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Wednesday, June 30, 2021

Crypto exchange Binance says sterling withdrawals reactivated after outage

The exchange's customers said on Tuesday they were unable to deposit or withdraw sterling from the platform, days after regulators in Britain cracked down on some of its activities in the country

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Shriram Properties aims to launch Rs 800 crore-IPO before end of August

Bengaluru-based Shriram Properties is likely to launch its initial public offer before the end of August to raise up to Rs 800 crore.

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Investors' wealth soars Rs 25.46 trn so far in FY22 over upbeat sentiment

Equity investors have grown richer by a whopping Rs 25,46,954.71 crore in the first three months of the current fiscal, driven by upbeat market sentiment.

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Sebi extends deadlines for brokers' regulatory compliances by a month

New timeline will apply to maintenance of call recordings of orders from clients, funding reporting and permission to operate trading terminals from alternate locations

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Former US Secretary of Defence Donald Rumsfeld dies at 88 in Mexico

Former US Secretary of Defence Donald Rumsfeld, who oversaw the Iraq war and the US invasion of Afghanistan, died at the age of 88 on Wednesday

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Joe Biden behind on global vaccine sharing goal, cites local hurdles

Biden came up well short on his goal of delivering 80 mn doses of coronavirus vaccine to rest of world by end of June as a host of logistical and regulatory hurdles slowed pace of US vaccine diplomacy

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Keep your friends close, cortisol levels low for life

An interdisciplinary team has determined that older adult women converse more effectively with strangers than their younger counterparts; additionally, communicating with female friends decreases stress hormone levels for women across the lifespan.

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Research lays groundwork for restoring lost oral functions with pacemaker-like devices

Even the mundane act of swallowing requires a well-coordinated dance of more than 30 muscles of the mouth. The loss of function of even one of these, due to disease or injury, can be extremely debilitating. For these people, nerve stimulation offers a ray of hope to regain some of their lost oral function.

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Record disbursal, cheaper fund cost buoy IRFC net by 126% to Rs 1,482 cr

IRFC has reported a 126 per cent jump in net income to record Rs 1,482.55 crore in the March quarter, mainly due to higher interest income from record disbursals and cheaper funds.

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BGR Energy Systems loss widens to Rs 122 crore in March quarter

BGR Energy Systems on Wednesday reported widening of its consolidated net loss by multifold to Rs 122.32 crore for the March 2021 quarter

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Variations in quantitative MRI scanners' measurements

Magnetic resonance imaging (MRI) is widely used in medicine to detect, diagnose and treat diseases such as cancer, while relying on experts' interpretation of images. Quantitative MRI, which obtains numerical measurements during the scans, can now potentially offer greater accuracy, repeatability and speed -- but rigorous quality control is needed for it to reach its full potential, according to a new study.

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5-minute breathing workout lowers blood pressure as much as exercise, drugs

A new study shows that a breathing exercise known as Inspiratory Muscle Strength Training can reduce blood pressure in weeks, with benefits on par with daily exercise or medication.

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Machine learning helps in predicting when immunotherapy will be effective

Cancer cells can put the body's immune cells into sleep mode. Immunotherapy can reverse this, but it doesn't work for all patients and all cancer types. Researchers have now developed machine learning models that can predict if someone is likely to respond positively to immunotherapy. In clinical settings, this could pave the way for personalized immunotherapy approaches for patients, as well as guidance on how to best combine immunotherapy with other treatments.

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Human stem cells enable model to test drug impact on brain's blood barrier

Using an experimental model to simulate the blood-brain barrier, scientists reported in unprecedented detail how antioxidants protect the brain from inflammation caused by such neurodegenerative diseases as Alzheimer's and Parkinson's.

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Employed individuals more likely to contract the flu, study shows

Researchers found that employed individuals, on average, are 35.3% more likely to be infected with the flu virus.

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Embryo freezing for IVF appears linked to blood pressure problems in pregnancy

A large cohort study drawn from the national IVF registry of France, which included almost 70,000 pregnancies delivered after 22 weeks gestation between 2013 and 2018, has found a higher risk of pre-eclampsia and hypertension in pregnancies derived from frozen-thawed embryos. This risk was found significantly greater in those treatments in which the uterus was prepared for implantation with hormone replacement therapies. The results confirm with real-life data what has been observed in sub-groups of patients in other studies.

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Inflection Point Ventures leads in early-stage round in AR start-up peAR

The startup's proprietary image to 3D model technology has enabled it to make 3D models of the food at scale

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The Southern diet - fried foods and sugary drinks - may raise risk of sudden cardiac death

Participants in a large-scale study who more commonly consumed a Southern-style diet - high in added fats, fried foods, processed meats and sugary drinks - had a higher risk of sudden cardiac death than people who had lower adherence to a Southern-style diet.

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Discovery of the role of a key gene in the development of ALS

Amyotrophic lateral sclerosis, or ALS, attacks nerve cells known as motor neurons in the brain and spinal cord, gradually leading to paralysis. The loss of function of an important gene, C9orf72, may affect communication between motor neurons and muscles in people with this disease.

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Small Savings Scheme rates remain unchanged for September quarter

The scheme will continue to fetch small investors better rates than other fixed income avenues such as bank fixed deposits

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Frequent COVID-19 testing key to efficient, early detection, study finds

The chance of detecting the virus that causes COVID-19 increases with more frequent testing, no matter the type of test, a new study found. Both polymerase chain reaction and antigen tests, paired with rapid results reporting, can achieve 98 percent sensitivity if deployed at least every three days.

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Researchers look to human 'social sensors' to better predict elections and other trends

Researchers can gather highly accurate information about social trends and groups by asking about a person's social circle rather than interrogating their own individual beliefs.

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Food delivery giant Swiggy's COO Vivek Sunder decides to move on

Sunder played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities.

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Tuesday, June 29, 2021

Have sunset clause for economic laws constraining growth: Vijay Kelkar

Kelkar suggested a system for periodic review of economic laws, howsoever revolutionary they might be when they are passed

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Coronavirus LIVE: India records 45,699 cases, 816 deaths in past 24 hrs

Today's coronavirus numbers: Bengaluru (753 cases), Mumbai 562 cases), Chennai (275 cases), Kolkata (191 cases), Delhi (59 cases). Stay tuned for corona-related news

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Walmart and Amazon still haven't learned their place in Indian economy

India is effectively muzzling the two leading US players. and it's tilting balance in favor of offline commerce, away from digital startups that are India's best bet for rebuilding the economy.

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NITI moots 100% I-T exemption for donations to not-for-profit hospitals

Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India.

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Serum Institute applies for EU nod through drugmaker AstraZeneca

SII Chief Executive Officer Adar Poonawalla said on Mon­day he had taken it up at the "highest levels".

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This 5,000-year-old man had the earliest known strain of plague

The oldest strain of Yersinia pestis -- the bacteria behind the plague that caused the Black Death, which may have killed as much as half of Europe's population in the 1300s -- has been found in the remains of a 5,000-year-old hunter-gatherer. A genetic analysis reveals that this ancient strain was likely less contagious and not as deadly as its medieval version.

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Increased use of household fireworks creates a public health hazard

Fireworks are synonymous in the United States with the celebration of Independence Day and other special events, but the colorful displays have caused a growing risk to public safety in recent years, according to a new study.

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Computer training program for seniors can reduce hazardous driving

A recent proof-of-concept study finds that a low-cost training program can reduce hazardous driving in older adults. Researchers hope the finding will lead to the training becoming more widely available.

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A new class of functional elements in the human genome?

When regions of the human genome where the DNA can fold into unusual three-dimensional structures called G-quadruplexes (G4s) are located in regulatory sequences or other functional, but non-protein coding, regions of the genome, they are maintained by selection, are more common, and their unusual structures are more stable. Together, these lines of evidence suggest that G4 elements should be added to the list of functional elements of the genome.

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Drug relieves persistent daydreaming, fatigue, and brain sluggishness in adults with ADHD

Tests of a drug known to stimulate brain activity have shown early success in reducing symptoms of sluggish cognitive tempo in 38 men and women with attention deficit hyperactivity disorder (ADHD.)

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'Unlocking' the potential of viruses to fight cancer

Researchers have elucidated the mechanism through which the H-1PV cancer-destroying virus can cause cell lysis and death. At the heart of this process lie laminins, and specifically laminin gamma 1, a family of proteins on the surface of a cancer cell to which this virus binds. The findings carry significant implications for the advancement of virus-based anticancer strategies and for the prediction of a patient's response to this innovative therapeutic approach.

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Cipla gets DCGI nod to import Moderna vaccine; no commercial deal yet

1st mRNA vax part of US-India pact; no commercial deal yet

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Easy-to-digest soy, protein-rich quinoa among 21 seeds to notified soon

The crops will take 2-3 years to reach farmer fields

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Jet shares continue to rise; monitoring committee for airline in place

Continuing on its upward trajectory, shares of grounded Jet Airways gained nearly five per cent to touch its upper price limit on Tuesday

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Oil prices 'very challenging', need them to sober a bit: India to Opec

Ahead of a meeting of oil producers' cartel OPEC, India on Tuesday said the current oil prices are "very challenging" and rates need to be a "little bit sober" lest they impact a consumption-led recovery of the global economy.

