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☆ '3 Body Problem' episode 5 has a violent sequence that's almost gory enough to live up to 'Game of Thrones' on its own
▼ + stars: | 2024-03-26 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Read preview"3 Body Problem" isn't as prone to killing people (or showing them nude) as "Game of Thrones" — but that doesn't mean it doesn't get its punches in. AdvertisementWhat happens in episode 5 of '3 Body Problem?' Advertisement'The most violent, horrific thing'The Judgment Day sequence, which is drawn from Liu's original book, is a masterclass in suspense. This kid definitely dies in "3 Body Problem," but luckily, we don't have to see it. NetflixFor an alien race that has previously operated in the shadows, the act matches the stark violence of the Judgment Day shutdown.

Persons: —, David Benioff, Weiss, Alexander Woo, Liu Cixin's, Minkie Spiro, Wade, Liam Cunningham, Clarence Shi, Benedict Wong, Raj Varma, Mike Evans, Jonathan Pryce, Auggie, isn't, Woo, Evans, Spiro, Pedro Pascal Organizations: Service, Business, intel, Netflix Locations: Panama, puzzlement

☆ '3 Body Problem' hasn't been renewed for season 2 yet, but Netflix has plenty more material to draw from — here's what we know
▼ + stars: | 2024-03-24 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Here's everything that we know about a potential season two of "3 Body Problem." But Woo said at the SXSW Film & TV Festival in March that they had already begun working on a second season. What would '3 Body Problem' season 2 be about? Here's where we'll really get into some spoiler territory, both for the ending of season one of "3 Body Problem" and book spoilers that might also be potential season two spoilers. "3 Body Problem" is now streaming on Netflix.

Persons: —, Liu Cixin's, Ye Wenjie, David Benioff, Weiss, Alexander Woo, they're, Benedict Wong, Ed Miller, Woo, we've, Liam Cunningham, showrunners, Benioff, Nothing's, haven't, Jess Hong, Jin Cheng, Jovan Adepo, Saul Durand, Eiza, Auggie Salazar, Wade, Clarence Shi, Marlo Kelly, Tatiana, Saamer Usmani, Raj Varma, Alex Sharp, Will Downing, we'll, Saul, Luo Ji, who's, Luo, Yu, Tseng, Maria Heras Organizations: Service, Netflix, Business, SXSW, TV Festival, Collider, United Nations Locations: China, United Kingdom

☆ Pfizer is betting big on cancer drugs to turn business around after Covid decline – here's what to know
▼ + stars: | 2024-03-10 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. That $43 billion Seagen acquisition doubled Pfizer's oncology drug pipeline to 60 different experimental programs. Some analysts noted that it might take a few years for some of Pfizer's cancer drugs in mid-stage development to show pivotal clinical trial data and become less risky. Revenue from the blockbuster breast cancer drug Ibrance and prostate cancer treatment Xtandi, which Pfizer shares with Astellas Pharma, has declined over the past year. They are among the most expensive prescription drugs in the U.S. Before the Seagen deal, 94% of Pfizer's cancer products were small-molecule drugs.

Persons: Wall, Seagen, Chris Boshoff, Boshoff, David Ryder, Trung Huynh, Joe Biden's, Chris Schott, Suneet Varma, RemeGe, Merck, Padcev, Guggenheim, Pfizer's, Pfizer hasn't, Dr, Mikael Dolsten, Irfan Khan Organizations: Nurphoto, Getty, Pfizer, Astellas Pharma, Guggenheim, Bloomberg, UBS, Medicare, Drug Administration, FDA, ADC, JPMorgan, Drugs, CNBC, CVS Pharmacy, Los Angeles Times Locations: Covid, Bothell , Washington, U.S, biologics, China, Eagle Rock , California

☆ Black holes are rampaging through our universe at more than 2.2 million mph and scientists think they now know why
▼ + stars: | 2024-01-27 | by ( Maiya Focht | ) www.businessinsider.com time to read: +6 min

These black holes get kicked into space, moving as fast as 1,000 kilometers per second. AdvertisementScientists studying how supernovas explode may have discovered a new process for how certain black holes form. Turns out, some baby black holes hit the ground running at colossal speeds just moments after they take shape. Asymmetrical explosions can lead to powerful kicks that send black holes shooting into space at over 2 million mph. AdvertisementIf the black holes are movingIf you hear blazing-fast black holes and start to panic, don't.

