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FILE PHOTO: A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. | Photo Credit: FRANCIS MASCARENHAS The activity of the stock market as the general elections drew to a close has been a subject of controversy. Indian stocks hit record highs after…
Read More “Were retail investors hurt by the June 4 market crash? | Data” »
Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference in Washington, DC. | Photo Credit: Getty Images via AFP The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March…
Read More “U.S. Fed holds interest rates, now sees just one cut this year” »
A false-coloured scanning electron micrograph of HIV-1 budding (in green) from cultured lymphocyte, 1984. HIV has more variants circulating in a single patient at any given point of time than influenza cumulatively generates in one year in all influenza patients around the world combined, creating a vaccine development nightmare. | Photo Credit: U.S. CDC In…
Read More “Four new studies report progress towards long-awaited HIV vaccine” »
People disembark from a ferry at the Pansodan jetty in Yangon, Myanmar on Nov. 12, 2021. Myanmar, once a thriving emerging economy, is struggling to regain momentum as the country’s civil war increasingly disrupts trade and livelihoods. File | Photo Credit: AP Myanmar, once a thriving emerging economy, is struggling to regain momentum as the…
Read More “Myanmar’s economy in crisis as civil strife disrupts trade and livelihoods” »
Image for representation. | Photo Credit: Reuters India is the world’s second largest source of nitrous oxide (N2O), a greenhouse gas that heats up the atmosphere far more than carbon dioxide. Nearly 11% of such global man-made emissions in 2020 were from India, topped only by China at 16%. The major source of these emissions…
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With prices rising 17.14% in May, pulses have now completed a year of over 10% inflation. File | Photo Credit: The Hindu India’s consumer price inflation eased a tad from 4.83% in April to a one-year low of 4.75% in May, but food price rise remained unchanged at 8.7%, with urban households facing a sharper…
Read More “Rural inflation still over 5%; food inflation nears 9% in urban India” »
The new craters Lal, Mursan, and Hilsa on Mars. | Photo Credit: Special Arrangement The scientists of Ahmedabad-based Physical Research Laboratory (PRL) have discovered three new craters on Mars. They have been discovered in the Tharsis volcanic region (around 21.0 S, 209 W) on Mars. On the recommendation of the PRL, the International Astronomical Union…
Read More “3 craters discovered on Mars by scientists of Physical Research Laboratory” »
State-owned NBCC (India) Limited has bagged a ₹100 crore contract from Oil India to construct a centralised core repository with advanced laboratory facilities, in Guwahati in Assam. In a statement on June 12, NBCC said it has inked a Memorandum of Understanding (MoU) with Oil India for the construction of a centralised core repository with…
Benchmark equity indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level, mainly due to buying in power, capital goods and industrial stocks amid a largely positive trend in global equities. Besides, a heavy rush on select index-heavyweight counters like HDFC Bank and Reliance Industries boosted investors’ sentiment, traders said. In…
Read More “Nifty hits fresh all-time high; Sensex climbs 150 points” »
At the interbank foreign exchange market, the local unit opened at 83.56. | Photo Credit: REUTERS Rupee appreciated 3 paise to close at 83.56 (provisional) against the U.S. dollar on Wednesday, on positive domestic market, wherein benchmark sensitive index Nifty touched a fresh all-time high. Forex traders said rupee is trading in a narrow range…
Read More “Rupee rises 3 paise to close at 83.56 against U.S. dollar” »