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Bharti Airtel to invest $500 million to be OneWeb's largest shareholder

This will make Bharti Airtel largest shareholder in the satellite communications company

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India sees fuel demand recovery to pre-pandemic level by end-2021

Local fuel consumption- a proxy for oil demand - in May slumped to its lowest since last August as lockdowns and restriction in several states stalled mobility and muted economic activity

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This year will be challenging from supply perspective: PolicyBazaar.com CEO

In a Q&A Sarbvir Singh dwells on the current trends in the insurance space and how his firm's business model will change now that it has got a broking licence

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Economic activities in rural India fared better in lockdown 2.0: Survey

The survey was carried out to assess the impact of Covid-19, with a sample size of 200 respondents across 48 villages in the states of Uttar Pradesh and Bihar.

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Coal India committed to achieving carbon offset of 60k tonnes by year-end

State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.

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Bharti to invest additional $500 mn in satellite communications firm OneWeb

This will make Bharti Airtel largest shareholder in the satellite communications company

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Godrej holding company hikes stake in Godrej Properties, Agrovet

With the stake buy in Godrej Properties, Godrej Industries' stake in the company will rise to 47.29 per cent.

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Serum Institute applies for EU nod through drugmaker AstraZeneca

SII Chief Executive Officer Adar Poonawalla said on Mon­day he had taken it up at the "highest levels".

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Monday, June 28, 2021

Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance

Issuance of observations by Sebi implies approval for a public offering

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COVID-19 vaccine generates immune structures critical for lasting immunity

The first two COVID-19 vaccines authorized for emergency use by the U.S. Food and Drug Administration (FDA) employed mRNA technology, which had never before been used in FDA-approved vaccines. A new study has found evidence that the immune response to such vaccines is both strong and potentially long-lasting.

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New molecule found in chestnut leaves disarms dangerous staph bacteria

Scientists isolated a molecule, extracted from the leaves of the European chestnut tree, with the power to neutralize dangerous, drug-resistant staph bacteria.

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New technique to treat middle ear infections

In a new study, researchers have designed a miniaturized 3D-printed device to inactivate Pseudomonas aeruginosa, a common bacterium that causes the infection.

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GluN3A knockout mouse: Alternative model for Alzheimer's neurodegeneration

GluN3A-deficient mice display all aspects of Alzheimer's neurodegeneration.

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Booster dose: Govt unveils Rs 6.3-trillion package to spur growth

Includes credit guarantee schemes, steps to revive tourism, strengthen health infra

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Twitter India MD Manish Maheshwari files caveat petition in Supreme Court

Asks to be heard if Ghaziabad police appeals Karnataka HC order

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IFSC eases capital norms for AIFs, exempts need for sponsors' commitment

Also allows such funds to invest in units of domestic MFs as well as those of other FATF-compliant jurisdictions

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Need to invest more in research, tech to counter rogue drone ops: DFI

India needs to invest more in counter-drone research and technology and procure them in a planned manner to address the security concerns arising from rogue operations the unmanned aerial vehicles

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NCLAT declines US firm's plea against Piramal group's bid for DHFL

The NCLAT termed the plea "premature", given that it approached the appellate tribunal without getting a decision on its petition filed before the Mumbai Bench of the NCLT

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Guarantees for MFI loans to kickstart lending in rural areas, say experts

Scheme extended to term loans from banks to MFIs for on-lending; tenure of loan extended to 36 months from 18 months earlier, with cap on interest rate charged by banks

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Govt announces 500,000 free visas, loan guarantee scheme for travel sector

The scheme will benefit 11,000 stakeholders including 904 tour operators and 10,700 tourist guides, FM says

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Tax cuts for individuals, companies needed to boost demand, say economists

While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy

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Need to invest more in research, tech to counter rogue drone ops: DFI

India needs to invest more in counter-drone research and technology and procure them in a planned manner to address the security concerns arising from rogue operations the unmanned aerial vehicles

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IT, financial players most ESG compliant; Infosys tops CRISIL rankings

Infosys tops the list, with a score of 79 on 100, while among the financial sector players, Kotak Mahindra Bank has a score of 75

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Striking gold: Synthesizing green gold nanoparticles for cancer therapy with biomolecules

Scientists have designed an eco-friendly protocol for synthesizing gold nanoparticles with optimized morphology for near-infrared light absorption using a biomolecule called B3 peptide. They report the synthesis of triangular and circular gold nanoplates and their effectiveness in killing cancer cells by converting the absorbed light into heat, providing useful insights for the development of non-invasive cancer therapy.

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Deep machine learning completes information about the bioactivity of one million molecules

A newly developed tool predicts the biological activity of chemical compounds, key information to evaluate their therapeutic potential. Using artificial neural networks, scientists have inferred experimental data for a million compounds and have developed a package of programs to make estimates for any type of molecule.

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Blood stem cells make brain tumors more aggressive

Scientists have discovered stem cells of the hematopoietic system in glioblastomas, the most aggressive form of brain tumor. These hematopoietic stem cells promote division of the cancer cells and at the same time suppress the immune response against the tumor. This surprising discovery might open up new possibilities for developing more effective immunotherapies against these malignant brain tumors.

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Love: How the feeling of power determines happy relationships

Want to have a happy relationship? Make sure both partners feel they can decide on issues that are important to them. Objective power measured by income, for example, doesn't seem to play a big role, according to a new study. Instead, how lovers perceive power dynamics in their relationship is most important for relationship satisfaction.

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Fast IR imaging-based AI identifies tumor type in lung cancer

The prognosis and effective therapies differ based on the type of lung cancer. While it previously took several days to precisely determine the underlying mutation, a research team has been able to reliably perform this determination in just one step using a combination of quantum cascade laser-based infrared microscopy and artificial intelligence.

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New tools for pandemic prevention research: DNA sequencing from water and leeches

In new research, water from African and Mongolian waterholes as well as bloodmeals from Southeast Asian leeches were assessed for the ability to retrieve mammalian viruses without the need to find and catch the mammals. The scientists analyzed the samples using high-throughput sequencing to identify known viruses as well as viruses new to science.

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NCLAT declines US firm's plea against Piramal group's bid for DHFL

The NCLAT termed the plea "premature", given that it approached the appellate tribunal without getting a decision on its petition filed before the Mumbai Bench of the NCLT

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Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance

Issuance of observations by Sebi implies approval for a public offering

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Sunday, June 27, 2021

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

Kotak Bank stock has been moving within a tight range for quite some time and is currently taking support near the significant 200DMA level of Rs 1,737

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Market Ahead Podcast, June 28: Factors that could guide markets this week

SpiceJet, Hindustan Motors, Suzlon Energy, Rail Vikas Nigam, Ruchi Soya Industries, and Hindustan Aeronautics are among the companies which are going to announce their quarterly earnings this week

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After their love affair with gold, Indians train their sights on crypto

One of the biggest barriers preventing wider adoption is the regulatory uncertainty.

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After their love affair with gold, Indians train their sights on crypto

One of the biggest barriers preventing wider adoption is the regulatory uncertainty.

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MARKET LIVE: Indices set to open higher; Dodla Dairy, KIMS to list today

LIVE market: More than 300 companies are slated to post their quarterly numbers today including NALCO, Future Lifestyle, Zee Media, GIC Housing Finance and NLC India

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MARKET LIVE: Indices set to open higher; Dodla Dairy, KIMS to list today

LIVE market: More than 300 companies are slated to post their quarterly numbers today including NALCO, Future Lifestyle, Zee Media, GIC Housing Finance and NLC India

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Oil prices strike 2018 highs on demand recovery, Iran nuclear talks

Oil prices climbed to highs last seen in October 2018 on Monday as the United States and Iran wrangled over the revival of a nuclear deal, delaying a surge in Iranian oil exports

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Coronavirus LIVE: Indis 46,643 new cases; Delhi gym, yoga centres unlock

Today's coronavirus numbers: Bengaluru (788 cases), Mumbai (746 cases), Chennai (308 cases), Kolkata (191 cases), Delhi (89 cases). Stay tuned for corona-related news

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Indian Economy shows signs of cooling in May before gaining momentum

A slew of data from services activity to automobile sales pointed to lack of demand last month, which in turn kept the needle on an overall activity indicator unchanged at 6.

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A $27 billion pile of stressed debt looms over India's new bad bank

The new institution, which is set to start operations by end of June, is likely to handle stressed debt worth $27 billionover time, which would be about a quarter of non-performing debt load

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In a first, drones strike at IAF station in Jammu airport; 2 injured

2 bombs dropped at IAF station in Jammu airport; NIA likely to take over probe

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Covid-19 pandemic: India has 6-8 months to vaccinate everyone, says Arora

The government had said recently that the Delta variant was one of the major reasons for the surge in cases during the second wave

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NTPC declares its Energy Compact Goals for sustainability at UN dialogue

National Thermal Power Corporation (NTPC) has become the first energy company in the energy domain in India to declare its Energy Compact Goals as part of the UN High-level Dialogue on Energy (HLDE).

