Author Archives: Subhadip

Gold imports fall 34 per cent in February

Gold imports in February fell 34 per cent compared with the same period last year, news agency NewsRise Financial reported on Monday, citing a government official, as high prices and hopes for a cut in import taxes kept buyers away. India, the world’s second-biggest consumer of gold, shipped in 36.9 tonnes of gold in February while overseas purchases of the Read More


US curbs visa-free travel for some dual nationals

Under the VWP, nationals of 38 countries are able to travel to the US without obtaining a visa, provided they have ESTA approval prior to travel. “The US government has taken a series of actions to ensure the Program’s requirements are commensurate with the growing threat from foreign terrorist fighters” However, the new restrictions, which are being implemented under the Visa Read More


Can HRT in early menopause cut heart disease risk?

“Women who take HRT drugs soon after going through menopause are ‘less likely to suffer heart disease’,” the Daily Mail reports. A new study found that early adopters ofhormone replacement therapy (HRT) might slow their progression towardatherosclerosis (hardening and thickening of the arteries) which can increase the risk ofheart disease, heart attacks or strokes. However, the study in question did not follow Read More


Steel crisis: David Cameron urged to take personal charge of talks

Unite said the government’s handling of the crisis last week had been an “absolute disaster” Union leaders are calling on David Cameron to take personal charge of talks to prevent the closure of Tata Steel’s Port Talbot plant. They have accused Business Secretary Sajid Javid of “taking his eye off the ball” and say the PM needs “to get a Read More


These apps can help you survive moving mayhem

Moving is stressful. Really stressful. Actually, it’s a nightmare. I recently survived the move from Washington to San Francisco with the help of technology. Here are the apps and services that I found to help get me across the country and make my new city feel like home. Don’t have time to pack it? Get your stuff shipped with Shyp. Simply open the Read More


Sensex jumps 130 points, Nifty above 7,750 ahead of RBI policy; Adani Group stocks hog limelight

The S&P BSE Sensex gained 130 points in trade on Monday, while broader CNX Nifty jumped above its key 7,750-mark ahead of RBI monetary policy to be announced on Tuesaday at which it is expected to cut interest rates by at least 25 basis points. The headline indices rallied tracking mixed trend seen in Asian markets after solid US payroll Read More


Student accommodation shortage attracts A$1.2bn investment in Aus, NZ

Brisbane-based Blue Sky Alternative Investments has partnered withGoldman Sachs in a $1bn deal to fund between 5,000 and 10,000 purpose-build student beds across Australia and New Zealand over the next three years. “We are looking for future sites to buy and develop right now around the country and New Zealand as well” The partnership marks US investment heavyweight Goldman Sachs’s entry Read More


Global obesity rates expected to soar in next decade

“One-fifth of adults worldwide will be obese by 2025,” The Guardian reports, while The Sun warns that the “UK’s population to be fattest in Europe” by the same date. These are just some of the conclusions of a major modelling study of global obesity trends. The study used data covering 19.2 million adults in 186 countries, which was then used to Read More


Panama Papers: Mossack Fonseca link to Brink’s Mat robbery

Gerard Ryle, director of the International Consortium of Investigative Journalists (ICIJ), said the leaked documents covered the day-to-day business at Mossack Fonseca over the past 40 years. “I think the leak will prove to be probably the biggest blow the offshore world has ever taken because of the extent of the documents,” he said. The documents show 12 current or Read More


Drone plane startup nabs funds from Paul Allen, Jerry Yang

How’s this for a flight plan to get a drone delivery service financially aloft? Carry cargo that’s of live-saving importance, fly long-range fixed-wing aircraft in uncongested skies, and score a government as your first client. That’s the atypical approach being taken by Zipline, a Bay Area startup that has raised $18 million in funding from the likes of Yahoo founder Jerry Yang, Microsoft co-founder Paul Read More