A week in review: Here are the top stories from this week

High inflation at a time of contracting growth cannot last and so one may argue the Reserve Bank needn’t worry much. But the coexistence of the two even for a quarter or two can seriously reduce options to spur growth and what’s worse, endanger financial stability, writes Latha Venkatesh.

Infosys managing director and chief executive officer Salil Parekh on Wednesday said  there are a lot of players which are now building cloud ecosystems with the way Indian companies started to build with different companies.

BJP and Amit Shah while asking for votes in the Delhi elections canvassed on national issues: Terrorism, danger from Pakistan, etc. In fact, it roped in Yogi Adityanath, the chief minister of UP, who spoke of biryani, etc. in his speeches and tried to raise the communal temperature. While all this could have potentially worked in a national election, it fell flat in a local election, writes Kingshuk Nag.

Knowing President Trump, it would be difficult to put a trade war with the EU beyond him. The first round experience with China will encourage him in that. Given his immediate affection for France, his administration may evaluate imposing tariffs on $2.4 billion of French products. This would be articulated as a retaliatory action on France to punish the country for its new tax on digital services. The US has indicated that France's tax, which affects large American technology firms, represents a barrier to trade. The EU will however retaliate aggressively, writes K. Shankar.