Research
Advertisement
Aria Bendix
People describe near-death experiences in an eerily similar way. They've convinced some researchers that an afterlife exists.
People who've faced death often report being more spiritual afterward, two University of Virginia professors said at a South by Southwest panel.
India successfully fight tests 'Agni Prime' ballistic missile with a range of 2,000 kms
New generation ballistic missile 'Agni Prime' was successfully flight-tested by the Defence Research and Development Organisation (DRDO).
Adani Group repays loans worth $2.65 bn to complete prepayment programme
Adani Group has repaid loans worth USD 2.65 billion to complete a prepayment programme and improve the conglomerate's overall leverage, as it tries to restore investor trust after allegations of accounting fraud and stock price manipulation from US short-seller Hindenburg Research. The group also completed the sale of shares in four listed group entities to investment firm GQG Partners for USD 1.87 billion. The update revealed significant improvements in the group's key financial metrics, including a decrease in the Net Debt to EBITDA ratio and an increase in the gross asset cover.
Adani-Hindenburg row: Supreme Court adjourns hearing
Solicitor General Tushar Mehta informed the SC that SEBI is seeking an extension of time for conducting the probe and needs six months to reach any conclusion.
Adani group looks to raise $2-2.5 billion via share sale
Adani Group is planning to raise $2-2.5 billion through an equity share sale after the allegations of fraud by a US short-seller dented the conglomerate's market value. Adani Enterprises and Adani Green Energy are considering fundraising through modes such as private placement, preferential issue, etc., but didn't reveal a specified amount. Sources claimed that the group would raise around $2 billion-$2.5 billion, with investors in Europe and the Middle East showing strong interest.
Adani group to prepay USD 130 million debt to boost investor confidence
Billionaire Gautam Adani's group on Tuesday said it will prepay USD 130 million of debt as it looks to boost investor confidence post being targeted by a US short-seller. Adani Ports and Special Economic Zone, the ports company of the Adani Group, had last month floated a tender to buy back as much as USD 130 million of its July 2024 bonds and similar amounts in each of the next four as it looked to regain investor confidence by showing that its liquidity position is comfortable.
Rise in premium amount for life insurance biggest concern for consumers: Hansa Research
The rise in premium amount for life insurance is the biggest concern for consumers, and affordability has become a more pressing issue, according to a survey released on Tuesday.
Rounak Jain
Raghuram Rajan speaks out on zombie companies, a simmering real estate time bomb & more
Former Reserve Bank of India governor Raghuram Rajan who is now a professor at University of Chicago’s Booth School of Busin...
Katya Naidu
Adani Ports concludes sale of Myanmar Port for $30 million to unnamed buyer
Adani Ports and Special Economic Zone has announced the sale of its Myanmar Port for $30m to an unidentified buyer. The sale has allowed Adani to exit a project which caused several issues, including the 2021 coup in Myanmar leading to international sanctions, and weighed heavily on the company's environmental, social and governance ratings. The sale was agreed in May 2022 but was delayed due to missed compliance deadlines. Adani also revealed that it had handled 32.3 million metric tonnes of total cargo in April 2023, a year-on-year growth of 12.8%.
Rounak Jain
RBI's MPC 'decisively' in a rate-pause mode as inflation cools down
The Reserve Bank of India’s Monetary Policy Committee (MPC) sprung a surprise by pausing rate hikes when it met earlier this month, noting that it will wait to gauge the effects of the hikes done so far since May last year. Now with inflation falling to a 15-month low in March, there is a growing consensus that we may have entered the prolonged rate-pause territory.
Health benefits of living in cities for children and teens diminishing says global study
The advantages of living in cities for young people's healthy growth and development are shrinking across much of the world, according to a global analysis of trends in child and adolescent height and body mass index (BMI).
Rounak Jain
RBI’s MPC could pause rate hikes in April to gauge the impact of hikes so far: SBI Research
The Reserve Bank of India’s Monetary Policy Committee (MPC) could decide to pause rate hikes when it meets in April, despite retail inflation persisting above its upper tolerance limit of 6%. A fall in affordable housing loans uptake and the banking sector crisis in the US and Europe could push the MPC to pause for the time being.
Sourabh Jain
9 out 10 TVs sold in India in 2022 were smart TVs, and nearly all of these TVs are assembled locally
Smart TV shipments in India received a good boost in 2022, reporting a 28% year-on-year growth, fueled by strong sales in the festive season, new launches, discounts, and more, according to a Counterpoint Research report.The festive season during Q3 2022 boosted sales, with people looking to upgrade their televisions during the period. The growth has also been attributed to consumer demand for bigger TVs in lower price tiers.
