"During the medium-term, in the run up to the general elections,...
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German firms diversify in Asia to reduce China risk – survey
Firms are building supply chains that are independent of China,...
War risk insurance rates edge up after surge in Red Sea ship attacks
Insurance industry sources said that war risk premiums had stayed...
Exposure to air pollution linked to risk of kidney diseases: Study
The researchers estimated the monthly average levels of tiny particles of air pollution — called fine particulate matter — based on participants’ home addresses. They noted that fine particulate matter comes from a variety of sources including fossil fuel combustion, industrial processes, and natural sources.They found that exposure to higher amounts of fine particulate matter was associated with a higher degree of albuminuria — a marker of kidney dysfunction — at the start of the study as well as a higher risk of developing chronic kidney disease over time
Powered by hydrogen, Hyundai’s trucks aim to conquer the Swiss Alps
Hyundai's hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for its zero-emissions technology in a low carbon world. Invented nearly two centuries ago, hydrogen...
Indians consume over 11GB data daily, spend 70 mins a day on OTT platforms
“We believe the migration of subscribers to 4G will continue to drive broadband growth in the country. The upcoming 4K/8K videos and industry 4.0 solutions that promise to enhance productivity and bring down expenses for industries across different verticals, demand ultra high speed and extremely low latency. The Indian telcos will need to consider other connectivity solutions to leverage the new opportunities and to address the growing data consumption,” Sanjay Malik, Senior Vice President & Head of India Market at Nokia said.
Coronavirus fuels recession fears: Worst week for global markets since 2008
“The coronavirus now looks like a pandemic. Markets can cope even if there is big risk as long as we can see the end of the tunnel,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities. “But at the moment, no one can tell how long this will last and how severe it will get.”
Raghurmam Rajan’s advice to govts: Fight virus first, worry about stimulus later
“At this point I would say the best thing that governments can do is to really fight the epidemic rather than worry about stimulus measures that comes later,” said Rajan, who is currently a professor at the Chicago Booth School of Business.
Coronavirus spread puts densely populated India on high alert
Apart from its sheer size, India is cause for particular worry because of the density of its population: 420 people live on each square kilometer (about 0.4 of a square mile), compared with 148 per square kilometer in China. Places like Mumbai’s Dharavi slum, or even a typical Indian household containing extended families, can facilitate contact with virus-bearing droplets emitted by breathing, talking, coughing or sneezing.
Sensex nosedives 1,448 pts,Investors lose Rs 5.50lakh crore
Even as the Indian shares sank on Friday for a sixth straight session, capping their worst week in more than a decade, over fears that the fast-spreading coronavirus outbreak could trigger a global recession.the country’s gross domestic product (GDP) growth in the October-December quarter of 2019 (Q3 of FY20) stood at 4.7 per cent, showed official data released by the Central Statistics Office (CSO) on Friday.
March-May period likely to be warmer than normal: IMD
It is likely to be warmer than normal by 0.5 to 1 degree Celsius over Jammu and Kashmir, Haryana, Chandigarh and Delhi (HCD), west Uttar Pradesh, east Rajasthan, east and west Madhya Pradesh, Chhattisgarh, Odisha, sub-Himalayan West Bengal, Gujarat, Maharashtra, Goa, north interior and coastal Karnataka, Rayalaseema in Andhra Pradesh and Kerala.
If issues not resolved, Coronavirus will pose challenges to economy in 3 weeks: Sitharaman
On the impact of coronavirus on the economy, Finance Minister Nirmala Sitharaman on Friday said there is no need to immediately press the “panic button”, but admitted that it may get challenging if the issues prolong for another two or three weeks, citing her conversations with the industry players over the last few days.
Govt to meet exporters on Mar 3 to discuss opportunities amid coronavirus
“The outbreak of this disease has reflected that depending completely on one country for goods is not a good idea and in such a situation, India is best placed to fill this global supply chain gap,” the source said.