a bit much,' Desai told The Indian Express in an interview when asked the approaches of the former India Test captain to fitness. 'What should I say about Virat? It has been an honour to coach a student like him. A model athlete. He started out wanting to be the best, he got there through sheer will. He was aggressive, hungry and wanted to be number one. Both Rohit and Virat had the same team vision—to dominate world cricket —they approached it differently.' Desai also had the opportunity to work with two different head coaches in his time with the Indian team – Ravi Shastri and Rahul Dravid. 'Ravi bhai used to be precise, direct and clear in his requirements. Then it was on us to work with (Bharat) Arun sir and (R) Sridhar sir and get things done. But he will notice everything. Rahul bhai will first lay out a plan, explain what we are trying to do as a team, this is how we are going to do it, this is where you come in, etc etc. Then it is on us to make plans that complement the team's plan and if there is a situation that may impact the team's plan, we would communicate and he would always be receptive. He had a bird's eye view on the entire operation,' Desai explained the differences between the two former Indian captains who were in Desai announced on Instagram on May 31 that he was moving on from his role with the Indian team. One of the cricketers to post a farewell note to Desai was Mohammed Siraj, who wrote: 'I wouldn't be where I am today without your belief and relentless support. You helped me rise from tough times, never letting me give up. The sessions were hard, the grind was real, but you always made us feel like we were capable of more and you were right. You were like an elder brother on this journey, and your absence will be felt deeply in the dressing room, in the gym, and in every sprint we run.' Speaking about working with Siraj, who had at tough start to the year after being left out of the Champions Trophy squad, Desai said: 'Whether they are prepping for an ongoing series or they are in the loop to be featured in the upcoming one, they need to be on a plan to be fully ready. Siraj had a tough start to the year. He was devastated and unmotivated. In these moments, the relationship built over the years comes into play. We are able to have those honest/tough conversations and move forward with intent. A proper nine-week plan was laid out. It covered the one-off Ranji game, a break from training and bowling, then gradually built up to IPL whilst also being ready as standby for Champions Trophy.'
