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The RBI's repo rate is at 6.50%. Banks met officials from the Fixed Income Money Market and Derivatives Association of India (FIMMDA) last week to raise the issue of persistently high overnight rates. FIMMDA and RBI officials did not respond to Reuters' emails seeking comment. Even as overnight rates stay elevated, treasury officials are not anticipating any infusion from the RBI as they expect liquidity conditions to improve in due course. That dividend transfer, according to traders, could top 1 trillion rupees ($12.23 billion), sharply above the budgeted 480 billion rupees.

☆ In general, price control isn't affecting us, says pharmaceutical company
▼ + stars: | 2023-05-11 | 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 EmailIn general, price control isn't affecting us, says pharmaceutical companyErez Israeli of Dr. Reddy's Laboratories says "we are a very diverse business and we're trying to grow in China, in Asia, in America, in India, etc."

☆ India builds more hospitals as population surges but doctors in short supply
▼ + stars: | 2023-05-10 | by ( Shivam Patel | ) www.reuters.com time to read: +6 min

The problem is a lack of doctors, a shortage that is reaching crucial levels as India becomes the world's most populous nation. Inaugurating the first specialised medical institute in northeast India last month, Modi said his government had sought to increase the number of doctors by setting up more medical colleges. The number of public hospitals, excluding specialised institutes, has risen some 9% in Modi’s time at the top, government data shows. The government says there was a near 80% shortage of surgeons, physicians, gynaecologists and paediatricians at community health centres in rural India as of March 2022. Specialist doctors tend to go overseas or join the private sector in metropolitan and other large cities, said Dr K. Srinath Reddy, at the Public Health Foundation of India non-profit.

☆ Der Spiegel cartoon of India reopens old wounds in world's new most populous country
▼ + stars: | 2023-05-04 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

The illustration, published last month in German news magazine Der Spiegel, shows a throng of jubilant Indians on an old and overcrowded locomotive – many standing on the roof – as it overtakes a sleek Chinese bullet train. But more than three quarters of a century later, critics of the Der Spiegel cartoon say it is unfair to view India through the lens of poverty. CNN has reached out to Der Spiegel for comment. Sankhadeep Banerjee/NurPhoto/Getty Images‘Suck up to China’The Der Spiegel cartoon “plays with very old fashioned clichés,” Germany’s ambassador to India, Philipp Ackermann, told Indian news agency ANI. “Der Spiegel caricaturing India in this manner has no resemblance to reality,” Gupta, the senior government adviser wrote on Twitter.

☆ Weight Loss Really Is Harder for Women in Midlife
▼ + stars: | 2023-05-02 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Illustration: Jessie LinWhen women in midlife struggling with their weight come to see Sylvia Gonsahn-Bollie in her Silver Spring, Md., doctor’s office she tells them the truth: “It’s not all in your head.”The good news, which is kind of bad news, for midlife women trying to manage their weight is that the challenges are real.

The hedge funds said they can share ideas, but cannot reveal their trading positions for regulatory reasons. Reddy said he preferred senior unsecured bank debt, that allowed bondholders payment ahead of some other creditors in the event of an insolvency. Taking bearish positions on banks that lend to smaller and medium sized firms could prove opportunistic if the economy weakens, he added. Trend-wise the Japanese yen should continue to weaken," said Chua, noting that central banks in Asia have slowed or paused rate hikes. Insurers, which holds commercial mortgage-backed securities and property, will likely feel pressures on CRE, he said.

☆ After growing 'uncontrollably' for years, venture capitalist warns Silicon Valley is entering a correction
▼ + stars: | 2023-04-20 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAfter growing 'uncontrollably' for years, venture capitalist warns Silicon Valley is entering a correctionChuckie Reddy, QED Investments Partner, issues a warning to venture capitalists of a correction in Silicon Valley with CNBC's Melissa Lee and the Fast Money traders.

☆ Lululemon used tiny organisms instead of fossil fuels to make the nylon for its new shirt
▼ + stars: | 2023-04-18 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +5 min

Conventionally, nylon is mostly made from ingredients sourced from fossil fuels like coal, natural gas or crude oil. "It's been estimated that 8 to 10 percent of all human-associated nitrous oxide emissions come from this single industrial process" to make adipic acid, Wallace told CNBC. To make the nylon precursor used in the Lululemon shirts, Geno uses biological organisms instead of chemicals from fossil fuels. "Because nylon, like it or not, has a lot of good value," Reddy told CNBC. "Look at those first-generation replacement straws — they didn't work, and everybody's annoyed," Reddy told CNBC.

