Month: February 2025

January 2025 was warmest on record despite La Nina’s cooling effect: EU climate agency

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Although signs of La Nina were visible in the central Pacific, ocean temperatures in the eastern Pacific remained above normal, suggesting that the shift toward La Nina may be slowing or stalling. | Photo Credit: AFP The planet experienced its warmest January on record last month despite the development of La Nina, a climate pattern…

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Science

Markets trade lower after initial optimism ahead of RBI policy decision

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Sensex and Nifty were trading lower amid RBI caution, foreign fund outflows on February 6, 2025. Benchmark indices Sensex and Nifty gave up early gains and were trading lower on Thursday (February 6, 2025) amid caution ahead of the Reserve Bank of India’s (RBI’s) monetary policy decision and fresh foreign fund outflows. The 30-share BSE…

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Business

Rupee falls 14 paise to hit record low of 87.57 against U.S. dollar in early trade

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Image for representation | Photo Credit: Reuters The rupee depreciated 14 paise to hit record low of 87.57 against the U.S. dollar in early trade on Thursday (February 6, 2025) weighed down by anticipation of an RBI rate cut and weak economic data. Forex traders said the Indian rupee opened on a weak note and…

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Business

A question for the AI age: do machines and humans learn the same way?

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The dramatic surge of artificial intelligence (AI) has also made visible the machines humming underneath to make its applications possible. From their origins in being able to separate data into different groups, AI today excels at too many tasks to count. Just in 2024, smartphones have started to be sold with AI models built into…

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Science

Reliance to double investments in West Bengal by end of decade, says Mukesh Ambani

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West Bengal Chief Minister Mamata Banerjee with Mukesh Ambani at the 8th edition of Bengal Global Business Summit on February 5, 2025 | Photo Credit: Debasish Bhaduri Reliance Industries chairman Mukesh Ambani on Wednesday (February 5, 2025) said that the group will double its investment in West Bengal by the end of the decade. “In…

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Business

A Budget that is mostly good but with one wrong move

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‘The overarching aim of the Budget was to accelerate growth and push India towards a developed country status’ | Photo Credit: PTI The Union Budget has got many things right. Its projection of nominal GDP growth for 2025-26, at 10.1%, is reasonable and acceptable. The Economic Survey 2024-25 had indicated a real GDP growth in…

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Business

A tough call: On the RBI MPC’s first policy review of 2025

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The Reserve Bank of India’s Monetary Policy Committee (MPC) will conclude its first policy review of 2025 on Friday (February 7, 2025), in significantly different circumstances from its December 2024 meet. For one, the key personnel have changed. The RBI has a new Governor, with former Revenue Secretary Sanjay Malhotra replacing Shaktikanta Das soon after…

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Business

A green signal for India to assert its health leadership

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‘It is our collective responsibility now to build on this momentum’ | Photo Credit: Getty Images/iStockphoto The Union Budget 2025-26 lays a robust foundation for India to assert its leadership in global health care and innovation, with strategic announcements that bolster medical infrastructure, expand educational opportunities, and promote global collaboration. With a ₹90,958 crore health-care…

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Business

Advancements in protein structure research will lead to a new way of doing medicine: computational biologist

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Prof. Janet Thornton. | Photo Credit: MURALI KUMAR K We have come a long way in understanding the structure of proteins, but in translating that into new medicines we are just starting, said renowned computational biologist Janet Thornton in an interaction with The Hindu. Lesson from COVID-19 “We saw with the COVID-19 virus how quickly the…

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Science

Budget 2025: Can nuclear be a meaningful part of India’s energy strategy? | Business Matters

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In the latest budget speech, the Indian Finance Minister reiterated an earlier-articulated goal for Nuclear Energy capacity—to reach 100 GW by 2047. Where are we now? At 8 GW. Does the goal sound more than just a bit ambitious? In this episode, we will learn a tiny bit of nuclear science as well as about…

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Business