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Central banks favour gold over dollar for reserves, WGC survey
"Gold’s performance during times of crisis, portfolio...
Passenger vehicle wholesales marginally down at 3,44,656 units in May: SIAM
Total vehicle wholesales across categories were up 1.8 per cent at...
Non-communicable diseases like diabetes, hypertension leading cause of death, suffering in India, says report
Commenting on the annual report, Apollo Hospitals Group Chairman Dr Prathap Reddy said, ''Preventive healthcare needs to become a national priority. Over the past 3 decades, NCDs have become the leading cause of death and suffering, contributing to 65 percent of...
Health for all: WHO calls for urgent efforts to bridge gaps accentuated by Covid
Dr Poonam Khetrapal Singh,Regional Director for South-East Asia,WHO ''In 2017, around 299 million people in the South-East Asia region faced catastrophic health spending, and an estimated 117 million people in the region were pushed or further pushed below the...
New WHO manual launched to increase use of helmets for motorcycle riders
Head trauma is the leading cause of death for motorcycle riders, and safe, quality helmets reduce the risk of death by over six times and brain injury by up to 74%. Yet the use of quality helmets in many low-and middle-income countries remains low, even as the number...
Climate change can lead to global outbreaks in dengue, Chikungunya: WHO
These diseases, that spread from mosquitoes to people, are causing an increasing number of outbreaks worldwide, with climate change, deforestation and urbanisation being some of the major risk factors, that allow mosquitoes to adapt better to new environments and...
RBI holds the key lending rate at 6.50% after six repo rate hikes in a row
Shaktikanta Das,Governor, Reserve Bank of India The monetary policy committee (MPC), which has three members from the central bank and three external members, retained the key lending rate or the repo rate at 6.50%, in a unanimous decision Retail inflation...
Howden accelerates growth in the Gulf with the establishment of Howden Bahrain
Dalal Buhejji, Executive Director of Business Development for Financial Services at the Bahrain Economic Development Board, said: “In line with the Financial Services Sector Development Strategy under the Kingdom’s Economic Recovery Plan which outlines an overall...
India reports 4, 435 coronavirus cases in 24 hours, highest in past six months
In the wake of rising COVID-19 cases in India, Union Health Minister Mansukh Mandaviya on Monday said that Omicron's sub-variant which is circulating in the country has not led to an increase in hospitalisations and there is no need to worry. New Delhi: A total of...
Mukesh Ambani ranks 9th in Forbes World’s Billionaires List 2023, highest in Asia
While Forbes' global count of billionaires slipped from 2,668 last year to 2,640 in 2023, the tally in India improved from 166 in 2022 to 169 this year. Forbes noted that falling stocks, wounded unicorns and rising interest rates translated into a down year for the...
Automobile retail sales see double-digit growth in FY23; PV offtake at record high
The two-wheeler segment fell to a seven-year low with total retail sales of 1.59 crore last year. On sales outlook for the current fiscal, the industry body noted: ''As the high-growth period has now passed, FY24 is expected to see tapered growth in the low single...
UN maritime agency raises concerns about shadow oil tanker fleet
Countries including Spain, Australia, the U.S. and Canada are part of a push at the IMO to increase oversight of the murky activities in oil trading that have emerged within the last year. Russia’s invasion of Ukraine — and subsequent sanctions by Western governments...