NEW DELHI – The rupee slumped to an all-time low against the US dollar on Monday as a higher-than-expected inflation reading in the world’s largest economy stoked speculation of aggressive rate hikes by the Federal Reserve, leading to global strength in the greenback. The partially convertible rupee weakened past the 78/$1 mark for the first … Read more
Ahead of the eighth International Yoga Day on June 21, Prime Minister Narendra Modi said on Monday that yoga has gained tremendous popularity globally. People from different walks of life including leaders, CEOs, sportspersons and actors regularly practice yoga and talk about how it has helped them, he said in a tweet. Modi also posted … Read more
You feel a fair amount of guilt while driving a full-size SUV with a 682-horsepower supercharged V8 at a time when fuel prices are through the freakin’ roof. But this sort of rampant overindulgence is exactly what the new Cadillac Escalade V is all about. So instead of asking, “Why now?” Perhaps the better question … Read more
Mahindra & Mahindra (M&M), part of the S&P BSE Sensex index, has rallied by over 40 per cent in the last 3-months compared to an over 2 per cent fall seen in the Nifty50 in the same period, but the upside may not be over yet. The automobile stock is cruising along nicely even though … Read more
The low-lying Pacific islands, which include Fiji, Tonga and Samoa, are some of the most vulnerable countries in the world to the extreme weather events caused by climate change. Fiji has been battered by a series of tropical cyclones in recent years, causing devastating flooding that has displaced thousands from their homes and hobbled the … Read more
NEW DELHI: Delhi government’s ambitious Health Information Management System (HIMS) and QR-code based “health cards” are likely to be launched within 3-4 months. Sources said the health department of the Delhi government may finalise the agency, which will be entrusted with the responsibility of designing and creating e-health cards, by the end of July. The … Read more
Mumbai: Indian equities are likely to be under pressure earlier this week, mirroring the slump in US markets on Friday, sparked by the higher-than-expected May consumer inflation reading. Investors fear sharper hawkish tone from the US Fed in its rate-setting meeting on June 15 to contain inflation (at a 40-year high), driving up the dollar … Read more
Filled with semi-solid and semi-fluid human faecal material, a septic tank is the unhealthiest of places. Hundreds of deaths are reported every year across India due to manual scavenging in septic tanks, despite bans and prohibitory orders. Technology can help address this grave challenge. So, researchers at IIT Madras have developed ‘HomoSEP,’ a robot that … Read more
WASHINGTON — Senate negotiators announced on Sunday that they had struck a bipartisan deal on a narrow set of gun safety measures with sufficient support to move through the evenly divided chamber, a significant step toward ending a yearslong congressional impasse on the issue. The agreement, put forth by 10 Republicans and 10 Democrats and … Read more
The new BMW M2 puts the engine, chassis and braking hardware from the excellent M4 in a smaller, lighter and more playful package. Sounds good? You betcha. But where will that leave the M4? This M car commonality isn’t really a surprise, considering the current G42-generation 2 Series rides on the same modular CLAR platform … Read more