The US economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from tariffs and underscoring the disruptive nature of President Donald Trump’s often chaotic trade policy. The Commerce Department’s advance gross domestic product (GDP) report on Wednesday, however,…
MUMBAI: IndusInd Bank reported a slight year-on-year rise in net advances and deposits for the quarter ended March 2025, even as sequential trends reflected a slowdown in loan growth.The bank’s net advances stood at Rs. 3.48 lakh crore as of March 31, 2025, up 1.4% from a year ago but down 5.2% from the preceding…
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month. Official figures Friday showed that the economy, the world’s sixth-largest, saw output drop by 0.1% during the month, in contrast to expectations for a modest increase and…
India’s share of global equity market value is approaching 3%, showing a significant decrease from its highest point of over 4%. (AI image) What a fall! BSE Sensex and Nifty50 have plunged drastically from their lifetime peaks in a matter of a few months. According to a Bloomberg report, the Indian stock market decline has…
NEW DELHI: Grey matter volume shrinks by about five per cent during pregnancy, followed by a partial recovery in the postpartum period, a study has found. The changes in grey matter were observed in 94 per cent of the brain, particularly prominent in the default mode network, which is known to help with social cognition….
MUMBAI: India’s insurance penetration, which is measured as a ratio of annual premium to GDP, dipped in FY24 for the second year in a row after touching a peak of 4.2% in the wake of Covid.According to regulator Irdai’s annual report released on Monday, India’s insurance penetration was 3.7% in FY24 compared to 4% in…
In a research lab on the outskirts of Beijing, molecular biologist Li Jieping examines a small cluster of potatoes, one barely larger than a quail’s egg. These miniature tubers, weighing just 136 grams in total — less than half the size of an average potato in China — were grown under conditions mimicking future climate…