Persons: —, MARK GARLICK, GARLICK, Adam Burrows, Burrows, Vijay Varma, Ivo Labbe, Swinburne, Rachel Bezanson, Varma Organizations: Service, Princeton University, University of Massachusetts Dartmouth, NASA, ESA, CSA, University of Pittsburgh

☆ Don't count on the Fed slashing rates given the inflation 'rollercoaster' risk, warns BlackRock
▼ + stars: | 2024-01-09 | by ( Anil Varma | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInvestors positioning for sharp interest-rate cuts by the Federal Reserve this year may be disappointed, according to BlackRock. Increased geopolitical risks will also fuel price pressures in the coming years, according to BlackRock, reducing room for the Fed to ease monetary policy. "We think the Fed may not be able to deliver the rate cuts markets expect, even with growth moderating," analysts led by Jean Boivin wrote. "We think that means inflation is set to rollercoaster back up near 3% in 2025 as the goods price drag fades.

Persons: —, Jean Boivin Organizations: Service, Federal Reserve, Business, Investors, UBS, Fed, NatWest Locations: BlackRock

☆ A blistering bull run is underway in the market for uranium
▼ + stars: | 2023-11-09 | by ( Anil Varma | ) www.businessinsider.com time to read: +3 min

Uranium and shares in companies that mine it have enjoyed a scorching rally on soaring demand. Nuclear energy is back in fashion as more reactors are planned amid a shift away from fossil fuels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A blistering bull run is underway in the market for uranium, the radioactive element used to produce nuclear energy. The widening demand-supply gap will continue to drive uranium prices higher, according to John Ciampaglia, CEO of Sprott Asset Management, which specializes in precious metals and real assets.

Persons: —, John Ciampaglia, Ciampaglia, Rohan Reddy Organizations: Service, Uranium Miners, Crux, Sprott Asset Management, CNBC, Global Locations: China, India, Russia, Japan

☆ Intrusive thoughts: What they are and how to manage them
▼ + stars: | 2023-10-29 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

Most people have intrusive thoughts, but for many they come up occasionally and are inconvenient at worst, experts said. Intrusive thoughts can be violentIn addition to running someone over or pushing your partner off a cliff, other violent intrusive thoughts include wanting to harm your newborn baby or imagining yourself losing control and stabbing yourself with a kitchen knife. Breaking the cycle of intrusive thoughtsCompletely eliminating intrusive thoughts isn’t possible because they’re normal for most people, experts said. What doesn’t really help, Abramowitz said, is trying to resist or analyze intrusive thoughts, because a lot of the time that just makes someone more obsessive. If you’re struggling with intrusive thoughts, remember you aren’t your thoughts and you’re not a dangerous person.

Persons: CNN —, ”, Sue Varma, Stephanie Woodrow, Woodrow, Varma, ” Woodrow, ’ ”, Jon Abramowitz, —, Abramowitz, “, ” Abramowitz, you’re, it’s Organizations: CNN, University of North Locations: cologne, fretting, New York, Washington , DC, University of North Carolina

☆ The 'blue dollar' is booming: Argentina's lust for the buck pushed its black-market rate up 60,000% since peso parity ended in 2002
▼ + stars: | 2023-10-19 | by ( Anil Varma | ) www.businessinsider.com time to read: +5 min

For decades, the nation has been roiled by hyperinflation, sky-high interest rates, a growing mountain of debt, a string of sovereign defaults, and a cratering exchange rate. Rampant inflation has ravaged Argentina's currency over the years, wiping out much of its value against the dollar and ruining its appeal to consumers. The coveted bucks from the back alleys of Buenos Aires have their own price, even their own name: dólar blue, or the "blue dollar." AdvertisementAdvertisementUp 60,000% and going strongThe dollar's unofficial exchange rate smashed above 1,000 pesos for the first time last week, to hit levels almost three times as high as the official rate. That would almost certainly mean the blue dollar surging to new highs.

