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US Department of Health and Human Services Secretary Xavier Becerra said on Friday. A top official of his country will be visiting India very soon to address the issue of shortage of some crucial drugs including those for cancer in the US, he said. «We have a very strong and dependent relationship with India when it comes to pharmaceuticals.

Twitter’ to ‘X’ but the underlying rules remains the same. You can’t last long on the microblogging platform if you are disfavoured by ‘Chief Twit’ Elon Musk! An NYU professor just learned this the hard way. Scott Galloway, a marketing professor and public speaker found himself locked out of X after a spat with the billionaire. Taking to Threads the professor revealed the whole saga. A mutual acquaintance had reportedly reached out to him and claimed that the entrepreneur felt “unfairly attacked” by him and wanted a meeting. Galloway denied. The next day he found himself unable to log in to Twitter. He remained banned for over 17 days. “A mutual friend reached out and said Elon feels “unfairly attacked,” by me, and wants to meet. I declined. 2 days later I was locked out of “X,” reads the post. In an interview with the Insider, Galloway revealed he had tried to log back in, but all his efforts went in vain. “Filled out the form on the site, but no word back,” he told the news portal.

By Howard Schneider

By William Schomberg and William James

Kerala received only 877.2 mm of rainfall whereas normal rainfall figures recorded for the Southwest Monsoon in the state are 1,572.1 mm, according to the India Meteorological Department. This translates to a 44 per cent deficit this season. Rainfall data of the seven days from August 10 to 16 illustrate how acute the situation is.

European Union nations are resisting an updated climate pledge showing the bloc is on course to over-deliver on emissions cuts ahead of COP28, in the latest sign of concern over the pace of the green transition. The European Commission, the bloc’s executive arm, is aiming to submit by September a revised pledge showing it’s on course to slash carbon emissions by 57% by 2030, according to a draft document seen by Bloomberg. But Poland, Lithuania, Hungary, Italy, Slovakia and Romania are concerned that the figure — higher than the 55% targeted under the bloc’s green deal — is too ambitious, according to people familiar with the matter.

Jawan’ could enjoy a humongous opening in the USA! According to US-based movie distributor Venky Reviews, the movie sold about 4,800 tickets worth $74200 from 239 locations. Taking to Twitter (now renamed ‘X’), the distributor wrote, “Jawan USA day 1 advance sales $74,158 — 289 Locations — 1334 shows — 4795 tickets sold. 21 days till shows start.” The tweet went viral, amassing more than 123K views and 1,444 likes. «Won’t be surprised if it makes 100-120 crore inr weekend in usa,» gushed a fan. As per a report shared by box-office tracking portal Sacnilk.com, the movie is expected to earn more than that of SRK’s previous release, ‘Pathaan’. It could collect more than Rs 50 crore on day one, predicted the website. In contrast, the Deepika Padukone-SRK-John Abraham starrer minted Rs 37 crore on the first day of release in the US. Khan’s last film, the espionage thriller ‘Pathaan’ was a monstrous hit, earning more than Rs 1000 crore worldwide. It also marked his comeback after a five year hiatus.

deboosting operation successfully on Friday. As per the video feed provided by Roscosmos, the Luna-25 embarked on its journey seamlessly from the Vostochny Cosmodrome, situated in the Far East of Russia.

A bright-red 1962 Ferrari 250 GTO with an asking price above $60 million will go to auction this fall in a classic-car market that has continued to accelerate its prices even as other collectibles categories have slowed down. The race car, whose sale will take place in New York during Sotheby’s major fall sales series, is a particularly rare model—one of only 34 produced by Ferrari. It is also one of two GTO models ever raced by Ferrari’s own team, Scuderia Ferrari, before being sold, according to Gord Duff, global head of auctions for Sotheby’s car-auction arm, RM Sotheby’s.

While overall inflation has fallen significantly since last year, families with young children still face sharp increases in one of their biggest expenses—child care. The national average price of daycare and preschool services rose 6% in July from a year before, the Labor Department reported recently. That was nearly double the overall inflation rate of 3.2%, which was down from its recent peak of 9.1% in June last year.

renewable energy (MNRE) has sought bids for survey of sites identified for offshore wind power projects in Tamil Nadu. A notification released by the ministry showed that the government plans to bid out projects of 4 GW capacity on 1 December, 2023. Further, in the next financial year, the government plans to bid projects with total capacity of 3 GW.

Toddlers are showing up at places once thought of as only for grown-ups, from raves to tattoo parlors. Instead of changing their lives to fit their children, these parents say they are trying to raise kids who fit their lives. They are also looking to avoid paying sky-high babysitting fees.

Analysts at investment bank JMP Securities have said that an approval received by Coinbase to offer crypto futures trading can be taken as evidence of crypto’s resilience in the US.

foreign exchange (forex) reserves snapped a three-week losing streak and stood at $602.16 billion as of August 11, data from the Reserve Bank of India (RBI) showed on Friday. The reserves rose by $700 million from the week earlier, having fallen by a total of $7.6 billion in the prior three weeks. According to the weekly statistical supplement released by the RBI, foreign currency assets (FCAs) increased by $999 million to $534.40 billion.

Prime Minister Modi reiterated the commitment to further strengthen bilateral cooperation, including realising the full potential of Chabahar Port as a connectivity hub. Prime Minister Modi highlighted that the India-Iran relationship is underpinned by close historic and civilisational connections, including strong people-to-people contact.

insurance industry," he added. Ships owned by the company have loaded oil in recent months at the port of Kozmino on Russia’s Pacific coast, where petroleum has consistently been sold at prices above the cap, according to shipping figures gathered by commodity-data provider Kpler and reviewed by The Wall Street Journal. The company continued to ship oil from the port even after the Treasury Department issued a global warning in April against loading oil at Kozmino and other ports in the Russian far east due to violations of the price cap, which prompted some mainstream shipping companies to stop exporting oil from the terminal.

Pfizer, whose products were instrumental during the pandemic, is worth $200 billion. Until recently, though, investors in industries that help treat the consequences of obesity weren’t really sweating. But after a study was released this month showing Novo Nordisk’s Wegovy (the weight-loss version of Ozempic) helped reduce heart attacks and strokes, companies that make medical devices like glucose-monitoring systems and sleep-apnea machines plunged in value.

unemployment rate for China’s youth reached an all time record of 21.3% in June. China’s National Bureau of Statistics responded by ceasing publication of the rate. The move calls attention to the lengths to which Beijing will go to suppress unflattering information, in this case the economic distress facing China’s young people.

By Prerana Bhat and Indradip Ghosh

SBI Research which analysed Income Tax Return (ITR) filings data. The share of returns filed after the due date (with fine) has witnessed a significant decline from a high of 60 per cent in assessment year (AY) 2020 to merely 25 per cent in AY23. This number is expected to fall further to 20 per cent in AY24.

Reliance Jio has introduced two new recharge plans for its prepaid users. The two new Jio plans - ₹1,099 and ₹1,499 come bundled with Netflix subscription. It must be noted that Netflix subscription is already available on select Jio Postpaid and Jio Fiber plans.