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Showing posts with the label Economy

Food makers focus on Ozempic supplements and side dishes

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[ad_1] Major food manufacturers have already acknowledged that the sudden and extreme popularity of a new generation of weight loss drugs  could potentially threaten profits  if they don't adapt. Semaglutides like Ozempic and Wegovy, prescribed to treat Type 2 diabetes, are also now being used for weight loss given that they suppress the appetite. Food makers are keeping a close eye on how they might change Americans' consumption patterns on a large scale.  "Food companies are really in the early stages of trying to assess what the impact is going to be," Jesse Newman, food and agriculture reporter for the Wall Street Journal, told CBS News.   Investors in major food brands are also "concerned that this could threaten sales down the road," she added. But in addition to threatening a potential reduction in demand from suppressed consumption, the drugs could also present new opportunities for food makers.  It&#

Charlie Munger, Warren Buffett's right-hand man at Berkshire Hathaway, dies at 99

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[ad_1] Charlie Munger, long regarded as CEO Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99.  Munger died Tuesday in a California hospital, Berkshire Hathaway said in a statement posted on its website. Munger, who was Berkshire Hathaway's vice chairman, is credited with helping Buffett build the company into a legendary financial firm known for its canny investments in companies such as Apple and GEICO, leading to spectacular stock gains over the past several decades. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Buffett said in the statement. Indeed, Buffett's 2022  annual letter  to shareholders calculated that Berkshire Hathaway's shares had gained more than 3,787,000% from 1965 through 2022, compared with a 24,700% gain in the S&P 500 over the same period.  Munger served as a sounding board on investmen

Learn English: Understand the 4 Types of Sentence Structure

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[ad_1] Sentence structure is one among the most important grammatical components that acts as the foundation of a language (Representative image) Learn the rules for all types of sentence structure so that you can communicate clearly, correctly, and confidently Sentence structure is how all the parts of a sentence fit together. If you want to make more advanced and interesting sentences, you first have to understand how sentence structure works. In fact, sentence structure is one among the most important grammatical components that acts as the foundation of a language. So here is what you need to know. In this article, you will learn what a sentence structure is and the different types of sentence structures. You will also find examples for every sentence structure. What is Sentence Structure? Sentence structure is a grammatical component that tells you exactly where and how each component of a sentence should be placed in order to blend and make sense. Sentence structure is the g

Kalakshetra Closes College Till April 6 as Students Protest Against Alleged Sexual Harassment

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[ad_1] The Kalakshetra Foundation, loctaed in south Chennai, was established in 1936 by artiste Rukmini Devi as a center for training and performance of Bharatanatyam. (Getty Images) Students of the Rukmini Devi College of Fine Arts, being run by the Kalakshetra on its campus, resorted to the protest at the "tapovan", the prayer space at the entrance of the college on Thursday demanding justice The Kalakshetra, an iconic institution here, has announced closure of its college till April 6, in the wake of protests by students against alleged sexual harassment and misconduct on the campus. Students of the Rukmini Devi College of Fine Arts, being run by the Kalakshetra on its campus, resorted to the protest at the “tapovan", the prayer space at the entrance of the college on Thursday demanding justice. They alleged harassment by a senior faculty and sought appropriate action against him. As the allegations surfaced a few days ago, chairperson of National Commission of W

NEET UG 2023 Application Correction Window Opens at neet.nta.nic.in, How to Edit

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[ad_1] Published By : Sukanya Nandy Last Updated: April 08, 2023, 16:11 IST NEET UG 2023 is scheduled to be conducted on May 7 (Representative image) Candidates who applied for the NEET UG 2023 can edit some details on their application forms till April 10 up to 11:50 pm. The corrections can be done on neet.nta.nic.in The National Testing Agency (NTA) has opened the application correction window for the National Eligibility cum Entrance Test Undergraduate (NEET UG) 2023. Candidates who applied for the exam can edit some details on their application forms till April 10 up to 11:50 pm. The corrections can be done on neet.nta.nic.in. “Since it is a one-time facility extended to the candidates to avoid any hardships to them, the candidates are informed to do the correction very carefully, as no further chance for correction will be given to the candidates,” reads the NTA notification. It is to be noted that an additional fee will be required to edit some details. Also read|  NEET U

Coal India Trades Higher, Gives Over 30% Returns In a Year; Should you Invest?

