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India’s 7% projected growth rate ‘amazingly fast’, can double economy in 10 years: ADB

India’s projected GDP growth of over 7 per cent for the current fiscal is “amazingly fast” and if this momentum is maintained the size of the economy can double within a decade, ADB Chief Economist Yasuyuki Sawada has said. The country shouldn’t worry about not achieving 8 per cent growth but focus on increasing domestic demand by reducing the income inequality, he said. Growth is driven more by domestic consumption than exports, he added. The Asian Development Bank (ADB) has projected India to remain the fastest growing Asian nation with…

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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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US Cancer Death Rate Drops 25 Percent Since 1991

The cancer death rate in the United States has dropped 25 percent from a peak in 1991, mainly due to a steady decline in smoking and advances in early detection and treatment of tumors, new research released Thursday shows. The rate decrease means there were about 2.1 million fewer deaths between 1991 and 2014, according to an annual report by the American Cancer Society (ACS). “The continuing drops in the cancer death rate are a powerful sign of the potential we have to reduce cancer’s deadly toll,” ACS chief medical…

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U.S. Breast Cancer Deaths Drop; Rate Among White Women Falls Most

U.S. death rates from breast cancer have dropped, although the decline was still greater among white women than black women, according to a study released Thursday. From 2010 to 2014, there were approximately 41,000 deaths each year from breast cancer, the second-most deadly cancer for women after lung cancer, the U.S. Centers for Disease Control and Prevention said. While total death rates dropped during the five-year period, the decline was greater for white women at 1.9 percent per year compared with 1.5 percent per year for black women, the study…

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High Resting Heart Rate Tied to African American Heart Failure Risk

For African Americans, a high resting heart rate may indicate greater risk of death or hospitalization with heart failure, a recent analysis finds. This had already been shown in studies that mostly involved white participants, but it wasn’t clear if the same was true in the black community, researchers write in JAMA Cardiology. “Resting” heart rate is measured when a person is sitting or lying down, calm and moving as little as possible. For a person who isn’t ill, a heart rate anywhere between 60 and 100 beats per minute…

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Under-5 Child Mortality Rate Fell Four Points in 2014: Nadda

There has been a four-point decline in the Under 5 Mortality Rate (U5MR) during 2013-14, said Health Minister J.P. Nadda on Tuesday. “Recent data from the Registrar General of India (RGI) for the Sample Registration Survey (SRS) for the year 2014 indicates 8.16 per cent decline in under-five mortality (during 2013-2014) as compared to 5.76 per cent decline during 2012-2013,” said Nadda addressing media at the Health Ministry here. “Focussed, committed and targeted interventions of the government have borne positive fruits in 2014. The Under-5 Child Mortality has fallen by…

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