Persons: —, It's, Javier Milei, Manuel Cortina Organizations: Service, Spain's Santander Group, Cato Institute, Local, Argentine, Monetary Fund, BBVA Locations: Argentina, Buenos Aires, bluedollar.net, American, Brazil, Argentine, Spanish

☆ Jeremy Grantham and Bill Gross have warned stocks are overvalued. Wharton professor Jeremy Siegel disagrees: "They are underpriced"
▼ + stars: | 2023-10-13 | by ( Anil Varma | ) www.businessinsider.com time to read: +3 min

Wharton professor Jeremy Siegel rejects the notion that US stocks are overvalued, saying they are in fact "underpriced". "Even if there is a mild recession, these are great long-term values," Siegel said, referring to the current levels in stocks. Wharton finance professor and markets guru Jeremy Siegel suggests just the opposite might be the case. Even if there is a mild recession, these are great long-term values. Stocks are almost to levels where earnings yields are above 6%, which equate to real returns going forward," Siegel wrote.

Persons: Wharton, Jeremy Siegel, Jeremy Grantham, Bill Gross, Jeffrey Gundlach, Siegel, —, Wall, MacroEdge Organizations: Service, DoubleLine, JPMorgan, Equity

☆ Global central banks are hoarding gold like never before as they seek to reduce 'overconcentration' of dollar reserves
▼ + stars: | 2023-10-10 | by ( Anil Varma | ) www.businessinsider.com time to read: +4 min

Global central banks have been buying record amounts of gold as they seek to diversify reserves away from the dollar. "We expect central banks to continue their role as net purchasers of gold," according to the head of gold strategy at State Street. AdvertisementAdvertisementGlobal central banks have been snapping up record amounts of gold since the start of 2022 - a trend that should continue as countries look to move away from an "overconcentration" of reserves in the dollar, according to State Street Global Advisors. In addition to reserve diversification, the trend is also driven by central banks' desire to strengthen balance sheets and increase liquidity without adding credit risk, according to the firm. AdvertisementAdvertisement"Therefore, as we look ahead, we expect central banks to continue their role as net purchasers of gold," he added.

Persons: —, Maxwell Gold, Vladimir Putin Organizations: State, Service, Street Global Advisors, Society, Worldwide Interbank Financial Telecommunications, Force Locations: China, Russia, Iran, India, Indonesia

☆ Supply chains may be moving out of China and into Asia — but they aren't really decoupling from the country
▼ + stars: | 2023-09-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Supply chains are diversifying away from China, causing a shift in global-trade patterns. Data shows that while manufacturing activity for end products has been moving out of China, supply chains haven't decoupled from the country. "Companies are moving manufacturing processes to other countries, including parts of Asia and North America, to diversify their supply chains. Companies are moving their supply chains out of China. As Insider reported in April, even Chinese companies are moving their supply chains out of China to avoid risks.

Persons: Donald Trump, Biden, Misha Govshteyn, Nomura, Sonal Varma, reexported, —, Frederic Neumann, Yukon Huang, Genevieve Slosberg, Lu Yucong, Carnegie's Huang, MaroFab's Govshteyn Organizations: Service, Apple, Mazda, Asia Supply, Nomura Holdings, East, HSBC, Association of Southeast, Nations, Carnegie Asia Program, Financial Times Locations: China, Southeast Asia, Wall, Silicon, Asia, Washington, Beijing, Vietnam, Bangladesh, North America, Houston, South Korea, Hong Kong, China's, India, Japan, Europe, Yukon, America, United States, Guangdong

"The price of global rice prices is particularly worrying," Qingfeng Zhang, a senior director from the Asian Development Bank, told CNBC. Other than India, food inflation has been relatively tame in Asia so far this year. Underscoring how higher food prices erode purchasing power, ADB suggested at that time that a 10% rise in domestic food prices in developing Asia would push 64.4 million into poverty, based on the $1.25-a-day poverty line. Moreover, this spike in rice prices is happening amidst widespread lower food prices. watch nowThis means any spikes in food prices will only translate to food inflation toward the end of this year or early 2024.