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[ad_1] Coal India Share Price Today:  Coal India’s stock is currently trading at Rs 246.60, which is 2.03 per cent higher than previous day’s close. This indicates that the stock has experienced a slight increase in value. Meanwhile, it has risen over 30 per cent in the last one year. Coal India’s last-day open price was Rs 239.15, and the close price was Rs 240.85, with a high of Rs 242.4 and a low of Rs 239.15. The company’s market cap stands at Rs 148,706.67 crore, with a 52-week high of Rs 263.3 and a 52-week low of Rs 174.6. Should you Invest? Vaibhav Kaushik, Research Analyst, GCL Broking, giving it a ‘BUY’ rating, said the target price for Coal India is at Rs 270. Further, he said that the Demand for coal is also increasing due to the continuous growth of industrialisation and the Upliftment of the economy. Also, keeping in mind the point of freebie in elections mainly free electricity. Prashanth Tapse - Research Analyst, Senior VP (Research), Mehta Equities Ltd, said: “Lon

UAW chief says time is running out for Ford, GM and Stellantis to avoid a strike

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[ad_1] What a potential UAW strike could mean for the supply chain What a potential UAW strike could mean for the supply chain 06:28 The head of the United Auto Workers warned Wednesday that the union plans to go on strike against any Detroit automaker that hasn't reached a new agreement by the time contracts expire next week. "That's the plan," President Shawn Fain responded when asked if the union would strike any of the companies that haven't reached a tentative deal by the time their national contracts end. A strike against all three major automakers — General Motors, Stellantis and Ford — could cause damage not only to the industry as a whole but also to

Young adults with disabilities struggling to access savings, campaigners warn

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[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Young disabled adults have been struggling to access their own money because of complex processes around child trust funds (CTFs), campaigners say. One major CTF provider said it is “deeply unfair” that it must treat account holders lacking mental capacity differently to other 18-year-olds. In February, the Government said it had decided against developing a scheme that could have allowed the parents of teenagers who lack mental capacity to access small payments from child trust funds without going through certain legal processes. It said focusing on improvements to the application process, alongside raising awareness of the Mental Capacity Act, would address the root cause of the problem, so people know about the need to obtain legal authority for adults lacking capacity. The Government is working with disability charities and t

Medical Colleges in India Has Increased to 654 from 387 Since 2014: Govt data

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[ad_1] Last Updated: February 07, 2023, 18:59 IST A total of 94 out of 157 new medical colleges approved are already functional, Pawar said (Representative image) There has been a 94 per cent rise in the number of MBBS seats, from 51,348 to 99,763, and a 107 per cent increase in the number of postgraduate (PG) seats, from 31,185 before 2014 to 64,559 as of now, Bharati Pravin Pawar said There has been a 69 per cent increase in the number of medical colleges in the country, from 387 before 2014 to 654 as of now, the government informed Parliament on Tuesday. Further, there has been a 94 per cent rise in the number of MBBS seats, from 51,348 to 99,763, and a 107-per cent increase in the number of postgraduate (PG) seats, from 31,185 before 2014 to 64,559 as of now, Minister of State for Health Bharati Pravin Pawar said in a written reply to a question in the Rajya Sabha. In order to increase the number of doctors in the country, the government has hiked the number of medical college

Karnataka Govt Increases Number of Teacher Posts by 988 in High Schools - News18

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[ad_1] Published By : Sukanya Nandy Last Updated: October 01, 2023, 08:48 IST The 1,88,532 primary school teaching positions remain unchanged (Representative Image) The number of teacher posts in Karnataka has increased by 988 seats. This addition has been made to high school teaching positions, bringing the total number of teacher positions from 43,353 to 44,341 The Karnataka government has shared an updated notice with regard to the primary and high school teachers’ recruitment. The revised announcement was made keeping in mind the need to preserve student-teacher ratios in elementary and secondary schools. The number of teacher posts in Karnataka has increased by 988 seats. This addition has been made to high school teaching positions, bringing the total number of teacher positions from 43,353 to 44,341. However, the 1,88,532 primary school teaching positions remain unchanged, as per a report by The Hindu. Reportedly, following the revised notification, some posts for primary

Hurry Up! Last Day To Apply For MPPSC Exam; Know Eligibility - News18

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[ad_1] The MPPSC application window is open until November 27. The State Government approved the new contract policy in July. Madhya Pradesh Public Service Commission (MPPSC) is a state-level service examination conducted annually to recruit State Provincial Civil Service (PCS) officers. A total of 227 vacancies were to be filled through the MPPSC State Service Examination (SSE) 2023. It will recruit for the posts of State Administrative Services Deputy District President, Cooperative Inspector/ Extension Officer, Chief Municipal Officer, District Registrar, Development Block Officer, and other posts in various MPPSC departments. MPPSC has once again opened the window for the State Service Preliminary Examination 2023. However, the window is open only for selected candidates who are less than 10 in number. The Madhya Pradesh government announced a new contract policy just before the declaration of assembly elections. Based on this, a few candidates asked for relaxation in the age

