Daily Archives: August 5, 2018

Dire times for coastal fisheries?

The fishing industry along a portion of India’s east coast could be on the brink of a collapse. This dire warning comes as scientists find that fisheries in coastal Tamil Nadu and Puducherry use destructive methods and do not comply with existing regulations, which could stress the already over-exploited fish …

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Traffic jams in the brain

Neurons transport cargo of various sizes constantly, and many times, this can lead to traffic jams. A new study of the roundworm (Caenorhabditis elegans) and fruitfly (Drosophila) shows that such traffic jams can be due to purely physical constraints, not involving any chemical signalling processes. Such stalling of cargo can …

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Corporate governance standards at PSBs better

Emphasising that corporate governance standards being followed by public sector banks are much better than ever before, Finance Minister Piyush Goyal said the government has stopped the “phone-call thing” coming in from Delhi to the banks. In an apparent dig at the previous UPA regime, Mr. Goyal said that not …

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India’s forex reserves dip by $951 mn

Foreign exchange reserves declined by $951 million to $404.2 billion in the week to July 27, on account of a fall in the foreign currency assets, the RBI said. In the previous week, the reserves rose by a marginal $67.7 million to $405.1 billion. The forex kitty is an indicator …

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EIH to widen footprint of jungle stays

EIH Ltd., the flagship company of The Oberoi Group, is planning to mark major footprints in managing resorts at wildlife sanctuaries and national parks. By 2020, three resorts to be opened at Maasai Mara (Kenya), Gir and Bandhavgarh will be managed by EIH, which is planning to increase the share …

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Asian nations slam U.S.-China trade war

Asian countries have voiced concern about the potentially devastating impact of a U.S.-China trade war, with Ministers calling for the acceleration of talks for a gigantic Beijing-backed free-trade deal that excludes the United States. Fear that a simmering trade spat between the world’s top two economies could spiral into a …

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