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M-cap of top 6 firms soars over Rs 1.11 trillion; TCS, Infosys lead gainers

The m-cap of Tata Consultancy Services zoomed Rs 30,961.06 crore to Rs 12.50 trillion, the most among the top-10 firms

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Gold imports jump multi-fold to $6.91 bn in Apr-May on low base effect

Gold imports, which have a bearing on the current account deficit, zoomed to 6.91 billion during April-May 2021 due to low base effect in the wake of the Covid-19 pandemic

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Macroeconomic data, vaccination, global trends to dictate markets: Analysts

Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said.

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Oil prices rise for fifth week to highest since 2018 on strong demand

Brent futures rose 62 cents, or 0.8 per cent, to settle at US$76.18 a barrel, while US West Texas Intermediate (WTI) crude rose 75 cents, or 1.0 per cent, to US$74.05

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Traffic on national highways back to April level, shows CRISIL data

Traffic in April on the national highways witnessed a 15 per cent decline to 160 million toll-paying vehicles against 190 million in March

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Traders body CAIT urges govt not to dilute draft e-commerce rules

Domestic traders' body CAIT on Sunday urged the government not to dilute the draft of e-commerce rules under any pressure of foreign-funded online firms.

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DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr

Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units

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India's coal import rises 30% to 22 million tonnes in April

India's coal import rose 30.3 per cent to 22.27 million tonnes in April amid supply concerns and demand for pre-monsoon restocking of dry fuel.

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Researchers find the adhesions that build the brain's networks

Researchers have discovered a crucial protein involved in the communication and coordination between astrocytes as they build synapses in the brain. Lacking this molecule, called hepaCAM, astrocytes aren't as sticky as they should be, and tend to stick to themselves rather than forming connections with their fellow astrocytes.

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Productivity not deterred by shift to remote work amid Covid-19: Survey

In general, most organisations are desperate for more productivity

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Indian economy poised for recovery in FY22, says SBI Chairman

SBI Chairman Dinesh Kumar Khara has expressed hope that the country's economy would recover in the ongoing financial year

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Covid-19 vaccine hesitancy can be dangerous; ignore rumours: PM Modi

Coronavirus pandemic is not over in the country, says Prime Minister in Mann Ki Baat radio show.

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After Air India, Cairn to target more Indian state-owned firms for recovery

Cairn Energy PLC plans to target assets of state-owned firms and banks as it looks to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes

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Saturday, June 26, 2021

After Air India, Cairn to target more Indian state-owned firms for recovery

Cairn Energy PLC plans to target assets of state-owned firms and banks as it looks to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes

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M-cap of top 6 firms soars over Rs 1.11 trillion; TCS, Infosys lead gainers

Tata Consultancy Services, HDFC Bank, Infosys, HDFC, ICICI Bank and State Bank of India saw gains in their market valuation

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Some states fear proposed e-commerce rules will hurt jobs, MSME: Report

Some states fear there could be a negative impact on jobs and market access for MSMEs created by various digital platforms in recent years

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India records 50,040 fresh Covid-19 cases, 1,258 deaths in a day

A single-day rise of 50,040 fresh Covid-19 infections took India's tally to 3,02,33,183 while the number of active cases reduced to 5,86,403, according to Union Health Ministry data on Sunday.

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Japan 'to ask' Indian athletes, others for more Covid tests at Olympics

New rule will be for athletes from India, the Maldives, Nepal, Pakistan, Sri Lanka and Afghanistan: Newspaper.

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Tesla to recall 285,000 cars in China and fix cruise control function

Tesla is recalling about 285,000 electric vehicles in China because the cruise-control function can be activated accidentally and cause cars to accelerate suddenly, creating a safety hazard

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Clear air, water: China's electric car capital has lessons for the world

Almost 30% of the cars sold in Liuzhou last year were electric, more than five times China's average

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Two explosions rock Jammu airport's high security technical area

Two explosions within a gap of five minutes rocked the high security technical area of Jammu airport in the early hours of Sunday, officials said.

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Till June 25, more than 310 mn Covid vaccine doses administered: Govt to SC

The Centre on Saturday told the Supreme Court that till June 25 more than 310 million Covid vaccine doses have been administered across the country

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Covid LIVE: India death toll nears 400,000-mark; global tally 181.5 million

Coronavirus live updates: India reported 48,698 new Covid infections and 1,183 more deaths on Saturday. Stay tuned for corona-related news

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Many large e-comm firms have blatantly flouted laws of land: Goyal

All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce and Industry Minister Piyush Goyal said

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Having at least one Covid shot made mandatory to enter public places in Raj

The Rajasthan government on Saturday made it mandatory for people to have at least one dose of vaccination to enter public places from June 28.

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Many large e-comm firms have blatantly flouted laws of land: Goyal

All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce and Industry Minister Piyush Goyal said

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Bolsonaro linked to alleged corruption in buying of Bharat Bio's vaccine

Brazil senate probing the president's handling of the pandemic; country signed a contract with the Indian firm to purchase 20 million doses for $325 million.

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Bolsonaro linked to alleged corruption in buying of Bharat Bio's vaccine

Brazil senate probing the president's handling of the pandemic; country signed a contract with the Indian firm to purchase 20 million doses for $325 million.

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Potential new CAR-T cell therapy for multiple myeloma

Researchers are studying a potential new chimeric antigen receptor-T cell therapy (CAR-T cell therapy) treatment for multiple myeloma.

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Differences in human, mouse brain cells have important implications for disease research

A study comparing brain cells known as astrocytes in humans and mice found that mouse astrocytes are more resilient to oxidative stress, a damaging imbalance that is a mechanism behind many neurological disorders.

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Sleeper cells: Newly discovered stem cell resting phase could put brain tumors to sleep

Biomedical engineering researchers developed a new cell classifier tool that takes a higher-resolution look at the life cycle of neuroepithelial stem cells, which led to the discovery and exploration of a new resting phase called Neural G0. This knowledge could help scientists to better understand glioma brain tumors and develop new methods of treatment.

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Having the same nurse for home health visits may prevent rehospitalization for people with dementia

People with dementia receiving home health care visits are less likely to be readmitted to the hospital when there is consistency in nursing staff, according to a new study.

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InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore

Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore

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Friday, June 25, 2021

Covid-19 vaccine can be given to pregnant women, says health ministry

ICMR Director-General Dr Balram Bhargava said vaccines are very useful for pregnant women

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Serum Institute starts Covovax production; govt expects 200 mn doses by Dec

India will allow entry of this vaccine once the USFDA approves it

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Sebi defers implementation of MF employee compensation norms to Oct 1

In April, market regulator announced that 20% pay of senior MF officials must be in the form of units of schemes they oversee

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Study confirms the low likelihood that SARS-CoV-2 on hospital surfaces is infectious

A new study confirms the low likelihood that coronavirus contamination on hospital surfaces is infectious. The study is the original report on recovering near-complete SARS-CoV-2 genome sequences directly from surface swabs.

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Leopard gecko skin tumors traced to cancer gene

In a rare gecko color variety known as Lemon Frost, scientists have traced an unusual coloring and tendency to form tumors to a gene linked to human melanoma.

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Glial cells help mitigate neurological damage in Huntington's disease

Glia affected by Huntington's disease respond by tuning down synapse genes, which has a protective effect.

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Membrane proteins of bacteria and humans show surprising similarities

The cells of simple organisms, such as bacteria, as well as human cells are surrounded by a membrane, which fulfills various tasks including protecting the cell from stress. Researchers have now discovered that a membrane protein found in bacteria has a similar structure and function as a group of proteins that are responsible for remodeling and rebuilding the cell membrane in humans. No connection between the two protein groups was known before.

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How neurons get past 'no'

A new study shows that inhibitory neurons do more than just inhibit neuron activity like an off-switch; paradoxically, they actually increase the amount of information transmitted through the nervous system.

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People with fibromyalgia are substituting CBD for opioids to manage pain

As the ravages of the opioid epidemic lead many to avoid these powerful painkillers, a significant number of people with fibromyalgia are finding an effective replacement in CBD-containing products, finds a new study.

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Potato and rice protein shakes may be a viable vegan alternative to whey protein shakes, research suggests

A new study found that plant-based protein shakes may be potential viable alternatives to milk-based whey protein shakes, particularly in people with need of careful monitoring of glucose levels.

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Treasury arm of finance firms can invest in global assets through IFSC

The treasury can be used to raise credit facilities and equity for group entities from the global markets

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Treasury arm of finance firms can invest in global assets through IFSC

The treasury can be used to raise credit facilities and equity for group entities from the global markets

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SBI ready to meet credit growth spike, expects loan book to grow 9% in FY22

Khara said FY22 had begun with an unexpected second wave of Covid-19 infections

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Will increase women delivery staff by 10% by year-end, says Zomato

Online food ordering platform Zomato on Friday said it will increase the number of women in its delivery service to 10 per cent by the end of the year as part of its workplace inclusivity initiatives.

