If each of the 10 richest Indian billionaires were to spend USD one million daily, it would take them 84 years to exhaust their current wealth, while an annual wealth tax applied to multi-millionaires and billionaires would raise USD 78.3 billion a year that would be...
Facts
Over 5 million Chinese students suffer from spinal deformity
On China's Twitter-like social media platform Sina Weibo, many netizens have attributed the condition of the Chinese students to heavy schoolbags, and inappropriate sizes and heights of desks for children in different physical developmental stages reported Global...
First Indian study provides evidence of Omicron’s community transmission
The study states that around 60.9 per cent of COVID-19 infected people showed a community spread It stated that most of the Omicron cases were asymptomatic and did not require any hospitalizations Most of the Omicron variant infected patients of COVID-19 during the...
CDC encourages more Americans to consider N95 masks
The latest CDC guidance notes that there is a special category of “surgical N95'' masks, that are specially designed for protection against blood splashes and other operating room hazards. Those are not generally available for sale to the public, and should continue...
Aurizon and Anglo American look to hydrogen-powered trains in Australia
As part of its commitment to carbon neutral mines by 2040, Anglo American has taken a global lead in the development of green hydrogen solutions for its ultra-class 290 tonne payload mine haul trucking fleet. As part of its commitment to carbon neutral mines by 2040,...
For BP, car chargers to overtake pumps in profitability race
"If I think about a tank of fuel versus a fast charge, we are nearing a place where the business fundamentals on the fast charge are better than they are on the fuel," BP's head of customers and products Emma Delaney told Reuters BP says its fast electric vehicle...
Indian markets gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report
The market rally that began from June 2020 and lasted till October 2021 will not hold this year and the return will be in high single-digit of say up to 9 per cent, Amish Shah, a research analyst at the brokerage, said and expects Nifty at 9,100 by December He also...
Rise in households’ inflation expectations impacts their savings in bank term deposits: RBI paper
Especially in the case of a developing economy, it is desirable for households to save in financial instruments like debt or equity, which can be utilised further into production enhancing activities, the paper said. However, considering the still nascent stage of...
WHO recommends two new drugs to treat patients with COVID-19
According to the WHO Guideline Development Group, it is “strongly recommended” for patients with severe or critical disease in combination with corticosteroids. The group of international experts based their recommendation on “moderate certainty evidence” that it...
Money smarts arouse passion in millennials
According to a new survey from buy-now, pay-later company Affirm, millennials see the ability to manage finances as the No. 1 attractive trait in a partner The whipsawing economics of recent years have made millennials keenly aware of financial stability, even more so...