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Election stirs debate about Fed’s handling of political pressure

Saheli 07 Apr 2016 681 Views

Donald Trump says the Federal Reserve has stoked asset bubbles and backs a congressional review of its decisions. Bernie Sanders also wants to “audit” the Fed to make it less beholden to Wall Street. Ted Cruz calls for a return to a gold standard abandoned in 1933. Such voices from ... Read More »

Single-sex schools ‘must adapt for transgender pupils’
Education

Single-sex schools ‘must adapt for transgender pupils’

Saheli 07 Apr 2016 608 Views

The Association of Teachers and Lecturers has voted to lobby for better training on the issue for school staff. Schools were “ill-prepared” for such issues, one teacher told the gathering. But practical steps to modify changing facilities, toilets and uniforms are straightforward, say teachers with experience of supporting these pupils. ... Read More »

FDA approves biosimilar to Remicade for arthritis, IBS
Health

FDA approves biosimilar to Remicade for arthritis, IBS

Saheli 07 Apr 2016 626 Views

BETHESDA, Md., April 6 — A drug very similar to Remicade was approved by the U.S. Food and Drug Administration for treatment of Crohn’s disease, rheumatoid arthritis, irritable bowel syndrome and other chronic conditions, the agency said. Inflectra is a biosimilar to Remicade, and while not a direct copy, it ... Read More »

Kamla Advani passes away

Saheli 07 Apr 2016 696 Views

Kamla Advani, wife of senior BJP leader L K Advani, died here on Wednesday at the All India Institute of Medical Sciences (AIIMS) due to cardiac arrest. The AIIMS report said, “Smt. Kamla Advani, wife of Shri L K Advani, aged 83 yrs., was brought to the Main Casualty, AIIMS ... Read More »

‘IS suspect’ released

Saheli 07 Apr 2016 623 Views

The anxious family of 34-year-old Mohammed Ismail, who was detained on Tuesday at Pune by NIA investigators, suspecting him of being an ‘IS recruiter’, heaved a sigh of relief after he informed the family of his release. Confirming this to The Hindu over phone from Bhatkal, Ismail’s father Rauf Ahmed ... Read More »

Malaysia parliament report calls for probe into 1MDB

Saheli 07 Apr 2016 560 Views

A Malaysian parliamentary inquiry on Thursday slammed the board of state fund 1MDB for being irresponsible and urged a probe into its former chief, but stopped short of implicating Prime Minister Najib Razak who was an advisor for the troubled firm. Parliament’s Public Accounts Committee (PAC) said senior management at ... Read More »

WHO: Number of diabetes patients quadrupled since 1980
Health

WHO: Number of diabetes patients quadrupled since 1980

Saheli 07 Apr 2016 655 Views

WASHINGTON, April 6  — Nearly 10 percent of the global population is living with type 1 or type 2 diabetes, according to a new report showing the number of people with the condition has more than quadrupled in the last 25 years. The World Health Organization released its Global Report ... Read More »

Security beefed up in Mumbai, Punjab

Saheli 07 Apr 2016 619 Views

The city has been on a terror alert since Monday, following an advisory received from the Union Home Ministry on a possible terror strike by three men travelling in an explosive-laden car from the Punjab border towards Delhi, Mumbai and Goa. Senior Maharashtra officials said this was the sixth such ... Read More »

Mega deals morph into mega problems for Wall Street
Business

Mega deals morph into mega problems for Wall Street

Saheli 07 Apr 2016 626 Views

If 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega transactions that had champagne corks popping in boardrooms are running into antitrust problems and, in the case of pharmaceutical firm Pfizer Inc’s (PFE.N) $160 billion takeover of ... Read More »

Two militants killed in J&K encounter

Saheli 07 Apr 2016 563 Views

Two militants were killed in a gun battle with security forces in south Kashmir’s Shopian district early Thursday. “Two militants were killed in an encounter with security forces in the wee hours today,” a senior Army official said. “The operation is still underway,” the official said. [Source:- The Hindu ] Read More »

Dollar sinks again after Fed remains cautious

Saheli 07 Apr 2016 604 Views

The dollar’s fall against the yen deepened on Thursday after minutes of the U.S. Federal Reserve’s most recent policy meeting offered little optimism over the state of global growth and the prospect of a rise in interest rates in June. The U.S. currency .DXY, hammered since late March by the ... Read More »

US university in Scalia law school acronym blunder
Education

US university in Scalia law school acronym blunder

Saheli 07 Apr 2016 691 Views

George Mason University in Virginia said its law school would be called the Antonin Scalia School of Law. The eagle-eyed immediately took to Twitter to point out that the acronym would be ASSoL. The university has since renamed it as the Antonin Scalia Law School. Image copyright@vijayprashad Image copyright@99percentsassy In ... Read More »

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