Persons: Qingfeng Zhang, El Niño, Niño, Erica Tay, Tay, Tay . Rice, Xi Jinping, Morgan Stanley, Maybank Nomura, Sonal Varma, Si Ying Toh, Nomura, Paul Hughes, Hughes, Global's Hughes Organizations: Istock, Asian Development Bank, CNBC, ADB, United Nations, FAO, Tay . Locations: Ho Chi Minh, Vietnam, Asia, India, Thailand, China, Myanmar, Cambodia, Tay, U.S, El, Australia, Pacific, Singapore, Hong Kong, Indonesia, South Korea, Philippines, Malaysia

☆ Nature inFocus Photography Awards: Gripping images from Indian prize look at the bigger picture
▼ + stars: | 2023-08-09 | by ( Flo Cornall | ) edition.cnn.com time to read: +3 min

CNN —A peckish tiger lunching on a softshell turtle, an ant snacking on honeydew, and a pair of glittery slug moth larva are just a handful of scenes depicted in the winning images from the Nature inFocus Photography Awards 2023. Nature and wildlife storytelling platform Nature inFocus runs the competition. Among the winning images is a photostory focusing on the devastation facing the intricate mangrove forests of the Godavari River in Andhra Pradesh, India. Other winning images include rarer wildlife sightings, such as a pair of agitated mountain goats locking horns in a cinematic rocky landscape. Amit Eshel/Courtesy Nature InFocus Photography AwardsAccording to the IUCN, the Nubian ibex is a vulnerable species – facing threats from agriculture to extreme weather.

Persons: ”, Rohit Varma, Srikanth Mannepuri, Mannepuri, Amit Eshel, Jo, Anne McArthur, McArthur, Varma Organizations: CNN, “, IUCN Locations: India, Bangalore, Andhra Pradesh

☆ Pooran powers West Indies to 2-0 lead over India in T20 series
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

Aug 6 (Reuters) - Nicholas Pooran's 67 off 40 balls helped the West Indies clinch a two-wicket victory over India in the second Twenty20 international in Providence on Sunday to take a 2-0 lead in the five-match series. India, who opted to bat, had Tilak Varma's 51 to thank for taking them past the 150 mark, with captain Hardik Pandya (24) and opener Ishan Kishan (27) also contributing to the total. Three bowlers were instrumental in restricting India to an inadequate 152-7, with Akeal Hosein, Alzarri Joseph and Romario Shepherd taking two wickets apiece. West Indies fumbled early in their innings, but Pooran anchored their chase with a big-hitting knock before being dismissed by Mukesh Kumar. I felt like it was a decent wicket and we are accustomed to get such wickets here.

Persons: Nicholas Pooran's, Tilak, Hardik Pandya, Ishan Kishan, Akeal Hosein, Alzarri Joseph, Romario Shepherd, Pandya, Pooran, Mukesh Kumar, I'm, enders Hosein, Joseph, Aadi Nair, Pritha Sarkar Organizations: West Indies, Thomson Locations: India, Providence, West Indies, Bengaluru

☆ Central banks in Asia could soon diverge from the Fed, Nomura says
▼ + stars: | 2023-07-11 | by ( Jihye Lee | ) www.cnbc.com time to read: +4 min

Francois Lochon | Gamma-rapho | Getty ImagesCentral banks in Asia could start cutting rates earlier than the Federal Reserve, economists at Nomura predicted. "Our view of Asian central banks cutting policy rates ahead of the Fed in this cycle is based on the fundamental divergences between Asian and U.S. economies," Nomura economists wrote. China's producer prices have already entered deflation territory, while South Korea's inflation hovered around 2.7%, nearing its central bank's target. Seoul could start cutsNomura expects the Bank of Korea to be one of the first central banks after China to cut rates. They pointed to the central bank's governor Rhee Chang-yong shrugging off investor concerns about a weakening South Korean currency.

Persons: Francois Lochon, Sonal Varma, Nomura, lockdowns, BOK, Rhee Chang, Rhee Organizations: Getty, Federal Reserve, Nomura, Federal, Bank of, CNBC, Korean, U.S Locations: Seoul, South, Asia, U.S, China, sputter, Indonesia, Philippines, India, Korea, Singapore, Bank of Korea

CNN —Indian authorities have arrested three railway officials as part of an investigation into one of the deadliest train crashes in the country’s history. The Central Bureau of Investigation (CBI) said in a statement that they had arrested three Department of Railways officials on Friday. The move follows the deaths of at least 275 people in a three-way crash involving two passenger trains and a freight train in eastern Odisha state on June 2. The railways minister Ashwini Vaishnaw has previously said the accident had occurred “due to a change in electronic interlocking” and that an investigation would show “who was responsible” for that. According to senior railway officials, the crash took place when the Coromandel Express, a high-speed train traveling from Kolkata to Chennai, was diverted onto a loop line and slammed into a heavy goods train idled at Bahanaga Bazar railway station.

