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Platelets ‘can replicate benefits of exercise in brain’, shows study

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A new study published in Nature Communications found platelets to play an instrumental role in developing potential new treatments for Alzheimer’s disease. Image for representational purpose only. | Photo Credit: Reuters Scientists have found that an injection of specific blood molecules can replicate the benefits of exercise in the brain, paving the way for potential…

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Science

RBI issues fresh guidelines asking banks, NBFCs not to levy penal interest on borrowers in case of default 

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Representational image. File | Photo Credit: Reuters Reserve Bank of India (RBI) has issued fresh guidelines to the Regulated Entities (REs) such as commercial and other banks, Non-Banking Finance Companies (NBFCs) and other lenders to ensure reasonableness and transparency in disclosure of penal interest.  This follows findings that many REs are using penal rates of…

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Business

How the deadliest virus in human history paved the way for new cures

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This is part II of a two-part story on the virus that caused the Great Influenza epidemic. Read part I here. The United States Centers for Disease Control and Prevention (CDC) is the apex organisation in the U.S. on matters of public health and safety. Research on any new infectious agent must be first approved…

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Rupee rises 7 paise to 83.02 against U.S. dollar

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Image used for representational purpose only. | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 7 paise to 83.02 against the U.S. dollar in early trade on August 18 as the American currency retracted from its elevated levels. However, a muted trend in domestic equities, foreign fund outflows and…

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Business

Markets decline on weak global trends, foreign fund outflows

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Markets also declined as IT stocks slipped. File. | Photo Credit: PTI Equity benchmark indices fell in early trade on August 18 amid bearish global cues and fresh foreign fund outflows. Markets also declined as IT stocks slipped. The 30-share BSE Sensex was down 297.62 points to 64,853.40. The NSE Nifty dipped 88.75 points to…

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Business

Supply shocks not over, inflation to average well above 6% in Q2, say RBI officials

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 “The vulnerability of the economy to recurring incidence of vegetable price shocks, especially ahead of and during the monsoon, warrants major reforms in perishable supply chains.” | Photo Credit: PTI The incidence of supply shocks was not over and the elevation in vegetable prices had extended into the first half of August, RBI officials wrote in an article in the…

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Business

Markets snap 2-day winning run; Sensex slumps nearly 390 points on weak global cues

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The bull statue at Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Snapping their two-day winning run, equity benchmarks Sensex and Nifty closed in the negative territory on Thursday, tracking losses in index majors Reliance Industries, ITC, and HDFC bank amid a weak trend in global markets. The 30-share BSE Sensex…

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Business

Rupee falls 2 paise to close at all-time low of 83.10 against U.S. dollar

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The rupee pared its initial gains and settled for the day lower by 2 paise at an all-time low of 83.10 (provisional) against the U.S. dollar on Thursday, weighed down by a strong greenback overseas and a negative trend in domestic equities. Forex traders said rupee is likely to trade with a negative bias on…

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Business