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Breaking News

Explained | Drilling in the North Sea — history and environmental concerns

Posted on August 18, 2023 By admin
Explained | Drilling in the North Sea — history and environmental concerns

File photo of a section of the BP Eastern Trough Area Project oil platform in the North Sea, around 100 miles east of Aberdeen, Scotland. | Photo Credit: AFP The story so far: U.K. Prime Minister Rishi Sunak recently backed plans for new fossil fuel drilling off Britain’s coast, worrying environment experts even as the…

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Science

Explained | What is RBI’s pilot programme for facilitating ‘frictionless’ and ‘timely’ credit?

Posted on August 18, 2023 By admin
Explained | What is RBI’s pilot programme for facilitating ‘frictionless’ and ‘timely’ credit?

Image for representation | Photo Credit: NAGARA GOPAL The story so far: On August 17, the Reserve Bank of India (RBI) commenced a pilot programme endeavouring to evaluate the feasibility of the ‘Public Tech Platform for Frictionless Credit’. The announcement was first made when the central banking regulator enumerated developmental and regulatory policies following the conclusion…

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Business

Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar

Posted on August 18, 2023 By admin
Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar

Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar Mumbai: The Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar on Friday, weighed down by a negative trend in domestic equities and foreign fund outflows….

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Business

Russia’s Luna-25 spacecraft enters lunar orbit

Posted on August 18, 2023 By admin
Russia’s Luna-25 spacecraft enters lunar orbit

A picture taken from the camera of the lunar landing spacecraft Luna-25 shows the Zeeman crater located on the far side of the moon, August 17, 2023. | Photo Credit: Reuters Russia’s lunar spacecraft entered the moon’s orbit on Wednesday, a major step towards the country’s ambition of being the first to land on the…

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Science

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

Posted on August 18, 2023 By admin
Platelets ‘can replicate benefits of exercise in brain’, shows study

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 

Posted on August 18, 2023 By admin
RBI issues fresh guidelines asking banks, NBFCs not to levy penal interest on borrowers in case of default 

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

Posted on August 18, 2023 By admin
How the deadliest virus in human history paved the way for new cures

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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Science

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

Posted on August 18, 2023 By admin
Rupee rises 7 paise to 83.02 against U.S. dollar

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

Posted on August 18, 2023 By admin
Markets decline on weak global trends, foreign fund outflows

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

Negotiating a life with amyotrophic lateral sclerosis

Posted on August 17, 2023 By admin
Negotiating a life with amyotrophic lateral sclerosis

The only way Nita Parekh (69) of Pune, is able to communicate with her family and, on rare occasions, with others is by blinking her eyes and nodding slightly. “The last time I saw her standing was probably in August 2021”, said Sohil Parekh (45), Mrs. Parekh’s only child and primary caregiver, along with his…

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Science

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