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PharmEasy parent to acquire 66% stake in Thyrocare for ₹4,546 cr

PharmEasy will retain the Thyrocare brand

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Maharashtra tightens Covid-19 restrictions on fears of third wave

Malls, multiplexes, store timings in state to be impacted

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Longer wait for depositors as RBI extends curbs on PMC Bank till Dec 31

There was considerable buzz among depositors after RBI gave in-principle nod to Centrum Financial Services and BharatPe to set up an SFB in lieu of a restoration scheme of PMC Bank

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India's fiscal 2022 GDP growth rate now expected at 9.6%: Ind-Ra

This is lower than an earlier estimate of 10.1 per cent

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Franklin MF moves SAT seeking stay on Sebi's Rs 5 crore penalty order

Tribunal to issue an order next week on whether plea can be admitted

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COVID-linked multi-system inflammatory syndrome in children diagnosed more in Black and Latino children

Multisystem Inflammatory Syndrome in Children (MIS-C) significantly affected more Black and Latino children than white children, with Black children at the highest risk, according to a new study. Researchers also found cardiac complications, including systolic myocardial dysfunction and valvular regurgitation, were more common in MIS-C patients who were critically ill.

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Rise of digital pay: 1.5 mn small businesses adopt Razorpay in 15 months

The platform saw a growth of over 200 per cent from March last year to May this year in trans­action volume done by MSMEs.

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Serum Institute starts Covovax production; govt expects 200 mn doses by Dec

India will allow entry of this vaccine once the USFDA approves it

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Vedantu eyes $200 mn run rate, to hit profitability by June next year

Online live tutoring platform Vedantu on Friday said it expects its revenue run rate to more than double to USD 200 million and hit profitability by June next year. Vedantu, which competes with players like Byju's, has seen month-on-month revenue growth of 50 per cent in April and May this year. Its revenue grew 4x in May 2021 over last year and its current revenue run rate is at about USD 60 million. "Currently, Vedantu is at cash flow profitability of more than 15 per cent on the unit level and is looking at achieving a USD 200 million run rate in the next 12 months with overall company profitability. The platform has a strong community of over 30 million registered users and added 22 million new users since the pandemic began," a statement said. It added that personalised access, interactive classes, and 24/7 customised content have resulted in "4X annual growth in paid subscribers to more than 200,000". Vedantu said it has witnessed majority adoption from outside the top 10 ci

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Thursday, June 24, 2021

India's airline fleet to contract, fall below 700 on weak demand: CAPA

Indian airlines are expected to induct 69 planes during the year and retire 86 aircraft, some of which could be through repossessions by lessors

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Nasdaq and S&P 500 scale new peaks, Dow rallies; Caterpillar jumps 3.4%

Mega-caps Microsoft Corp, Netflix Inc and Facebook Inc gained between 0.4% and 1.3% and were among the biggest boosts to the S&P 500 and the Nasdaq

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RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani

It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors

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RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani

It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors

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3x growth in 5 years, 1 mn jobs: Mukesh Ambani's blueprint for retail biz

Ambani also outlined a five-point agenda for the division as it sought to be amongst the top 10 global retailers in the next few years

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Uttar Pradesh Police restrained from action against Twitter India head

Twitter on Monday restricted tweets showing video and images from the viral video

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RIL offers board seat to Saudi Aramco's Yasir Al-Rumayyan in global push

Success of partnership key to internationalisation plans, say RIL executives

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RIL offers board seat to Saudi Aramco's Yasir Al-Rumayyan in global push

Success of partnership key to internationalisation plans, say RIL executives

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Committed to restoring J&K statehood, says PM Modi at all-party meet

Farooq Abdullah overtly flagged a return to the pre-5 August 2019 status of J&K when Article 370 was written down. In an emotional speech he spoke about the loss of trust

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Markets regulator Sebi plans to come out with framework for SPACs

The regulator is expected to put in place guidelines in this regard next week

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Common plant fiber gel doubled rate of tumor eradication

Many people don't realize that the trillions of bacteria, viruses, and fungi residing within the gastrointestinal tract --collectively called the gut microbiome -- are connected to overall health, and specifically to cancer.

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Streptococcus pneumoniae sticks to dying lung cells, worsening secondary infection following flu

Researchers have found a further reason for the severity of dual infection by influenza and Streptococcus pneumonia -- a new virulence mechanism for a surface protein on the pneumonia-causing bacteria S. pneumoniae. This insight comes 30 years after discovery of that surface protein, called pneumococcal surface protein A. This mechanism had been missed in the past because it facilitates bacterial adherence only to dying lung epithelial cells, not to living cells.

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Scientists may need to rethink which genes control aging, study suggests

Researchers fed fruit flies antibiotics and monitored the lifetime activity of hundreds of genes that scientists have traditionally thought control aging. To their surprise, the antibiotics not only extended the lives of the flies but also dramatically changed the activity of many of these genes. Their results suggested that only about 30% of the genes traditionally associated with aging set an animal's internal clock while the rest reflect the body's response to bacteria.

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Non-invasive potential treatment for Alzheimer's disease

Ultrasound can overcome some of the detrimental effects of ageing and dementia without the need to cross the blood-brain barrier, researchers have found.

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RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani

It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors

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3x growth in 5 years, 1 mn jobs: Mukesh Ambani's blueprint for retail biz

Ambani also outlined a five-point agenda for the division as it sought to be amongst the top 10 global retailers in the next few years

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Uttar Pradesh Police restrained from action against Twitter India head

Twitter on Monday restricted tweets showing video and images from the viral video

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RIL AGM 2021: Jio, Google to roll out 4G smartphone on September 10

Jio is the country's largest telecom service provider with over 425 million customers

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Preventing the break-in of the toxoplasmosis parasite

Toxoplasma gondii is an obligate intracellular parasite which, to survive, must absolutely penetrate its host's cells. Understanding how the parasite manages to enter host cells offers opportunities to develop more prevention. A team has now identified the key role of RON13, which is essential for the invasion process. The three-dimensional structure and the site of action of this enzyme are atypical, thus offering the possibility of designing specific inhibitors to stop the infection.

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Children's beat gestures predict the subsequent development of their oral skills

New research shows that the early production of beat gestures with the hands (i.e., gestures normally associated with emphasis that do not represent the semantic content of speech) by infants between 14 and 58 months of age in natural interactions with their carers predicts that in their later development, nearing the age of five, these children obtain better results insofar as their oral narrative skills.

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RIL offers board seat to Saudi Aramco's Yasir Al-Rumayyan in global push

Success of partnership key to internationalisation plans, say RIL executives

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Piaggio Vehicles reopens its two-wheeler dealerships across India

Piaggio Vehicles on Thursday announced the reopening of its two-wheeler dealerships across India, which had shut operations due to a massive increase in the coronavirus infection cases between April and mid-May across the country. The decision to reopen the dealerships comes following the announcement of the lockdown opening guidelines from authorities, Piaggio Vehicles Pvt Ltd (PVPL) said in a release. PVPL is a wholly-owned subsidiary of the Italian auto major Piaggio Group. Its India product portfolio comprises iconic Vespa, and Aprilia scooters besides small commercial vehicles. We have been working together with our dealers in navigating through the second wave of COVID-19. Also keeping in mind the possible anxiety of our customers during the lockdowns we have announced an extension of original equipment warranty and free service that expires during lockdown period, said Diego Graffi, Chairman and Managing Director, Piaggio India. The Piaggio dealerships have now geared up to

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Govt asks industry to take benefit of PLI, food processing sector schemes

Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme. "The government is committed to the development of the food processing sector. The government has taken several initiatives to harness the food and horticulture potential of the country," an official statement quoted Tomar as saying at the northern region food processing summit organised by industry body CII. The government has launched the PLI scheme for the food processing industry, under which Rs 11,000 crore will be spent, he said. Another scheme 'Prime Minister formalization of Micro Food Processing Enterprises (PMFME) has been launched under the Atmanirbhar Bharat Abhiyan to enhance the competitiveness of existing individual micro-enterprises in the unorganised sector. The scheme focuses on supporting groups engaged in agri-food processing such as Farmer Producer Organizations ..

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Wednesday, June 23, 2021

Oil prices jump to more than two-year high as US supplies tighten

Brent crude rose $1.02, or 1.4 per cent, to $75.83 by 8:19 pm IST, having touched its highest since October 2018 at $76.02 after the EIA data

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Centre further eases norms for business process management firms

Employees can provide services in India and abroad even during WFH

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Centre to spend extra Rs 93,868 crore for running PMGKAY-3 in FY22

Cabinet approves extra spending of Rs 67,266.44 crore for five months; earlier extra amount of Rs 26,602 crore was estimated for May and June, 2021

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India's total FDI inflow rises 38% year-on-year to $6.24 billion in April

Total FDI includes equity capital of unincorporated bodies, reinvest earnings and other capital. FDI equity inflow grew 60 per cent on year to $ 4.44 billion in April.

