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Sensex soars 385 points at close as rupee recovers, financials lead gains

Indian shares bounced back on Friday after two straight days of losses, starting July derivatives series on a strong footing led by energy and financial stocks as the rupee recovered from an all-time low and Asian peers staged a pullback. The rupee, which breached the 69 per dollar mark for the first time on Thursday, recovered tracking a rebound in Asian shares and currencies. The BSE Sensex surged 385.84 points to close at 35,423.48, whereas the broader NSE Nifty zoomed 125.20 points to 10,714.30 at close. Market sentiment across the globe was…

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Want to invest in ‘value’ stocks like Buffett? Look at these funds

Value investing is a strategy to spot stocks trading below their intrinsic values. The domestic equity market is going through a rough patch this year amid subdued macroeconomic triggers. Rising crude oil prices, slower-than-expected earnings growth, trade war concerns and a falling rupee have dragged midcaps and smallcaps down by up to 15 per cent so far in 2018. Voices are still echoing in the market that the risk-reward ratio in second-rung stocks is still not in favour of investors despite the recent correction. New investors who have entered the market in…

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Amanda Spielman’s speech at the Wellington Festival of Education

Thank you for that kind introduction. It is an absolute pleasure to be back at Wellington for what I think is my fifth time, and for my second as Chief Inspector. Speaking here last summer was one of the highlights of my first year. That speech was a chance to set out what I want to achieve as Chief Inspector, and just as important, it prompted an enormous amount in the way of feedback, engagement and ideas. If I had any doubts that there is a real enthusiasm and appetite…

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Getting tonsils removed puts you at risk of flu, asthma and pneumonia

If you have had your tonsils removed in childhood, you may want to read this. A new study by the University of Melbourne in Australia and University of Copenhagen in Denmark found that removing tonsils and adenoids in childhood increases the risk of diseases like asthma, influenza and pneumonia. The scientists examined the long-term effects of these common paediatric surgeries for the first time. The adenoids and tonsils are strategically positioned in the nose and throat respectively to act as the first line of defence, helping to recognise airborne pathogens like bacteria…

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Is Saline Water Beneficial To Consume? How To Make It At Home

Salt makes for an essential nutrient and if consumed in an optimum amount, it has many benefits to offer. It is said that it is one of the best ways to detox our body. In fact, Ayurveda is said to have used salt water, or saline water, to cleanse stomach, intestines and colon, while repairing the damage that our diet has caused to the cells in our digestive tract. While there is no scientific explanation or study that has proved this theory, it has been a favourite solution that has…

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Nanorobots developed at IISC Bangalore hold promise for cancer treatment

Researchers at Indian Institute of Science Bangalore have developed a method of using nanorobots to deliver payloads to specific parts of a living cell–a breakthrough that could transform cancer treatment. “We can now very precisely move it from point A and B, that too inside a living cell,” Malay Pal, a co-author of the paper published in the journal Advanced Materials, said. The breakthrough for the Bangalore team is the use of rotating magnetic fields to guide the probes instead of using more conventional tools such as ultrasound or chemicals. The…

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