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Representational image of people walking past the Bank of England in the City of London financial district in London, Britain | Photo Credit: Reuters The U.K. economy slipped into a “technical” recession in 2023, with the final quarter for last year showing a decline in GDP of 0.3%, on the back of a 0.1% decline…
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A portable fluorescence reader device. Researchers at the Indian Institute of Science (IISc.) and Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have developed a paper-based platform which could help quickly detect the presence of antibiotic-resistant, disease-causing bacteria. | Photo Credit: Special Arrangement Researchers at the Indian Institute of Science (IISc.) and Jawaharlal Nehru Centre…
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A SpaceX Falcon 9 rocket lifts off from pad 39A at Kennedy Space Center in Cape Canaveral, Fla., on February 15, 2024. The mission’s goal is to deliver science payloads to the surface of the moon | Photo Credit: AP A moon lander built by Houston-based aerospace company Intuitive Machines was launched from Florida early…
Read More “Private U.S. moon lander launched 52 years after last Apollo lunar mission” »
Paytm said its associate Paytm Payments Bank Limited does not undertake outward foreign remittances. | Photo Credit: Reuters “The Enforcement Directorate (ED) has questioned senior Paytm executives and taken submission of documents from them following the recent Reserve Bank of India (RBI) action of barring Paytm Payments Bank Limited from accepting deposits or top-ups in…
Visa did not say why the Reserve Bank of India has issued the directive. | Photo Credit: Reuters Visa said on February 14 that the Reserve Bank of India (RBI), which is also the country’s financial market regulator, had directed it last week to halt all domestic transactions for Business Payment Solution Providers (BPSPs). BPSPs…
Read More “Visa halts intermediated commercial card payments in India after RBI’s directive” »
If the negotiations are successful, it would be the first collaboration between the Tata group and billionaire Mukesh Ambani’s conglomerate. | Photo Credit: Reuters Indian oil-to-telecom conglomerate Reliance Industries is in talks to buy a 29.8% stake in subscription-based satellite TV and video streaming service provider Tata Play from Walt Disney, Business Standard reported, citing…
Read More “Reliance Industries in talks to buy Tata Play stake from Disney” »
Coffee Day ventures said registered offices of its material subsidiaries would also be shifted from the present address to the new address. Photo: X/@CafeCoffeeDay Coffee Day Enterprises Limited, the flagship company of several Coffee Day ventures, has decided to move its registered office to a new premise in Bengaluru, it said in a statutory filing…
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Image for representation only | Photo Credit: C. Venkatachalapathy The rupee appreciated 3 paise to 82.99 against the U.S. dollar in early trade on Thursday, amid a positive trend in domestic equities. Forex traders said rupee is trading in a narrow range as strong American currency and elevated crude oil prices weighed on the local…
Read More “Rupee rises 3 paise to 82.99 against U.S. dollar in early trade” »
Image used for representative purpose only Markets opened on a positive note on Thursday, February 15, 2024, with Sensex and Nifty rising in early trade as investors tracked positive Asian and global cues. The 30-share benchmark Sensex gained 115.89 points or 0.16 per cent to 71,938.72 points while the broader Nifty climbed 36.90 points or…
Total deep science tech investments have doubled in the last three years, and crossed $1 billion in the 2021-2023 period, according to a newly released report by VC firm Ankur Capital which focuses on deep tech/science investments. Titled ‘The India Deep Science Tech Report,’ the report notes that investments have consistently doubled every three years…