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Home sales rise 93% in Q2CY21 due to low base, says Anarock report

However, home sales dropped by 58 per cent sequentially

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Drug doubles down on bone cancer, metastasis

Researchers develop an antibody conjugate called BonTarg that delivers drugs to bone tumors and inhibits metastasis.

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Scientists obtain real-time look at how cancers evolve

With the help of machine learning, computational biologists are learning to predict how cancers will evolve.

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'Multi-kingdom dialogue' between internal, external microbiota

Scientists have identified an internal communication network in mammals that may regulate tissue repair and inflammation, providing new insights on how diseases such as obesity and inflammatory skin disorders develop.

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Dieting and its effect on the gut microbiome

Researchers were able to show for the first time that a very low calorie diet significantly alters the composition of the microbiota present in the human gut. The researchers report that dieting results in an increase of specific bacteria - notably Clostridioides difficile, which is associated with antibiotic-induced diarrhea and colitis.

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Western high-fat diet can cause chronic pain, according to new study

A typical Western high-fat diet can increase the risk of painful disorders common in people with conditions such as diabetes or obesity, according to a new study.

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Rare genetic defect replicated in fish model

A rare genetic defect that affects the so-called ALG2 gene can cause serious metabolic diseases in humans. Until now, its rareness and complexity made it difficult to study this congenital glycosylation disorder. A research team has finally succeeded in introducing the underlying mutation in the ALG2 gene in a fish model, allowing the causes of these complex diseases to be studied at the molecular level.

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Higher selenium and manganese levels during pregnancy may protect babies from future high blood pressure

Children who were exposed to higher levels of trace minerals manganese and selenium during their mothers' pregnancy had a lower risk of high blood pressure in childhood, according to a new study.

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AI spots healthy stem cells quickly and accurately

Researchers have designed a deep learning-based system that accurately identifies individual skin stem cells grown under artificial conditions and tracks their motion. Using this system to perform quality control of stem cell cultures could improve the speed and efficiency of growing skin grafts for use in regenerative medicine and may also be useful for other types of stem cell cultures.

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MCA expands small firm definition, raises turnover and borrowing limits

This would enable a wider set of companies to avail of greater flexibility in the accounting standards, according to a notification issued on Wednesday

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Sneeze cam reveals best fabric combos for cloth masks

Researchers have used high-speed videos of a person sneezing to identify the optimal cloth mask design.

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Milk protein could help boost blueberries' healthfulness

Pairing blueberry pie with a scoop of ice cream is a nice summer treat. Aside from being tasty, this combination might also help people take up more of the 'superfruit's' nutrients, such as anthocyanins. Researchers show that a protein found in cow's milk helped rats absorb more blueberry anthocyanins and their byproducts, boosting accessibility to these good-for-you nutrients.

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Seeking a treatment for IBS pain in tarantula venom

For patients who have inflammatory bowel syndrome (IBS), the condition is literally a pain in the gut. Chronic -- or long-term -- abdominal pain is common, and there are currently no effective treatment options for this debilitating symptom. In a new study, researchers identify a new potential source of relief: a molecule derived from spider venom. In experiments with mice, they found that one dose could stop symptoms associated with IBS pain.

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Half of young adults with COVID-19 have persistent symptoms 6 months after, study finds

A new paper describes persistent symptoms six months after acute COVID-19, even in young home isolated people. The most common symptoms were loss of smell and/or taste, fatigue, shortness of breath, impaired concentration, and memory problems.

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AI to track cognitive deviation in aging brains

Researchers have developed an artificial intelligence-based brain age prediction model to quantify deviations from a healthy brain-aging trajectory in patients with mild cognitive impairment, according to a new study. The model has the potential to aid in early detection of cognitive impairment at an individual level.

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Protein linked to heart health, disease a potential therapeutic target for dementia

Researchers have found that high levels of a normal protein associated with reduced heart disease also protect against Alzheimer's-like damage in mice, opening up new approaches to slowing or stopping brain damage and cognitive decline in people with Alzheimer's.

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Language trade-off? No, bilingual children reliably acquire English by age 5

A new study in U.S.-born children from Spanish-speaking families finds that minority language exposure does not threaten the acquisition of English by children in the U.S. and that there is no trade-off between English and Spanish. Rather, children reliably acquire English by age 5, and their total language knowledge is greater to the degree that they also acquire Spanish. Children's level of English knowledge was independent of their level of Spanish knowledge.

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Vodafone Idea partners with Cisco to support 4G and 5G user experience

Airtel also announced a partnership with Tata Consultancy Services earlier in the week to implement 5G broadband network solutions in India.

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Setback for Facebook as Delhi HC refuses to stay CCI's privacy notice

Facebook and WhatsApp have sought stay on the CCI's notices asking them to furnish certain information for the inquiry conducted by it

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Tuesday, June 22, 2021

Reform-linked borrowing by states new model of public finance: PM Modi

Says states got Rs 1.06 trn in FY21 through a partnership

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Electric vehicle makers laud Gujarat policy, terming it progressive

Various companies like Tata Motors, Mahindra and Hero Electric on Tuesday lauded the Gujarat government for bringing a new electric vehicle policy in the state.

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Centrum Capital plans to raise up to Rs 500 crore in equity via QIP

The board also gave nod to the issuing of non-convertible debentures of up to Rs 1,000 crore

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It's true: Stress does turn hair gray (and it's reversible)

A new study offers quantitative evidence linking psychological stress to graying hair in people.

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Self-reported declines in cognition may be linked to changes in brain connectivity

A research team recently published the results of a three-year study of cognitive changes in older adults who complained that their cognitive ability was worsening though clinical assessments showed no impairments. The MRI studies showed significant changes in functional connectivity in two areas of the brain.

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How pancreatic cancer cells dodge drug treatments

Pancreatic cancer cells typically rely on a mutant version of the KRAS protein to proliferate. These cancer cells can also survive losing KRAS by activating alternative growth pathways. Scientists discovered a new interaction between mutant KRAS and a protein complex called RSK1/NF1 that may be the source of this adaptive resistance.

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Scientists identify combination of biological markers associated with severe dengue

Researchers have identified a combination of biological markers in patients with dengue that could predict whether they go on to develop moderate to severe disease.

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Personality traits relate to being a morning or evening person

The link between the different hierarchies of personality, sleep patterns and even genetics has now been discovered.

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Inherited risk of early-onset cancer is higher among minority families

A new study shows inherited risk of early-onset cancer is significantly higher among Latino and African American families for solid tumors, and Asian/Pacific Islander families for blood-based cancers, compared to non-Latino white families in California. Researchers used California population-based health registries to evaluate the relative cancer risk among first-degree relatives of patients diagnosed with cancer by the age of 26. This study demonstrates the need for increased scrutiny on familial cancer clustering in minority populations.

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Fed will not raise rates on inflation fears alone, says Jerome Powell

Fed will watch broad set of labor market data, says Powell

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Boost for mouse genetic analysis

To understand what role an individual gene plays, biologists have, for 100 years, been using a trick of nature: While in principle, the genome in all cells of an organism is the same, mutations arise in individual cells. These mutations differentiate a cell from its neighbors, forming a 'genetic mosaic.' Now, researchers have advanced genetic mosaic analysis, making almost all genes in the mouse genome accessible to single-cell genetic mosaic analysis.

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Sports: Men and women react differently to a missing audience

Without an audience, men run slower and women faster: The lack of spectators during the coronavirus pandemic appears to have had a noticeable effect on the performance of athletes at the 2020 Biathlon World Cup, a new study shows. According to the new analysis, women also performed better in complex tasks, such as shooting, when an audience was present while men did not.

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Secretin hormone induces satiation by activating brown fat

Researchers have discovered a new mechanism controlling satiation. According to the recently published study, the hormone secretin induces satiation by activating brown adipose tissue.

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AR can improve the lives of older adults, so why are apps designed mainly for youngsters?

Older people affected by memory loss have much to gain from AR technology, yet a study exploring the use of augmented reality to support older adults at home finds the user interface is sometimes confusing for those aged 50+.

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Childhood trauma can make people like morphine more

People who have experienced childhood trauma get a more pleasurable 'high' from morphine, new research suggests.

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Open learning spaces do not increase children's physical activity

According to a recent study, open learning spaces are not directly associated with the physical activity of students in grades 3 and 5, even though more breaks from sedentary time were observed in open learning spaces compared to conventional classrooms.