☆ Japan proposes industrial hub in Bangladesh with supply chains to India
▼ + stars: | 2023-04-11 | by ( Manoj Kumar | ) www.reuters.com time to read: +2 min

NEW DELHI, April 11 Reuters) - Japan has proposed developing an industrial hub in Bangladesh with supply chains to the landlocked northeastern states of India, and to Nepal and Bhutan beyond by developing a port and transport in the region, officials said on Tuesday. It comes after Japanese Prime Minister Fumio Kishida's visit to India last month in which he touted the idea of a new industrial hub for the Bay of Bengal and northeast India that could bolster development in the impoverished region of 300 million people. "It can be a win-win plan for India and Bangladesh," Hiroshi Suzuki, Japan's ambassador to India, said on Tuesday, citing the industrial hub proposal at a meeting of Indian, Bangladeshi and Japanese officials in Agartala, the Tripura state capital. He said the deep seaport was likely to become operational by 2027 and would be a key to building an industrial hub connecting the Bangladeshui capital Dhaka to landlocked areas of India. Prime Minister Sheikh Hasina will visit Japan from April 25-28 at Kishida's invitation, a government statement said.

☆ India's Reliance, Adani among 49 bidders for debt-ridden Future Retail
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +1 min

Reliance Retail, part of Ambani's Reliance Industries Ltd (RELI.NS) as well as April Moon Retail Pvt Ltd, a joint venture between Flemingo group and Gautam Adani-led Adani Airport Holdings, have submitted expressions of interest (EoIs), an exchange filing by Future Retail showed. Other entities that have submitted EOIs include London-based retailer WH Smith (SMWH.L), a consortium led by U.S.-based restructuring firm Gordon Brothers, J.C. Flowers Asset Reconstruction, India's Jindal Power, and individual investor Harsha Vardhan Reddy. Reliance Retail, Jindal Power, J.C. Flowers, WH Smith and Gordon Brothers did not immediately respond to emails seeking comment.

☆ Think You’re Too Young to Need a Colonoscopy? Think Again
▼ + stars: | 2023-04-05 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/colonoscopy-screenings-how-old-colon-cancer-recommended-age-46948b55

☆ Marijuana Has Special Risks for Older People
▼ + stars: | 2023-03-26 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Cannabis can interfere with other medications, which is tricky for seniors because they are often on multiple prescription drugs. As more seniors use cannabis, doctors are calling attention to risks that can hit older people more than younger ones. Use of marijuana and CBD products has grown more common among middle-aged and older adults as they become legal in more states and more widely available in easy-to-take forms such as edibles. Seniors who consume them mostly say they do so to help manage pain, anxiety or sleep issues.

☆ For Women, Midlife Brain Fog Is Real. Here’s Why.
▼ + stars: | 2023-03-20 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Blanking on someone’s name. Forgetting why you entered a room. Struggling to concentrate on a task. Women in their 40s and early 50s often notice declines in their memory, focus and ability to learn new things—symptoms sometimes called “brain fog.”

☆ India's 1-yr, 10-yr yield curve briefly inverts for first time in nearly eight years
▼ + stars: | 2023-03-08 | by ( Dharamraj Dhutia | ) www.reuters.com time to read: +2 min

The 1-year bond yield, that trades close to the 364-day treasury bill yield, briefly rose to 7.4750% earlier in the day, while the 10-year benchmark 7.26% 2032 bond yield was at 7.4728%. The 1-year note last traded above the 10-year bond in May 2015, according to Refinitiv data. The 1-year yield eased to 7.43%, while the 10-year benchmark was at 7.46% as of 4:20 p.m. IST. On Feb. 28, Reuters reported that India's bond yield curve is likely to invert on the back of worsening liquidity deficit in India's banking system and bets of continued rate hikes. Reuters GraphicsThe benchmark 2032 bond yield has risen only 12 bps during the same period, leading to spread compression and ultimately inversion.

☆ Are Artificial Sweeteners Bad for You? New Worries About Link to Strokes, Heart Attacks
▼ + stars: | 2023-03-07 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Some doctors are urging patients to cut back their consumption of sugar substitutes as questions mount about their health effects. In the latest study, published February in the journal Nature Medicine, Cleveland Clinic researchers found that the commonly used zero-calorie sweetener erythritol was associated with an increased risk of heart attacks, strokes and death within three years.

☆ Is Low-Carb Ice Cream Bad for You? New Worries About Artificial Sweeteners
▼ + stars: | 2023-03-07 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

☆ India state launches probe into fire at Apple supplier Foxlink
▼ + stars: | 2023-03-01 | by ( Praveen Paramasivam | ) www.reuters.com time to read: +1 min

CHITTOOR, India, March 1 (Reuters) - India's Andhra Pradesh state has launched an investigation into what caused a fire at the factory of Apple (AAPL.O) supplier Foxlink that led to the collapse of part of the building and disrupted production, a government official said on Wednesday. The factories department, which is responsible for ensuring the safety and welfare of workers in the state, has launched an investigation. The department is "investigating the fire accident at Foxlink factory and, over the next couple of days, is looking to probe how the fire happened," Ramakrishna Reddy, deputy chief inspector of factories, told Reuters. Foxlink on Wednesday said it is investigating the cause of the fire and "working hard to resume production". The incident has raised supply chain concerns for the U.S. tech giant Apple, given Foxlink was a "key supplier" in India, Reuters has reported.

