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Breaking News

DGAQA approves making Airbus C295 detailed parts, assemblies in India

Posted on February 12, 2024 By admin
DGAQA approves making Airbus C295 detailed parts, assemblies in India

Director General of Aeronautical Quality Assurance Sanjay Chawla (centre) presenting the certificate to Airbus Defence and Space CEO Michael Schoellhornof (right) and TASL Head-Aerostructures and Aeroengines Masood Hussainy at the C295 main components assembly facility in Hyderabad on Monday.  | Photo Credit: Special arrangement Airbus Defence and Space (ADS) quality management system for the C295…

Read More “DGAQA approves making Airbus C295 detailed parts, assemblies in India” »

Business

Steel Authority of India’s Q3 profit drops as imports dent sales, prices

Posted on February 12, 2024 By admin
Steel Authority of India’s Q3 profit drops as imports dent sales, prices

FILE PHOTO: A motorcyclist rides past an advertisement of Steel Authority of India Ltd. (SAIL) at a street in New Delhi. | Photo Credit: Reuters Steel Authority of India (SAIL) reported a lower third-quarter profit on February 12, as higher imports led to a drop in both volume sales and prices. The company’s consolidated net…

Read More “Steel Authority of India’s Q3 profit drops as imports dent sales, prices” »

Business

2024 brings breather on inflation but food prices are still sticky

Posted on February 12, 2024 By admin
2024 brings breather on inflation but food prices are still sticky

Retail inflation eased to a three-month low, official data show. File | Photo Credit: Special Arrangement India’s retail inflation eased to a three-month low of 5.1% in January from 5.7% a month earlier, with food price rise cooling a bit to 8.3% compared with 9.5% in December 2023. January’s headline inflation pace is slightly higher…

Read More “2024 brings breather on inflation but food prices are still sticky” »

Business

RBI Governor Shaktikanta Das rules out review of action against Paytm Payments Bank

Posted on February 12, 2024 By admin
RBI Governor Shaktikanta Das rules out review of action against Paytm Payments Bank

Reserve Bank of India Governor Shaktikanta Das addresses a press conference after a customary post-budget meeting with the Central Board of Directors of Reserve Bank of India, in New Delhi, Monday, Feb. 12, 2024. | Photo Credit: PTI Reserve Bank of India Governor Shaktikanta Das ruled out any review of the central bank’s action against…

Read More “RBI Governor Shaktikanta Das rules out review of action against Paytm Payments Bank” »

Business

Market benchmarks tumble on profit booking

Posted on February 12, 2024 By admin
Market benchmarks tumble on profit booking

In the Sensex pack, NTPC, Tata Steel, SBI and IndusInd Bank were among the major laggards. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed sharply lower on February 12 amid a rush for profit taking and mixed trends in global markets. The 30-share BSE Sensex settled 523 points or 0.73% lower at…

Read More “Market benchmarks tumble on profit booking” »

Business

 The untapped potential of stem cells in menstrual blood

Posted on February 12, 2024 By admin
 The untapped potential of stem cells in menstrual blood

Roughly 20 years ago, a biologist named Caroline Gargett went in search of some remarkable cells in tissue that had been removed during hysterectomy surgeries. The cells came from the endometrium, which lines the inside of the uterus. When Dr. Gargett cultured the cells in a petri dish, they looked like round clumps surrounded by…

Read More “ The untapped potential of stem cells in menstrual blood” »

Science

SpiceJet plans to lay off 1,000 people

Posted on February 12, 2024 By admin
SpiceJet plans to lay off 1,000 people

A reduction of 15% would mean around 1,350 people will lose their jobs in SpiceJet. | Photo Credit: PTI “Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet,” officials said on…

Read More “SpiceJet plans to lay off 1,000 people” »

Business

Watch | Somnath S. on ‘Transformative Leadership in ISRO’

Posted on February 12, 2024 By admin
Watch | Somnath S. on ‘Transformative Leadership in ISRO’

Watch | Somnath S. on ‘Transformative Leadership in ISRO’ Think of a typical day involving a rocket launch, and one is sure to imagine a control room where chaos reigns supreme, and the people involved in the launch, moving about frenziedly. Somnath S, chairman, the Indian Space Research Organisation (ISRO), debunked this myth, at The…

Read More “Watch | Somnath S. on ‘Transformative Leadership in ISRO’” »

Science

Rupee rises eight paise to 82.99 against U.S. dollar in early trade

Posted on February 12, 2024 By admin
Rupee rises eight paise to 82.99 against U.S. dollar in early trade

On February 9, the domestic currency settled at 83.07 against the dollar.  | Photo Credit: The Hindu The Rupee appreciated eight paise to 82.99 against the U.S. dollar in early trade on February 12, amid weakness of the American currency in the overseas market. At the interbank foreign exchange, the domestic currency opened at 83.01,…

Read More “Rupee rises eight paise to 82.99 against U.S. dollar in early trade” »

Business

Stock market sees volatile trading in morning session

Posted on February 12, 2024 By admin
Stock market sees volatile trading in morning session

In the Sensex pack, Wipro, HCL, Tech Mahindra and Infosys were the major gainers while PowerGrid, Hindustan Unilever, Reliance, Bharti Airtel and ICICI Bank were among the laggards. | Photo Credit: Reuters Equity benchmark indices witnessed see-saw movements in early trade on February 12, mainly tracking mixed trends in global markets. Opening on a positive…

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