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Electric vehicle makers laud Gujarat policy, terming it progressive

Various companies like Tata Motors, Mahindra and Hero Electric on Tuesday lauded the Gujarat government for bringing a new electric vehicle policy in the state. Gujarat Chief Minister Vijay Rupani unveiled the 'Gujarat Electric Vehicle Policy 2021', which, according to him, has been designed to see at least two lakh electric vehicles on the state roads in the next four years. To encourage people to turn to e-vehicles, the state government will provide subsidies ranging from Rs 20,000 to Rs 1,50,000 on the purchase of vehicles under this policy, which will remain effective for four years. It is estimated that around 1.10 lakh electric two-wheel vehicles, 70,000 three-wheelers and 20,000 four-wheelers will be used in the state in the next four years following the implementation of this policy. The state government will provide a subsidy of up to Rs 20,000 on the purchase of an electric two-wheeler, Rs 50,000 for a three-wheeler and Rs 1,50,000 on the purchase of a four-wheeler. We .

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Probe Renault-Nissan plant's social distancing: Madras High Court

Only the Renault-Nissan factory will be inspected as unions at other automakers have not raised objections

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Covid-19 pandemic just a pause in growth story: HUL CMD Sanjiv Mehta

Technology, CMD Mehta said, was going to be the game changer, shaping societies as well as businesses.

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Just 2 players in telecom mkt will be tragic: Bharti Airtel's Sunil Mittal

According to DoT estimates, Vodafone Idea owes Rs 58,400 crore as AGR dues

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Venomous caterpillar has strange biology

The venom of a caterpillar, native to South East Queensland, shows promise for use in medicines and pest control, researchers say.

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Study shows brain differences in interpreting physical signals in mental health disorders

Researchers have shown why people with mental health disorders, including anorexia and panic disorders, experience physical signals differently.

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Pfizer in the final stages to ink Covid-19 vaccine deal with Centre

Sources close to the developments had indicated earlier that the price for India could be below $10 per dose, or the lowest in the world

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Monday, June 21, 2021

Scientists reveal silver-based antimicrobials can be utilized as antibiotic adjuvants to combat antibiotic-resistant Staphylococcus aureus

A research team discovers that silver (Ag)-based antimicrobials can effectively combat antibiotic resistant Staphylococcus aureus by targeting multiple biological pathways via functional disruption of key proteins and can be further exploited to enhance the efficacy of conventional antibiotics as well as to resensitize methicillin-resistant Staphylococcus aureus (MRSA) to antibiotics.

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Over 80% potential customers to buy homes if states cut stamp duty: Survey

Over 80 per cent prospective homebuyers may consider buying a house if stamp duty is lowered by states, according to a survey by realty portal Magicbricks.

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Housing prices rise in March quarter, shows RBI data based on transactions

All India Housing Price Index (HPI) increased 2.7 per cent year-on-year in March quarter 2020-21, as per a data released by RBI on Monday.

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Ashiana Housing buys 22 acre land in Gurugram to build residential project

Realty firm Ashiana Housing has acquired 22-acre land in Gurugram from Ramprashta group for about Rs 170 crore to develop a residential project.

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Jaiprakash Associates posts 86.2% drop in net profit to Rs 424.41 crore

Jaiprakash Associates Ltd (JAL) on Monday reported a decline of 86.2 per cent in its consolidated net profit to Rs 424.41 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 3,068.10 crore in the January-March quarter a year ago, JAL said in a BSE filing. However, its revenue from operations was up 34.18 per cent at Rs 2,517.20 crore during the quarter under review as against Rs 1,876.03 crore in the corresponding period last fiscal, the company said. Its total expenses were at Rs 2,212.43 crore, down 4.76 per cent in Q4/FY 2020-21 as against Rs 2,322.95 crore a year ago. For the fiscal year, which ended on March 31, 2021, JAL reported a consolidated net loss of Rs 667.31 crore. It had a net profit of Rs 560.76 crore in the previous year. Its revenue from operations was at Rs 6,405.66 crore in FY 2020-21, down 8.95 per cent. It was Rs 7,035.49 crore in FY 2019-20. Shares of Jaiprakash Associates Ltd on Monday settled at Rs 14.76 apiece, up

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Asian Paints vice chairman Manish Choksi joins Bizongo Advisory board

Bizongo, a B2B platform for unbranded goods, on Monday said it has created an advisory board and onboarded Asian Paints Vice Chairman Manish Choksi to the panel. The industry veteran brings with him over three decades of entrepreneurial and leadership experience in strategic integration of technology with a sharp focus on business expansion and growth across global markets, a statement said. Bizongo, which recently closed its series C funding of USD 51 million, is gearing to transform into a sustainable global institution as it expands in emerging markets of South East Asia, such as Thailand, Indonesia, Malaysia and Vietnam and starts servicing the developed markets of US, Middle East, Europe, it added. "With Choksi's counsel, Bizongo aims to ramp up its efforts across digital vendor management, supply chain automation, and supply chain financing. In parallel, the company is also focusing on creating a stronger portfolio of unbranded products that are not limited to packaging and ..

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Grofers to raise tech team pay by 33%, promises hefty ESOP allocation

Grofers on Monday said it will offer a 33 per cent hike in salary to its tech team effective July, along with a "hefty ESOP allocation" as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an initial public offering (IPO), also hinted that it has secured a new funding round. "After coming out of the second wave, and at a point where our next funding round is secure, I think it is time to kickstart a lot of initiatives that I have been waiting for the right time to begin. "We have done well so far, but we need to do better. And in hindsight, one of the most important things we could have done in the past in order to do way better is focus and invest more in tech than we have so far," Grofers CEO Albinder Dhindsa said in a blogpost. He added that tech will always be the "number one priority going forward". As per reports, Grofers is in talks for a USD 100-120 million fund raise. Admitting that Gro

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Indian Bank opens Rs 4000-cr QIP issue; sets floor price at Rs 142.15/share

State-owned Indian Bank on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share.

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NCLT to pass order on Kalrock-Jalan's plan for Jet Airways revival today

The airline suspended operations in April 2019 and is under insolvency for nearly two years

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Covid-19 vaccination score tops 8 million as new rules take effect

Monday number 2.5 times the daily average

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Facebook, WhatsApp urge Delhi HC to stay CCI notice in privacy matter

A vacation bench of Justices Anup Jairam Bhambhani and Jasmeet Singh said it will pass an order on the application

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Walmart's Flipkart tells court it offers lower fee if sellers cut prices

Flipkart and Amazon are in a court battle against the CCI bid to restart an investigation into their business practices, after a judge in early June dismissed the companies' pleas.

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NCLT to pass order on Kalrock-Jalan's plan for Jet Airways revival today

The airline suspended operations in April 2019 and is under insolvency for nearly two years

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Airtel announces partnership with Tata group for 5G network solutions

Based on open radio access network (ORAN) technology, the plan is to roll out the solution initially for India and subsequently for exports

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Airtel announces partnership with Tata group for 5G network solutions

Based on open radio access network (ORAN) technology, the plan is to roll out the solution initially for India and subsequently for exports

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Diesel tops Rs 100/litre in Odisha, Rajasthan on the back of global cues

Diesel is expensive in these states as they levy the highest rates of Value Added Tax alongside cesses on auto fuels in the country

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India exporting cereals to newer destinations, says commerce ministry

India has started exporting cereals like rice and wheat to new destinations, including Puerto Rico, Yemen and Poland, with a view to push agricultural shipments, the commerce ministry said

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Adani Transmission seeks shareholders' approval to raise Rs 2,500 cr

Adani Transmission will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc

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There's more to genes than DNA: How Mum and Dad add something extra, just for you

Biologists have discovered 71 new 'imprinted' genes in the mouse genome, a finding that takes them a step closer to unravelling some of the mysteries of epigenetics - an area of science that describes how genes are switched on (and off) in different cells, at different stages in development and adulthood.

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Shares of four Adani Group companies locked in 5% upper circuit

Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE

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Maruti Suzuki India to hike prices in Jul-Sep qtr amid rise in input costs

The country's largest automobile maker Maruti Suzuki India (MSI) on Monday said it will hike prices of its cars in the second quarter of the current fiscal due to increase in the input costs

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Sharad Pawar calls opposition meeting on Tuesday, excludes Congress

While the move is not without its internal political contradictions, "much more than Narendra Modi, it is the Congress that needs to worry", said a former Congress chief minister

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Few takers for advance booking of airline tickets even as traffic improves

Average load factors are still around 55% and most of the bookings are for travel within seven days

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Sunday, June 20, 2021

Bandhan Bank up 7% as Assam govt inks pact with MFIs for stressed borrowers

Brokerage firm ICICI Securities opines that this is positive for micro lenders and especially Bandhan Bank as recoveries are now assured by the state

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BharatPe: How the payments startup won a rare banking licence in India

Reserve Bank of India rewards the company and its partner, Jaspal Bindra, for agreeing to help revive Punjab & Maharashtra Co-operative Bank.

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Stocks to watch: RIL, PNB Housing, Centrum Capital, HDFC Bank, ICICI Bank

S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd to stable from negative

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Vaishali Parekh is bullish on HUL, Piramal Enterprises. Check why

The RSI has given a decent momentum pickup, indicating strengthen in HUL's stock and is well placed to support and justify the positive bias

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Nifty outlook & stock picks by Sameet Chavan: Buy HDFC Life, sell UPL

We advise traders to lighten up positions at higher levels and it​'​s better to take one step at a time for the time being

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The mistake crypto crowd makes: it doesn't understand monetary economics

Crypto has been a highly unusual asset class for its entire history, but it won't act like that forever.

