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Orangutan’s use of medicinal plant to treat wound intrigues scientists
"To our knowledge, this is the first documented case of active wound treatment with a plant species with medical properties by a wild animal," said study senior author Caroline Schuppli, an evolutionary biologist at the institute In June 2022, a male Sumatran...
Developing Asia and the Pacific failed to secure well-being of aging population: ADB report
``Governments need to prepare now if they’re going to be able to help hundreds of millions of people in the region age well. Policies should support lifetime investment in health, education, skills, and financial preparedness for retirement. Family and social ties are...
Oral cancer costs India $5.6 Billion in lost productivity in 2022: Tata Memorial Centre
India contributes two-thirds of the global mortality due to oral cancer and has a younger population at risk, said the study, which analysed how the disease affected 100 patients treated between 2019 and 2020 with a follow-up of 36 months Mumbai: A study by the Tata...
Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark
Tesla in a hearing at the Delhi High Court this week said the Indian company had continued advertising its products with the "Tesla Power" brand despite a cease-and-desist notice sent in April 2022, according to details of the proceedings posted on the court website...
SC asks Centre to furnish details on notices, arrests done under GST Act
"You furnish the data on notices issued and arrests made under the GST Act for alleged defaults of Rs 1 crore to Rs 5 crore respectively for the past three years. There can be harassment of people and we won't permit that. If we find there is ambiguity in the...
Air France, Lufthansa Group airlines part of EU greenwashing probe
Industry group Airlines for Europe (A4E) said in a statement that it recognised the importance of clear information about sustainability, but that current regulations in the EU "vary significantly between countries and are still evolving". It is unclear which other...
Chubb to pay $350 million to Maryland govt for Baltimore Bridge collapse
Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims Grace Ocean Private Ltd., the owner of the Dali container ship that hit the bridge, and its manager Synergy Marine Pte petitioned to limit their liability to a maximum of $43.6...
GST National Coordination meeting on Friday may discuss tightening noose on fake registrations
Sanjay Malhotra,Revenue Secretary, Ministry of Finance The meeting is also scheduled to discuss ways to reach out to the mastermind of GST fraud by following the money trail, sources added. To identify risky taxpayers suspected of passing or availing fake ITC, tax...
Docs warn gym goers as sudden heart attacks return, killing at least 4 in 24 hrs
Dr Manish Aggarwal, Senior Consultant and head of interventional cardiology at PSRI Hospital, noted that a doctor's assessment can warn of any risk factor for coronary artery disease, diabetes, hypertension, strong family history of heart disease, which can help avert...
India must expand Universal Health Coverage for ageing population, maintain economic growth: ADB Report
While the South Korea and Thailand have achieved universal health coverage, others lag behind with India having the lowest health insurance coverage among older people at 21 per cent, a report titled 'Aging Well In Asia' prepared by ADB said Tbilisi:India is one of...
Govt widens spices probe amid contamination concerns
India is the world's biggest exporter, producer and consumer of spices, and its domestic market for the products was valued at $10.44 billion in 2022, according to Zion Market Research. Beyond MDH and Everest, other major manufacturers include Madhusudan Masala, NHC...
ADB ‘Vastly Overstated’ climate finance claims in Asia, says Oxfam
The ADB, however, reaffirmed its figures, standing by its methodology and commitment to deliver USD 100 billion in climate financing by 2030, with USD 34 billion earmarked for adaptation and resilience. The Asian Development Bank's actual finance numbers for its...
US appeals court says kids’ climate lawsuit must be dismissed
The plaintiffs had argued in their 2015 lawsuit that the government has permitted, authorized and subsidized fossil fuel extraction and consumption despite knowing those actions cause catastrophic global warming AU.S. appeals court on Wednesday said a lawsuit filed by...
Global microinsurance premiums touch $5.8 billion in 2023, cover only 15% of market: Report
The 2023 Study, drawing on from 294 insurers covering 1,040 products across diverse sectors, including health, life, agriculture, and property, estimates the value of the microinsurance market across 36 countries at USD 41.4 billion. With only 15 per cent of that...
Fight climate change with fiscal discipline
The transition to clean energy requires enormous public investment in electricity generation and distribution, in addition to the far larger expense of mitigating the damage caused by rising temperatures. Further delay will increase the public and private costs more...
Generative AI could boost bank revenues by 6 pc in next three years: Accenture
The report also delved into the transformational effect of generative AI on different banking roles. It categorized these roles into three main groups. Approximately 41 per cent of banking occupations, primarily involving data collection and processing, have a high...
Inflation worries continue for US Fed, no policy rate cut for sixth time
Fed Chair Jerome Powell Indeed, Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the "greater confidence" needed for them to kick off interest rate cuts Washington: The U.S. Federal Reserve held interest...
Gender differences in mortality outcomes from fatal and non-fatal events in 2021: Lancet Study
Women around the world were also found to be disproportionately impacted by mental health conditions. Life years lost to depressive disorders were found to be over a third higher among women than men. The widest sex-based gaps affecting women were observed in...