Plane carrying 22 UK citizens evacuated from hantavirus-hit ship lands in Manchester

A flight carrying evacuees from the hantavirus-hit cruise ship MV Hondius landed in the Netherlands on Sunday, with passengers disembarking in good spirits as authorities began quarantine procedures for those onboard.The flight from Tenerife, where the Dutch-flagged cruise ship is currently docked, carried 26 passengers and crew members, including eight Dutch nationals, according to the…

Read More

Loans outrun deposits, margins dip

MUMBAI: Indian banks are navigating a paradox where credit growth is outstripping deposit growth but margins are under pressure. On paper, a scenario where credit outstrips deposit growth should be a recipe for soaring profitability. However, a deeper look into the recent earnings calls of major public sector lenders shows that margins remain under pressure…

Read More

CCI to probe Pernod Ricard, seven others

The Competition Commission of India has ordered a detailed probe into French spirits giant Pernod Ricard and seven other entities for alleged cartelisation in the Indian-made foreign liquor market. The investigation will examine restrictive conduct by Pernod Ricard with retailers and wholesalers, potentially violating competition laws. The CCI’s Director General will lead the inquiry, looking…

Read More

Quote of the day by Ogden Nash: “To keep your marriage brimming, with love in the wedding cup, whenever you’re wrong, admit it; whenever you’re right, shut up.” |

Ogden Nash (Image: Wikipedia) Marriage advice is often given in long speeches, relationship books, counselling sessions and complicated psychological explanations. But sometimes a single sentence can explain human relationships more honestly than pages of earnest discussion. It’s no wonder one quote by American poet Ogden Nash remains popular decades after it was first written. On…

Read More

No one is buying Trump’s Gold? Immigration attorneys say the $1 million visa scheme is ‘unethical’

US President Donald Trump’s “Gold Card” visa scheme is struggling to win over the wealthy foreigners it was designed to attract, with several immigration lawyers warning clients to stay away from the programme over legal and financial concerns.According to a Washington Post report, attorneys who advise ultra-wealthy clients say ongoing litigation, tax complications and uncertainty…

Read More

Novartis seeks to deepen India innovation play

NEW DELHI: Swiss pharma major Novartis is sharpening its strategy in India as a pure-play innovator across core therapy segments, including cardiovascular, oncology and immunology, after divesting its stake in its listed arm earlier this year.Significantly, India increasingly contributes to nearly every molecule that Novartis commercialises globally, and is moving further up the value chain,…

Read More