North East

31 Jan

An awareness campaign on safe insulin injection practices

nebm0 CommentsNorth East

Insulin therapy is often a crucial part of diabetes management. Type 2 diabetes patients ultimately require insulin therapy in the course of the disease for effective glycemic control and injection technique remains crucial in the process. To enhance awareness on safe insulin injection practices, a multi-city educational campaign was organised by BD-India with leading endocrinologists onInsulin Injection Day. Insulin Injection Day commemorates the 98th anniversary of first successful insulin administration on 11th January 1922, at Toronto General Hospital, Canada. At the conference, Prof. Debasish Maji President, Calcutta Diabetes & Endocrine Foundation & Past President, Endocrine Society of India said, “The success of insulin injection therapy and the…

31 Jan

Aditya School of Sports collaborates with Rainbow A.C.

nebm0 CommentsNorth East

Aditya Group formally associated itself with RAINBOW AC which shall now be known as ASOS Rainbow A.C. The sixty-four year’s old football club, NBP Rainbow AC, officially collaborates with Aditya School of Sports with a new identity- ASOS Rainbow A.C. Speaking on the occasion, the Chairman of Aditya Group, Mr. Anirban Aditya said, “We are extremely proud to collaborate with this outstanding sporting unit and welcome all to Aditya Sansar.” The formal association announced at the Calcutta Sports Journalists Association Tent was also attended by Ankit Aditya, former International footballer Debjit Ghos and officials of RAINBOW AC Aditya Group has always focused on…

30 Jan

Maruti Suzuki Profit Rises 5% To Rs 1,565 Crore In December Quarter; Misses Estimates

nebm0 CommentsNorth East

Maruti Suzuki, the country's largest car maker, on Tuesday reported that its net profit rose 5 per cent year-on-year to Rs 1,565 crore in the quarter ended December 2019. The profit primarily came on account of cost reduction efforts, lower commodity prices and improved capacity utilization, Maruti Suzuki said in a press release. However, higher sales promotion expenses and lower fair value gain on invested surplus capped the profitability.Analysts on average had expected the country's largest car maker to report a profit of Rs 1,647 crore, according to Refinitiv data, news agency Reuters reported.

30 Jan

Start-Ups That Burn Investor Money, Disappear Won’t Get Second Chance: Ratan Tata

nebm0 CommentsNorth East

Industrialist Ratan Tata on Tuesday warned that start-ups which burn investors' money and disappear will not get a second or a third chance.Mr Tata, who also invests in start-ups, also said old-age businesses will recede and the young founders of innovative companies are the future leaders of the Indian industry.The comments from Mr Tata come at a time when many start-ups have been blamed for what is termed as "cash burn", wherein the optimism of making money in the future makes venture funds to invest in such companies, and the companies keep incurring losses. At its peak, e-commerce major Flipkart…

30 Jan

Budget 2020: How Stock Markets Have Reacted To Budget Announcements In The Past

nebm0 CommentsNorth East

Domestic stock markets will remain open on February 1, the day Finance Minister Nirmala Sitharaman will present the Union Budget in Parliament, despite it being a Saturday. Trading will be conduced regularly for the entire session just like any other weekday on February 1, 2020. Typically, the Budget presentation day is marked by big swings in the equity markets as investors try to make sense of the various budgetary announcements. Since the last Union Budget presentation in July 2019, the S&P BSE Sensex benchmark index has risen more than 4 per cent so far. Analysts say volatility in the markets especially on…

29 Jan

Nirbhaya Fund to be used for sensitization programmes

nebm0 CommentsNorth East

A recent report suggested that money from the Nirbhaya Fund has hardly been utilised in several states. After witnessing the horrifying gangrape and murder of a woman veterinarian in Telangana, States have decide to implement more women safety measures, one of which is conducting sex education an sensitization programmes in schools. Another incident that surfaced was the whatsapp messages circulated among boys of an elite school in Mumbai where terms like, “gangbang”, “homophobia” was used and women were termed “trash”. Dr Srishti Saha, Consultant Clinical Psychologist at Fortis Hospital Anandapur explains why sex education and gender sensitization among youth is…

27 Jan

Qatar Not Keen To Renegotiate LNG Contracts With India

nebm0 CommentsNorth East

India wants Qatar to delink the price of its imported gas from that of oil under long-term deals, the oil minister said on Monday, to make supplies cheaper for price-sensitive customers after a sharp fall in spot prices of the cleaner fuel.Liquefied natural gas (LNG) sourced from the spot market costs about half of that under the long-term deals.India in 1999 signed a long-term LNG deal with Qatar for supplies from 2004, with volumes gradually rising to 7.5 million tonnes per annum (mtpa).

27 Jan

Current Situation Of Air India Is Very Fragile, Says Civil Aviation Minister

nebm0 CommentsNorth East

Civil Aviation Minister Hardeep Singh Puri, addressing the media on Monday, described the current situation of the national carrier as "very fragile". The government had earlier released the preliminary information memorandum (PIM) for seeking expression of interest for strategic disinvestment of Air India. Mr Puri added that Air India is under a debt trap due to accumulated debt of around Rs 60,000 crore.After failing to sell majority stake in Air India in 2018, the government has worked on critical areas this time around to make the disinvestment bid more attractive to the prospective bidder, Mr Puri said.

27 Jan

1 Lakh Tons Of Dutch-Made Tata Steel Exempt From US Tariffs

nebm0 CommentsNorth East

A US tariff on laminated steel used in packaging will not apply to Tata Steel products manufactured in the Netherlands, the Dutch foreign trade minister said on Monday.Sigrid Kaag told reporters that the US had agreed the products would be exempt from a 25 per cent tariff announced by the administration of President Donald Trump in June 2018, saving consumers and the company up to 100 million euros annually in tariff costs."The import tariffs on laminated steel have been retracted and that's wonderful news for Tata Steel," Kaag told reporters in The Hague. "It's good for us, and good for…

26 Jan

Shaktikanta Das Calls For More Structural Reforms To Revive Growth Ahead Of Budget

nebm0 CommentsNorth East

With just a week left for the budget, Reserve Bank of India Governor Shaktikanta Das on Friday called for structural reforms and more fiscal measures to revive consumption demand and the overall growth, saying monetary policy has its own limitations to achieve these objectives.Prime Minister Narendra Modi government in its second term will present the first full year budget next Saturday, at a time when the advance estimate of GDP has projected nominal growth plunging to a 48-year-low of 7.5 per cent and real growth hitting an 11-year low of 5 per cent or thereabout."Monetary policy has its own limits.…