Daily Archives: October 26, 2018

The downside of medical crowdfunding

Study covers clinics in 8 countries, including India, that offer various ‘dangerous treatments’ Online appeals to help sick people by raising money for unfounded and sometimes dangerous treatments and purported cures bring in millions of dollars each year, researchers have warned. The study in the Journal of the American Medical …

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Domestic aviation traffic up by 18.9% in Sept.

Indian carriers ferried 11.39 million passengers against 9.58 million last year Domestic aviation traffic witnessed a growth of 18.95% in September with Indian carriers ferrying 11.39 million passengers as compared with 9.58 million during the same month last year. IndiGo recorded its highest market share this calendar year at 43.2%. …

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Airlines face double whammy

Amid stiff competition, carriers keep fares low despite rising losses, ATF costs Having landed in a Catch-22 situation with the inability to increase airfares despite rising fuel costs, airlines in India have flown into losses. The quarterly loss of Rs. 652.1 crore by IndiGo, despite having more than 42% market …

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Maldives Speaker to be impeached

The Maldives Opposition moved closer on Wednesday to impeaching the Speaker of Parliament, a staunch loyalist of outgoing strongman President Abdulla Yameen. An alliance of Opposition parties has collected signatures from 55 MPs, or roughly two-thirds of sitting lawmakers, for a petition to oust Abdulla Maseeh Mohamed. The Speaker has …

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Still open to seeking IMF help: Pakistan

Pakistan has been offered aid worth $6 bn by Saudi Arabia Pakistan has not dropped the idea of seeking assistance from the International Monetary Fund (IMF) despite Saudi Arabia offering a $6-billion aid package, officials said on Wednesday. Prime Minister Imran Khan earlier this month gave the green signal to …

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