U.S. Consumer Price Growth Slightly Exceeds Estimates In September

After yesterday’s report showing producer prices increased by a little more than expected, the Labor Department released a separate report on Thursday showing consumer price growth in the U.S. also slightly exceeded estimates in the month of September. The Labor Department said its consumer price index climbed by 0.4 percent in September after increasing by 0.6 percent in August. Economists […]

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Apple Reportedly Considered Replacing Google With DuckDuckGo For Safari

Apple Inc., which has been using Alphabet Inc.’s Google as the default search engine for its devices, had talks to use the search engine DuckDuckGo for the private mode on Apple’s Safari browser, Bloomberg reported citing some court documents. However, the tech major ultimately rejected the idea, the report said. The details of those talks now emerged amid an ongoing […]

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Israel conflict unlikely to impact trade of pharma firms

Indian pharmaceutical firms foresee minimal disruptions in trade with Israel despite escalating regional tensions. Rising crude prices and export shipping insurance premiums have raised concerns, but the pharmaceutical sector remains optimistic. Pharmaceutical exports from India to Israel in FY 2020-21 amounted to $32.5 million, which represents only a minor segment of India’s overall pharma exports. “India’s expansive export market covers […]

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Nirma’s new clothes: The journey of detergent brand towards healthcare

How Hiren Patel, founder Karsanbhai’s son, is reinvigorating Nirma by administering a shot of pharma. Nirma’s tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the […]

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The three little-known 'vampire battery drain' settings all iPhone owners need to switch off | The Sun

IPHONE owners suffering with a leaky battery have been encouraged to make three key changes to settings. They take just a few minutes to tweak but can provide a major boost to all-important battery life. Update software and apps Apple regularly releases software updates that can include optimisations and improvements for battery life. To make sure you're using the latest […]

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HDFC Bank’s ADR premium plunges below 5%, lowest since June last year

The country’s most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this — the diminishing premium of HDFC Bank’s American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium […]

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‘Sensex/NIFTY stocks may not fall badly’

‘We suggest an equity strategy of 5% to 10% exposure to cash, 5% to Gold ETF, close to 50% to Sensex/Nifty/large mid-cap stocks.’ Rising oil prices that can stoke inflation fears, firm bond yields and a patchy monsoon back home can trigger a market correction in the short-to-medium term, feel analysts, who suggest investors will be better off sticking to […]

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