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Here is a masonry blog layout with no sidebarNasdaq 100’s unrelenting declines ring a dot-com bust alarm bell
Down almost 12% in January, the Nasdaq 100 is on course for its worst month since the 2008 global financial crisis. On any four-day basis, the current streak of 1% drops was the first since 2018. “If you just look at those two prior instances, right after 9/11 was a...
Global crypto market suffers $1-trillion loss as Bitcoin crashes
Given their relatively high volatility and valuations, cryptocurrencies' increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at $35,000...
India reports over 3.33 lakh new COVID-19 cases, daily positivity rate at 17.78 pc
As many as 525 fatalities were registered in the last 24 hours, taking the country's death toll to 4,89,409. The total recoveries climbed to 3,65,60,650 with 2,59,168 people recovered in the past 24 hours, the ministry said India reported 3,33,533 new COVID-19 cases...
Pandemic darlings face the boot as investors eye return to normal life
"What we think is very interesting is that Omicron, because of its very high infectiousness, very low morbidity compared to previous waves such as the Delta variant, might actually be the first tangible sign that the pandemic is evolving in the direction that we all...
Biden economic agenda focusses on climate, inclusive growth and elder care: Janet Yallen
U.S. Treasury Secretary Janet Yellen Yellen said inadequate paid leave and high child care costs have kept many people out of the workforce, which could be remedied by the administration's proposed two years of universal early childhood education and expanded child...
Meta, Snap sued over social media ‘Addicted’ girl’s suicide
Meta and Snap knew or should have known that “their social media products were harmful to a significant percentage of their minor users,” according to the lawsuit. “In other words, defendants intentionally created an attractive nuisance to young children, but failed...
3 doses of mRNA Covid vaccines very effective against Omicron, Delta: Study
"Our findings provide important evidence that booster shots are highly effective and those who are unvaccinated are at significantly greater risk of experiencing more severe Covid-19 outcomes and should get vaccinated and boostered as soon as possible," researcher...
Climate, COVID, China: Takeaways from online Davos event
With Africa “the most negatively affected” by climate change though the continent contributes “the least” to it, Nigerian Vice President Yemi Osinbajo asked Friday for developed nations to remain committed to their pledge of providing $100 billion annually to support...
Aspirational districts now eliminating barriers to progress: PM Modi
Launched by the prime minister in January 2018, the aspirational districts programme aims to quickly and effectively transform 112 most under-developed districts across the country New Delhi" Aspirational districts are now eliminating the barriers to the progress of...
Intel’s $20 billion Ohio factory could become world’s largest chip plant
The move is part of Chief Executive Officer Pat Gelsinger's strategy to restore Intel's dominance in chip making and reduce America's reliance on Asian manufacturing hubs, which have a tight hold on the market WASHINGTON/SAN FRANCISCO: - Intel Corp said on Friday it...
UK classifies new form of Omicron as ‘variant under investigation’
In total, 40 countries have uploaded 8,040 BA.2 sequences to the Global Initiative on Sharing All Influenza Data (GISAID) since November 17, 2021 and at this point, it is not possible to determine where the sub-lineage may have originated, . London: A new form of...
Seven dead, 16 injured in massive fire in central Mumbai high-rise
"It is a ground plus 20-storey building. The blaze erupted around 7 am in Kamla building located opposite Gandhi Hospital at Gowalia Tank,when many of its residents were still asleep The fire broke out on its 18th floor. Several persons were injured in the incident...
With 3.37 lakh new COVID-19 cases, India reports 9,550 less infections in last 24 hrs
In the last 24 hours, 488 people succumbed to the virus. The death toll is now at 4,88,884. A total of 10,050 cases of Omicron variant of COVID-19 have been detected so far. The ministry said that there is an increase of 3.69 per cent in Omicron cases since yesterday...
5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: Trai
"Holistic approach will be required to ensure availability of digital infrastructure in building complexes, that also in a non-discriminate manner. There is a huge problem in getting access to the buildings by the infrastructure providers, telecom service providers...
HDFC Life net profit rises 3% to Rs 274 cr in Q3 FY 22
“Business sentiment remains positive and the high-frequency indicators suggest economic revival is on track. We are optimistic about the sustenance of business momentum in the months to come,” said Vibha Padalkar, MD & CEO, HDFC Life Insurance Mumbai: HDFC Life on...
PFRDA to ‘discuss’ plan to raise equity exposure in NPS to 75%
"Currently, they have a maximum equity exposure of 50 per cent but that too 50 per cent we call auto kind of investment. So this auto choice is nothing but it follows a lifecycle fund pattern where up to the age of 35, it will be 50 per cent in equity and balance will...
Most people feel I-T exemption limit could be raised from Rs 2.5 lakh: Survey
As many as 36 per cent of the survey respondents felt that the 80-C deduction limit of Rs 1.5 lakh will be increased, while 19 per cent felt that the standard deduction could be increased for salaried class from the current Rs 50,000 New Delhi: A majority of...
Back in court – UK hospitality groups take on insurers over lockdown losses
Corbin & King, the owner of London's Wolseley and Delaunay restaurants is suing AXA for around 4.5 million pounds in a dispute that hinges in part on the scope of "denial of access" cover, designed to protect insured venues that are shut by public authorities on...