☆ How Doctors Use AI to Help Diagnose Patients
▼ + stars: | 2023-02-28 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Artificial intelligence is slowly changing the care that you get at the doctor’s office and in hospitals. At Mayo Clinic’s cardiology department, doctors use an artificial-intelligence program to help detect new heart problems. Elsewhere, a group of primary-care doctors is using it to help identify an eye condition that can lead to blindness. A number of hospitals are using it to catch patients at risk for sepsis.

☆ Premarket stocks: Why today's inflation report is so important
▼ + stars: | 2023-02-24 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Recent data has shown that inflation is still hot, and that the economy is rip-roaring. On Thursday, JPMorgan Chase (JPM) CEO Jamie Dimon publicly expressed his doubt in the central bank’s ability to control inflation. This, in turn, can help make it easier for the central bank to achieve its inflation targets. Blackrock analysts wrote in a note Thursday that “we think we are going to be living with inflation. Watson was accused in a federal indictment of having “engaged in a scheme to defraud OZY’s investors, potential investors, potential acquirers, lenders and potential lenders.”The charges said that Watson committed the fraud “through material misrepresentations and omissions” about Ozy Media, including the company’s finances, investors, business partners, contracts, and potential acquisitions.

☆ Domino's stock tumbles 10% as delivery problems persist
▼ + stars: | 2023-02-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

“We experienced significant pressure on our U.S. delivery business in 2022,” CEO Russell Weiner wrote in a statement discussing financial results Thursday. Domino's said its delivery business struggled last year. “Every day, delivery customers will be deciding where to spend their hard-earned dollars. And it raised the price of its “mix and match” deal for delivery orders, but not carryout. And while staffing has improved somewhat, “there is more work to do on staffing that part of the business,” Weiner said of delivery.

MUMBAI, Feb 13 (Reuters) - Indian government bond yields are expected to trend higher this week, as sentiment stays bearish, but debt as well as the local currency will track U.S. and India inflation data. India's headline retail inflation print is due on Monday, followed by U.S. retail inflation on Tuesday. Bond yields jumped after the RBI highlighted core inflation concerns, keeping the door open for another hike. The rupee will take its cues from the U.S. inflation print and its impact on the dollar index, a trader with a private bank said. For the week, the currency could move between 82.10 and 82.80 unless the U.S. inflation data is a big surprise, dealers said.

☆ What Doctors Are Learning About Marijuana and Surgery
▼ + stars: | 2023-02-06 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

There’s a surprising side effect of a marijuana habit that many people don’t know: Regular users may need more anesthesia during medical procedures to remain sedated. As more states allow people to smoke pot and eat edibles legally, more doctors say they are asking about marijuana use—and urging honesty—before surgeries or procedures because habitual users may need more anesthesia and painkillers. In one study, people who reported they used cannabis required more anesthesia than people who didn’t use it.

☆ Are Gas Stoves Dangerous to Your Health? Here’s What Science Says
▼ + stars: | 2023-01-25 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

People either swear by gas stoves or say they’re harming our health. But what is the science behind the debate? The fury was reignited earlier this month after reports that a commissioner of the U.S. Consumer Product Safety Commission was considering a ban on natural gas stoves. The chairman of the commission has since clarified that there’s no move to ban gas stoves, but they are seeking ways to make them safer.

☆ Indian shares hit over 1-wk low; Adani group stocks fall
▼ + stars: | 2023-01-25 | by ( Rama Venkat | ) www.reuters.com time to read: +2 min

BENGALURU, Jan 25 (Reuters) - Indian stocks hit an over-one-week low in volatile trading on Wednesday, ahead of the monthly expiry of derivatives and the federal budget. The Nifty 50 index (.NSEI) was down 1% at 17,936.25 as of 11:17 a.m. IST, while the S&P BSE Sensex (.BSESN) fell 0.96% to 60,394.36. Nifty's volatility index (.NIFVIX) climbed as much as 8.5% to 14.815 after hovering around the 14 mark for over a month. Auto stocks (.NIFTYAUTO) shed early gains to trade 0.2% lower, with Maruti Suzuki (MRTI.NS) and Bajaj Auto (BAJA.NS) the only gainers on the index. Maruti was up 0.8% on strong third-quarter earnings, while Bajaj Auto rose 0.3%.

☆ Can Intermittent Fasting Help Combat Childhood Obesity?
▼ + stars: | 2023-01-18 | by ( Sumathi Reddy | ) www.wsj.com time to read: 1 min

Parents and doctors are looking for new strategies to help adolescents with obesity. One controversial approach drawing the interest of some families is intermittent fasting, which limits people to eating for just a part of the day or week. Intermittent fasting has gained traction among adults who use it to try to manage weight and improve health. Doctors have largely avoided trying it with adolescents out of concern that introducing a fasting period to their schedules might result in nutritional gaps or trigger eating disorders when teens are rapidly growing and developing.

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