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Rupee snaps three-day rally to settle 13 paise lower at 82.69 against U.S. dollar

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Rupee snaps three-day rally to settle 13 paise lower at 82.69 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee reversed its three-day rally and depreciated by 13 paise to settle at 82.69 (provisional) against the U.S. dollar on Friday (August 25), tracking strong American currency and negative equity markets. Rising crude oil prices also weighed on the domestic unit even as foreign…

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Business

Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

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Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

Bombay Stock Exchange in Mumbai. File | Photo Credit: Vivek Bendre Benchmark Sensex declined by 365 points and Nifty settled below the 19,300 level in a volatile trade on Friday as financials, IT and oil shares took a hit amid concerns over potential rate hikes and weak trend in global markets. Falling for a second…

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Business

B20 summit | My priority is to tame inflation, says Nirmala Sitharaman

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B20 summit | My priority is to tame inflation, says Nirmala Sitharaman

Union Finance Minister addresses the audience at a Special Plenary Session at the B20 Summit India, in New Delhi on August 25, 2023. Twitter/@nsitharamanoffc Finance Minister Nirmala Sitharaman on August 25 said the government’s priority is to tame inflation to ensure sustained economic growth. Addressing the B20 Summit India, being hosted by the Confederation of…

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Sun-observing spacecraft sheds light on the solar wind’s origin

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Sun-observing spacecraft sheds light on the solar wind’s origin

The sun as seen by the Solar Orbiter spacecraft in extreme ultraviolet light in this mosaic of 25 individual images taken on March 7, 2023, by the high-resolution telescope of the Extreme Ultraviolet Imager (EUI) instrument. Taken at a wavelength of 17 nanometers, in the extreme ultraviolet region of the electromagnetic spectrum, this image reveals…

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Science

Rupee falls 12 paise to 82.68 against U.S. dollar in early trade

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Rupee falls 12 paise to 82.68 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee snapped its three-day rally and depreciated by 12 paise to 82.68 against the U.S. dollar in early trade on August 26 amid a firm American currency and subdued equity markets. An upward movement in crude prices also weighed on the domestic currency even…

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Business

NCBS to collaborate with various organisations on forest research and conservation

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NCBS to collaborate with various organisations on forest research and conservation

A view of National Centre for Biological Sciences (NCBS) campus in Bengaluru. | Photo Credit: File photo National Centre for Biological Sciences – Tata Institute of Fundamental Research (NCBS-TIFR) signed Memorandums of Understanding (MOUs) with Research and Training Organisation of Ministry of Environment, Forests, and Climate Change (MoEFCC), and a host of other organisations, on…

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Science

How scientists found that LK-99 is probably not a superconductor

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How scientists found that LK-99 is probably not a superconductor

a) An LK-99 sample synthesised by Guo, et al. (2023); b) X-ray spectroscopy of the sample indicated the presence of different elements; c) a partly levitating sample; d) a scanning-electron microscope image of the sample. | Photo Credit: arXiv:2308.03110v2 When we use a room heater on a cold day and cosy up with a cup…

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Science

Health Ministry withdraws fiat mandating doctors prescribe only generic drugs

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Health Ministry withdraws fiat mandating doctors prescribe only generic drugs

Thursday evening saw the end of a half-month stand-off between the National Medical Commission (NMC), India’s regulatory body guiding medical professionals and the Indian Medical Association (IMA), a national voluntary organisation of physicians with over three lakh members. (For top health news of the day, subscribe to our newsletter Health Matters) The two had locked-horns over one…

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Science

The eyes and ears of Pragyan that help rover find its way on moon

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The eyes and ears of Pragyan that help rover find its way on moon

A screenshot shows the surface of the Moon captured by Lander Imager Camera aboard ISRO’s Chandrayaan-3 before its successful touchdown. With the Chandrayaan-3’s lander module Vikram successfully making a touchdown on the moon and the rover Pragyan ramping down, one camera developed by Laboratory for Electro-Optics Systems (LEOS) in Bengaluru has already made an impact…

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