Persons: ”, Narenda Modi, Ashwini Vaishnaw, Jaya Varma Sinha, Naveen Patnaik, Modi, Modi’s Organizations: CNN, Central Bureau of Investigation, of Railways, Indian, Howrah Locations: Odisha, Kolkata, Chennai, Bahanaga Bazar, Bangalore

Indian and international media have previously reported that a possible malfunction in the automated signalling system may have led to the crash. However, details of the frequent malfunctions at the nearby rail-road barrier and its possible connection to a manual bypass of the signalling system are reported by Reuters for the first time. A spokesman for Indian Railways said "repair works keep happening as per requirements" but tampering with the automated system is not allowed. "(Indian) Railways believes the system was tampered with," said the second source, who has access to briefings on the investigation. The Indian Railways spokesman did not directly address the authorisation issue and only said it is not allowed under Indian Railways rules.

Persons: Amitabh Sharma, Sharma, Soubhagya Ranjan Sarangi, Narendra Modi's, Jaya Varma Sinha, Sinha, Sandeep Mathur, Mathur, Sudhanshu Mishra, Krishn Kaushik, Jatindra, Sarita Chaganti Singh, YP Rajesh, Angus MacSwan Organizations: Railways, Reuters, of Railway Safety, CRS, Railway Board, Railways Ministry, Indian Railways, police’s Central Bureau of Investigation, CBI, Coromandel Express, Express, YP, Thomson Locations: India, DELHI, Bahanaga Bazar, Balasore, Odisha, Bahanaga, Niranjan, Chennai, Kolkata, New Delhi

☆ Did N.Y. Leaders Leave Residents Unprepared for the Air Quality Crisis?
▼ + stars: | 2023-06-09 | by ( Emma G. Fitzsimmons | Luis Ferré-Sadurní | ) www.nytimes.com time to read: +1 min

On Tuesday afternoon, the governor’s office issued a news release announcing that the wildfires were creating hazy conditions in New York City and elsewhere, urging residents to limit exposure and saying state experts were monitoring the situation. On Wednesday morning, as many New Yorkers woke up to a thick blanket of haze, the governor spoke to reporters in Albany about the situation, saying it was “an emergency crisis” and warning it could last several days. Asked about the wisdom of declaring a state of emergency, Ms. Hochul said that it was unnecessary. “A state of emergency is a mechanism you use when there’s something you can do about it,” she said. “We don’t have a lot we can do about the circumstances for contaminated toxic air coming into our airspace, so there’s not a need for deploying resources or bringing money to the table.”

Persons: ”, Jay Varma, Bill de Blasio, Hochul, there’s Organizations: Cornell Center for Pandemic Prevention, Mexico City, state’s Department of Environmental Conservation Locations: Beijing, Mexico, New York City, Albany

☆ India's central bank isn't letting its guard down, economist says
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's central bank isn't letting its guard down, economist saysSonal Varma of Nomura discusses the outlook for the Reserve Bank of India's monetary policy and says it's monitoring factors such as El Nino and a potential rise in oil prices. She adds that an interest rate hike is unlikely.

Persons: Sonal Varma, Nomura Organizations: Reserve Bank, El Nino

Nearly 1,200 people were injured when a passenger train hit a stationary freight train, jumped the tracks and hit another passenger train passing in the opposite direction near the district of Balasore. The drivers of both passenger trains were injured but survived, she said. RESTORATIONWorkers with heavy machinery were clearing the damaged track, wrecked trains and electric cables, as distraught relatives looked on. More than 1,000 people were involved in the rescue, the Railway Ministry said on Twitter. "The target is by Wednesday morning the entire restoration work is complete and tracks should be working," Vaishnaw said.

