Reuters News
Why COVID-19 is killing US diabetes patients at alarming rates
A new US government study shows that nearly 40% of people who have died with COVID-19 had diabetes, among deaths of those under 65, half had the chronic condition
7 min read24 Jul 2020Coal India workers strike cuts output by 56% - official
The world’s largest coal miner’s production fell to 573,000 tonnes per day over the three days, compared to June average output of 1.29 million tonnes per dayOfftake by customers, such as power generators, fell nearly 62% to an average of about 536,000 tonnes per day
1 min read6 Jul 2020Death toll in Myanmar landslide surges past 100
A pile of mine waste collapsed into a lake, triggering a wave of mud and water that buried scores of workers, many freelance jade pickers killed in recent yearsOfficial sales of jade in Myanmar were worth 671 million euros ($750.04 million) in 2016-17
1 min read2 Jul 2020Tesla gets approval to start manufacturing in China
China’s industry ministry granted the electric-vehicle maker a certificate it needs to start production in the countryThis means ’the green light is fully given to Tesla for production in China,’ said Yale Zhang
1 min read17 Oct 2019Opinion | Reporting a massacre deserves awards, not punishment
On Monday,about a year after the Inn Din massacre, Wa Lone and Kyaw Soe Oo were sentenced to seven years in jail
4 min read5 Sep 2018Bharat Energy Storage Technology to produce thermal batteries from next year
BEST will build high energy density storage devices, which it says last longer than lithium ion batteries and can be used to power electric vehicles and telecom towers
1 min read6 Aug 2018India looking to compel e-commerce, social media firms to store data locally
The govt is also thinking of tightening scrutiny of mergers in the e-commerce sector so that even small deals that potentially distort competition are examined
2 min read30 Jul 2018Qatar to buy New York’s Plaza Hotel for $600 million
Qatar’s state-owned Katara Holding is buying full ownership of the hotel, including a 75% stake from Sahara India Pariwar, a person familiar with the deal told Reuters
2 min read3 Jul 2018RBI to take hawkish stance by end-2018, to hike rates early next year
All 61 economists expect the Reserve Bank of India (RBI) to hold the repo rate at 6% and the reverse repo rate at 5.75% at its 4-5 April monetary policy meeting
3 min read30 Mar 2018Blackstone to buy Thomson Reuters F&R unit in a $20 billion deal
Thomson Reuters will receive about $17 billion in proceeds, consisting of $3 billion from Blackstone, and $14 billion in debt and preferred equity
3 min read1 Feb 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared