SINGAPORE: Crude futures jumped on Wednesday as hopes for an agreement among exporters to freeze output underpinned the market, although persistent global oversupply and Iran’s plans to boost production pressured physical oil prices. Oil futures recovered from one-month lows to end the previous session up after the Kuwaiti governor for ... Read More »
NEW YORK: US pharmaceutical giant Pfizer said Wednesday it was abandoning plans for a $160 billion merger with Allergan, citing new US rules cracking down on tie ups aimed at saving on taxes. The deal with the Irish-based firm would have created the world’s largest pharmaceutical company. Pfizer said in ... Read More »
NEW DELHI: Dalal Street has a rupee problem and no one is talking about it. The domestic currency had depreciated 3 per cent against the US dollar till February end on the back of rampant FII selling in the early weeks of the year. Market experts at that time saw ... Read More »
BENGALURU: Property developer Sobha said its new sales fell during the fourth quarter compared to last year as the real estate sector continues to struggle. Sales dropped 14% to 0.88 million square feet space, for the three months ended March 2016, from 1.03 million square feet, a year earlier, the ... Read More »
This copy of the first collected edition of Shakespeare’s plays, published in 1623, was found at Mount Stuart House on the Isle of Bute Academics who authenticated the book called it a rare and significant find. About 230 copies of the First Folio are known to exist. A copy owned ... Read More »
WEDNESDAY, April 6, 2016 — Women are up to twice as likely as men to die from the most dangerous type of heart attack, a worldwide study finds. Although death rates have fallen, there are still significant survival differences after what’s called ST-segment elevation myocardial infarction (STEMI), according to the ... Read More »
As soaring mercury levels leave drought-prone States in a parched condition, the Supreme Court on Wednesday turned the heat on the Centre for not releasing sufficient funds to these States for employment generation under the MGNREGS. A Bench led by Justice Madan B. Lokur said there was no point anymore ... Read More »
CHENNAI: Private insurer Bharti AXA Life Insurance Company has launched a non-market linked life insurance plan called Bharti AXA Life Super Series. The money back plan offers guaranteed income which increases throughout the payout period and gives a guaranteed lump sum payment at the start and end of the payout ... Read More »
WEDNESDAY, April 6, 2016 — Higher doses of radiation may not benefit low-risk prostate cancer patients, a new review suggests. “In the field of radiation oncology, we often assume that the highest dose that the body can tolerate will be most effective at killing cancer,” said senior study author Dr. ... Read More »
WEDNESDAY, April 6, 2016 — A new study hints that genetics could play a role in the development of melanoma even if people don’t get a lot of sunburns. But some U.S. experts say people shouldn’t take this news as an excuse to bake themselves in the sun, which is ... Read More »
A Delhi court on Wednesday took cognisance of a complaint against Prime Minister Narendra Modi for allegedly insulting the National Flag last year on International Yoga Day and during his visit to the United States. “I take cognisance of the complaint and fix the matter for May 9,’’ Metropolitan Magistrate ... Read More »
CHENNAI: With the Reserve Bank of India cutting its key repo rate by 25 basis points (bps) this week, Citigroup has said that there is room for another 25 bps easing in policy rates by September or earlier. The brokerage has cut its FY17 consumer price index (CPI) forecast from ... Read More »
