Rate hikes unlikely to dent demand for homes: Parekh

Rate hikes unlikely to dent demand for homes: Parekh

Mumbai: Property developers are unlikely to opt for sharp increases in prices because they recognise that outpricing home buyers and having large stocks of unsold inventory are counter-productive, Housing Development Finance Corp (HDFC) chairman Deepak Parekh said in his address to shareholders. “There has been consolidation and cleansing, so to speak, in the Indian real … Read more

Micron Forecasts Q4 Earnings Below Expectations, Raises Concern

Micron Forecasts Q4 Earnings Below Expectations, Raises Concern

Memory-chip firm Micron Technology announced a significantly weaker than expected business outlook on Thursday, raising concern that following nearly two years of strong demand, the industry was turning towards a down cycle. Micron forecast adjusted revenue for the current quarter at $7.2 billion (nearly Rs. 56,800 crore), plus or minus $400 million (nearly Rs. 3,200 … Read more

NASA Awards Engineering, Technology, Science Contract

NASA Awards Engineering, Technology, Science Contract

NASA has awarded the JSC Engineering, Technology, and Science (JETS) II contract to Jacobs Technology Inc. of Tullahoma, Tennessee, to provide engineering and scientific products, technical services and related services for the agency’s Johnson Space Center in Houston, other NASA centers and government agencies. Source link

Pfizer Plans a Vaccine to Target All Coronaviruses

Pfizer Plans a Vaccine to Target All Coronaviruses

June 30, 2022 – Ask the sibling of any celebrity and they’ll tell you they don’t get anywhere near the same attention. The same is true for coronaviruses – the one that causes COVID-19 has been in the spotlight for more than 2 years now, while the others at the moment circulate in relative obscurity. … Read more

New Report Raises Question: Can You Get COVID From Your Cat?

New Report Raises Question: Can You Get COVID From Your Cat?

June 30, 2022 – As if cats weren’t already mysterious enough, questions have now resurfaced about animal-to-human transmission of the coronavirus after a report that a veterinary surgeon in Thailand likely got COVID-19 from a cat she was swabbing. Nature reports the case is the first evidence of cat-to-human COVID-19 transmission, though early in the … Read more