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India Inc sees room for more rate cuts by RBI as inflation rises

India Inc said on Monday there is room for further rate cut by the Reserve Bank of India to boost investments from private sector and revive industrial growth, as wholesale inflation rose to 1.88% in July. “Given the trend and outlook for inflation, we see clear space for a more accommodative stance in the monetary policy. This is all the more important given the state of industrial sector where growth is anaemic. “Private sector investments continue to remain weak which is key concern for now. We look forward to a…

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Bionic hand ‘sees and grabs’ objects automatically

A bionic hand that “sees” objects and instantly decides what kind of grip to adopt has been developed by scientists. A computer uses a camera to assess an object’s shape and size to then trigger the correct movement to pick it up. The technology was developed at Newcastle University and has been trialled by a small number of amputees. Dr Kianoush Nazarpour, a senior lecturer in biomedical engineering at the university, said the bionic hand can “respond automatically”. ‘Intuitive hand’ The device could spark a new generation of prosthetic limbs…

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Stansted sees 1.65m passengers in February

The airport operator attributed this to last year’s extra day for leap year – on a 28-day like-for-like basis, passenger numbers were up 24,000 and 1.4% on last February –  and a temporary reduction in capacity on some Ryanair routes over the winter season previously reported. Aircraft load factors remained strong with an average 86.5% of all available seats occupied on every flight, a record for the month of February. This beat the previous high of 84.9% set last year. In the 12 months ending February 2017, Stansted’s total passenger…

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Poor Diet Sees Scurvy Reappear in Australia

Scurvy, a disease historically associated with old-world sailors on long voyages, is making a surprise comeback in Australia, with health officials Tuesday revealing a rare spate of cases. Caused by vitamin C deficiency, the condition used to be a common — and often fatal — curse among seafarers who went months without fresh fruit and vegetables. Once barely heard of in developed countries, reports suggest the problem is also on the rise in Britain, while a medical journal this year detailed the case of a baby developing scurvy in Spain….

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Breathe at Your Peril: Delhi Sees Month’s Worst Air Quality

With continuous deterioration in its air quality, Delhi on Thursday breathed the most polluted air of the month as the Air Quality Index (AQI) dipped to the season’s threshold at 355 — labelled ‘very poor’. Unlike other two days, Ozone was for the first time in October found a decisive element in the worsening air quality. Beside Delhi, other cities that share the same air-shed or similar climate zone, including Agra, Kanpur and Faridabad, also inhaled an equally bad air quality or even worse. In Kanpur the AQI was 451,…

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Apple Sees massive potential in Indian marketplace, Says CEO Tim cook dinner

Apple sees a “big marketplace capacity” for its merchandise in India and the technology giant is “surely putting power” inside the country to be able to start rolling out excessive-speed wireless networks this 12 months, CEO Tim cook dinner said. “this is some other huge one. India can be the most populous united states within the world in 2022. India these days has approximately 50 percentage in their population at 25 years of age or younger. it’s a very younger us of a. people actually need smartphones there, actually need…

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