market

US Rate Cut Fuels Optimism in Indian Stock Markets

The anticipated US rate cut is expected to boost the Indian stock market and various sectors like IT, BFSI, automotive, and real estate. The Indian markets have been on a recovery rally, influenced by positive US economic data and global cues. Aug 24, 2024
Study discovers gene that can prevent autism

ASD Breakthrough: Gene Discovery Sheds New Light on Autism Spectrum Disorder

Scientists at Rockefeller University have identified a gene, Astrotactin 2 (ASTN2), that could potentially prevent autism. Defects in the ASTN2 protein disrupt neural circuitry in the cerebellum, affecting children with neurodevelopmental conditions. The absence of ASTN2 in mice led to autism-like behaviors and changes in the cerebellum, reinforcing its role in cognitive functions. Future research will focus on examining human cerebellar cells with ASTN2 mutations and investigating other autism-linked genes. Aug 18, 2024
Foxconn's investments to help India become global manufacturing hub: Ashwini Vaishnaw

Foxconn Investment to Boost Global Manufacturing Aspirations: Vishnaw

Hon Hai Technology Group, popularly known as Foxconn, has announced its investment plans for the country. The news was confirmed by Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, who met with Young Liu, Chief Executive Officer and Chairman of Foxconn, in New Delhi on August 16. Aug 16, 2024
India 2nd only to US in number of banks covered under deposit insurance: RBI Dy Governor

India Ranks Second Globally in Deposit Insurance Coverage

In a recent global conference held in Jaipur, India, on August 13, 2024, RBI Deputy Governor Michael Debabrata Patra announced that India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks. Aug 13, 2024