Persons: Pradeep Jena, Ashwini Vaishnaw, Narendra Modi, stringently, Modi, Jaya Varma Sinha, Stringer, Sinha, Vaishnaw, Kanchan Choudhury, Jatindra Dash, Rajesh, Jayshree Upadhyay, Ira Dugal, Robert Birsel, Sonali Paul, William Mallard, Nick Macfie Organizations: Railways, India's Railway Board, Central Bureau of Investigation, Railway, Express, Railway Ministry, Twitter, Wednesday, Thomson Locations: BAHANAGA, India, Odisha, Balasore, Chennai, Kolkata, du, Inde, Howrah

☆ India rail crash probe focuses on track management system
▼ + stars: | 2023-06-04 | by ( Yp Rajesh | ) www.reuters.com time to read: +3 min

NEW DELHI, June 4 (Reuters) - Investigators are probing an electronic track management system that they suspect malfunctioned and caused India’s deadliest train crash in more than two decades, railways officials said on Sunday. In their first detailed briefing on the crash, Indian Railways officials said that failure of the track management system was the main focus of investigations. The computer-controlled track management system, called the “interlocking system”, directs a train to an empty track at the point where two tracks meet, Sandeep Mathur, principal executive director for signalling, told reporters. It also coordinates and controls the signal to an oncoming train, indicating whether the train has to move straight or switch to a new track, he said. The interlocking system should not have allowed the Coromandel Express to take the loop track, Sinha said.

Persons: Sandeep Mathur, ”, Jaya Varma Sinha, Sinha, Adnan Abidi, Frances Kerry Organizations: Indian Railways, Railway Board, REUTERS, Express, YP, Thomson Locations: DELHI, Odisha, Balasore district, Coromandel, Chennai, Kolkata, India, Howrah

Rescue workers gather around damaged carriages during search for survivors at the accident site on Saturday. With the rail routes still blocked, family members of deceased passengers are having to find their way by other means to the crash site, to help identify the dead. India’s extensive rail network, one of the largest in the world, was built more than 160 years ago under British colonial rule. Decaying infrastructure is often cited as a cause for traffic delays and numerous train accidents in India. An ambitious National Rail Plan, announced in 2021, envisages that all major cities in north, west and south India should be connected by high-speed rail.

Persons: –, Ashwini Vaishnaw, ”, Dibyangshu Sarkar, Jaya Varma Sinha, ” Sinha, Mansukh Mandaviya, Mandaviya, Naveen Patnaik, Patnaik, “, Narenda Modi, Narendra Modi, Volodymyr Zelensky, Vladimir Putin, Joe Biden, Rishi Sunak, Fumio Kishida, Antonio Guterres, Pope Francis, Modi, Modi’s, Albright Organizations: Hong Kong CNN, Howrah, Bangalore . Rescue, Getty, Jaya, India’s Health, Sunday, Odisha’s, Public Relations Department, Indian, Rapid, Force, British, United Nations, National Crime Records, Group, Rail Plan, Bharat Locations: New Delhi, London, Hong Kong, Balasore, Odisha, Indian, Kolkata, Chennai, Bazar, Bangalore, AFP, Tamil Nadu, Russian, India, Jammu, Kashmir

☆ Punjab's Arshdeep back in his element after fixing no-ball tendency
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

The problem persisted in the subsequent home series against New Zealand but Arshdeep was back in his element against Mumbai. It helped me with the no-ball problem," he said after claiming 4-29 in the high-scoring heart-stopping match. But Cameron Green (67) and Rohit Sharma (44) led a robust reply from Mumbai and then Suryakumar Yadav smashed 57 off 26 balls. Arshdeep was even more impressive, conceding just two runs and breaking the middle stumps of Tilak Varma and Nehal Wadhera in successive deliveries. "I guess Danny you should come next to me and feel the heart beat - it's not even close to 120," a beaming Arshdeep said.

☆ India monetary tightening cycle not over, inflation remains a concern -MPC minutes
▼ + stars: | 2023-04-20 | by ( Swati Bhat | ) www.reuters.com time to read: +2 min

MUMBAI, April 20 (Reuters) - India's current rate tightening cycle may not be over as more hikes could be warranted to align inflation towards the central bank's medium term target of 4%, minutes of this month's Monetary Policy Committee (MPC) meeting showed on Thursday. "It is clear that the war against inflation has not yet been won, and it would be premature to declare an end to this tightening cycle," MPC member Jayant Varma wrote. Most members appeared more concerned about inflation than in their commentary after the previous policy meeting in February when the bank raised rates by 25 bps. The decision by OPEC+ to cut crude output and the possibility of weak monsoon rains could both push up inflation in India and necessitate a monetary policy response, Varma said. In the current situation of high inflation, monetary policy does not have the luxury of responding to these growth headwinds."

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