Toyota recalls nearly 1.9 million RAV4 SUVs in the U.S. over fire risk

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[ad_1] Toyota is recalling roughly 1.9 million RAV4 sport utility vehicles in the U.S. because the batteries can shift during sharp turns and potentially cause a fire. The recall, which Toyota  announced Wednesday, affects certain RAV4s from the 2013 through 2018 model years. The Japanese automaker said in a statement that some replacement 12-volt batteries used in the SUVs have smaller top dimensions than others. If the hold-down clamp is not tightened properly, the battery could move, allowing the positive terminal to contact the clamp and short circuit, increasing the risk of a fire, the company said. Toyota said it is still preparing a fix. When the remedy is ready, dealers will replace the hold-down clamp, battery tray and positive terminal cover with improved ones. The company said it will notify owners by late December. Toyota did not say in its statement whether the problem has caused any fires or injuries.  Owners ca

Global investors’ confidence in Pakistan rises | The Express Tribune

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[ad_1] KARACHI: Pakistan has won back confidence of global investors as the country risk premium fell significantly from the peak of over 14% in June while its dollar-denominated Eurobond prices rose notably. Topline Securities CEO Mohammed Sohail said on social media platform X “Pakistan’s country risk premium has fallen significantly from its peak of 14.13% on June 27, 2023 to the current level of 3.35%. This shows building investor confidence in Pakistan post-IMF standby arrangement (SBA).” The reduction in risk premium signals the revival of global investors’ trust in Pakistan’s equity and debt instruments from the earlier negative stance. On the other hand, prices of Pakistan’s Eurobonds worth $1 billion maturing in April 2024 surged to 94.08 cents from near 50 cents in June. Prices of other Eurobonds and Sukuk also maintained their uptrend since the IMF awarded a $3 billion loan programme at the end of June 2023. Talking to The Express Tribune, Pak-Kuwait Investment

California lawmakers approve nation's first penalty for gas price gouging

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[ad_1] California lawmakers on Monday approved the nation's first penalty for gas price gouging, voting to give regulators the power to punish oil companies for profiting from the type of price spikes that hit Californians last summer. The Democrats in charge of the state Legislature worked quickly to pass the bill on Monday, just one week after it was introduced. It was an unusually fast process for a controversial issue, especially one opposed by the powerful oil industry, which has spent millions of dollars to stop it. Democratic Gov. Gavin Newsom used his political muscle to pass the bill, calling for a special legislative session last December to pass a new tax on oil company profits after the average price of gas in California hit a record high of $6.44 per gallon, according to AAA. Taking on the oil industry has been a major policy priority for Newsom, who is viewed as a potential future presidential candidate. He is expecte

How dangerous is vaping and what is the disposable vape ban?

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[ad_1] Vaping is far safer than smoking but the government wants to stop the sale of vapes to children [ad_2] Source link https://worldnews2023.com/economy/how-dangerous-is-vaping-and-what-is-the-disposable-vape-ban-2/?feed_id=306478&_unique_id=666d3d52d4fea

Stock Market Updates: Sensex Opens Flat, Nifty50 Above 18,050; Key Points

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[ad_1] Last Updated: January 18, 2023, 09:29 IST FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Key benchmarks opened on a positive note today. Sensex Today: Key benchmarks opened on a positive note today. Quarterly results, coupled with global trends, oil prices, and foreign fund flow, are expected to guide investors in Wednesday’s trade. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 2 points or 0.09 per cent. The Nifty50, meanwhile, was at 18,076 levels. In the broader markets, the BSE MidCap and SmallCap indices outrun frontline indices by gaining up to 0.2 per cent. Among sectors, the Nifty Metal index led from the front, advancing 0.8 per cent on the National Stock Exchange (NSE). On the flipside, the Nifty Realty index fell 0.5 per cent to trade as the top dragging index on the exchange. Global Cu

Taylor Swift fans, and Congress, take on Ticketmaster

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[ad_1] Twins Izzy and Alexa Harrison, of Potomac, Maryland, have a room that is like a shrine to Taylor Swift . They also sport Taylor Swift merch, wearing her cardigan sweaters, and sporting her necklace. "She's my role model, and she just makes me happy," said Alexa. But the twins were not happy when their mom was unable to get tickets for Swift's upcoming Eras Tour using a special code that Ticketmaster gave out to verified fans who had bought Swift's merchandise and downloaded her music. "Just disappointing and, like, upsetting," said Izzy. The twins' mom, Penny Harrison, spent several hours just trying to sign on: "I signed on at 9:30 in the morning, and at 10:00 it kicked me out, and then you just sign back on again. So, by the time I got in, it was 4:30 in the afternoon," she said. The problems continued for several hours as she tried and failed to purchase seats. "Any time I would click on something and try to pu