NCERT removes portions related to RSS, Gandhi & Godse from books
National Council of Educational Research and Training (NCERT) has removed paragraphs from Class 12 Political Science textbooks that contained information about the ban briefly imposed on Rashtriya Swayamsevak Sangh (RSS) by the then government after the assassination of Mahatma Gandhi. Along with this, paragraphs which stated that Gandhi's quest for Hindu-Muslim unity provoked Hindu extremists have also been removed from the curriculum.
Rounak Jain
India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA
Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s momentum, despite multiple headwinds like elevated inflation and a rise in interest rates. According to credit rating agency ICRA, there were nearly three ratings upgrades in FY23 for every downgrade. Underlining this improvement in credit quality is the fact that in ICRA’s portfolio, defaults fell by nearly 50% to 22 in FY23, compared to 42 in FY22 and 44 in FY21.
SEBI directs top 100 listed firms to clarify market rumours from Oct 1
Financial markets regulator Securities and Exchange Board of India (Sebi) has asked the top 100 listed companies by market capitalization (size) effective from October 1, 2023, to verify and confirm, deny or clarify in case of any market rumours.
NSE, BSE put Adani Green Energy under second stage of longterm ASM framework from Mar 28
Leading bourses NSE and BSE have said that Adani Green Energy will be put under the second stage of the long-term additional surveillance measure (ASM) framework from Tuesday. In two separate circulars, the bourses said Adani Green Energy shall continue in the ASM framework but will be moved to the respective higher stage from March 28.
Rounak Jain
Top ChatGPT 4 plugins: From math, physics and language tutor to vacation planner
OpenAI’s ChatGPT now has plugin support, exposing the artificial intelligence chatbot to the internet in a limited but useful manner. To get started, OpenAI has teamed up with several leading names like Wolfram Research to travel aggregator Expedia. Among other things, these ChatGPT 4 plugins address users' demands and allow developers experimenting with similar solutions to finally hop on board and combine the power of their services with ChatGPT 4.
Most of India's statewide heat action plans are inadequate to deal with local risks, new CPR report says
Only two HAPs carry out and present vulnerability assessments (systematic studies to locate where the people most likely to be affected are in a city, district, or state). While most HAPs list broad categories of vulnerable groups (elderly, outdoor workers, pregnant women), the list of solutions they propose do not necessarily focus on these groups, says the CPR.
ICMR comes up with first ethical guidelines for application of AI in biomedical research, healthcare
The Indian Council of Medical Research (ICMR) has come up with the country's first Ethical Guidelines for the Application of...
ISRO launches India's largest LVM3 rocket from Sriharikota
The Indian Space Research Organisation (ISRO) launched India's largest LVM3 rocket carrying 36 satellites from Andhra Pradesh's Sriharikota on Sunday morning. LVM3 was launched from Satish Dhawan Space Centre in Sriharikota at around 9 AM. "LVM3 standing 43.5 metres tall and weighing 643 tonnes lifted off from the second launch pad rocket port carrying OneWeb's final instalment of 36 Gen1 satellites", said the officials.
Hindenburg report wipes out $526 million of Jack Dorsey's wealth
Former Twitter co-founder and CEO Jack Dorsey was left poorer by $526 million after short-seller Hindenburg Research revealed that his digital payment company Block facilitates fraud against consumers and the government. Block's shares also nosedived as much as 22 per cent on Thursday, before closing down 15 per cent late on Thursday.Block, formerly known as Square, claims to have developed a "frictionless" and "magical" financial technology with a mission to empower the "unbanked" and the "underbanked".
NSE, BSE to put Adani Power under short term ASM again
The move also comes close on the heels of the two exchanges moving Adani group stocks -- Adani Green Energy and NDTV -- from the second stage of the long-term ASM framework to Stage I on Monday.
Adani Airports following investments as per plans submitted to govt: CEO
The comments from company's CEO Arun Bansal come against the backdrop of Adani Group facing challenges in the wake of a report by US-based short-seller Hindenburg Research.
BI India Bureau
India’s new Covid-19 cases jump, PM Modi to hold high-level meeting
The rise in Covid-19 cases this time around coincides with unseasonal rains in March, which has led to a rise in the number of flu cases, including the new strain of H3N2 virus. The symptoms — cough, body ache, fever, and sore throat — are similar for H3N2 virus and Covid-19.
Advertisement
We asked ChatGPT who the greatest athlete of all time is and it did not go well for LeBron James
A man kept the same pair of contact lenses in for 3 years, causing permanent astigmatism and buildup behind his eyelids. His doctor said he's not responsible enough to wear contacts.
Clarence Thomas wrote a scathing, nearly 50-page dissent about why the Supreme Court should have gutted voting rights
Heatwave grips India - Bihar, West Bengal, Jharkhand to record highest temperature
Apple Arcade looks Stronger Than Ever - New & Exciting Games Announced
What is the best date to set for your SIPs – Beginning, end, or middle of the month?