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MARKET LIVE: SGX Nifty tumbles 190 points, signals gap-down opening

LIVE market: Oil India, Info Edge, Bharat Dynamics, TCNS Clothing, and VST Tillers Tractors are among 70 companies slated to post their quarterly numbers today

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China risks isolation in quest for coronavirus origin: US NSA Jake Sullivan

China will face 'isolation in the international community' if Beijing does not cooperate with a further probe into the origin of the coronavirus, said US national security adviser Jake Sullivan

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UK scientists warn of 'miserable winter' due to new respiratory viruses

British scientists on Sunday warned of "pretty miserable winter" ahead for the country due to likely emergence of new respiratory viruses, with further lockdowns a possibility

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Coronavirus LIVE: Yoga helped Covid patients recover faster, says PM Modi

Coronavirus unlock live updates: Kerala reported 11,647 new infections, followed by Maharashtra (9,361), Tamil Nadu (7,817), Andhra Pradesh (5,646). Stay tuned for corona-related news

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James Murdoch weighs tapping billionaire families for India investments

His Lupa Systems is looking for about $150 million each from fewer than half-a-dozen family offices.

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International Yoga Day 2021 LIVE updates: PM Modi to address nation shortly

International Yoga Day 2021 LIVE updates: The theme of the International Yoga Day event this year is 'Yoga for wellness'. Stay tuned for highlights, images, on Yoga Day celebration

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James Murdoch weighs tapping billionaire families for India investments

His Lupa Systems is looking for about $150 million each from fewer than half-a-dozen family offices.

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World powers meet in Vienna on nuclear deal after Iran hardliner wins

Focus now shifts to extension of June 24 IAEA monitoring pact

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BCCI to bid for 2025 Champions Trophy, 2028 T20 WC, 2031 ODI World Cup

Confident that it can easily host big-ticket tournaments every two years, the BCCI on Sunday decided to bid for three global events - including two World Cups in shorter formats

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Explained: Why do people want Jeff Bezos to buy and eat the Mona Lisa?

An online petition that started as a joke has gone viral, becoming a kind of performance art piece all of its own

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Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata

Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata

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Moody's expects auto-loan delinquencies to rise in next three to six months

Collection rates for auto-loan asset-backed securities (ABS) rated by Moody's Investors Service remained stable in the quarter ended March 2021

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FIDC urges govt to address issues of MSME borrowers and NBFCs

The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME borrowers and NBFCs catering to these enterprises.

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Life insurers may have short-term pressure on profitability: ICICI Pru Life

The domestic life insurance industry may see pressure on its profitability in the short-term due to coronavirus pandemic, ICICI Prudential Life said in its annual report.

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Petrol crosses Rs 97 in Delhi, diesel nears Rs 88 after another price hike

Petrol price in the national capital crossed Rs 97 a litre and diesel neared Rs 88 after fuel prices were raised yet again.

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Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14

Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.

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Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata

Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata

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Japan imposes stricter regulations on India's Olympic-bound athletes

This has left the IOA fuming

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Saturday, June 19, 2021

Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.

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Four of top-10 firms add Rs 68,458 crore in m-cap; HUL, Infosys top gainers

The valuation of Infosys jumped Rs 24,628.79 crore to Rs 6,41,108.34 crore.

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Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.

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Four of top-10 firms add Rs 68,458 crore in m-cap; HUL, Infosys top gainers

The valuation of Infosys jumped Rs 24,628.79 crore to Rs 6,41,108.34 crore.

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Automakers initiate production ramp-up with easing of Covid restrictions

According to SIAM data, overall vehicle production in May declined by 57 per cent to 8,06,755 units

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India records less than 60,000 new coronavirus cases after 81 days

The death toll climbed to 3,86,713 with 1,576 fresh fatalities, the lowest in 63 days

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Japan refuses to sanction Myanmar over China factor, undermines US strategy

Japan's reluctance to put financial pressure on Myanmar military shows the difficulties Joe Biden faces in convincing allies to defend democracy.

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PNB Housing Finance says Sebi has asked company to pause share sale

Market regulator says proposed Rs 4,000 crore share transfer is against the laws.

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PNB Housing Finance says Sebi has asked company to pause share sale

Market regulator says proposed Rs 4,000 crore share transfer is against the laws.

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20% rise in intake of anti-depressants among people since Covid outbreak

Low levels of serotonin in the brain is likely to cause depression whereas high levels of serotonin in the brain are linked with elevated mood

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Coronavirus LIVE: India Covid cases at 29,881,352; global tally 178.9 mn

Coronavirus unlock live updates: India on Saturday reported 60,800 new infections and 1,269 new deaths. Stay tuned for corona-related updates.

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Recommending Covid-19 booster shot will be premature: WHO scientist

More-transmissible strains are prompting vaccine makers to test whether tweaked versions of their existing shots will provide broader immunity.

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Recommending Covid-19 booster shot will be premature: WHO scientist

More-transmissible strains are prompting vaccine makers to test whether tweaked versions of their existing shots will provide broader immunity.

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New therapeutic target for C. difficile infection

A new study paves the way for the development of next generation therapeutics for the prevention and treatment of Clostridioides difficile infection (CDI), the most frequent cause of healthcare-acquired gastrointestinal infections and death in developed countries.

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Researchers review data on reputed toxins thought to cause neurodegeneration

Biologists and neuroscientists have published an update on the reputed environmental toxins that have been suspected of being involved in mammal neurodegeneration.

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Imaging at the tip of a needle

Scientists have developed a new technique that could revolutionize medical imaging procedures using light.

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New evidence to battle drug price increases

Two recent studies add new evidence to the impact of how drug price increases affect US patients and the overall cost of health care.

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Use rewards effectively to boost creativity

To boost employees' creativity, managers should consider offering a set of rewards for them to choose from, according to a new study.

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Will reduction in tau protein protect against Parkinson's and Lewy body dementias?

Will a reduction in tau protein in brain neurons protect against Parkinson's disease and Lewy body dementias? A new study suggests the answer is no. If this is borne out, that result differs from Alzheimer's disease, where reducing endogenous tau levels in brain neurons is protective for multiple models of the disease -- and thus suggests that the role of tau in the pathogenesis of Lewy body dementias is distinct from Alzheimer's disease.

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Bio-inspired hydrogel protects the heart from post-op adhesions

A hydrogel that forms a barrier to keep heart tissue from adhering to surrounding tissue after surgery was developed and successfully tested in rodents. The team of engineers, scientists and physicians also conducted a pilot study on porcine hearts, with promising results.

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Start-stop system of hunting immune cells

Researchers decipher the basic biology of neutrophil swarming and now show that the cells also evolved an intrinsic molecular program to self-limit their swarming activity. The study elucidates how swarming neutrophils become insensitive to their own secreted signals that brought the swarm together in the first place. This process is crucial for the efficient elimination of bacteria in tissues.

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How cells 'read' artificial ingredients tossed into genetic recipe

Researchers discovered that the enzyme RNA polymerase II recognizes and transcribes artificially added base pairs in genetic code, a new insight that could help advance the development of new vaccines and medicines.

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Friday, June 18, 2021

Neuberg Diagnostics to expand in Africa, ME & India, invest Rs 150cr

Diagnostics major Neuberg Diagnostics plans to expand its international as well as domestic presence with an investment of Rs 150 crore, said a top company official

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PM Modi to hold all-party meet with J&K leaders next week: Reports

This comes after Lieutenant Governor of Jammu and Kashmir Manoj Sinha held a meeting with Union Home Minister Amit Shah on Friday at the Ministry of Home Affairs (MHA) in the national capital

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India abstains from voting on UN General Assembly resolution on Myanmar

India has abstained saying its views have not been reflected in the draft resolution and a "consultative and constructive" approach involving Myanmar's neighbouring countries is important

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India says it hopes to resume exports of coronavirus vaccine doses

India, the world's largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can't do so until its domestic needs are met, the head of the country's Covid-19 task force said

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China mulls end to childbirth restrictions by 2025, says report

China is considering ending its limits on childbirth by 2025 after finding its population growth is slowing down, said a report

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Coronavirus LIVE: India records 60800 new cases, sprinter Milkha Singh dies

Coronavirus unlock live updates: In view of declining Covid-19 cases, states like UP, Kerala, MP, Rajasthan have relaxed lockdown curbs. Stay tuned for corona-related news

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Reading down UAPA may have pan-India ramifications: Supreme Court

Refuses to stay HC order granting bail to three students in Delhi riots case

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Vaccination cuts chances of hospitalisation by 75-80%, says Centre

According to the health ministry data, 53 per cent of all vaccines given in the last six weeks are in rural areas

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Three-row SUVs to gain further traction as auto firms line up launches

Auto firms line up launches as segment gains traction

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In the visual thalamus, neurons are in contact with both eyes but respond to only one

The visual thalamus is classically known to relay visual stimuli coming from the retina to the cerebral cortex. Researchers now show that although neurons in the mouse visual thalamus connect to both eyes, they establish strong functional connections only with one retina. These results settle partly contradictory results of earlier studies and demonstrate how important it can be to complement structural data with functional analyses.

