This symptomless herpes virus can harm newborns, organ transplant & HIV patients
New Delhi, July 6 - Cytomegalovirus (CMV) is a common and symptomless herpes virus that can cause serious harm to newborn babies and people with impaired immune systems like organ transplant and HIV patients, said experts here on Saturday.
Pak’s macroeconomic environment was challenging in 2023: Central bank
Islamabad, July 6 - Pakistan's macroeconomic environment in the calendar year 2023 remained challenging amid rising inflation, weak foreign exchange inflows, pressures on external account and local currency, and low business confidence, particularly in the first half, the State Bank of Pakistan (SBP)
FM Sitharaman to present Union Budget on July 23
New Delhi, July 6 - Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 on July 23, Parliamentary Affairs Minister Kiren Rijiju announced on Saturday.
Govt tells auto firms to liberalise repair services for consumers’ benefit
New Delhi, July 7 - The Centre’s Department of Consumer Affairs has asked automobile manufacturers to enhance efforts towards democratisation of repair manuals and videos accessible to all, fostering a robust ecosystem for third-party repair services and upholding consumer rights.
Indian startups raised nearly $176 million across 16 deals in July 1st week
New Delhi, July 6 - The Indian startup ecosystem raised nearly $176 million in funding across 16 deals in the first week of this month.
Luxury housing surged to 41 pc of total sales in H1 2024 in India
New Delhi, July 6 - India's real estate market witnessed higher luxury housing sales in H1 2024 due to the robust economy and growing demand for luxury lifestyles.
FPIs infuse Rs 7,962 crore in equity this month, Rs 6,304 crore in debts
New Delhi, July 6 - Foreign portfolio investors (FPIs) infused Rs 7,962 crore in equity this month (till July 5) while their debt investments in the same period stood at Rs 6,304 crore, market watchers said on Saturday, citing the NSDL data.
RBI fines Punjab National Bank for breach of rules
Mumbai, July 6 - The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on ‘Loans and Advances – Statutory and Other Restrictions’ and breach of
More foreign firms enlist to invest in India as infra projects fuel growth
New Delhi, July 6 - More large foreign manufacturers of heavy machinery used in the infrastructure sector figure in the list of more than 15,000 companies that have registered to set up units in the country during June, according to data compiled by
Ola exits Google Maps, moves to in-house Ola Maps
New Delhi, July 6 - India's major ride-hailing company Ola has exited Google Maps and has shifted to its own Ola Maps for cab operations.
India records 15 pc jump in electricity generation for May amid scorching heat wave
New Delhi, July 6 - India’s electricity production went up by a robust 15.06 per cent to 167.55 billion units in May this year compared to 145.61 billion in the same month last year, as demand surged amid the scorching heat wave, according
Atal Innovation Mission empowering innovators in Tier 2 & 3 cities: Director
New Delhi, July 6 - Atal Innovation Mission’s (AIM) Community Innovator Fellows (CIFs) programme is empowering innovators in Tier 2 and Tier 3 cities, said Dr. Chintan Vaishnav, Mission Director at AIM.
Startups, Global Capability Centres created 8 cr jobs in India in 5 years: Labour Secy
New Delhi, July 6 - Global Capability Centres (GCCs) and startups have emerged as major players in creating jobs in India.
Centre notifies new Telecommunications Act provisions, focuses on spectrum utilisation
New Delhi, July 7 - The government on Friday notified another set of sections of the Telecommunications Act 2023, that came into effect with immediate effect.
June saw over 42 lakh new demat accounts amid bullish stock market
New Delhi, July 5 - As the Indian stock market keeps touching new highs amid a record bull run, over 42.4 lakh new demat accounts were opened in the month of June, the highest account opening rate since February.
European Commission asks Amazon to furnish details over recommender algorithms, ads transparency
London, July 5 - The European Commission on Friday sent e-commerce giant Amazon a request for information (RFI) under the Digital Services Act (DSA).
Women entrepreneurs get shot in the arm with more avenues for finance
Mumbai, July 5 - Financing Women Collaborative (FWC), an initiative of Women Entrepreneurship Platform (WEP) on Friday announced new collaborations to support women entrepreneurs by strengthening their access to finance at a workshop held here.
Govt rolls out electric bicycles to accelerate Lakhpati Didi scheme
New Delhi, July 5 - The Ministry of Rural Development on Friday signed an MoU with Convergence Energy Services Limited to empower rural women self-help groups by providing them with electric bicycles in order to give them access to green mobility.
Mobile tariff hike: Centre responds to misleading claims
New Delhi, July 6 - The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector players, the current mobile services market operates through the market forces of demand and supply.
Personal finance insights: Market sentiments, investment strategies, and economic trends
By YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +16.2% (above average)NYSE %Above 50-dMA 50.13% (positive, barely)Delta MSI 49.0% (negative) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 60.59%, Hybrids 4.53%, Bonds 17.88%, M-Mkt 17.01% INTEREST RATESCME FedWatchFOMC 7/31/24+ hold (cycle peak 5.25-5.50%)FOMC 9/18/24+ cutTreasury 3-mo