Country Financial News

Some California lawmakers want to make striking workers eligible for unemployment benefits

Sandwich chain Subway said Thursday it will be sold to Roark Capital, a private equity firm with expertise in restaurant management

Fast fashion retailers Shein and Forever 21 are going into business together

Japan’s tsunami-wrecked nuclear power plant in Fukushima is releasing its first batch of treated radioactive water into the Pacific Ocean

HDFC has launched its first co-branded credit card with Mariott Bonvoy, on Thursday. The bank has launched it to cash in on the consumer sentiments of ‘Revenge spending’ post the pandemic and since both domestic and international trips, and spending on those trips had grown post the pandemic.

Congress on Thursday shared several photographs of Jawaharlal Nehru and Indira Gandhi with doyens of India's space programme such as Vikram Sarabhai to highlight the continuity in the country's progress in the sector.

By Siddarth S

Congress leader Rahul Gandhi held an interaction with a group of youths after he reached Kargil town on Thursday evening on the last leg of his over week-long tour of the Union Territory of Ladakh. The former Congress president is scheduled to address a public meeting on Friday in poll-bound Kargil before returning to Delhi, senior Congress leader and former legislator Asgar Ali Karbalai said. The election to 26 seats of the 30-member Ladakh Autonomous Hill Development Council (LAHDC) Kargil, is slated for September 10 and the counting of votes will be held four days later. After an overnight stay at Padam in Zanskar Tehsil of Kargil, the 53-year-old Gandhi reached Kargil town late this afternoon, riding on his motorcycle.

Sarbananda Sonowal, on Thursday said that in the Northeast, 20 National Waterways and various projects of more than Rs 800 crores are being implemented for development of these National Waterways in the region. He added attended the Memorandum of Understanding (MoU) signing ceremony between Inland Waterways Authority of India (IWAI) and Numaligarh Refinery Limited (NRL) to use National Waterways-2 (Brahmaputra) and Indo Bangladesh Protocol Route (IBPR) for export of petroleum products to Bangladesh and other south east Asian countries. The MoU is aimed at powering PM Gati Shakti National Master Plan to boost India’s Act East Policy. NRL will export around 10,000 MT of Petroleum & Petrochemical products per month from IWAI Jogighopa Multi Modal terminal.

Dengue virus could become more virulent due to increasing temperatures, according to a study that could help in predicting and mitigating the severity and virulence of the recurring tropical disease that witnesses an outbreak in the monsoon. Researchers at Rajiv Gandhi Centre for Biotechnology (RGCB) in Kerala found that dengue becomes more severe and hostile in animal models when its virus (DENV) while being grown in mosquito-derived cells is exposed to higher temperatures. The research, published recently in the FASEB journal, can help in predicting and mitigating the severity and virulence of dengue which has an estimated global disease burden of 390 million cases per year. «Dengue being a mosquito-transmitted disease, the ability of the causative virus to grow in the cells of mosquito as well as in humans is a critical factor in viral virulence. The body temperature of mosquitoes is not constant as in higher animals and it increases or decreases with the environmental temperature,» said Easwaran Sreekumar, the team leader of the research from RGCB. «So far it is not known whether the higher temperature growth condition will affect the virulence of the virus. For the first time, our recent study points out that there is such a possibility. DENV cultured at a higher temperature in mosquito cells was significantly more virulent than the virus grown at a lower temperature,» the researchers said. The team of researchers at RGCB involved in the study includes Ayan Modak, Srishti Rajkumar Mishra, Mansi Awasthi, Sreeja Sreedevi, Archana Sobha, Arya Aravind, Krithiga Kuppusamy, and Sreekumar.

By Ahmad Ghaddar

By Mark Trevelyan

Investing.com — Oil prices fell Thursday after the latest U.S. labor market data suggested conditions remained tight, opening the possibility for further interest rate increases by the Federal Reserve with the Jackson Hole symposium in focus.

₹999, with a majority priced below ₹499. The move reinforces competition at the value-end of the market with more retailers eyeing a greater share chasing those consumers.

Popular sandwich chain Subway is selling itself to private equity firm Roark Capital for $9.55 billion. The deal ends a long-drawn auction that saw several competing bids and comes with several conditions that defer payment on part of the deal consideration. Founded in 1965, Subway is still owned by its founding families.

India’s digital public infrastructure (DPI), minister of state for electronics and IT Rajeev Chandrasekhar said in the national capital on Thursday. “Effectively, almost all of the government, and the G2C — government to citizen — interface will be digital over the next two years,” Chandrasekhar said. There has never been a more exciting time for India’s place in tech, the minister said, citing the success of the Chandrayaan-3 moon landing on August 23, which made India the first country to land near the south pole of the moon. It showed India’s capability in executing complex, deep-tech missions with global-standard aptitude and skill, Chandrasekhar said, and this indicates India’s “techade” and the digital economy forming 20-25% of the GDP is a realisable goal. India has an opportunity to become a trusted long-term partner in supply chains, IP and talent, he added.

sugar production in Maharashtra and Karnataka, an official from the National Federation of Co-operative Sugar Factories Limited said on Thursday. In order to meet domestic demand, there could even be a ban on exports, National Federation of Co-operative Sugar Factories Limited chairman Jaiprakash Dandegaonkar told PTI. «The expected sugar production for the year was 330 lakh tonnes but there could be a dip, while the carry over stock in the country is 65 lakh tonnes.

I remember, when they landed on the moon, PM Indira Gandhi had asked Rakesh Roshan [sic] that how does India look from there. how does it look from space)" See the video here The guffaw, of course did not go down well with social media users. Everyone was quick to notice and memes followed.

₹36,000 crore of the research funding is to come from the private sector whereas the government will put in ₹14,000 crore for the same, to ensure greater participation of industry," he said. Singh said as India is in the frontline of diabetes research in the world, the prevention of diabetes in the youth and pregnant women is a priority.

By Abigail Summerville, Anirban Sen and Deborah Mary Sophia

GST billing software. This article comprehensively explores the pros and cons to understand its impact on businesses. The GST (Goods and Services Tax) billing software is a specialized tool crafted to aid businesses in creating and overseeing invoices while also managing different facets of taxation and compliance associated with GST.