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Metal stocks shed 7% this week in the biggest meltdown in 13 months

Global commodity selloff drags BSE Metal index 7% during the week, most since May 2020

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Memory helps us evaluate situations on the fly, not just recall the past

Scientists have long known the brain's hippocampus is crucial for long-term memory. Now a new study has found the hippocampus also plays a role in short-term memory and helps guide decision-making. The findings shed light on how the hippocampus contributes to memory and exploration, potentially leading to therapies that restore hippocampal function, which is impacted in memory-related aging and neurodegenerative diseases such as dementia, the study authors said.

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How childhood exercise could maintain and promote cognitive function in later life

People who are physically active during childhood have higher cognitive functions in later life. Participants who exercised when they were children did better on cognitive tests regardless of their current age. However, no such relationship was found between task performance and post-childhood exercise -- suggesting that exercise during childhood is particularly important for brain development and long-term cognitive health.

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Science-based hiccups intervention

A science-based intervention relieved hiccups for 92% of 249 users who self-reported the effectiveness of the tool. =

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Researchers translate a bird's brain activity into song

It is possible to re-create a bird's song by reading only its brain activity, shows a first proof-of-concept study. The researchers were able to reproduce the songbird's complex vocalizations down to the pitch, volume and timbre of the original. The study is a first step towards developing vocal prostheses for humans who have lost the ability to speak.

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Govt ready to talk to farmers but not on repeal of laws, says Tomar

Union Agriculture Minister Narendra Singh Tomar on Friday said the government was ready to talk to the agitating farmers "even if they come at midnight", but not about their demand to repeal the three new laws which are the bone of contention.

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RBI will stick to pushing economic growth at this stage: Deputy guv MK Jain

"The inflation concerns are valid but we have to prioritise growth at this stage", deputy governor MK Jain said at a webinar

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UN Special Rapporteurs write to govt against IT Rules, ask for review

They say the IT Rules seem to be at variance with international law and standards on privacy rights and freedom of opinion and expression, to which India is a signatory

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HDFC Bank board declares dividend of Rs 6.50 per share for FY21

HDFC Bank on Friday said its board has declared a dividend of Rs 6.50 per share for the year ended March 2021. "A dividend of Rs 6.50 per equity share ( 650 per cent on face value of Re 1) out of the net profits for the year ended March 31, 2021, has been recommended, subject to the approval of the shareholders of the bank at its ensuing Annual General Meeting (AGM)," HDFC Bank said in a regulatory filing. If approved at the AGM, the expected date for payment of dividend in electronic form and for dispatch of physical dividend warrants would be August 2, 2021 onwards, it added. The AGM of the bank is scheduled for July 17, 2021 through video conferencing and other audio visual means. Besides, the board approved revising the re-appointment of Umesh Chandra Sarangi as an independent director from March 1, 2021 till February 29, 2024. Earlier, the board had okayed his tenure from March 2021 till February 5, 2022. Also, the board sought to appoint M M Nissim & Co LLP, chartered ...

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Three-row SUVs to gain further traction as auto firms line up launches

Auto firms line up launches as segment gains traction

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REITs reduce borrowing costs by about 200 basis points or more in FY21

Top property developers such as Godrej Properties and the rental arm of DLF reduced their borrowing costs in FY21 by 110 bps and 145 bps, respectively

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Indian sprint icon Milkha Singh dies after a month-long battle with Covid

Indian sprint legend Milkha Singh died on Friday after a month-long battle with Covid-19, during which he lost his former national volleyball captain wife Nirmal Kaur to the same ailment

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Paytm First Games secures $30-mn loan from One97 Communications, others

The loan will be given in two tranches, payable within five years, and will also have the option to be converted into equity shares

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Thursday, June 17, 2021

Top 5 Indian IT compannies to add over 96,000 employees: Nasscom

The IT-BPM sector overall employs 4.5 million people as of March 2021, Nasscom said.

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Odisha Mining Corp contributes Rs 500 crore to CM's Relief Fund for Covid

The Odisha Mining Corporation contributed an amount of Rs 500 Crore to Odisha Chief Minister's Relief Fund

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Comprehensive RNA-Atlas

By cleverly combining complementary sequencing techniques, researchers have deepened our understanding of the function of known RNA molecules and discovered thousands of new RNAs. A better understanding of our transcriptome is essential to better understand disease processes and uncover novel genes that may serve as therapeutic targets or biomarkers.

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A remote control for gene transfer

Researchers develop technology to introduce genes into single cells in a targeted manner.

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Prototype may diagnose common pregnancy complications by monitoring placental oxygen

Researchers have developed a prototype device that could potentially diagnose pregnancy complications by monitoring the oxygen level of the placenta. The device sends near-infrared light through the pregnant person's abdomen to measure oxygen levels in the arterial and venous network in the placenta.

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Induced hypothermia after cardiac arrest did not improve survival

Since 2005, the guidelines for the care of unconscious cardiac arrest patients have been to cool the body temperature down to 33 degrees Celsius. A large, randomized clinical trial has now shown that this treatment does not improve survival.

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Beneficial bacteria can be restored to C-section babies at birth

Babies born by Cesarean section don't have the same healthy bacteria as those born vaginally, but a new study finds that these natural bacteria can be restored.

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Thin, stretchable biosensors could make surgery safer

A research team has developed bio-inks for biosensors that could help localize critical regions in tissues and organs during surgical operations.

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If you ride an e-scooter, take safety precautions

New research shows that nearly 28% of all electric scooters reported injuries were head and neck injuries.

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Indian UHNIs to invest up to $30 bn in tech startups by 2025: Report

The report titled, 'Turning Ideas to Gold', also noted that India could add 95 new tech unicorns to its 56-strong unicorn pool by the same time period.

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Third wave of Covid-19 won't pose greater risk to children: Study

AIIMS survey finds over 50% children had asymptomatic Covid infection

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Economy likely shrunk 12% in June quarter amid Covid-19 crisis: UBS

The economy had its worst contraction on record in FY21 at 7.3 per cent as the 2.5 months of unplanned lockdown announced by the Centre

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Adani stock rout extends; Rs 1.59 trn market-cap wipe out this week

Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day

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ACME joins hand with UNSOPS & IFU for 250 MW solar project

The total value of the project is close to US$ 200 million, of which about a quarter would be financed through equity contributions by the three co-investors, ACME said in a statement.

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Inflation impact on sovereigns depends on real interest rates: Fitch

Higher levels of global government debt as a result of the coronavirus pandemic have made sovereign creditworthiness increasingly sensitive to interest rate changes.

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Makes sense to remain constructive on equities: Nimesh Shah of ICICI Pru MF

The MD and CEO of the fund house says India remains attractive as firms have deleveraged, credit growth is very low, capex cycle is yet to revive and profit-to-GDP ratio is low too

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Makes sense to remain constructive on equities: Nimesh Shah of ICICI Pru MF

The MD and CEO of the fund house says India remains attractive as firms have deleveraged, credit growth is very low, capex cycle is yet to revive and profit-to-GDP ratio is low too

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First months decisive for immune system development

Many diseases caused by a dysregulated immune system, such as allergies, asthma and autoimmunity, can be traced back to events in the first few months after birth. To date, the mechanisms behind the development of the immune system have not been fully understood. Now, researchers show a connection between breast milk, beneficial gut bacteria and the development of the immune system.

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Numerical study reveals origin of 'motion of the ocean' in the straits of Florida

Using a numerical model that simulates ocean currents, researchers are shedding light on the important ''motion of the ocean'' in the Straits of Florida. They have conducted a first-of-its-kind study identifying the mechanisms behind the formation of sub-mesoscale eddies, which have important environmental implications and play a significant role in the health of the Florida Keys coral reef ecosystem.

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Simple urine test may help early detection of brain tumors

A recent study revealed that microRNAs in urine could be a promising biomarker to diagnose brain tumors. Their findings have indicated that regular urine tests could help early detection and treatment of brain tumors, possibly leading to improved patient survival.

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A distinctive inflammatory signature found in a genetic form of ALS

Researchers find an increase in inflammatory molecules in serum and cerebrospinal fluid of C90RF72 patients, informing future anti-inflammatory therapies.

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Television advertising resilient in May, volumes rise 64% YoY: BARC data

Marginal dip sequentially; for April and May combined, ad volumes surpass 2019 levels, helped by IPL: BARC data

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Exploring windows to enhance shareholder value: Thyrocare Technologies

Thyrocare's market capitalisation is around Rs 6,916 crore. The deal thus could be for a shareholding in the firm

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Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta from Com...