An inside view of India’s pencil business and the four families that control it

An inside view of India’s pencil business and the four families that control it

The humble pencil was the simple solution that Three Idiots’ Rancho gave for the complex riddle of how to write in zero gravity. For about six centuries, the pencil has left its indelible mark as an all-weather writing instrument, after the accidental discovery of hard graphite at a nondescript Lake District village in England led to the commercial production of what would become the least inexpensive — yet must-have — item on modern desktops. Perhaps the instrument’s continuity as a stationery item was never in doubt. But when the mobile…

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From 167 to 130, India’s maternal mortality rate down by 22%

From 167 to 130, India’s maternal mortality rate down by 22%

The number of women who die during childbirth in India has come down sharply, with more women now delivering children in hospitals. The maternal mortality rate (MMR) , according to the sample registration system (SRS) data released by the office of Registrar General of India on Wednesday declined to 130 in 2014-16 from 167 in 2011-13 — a significant improvement on a parameter widely used by analysts and developmental economists to rate a country’s progress. MMR is defined as the number of maternal deaths per 100,000 live births. The 22%…

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India’s holdings of American govt securities touch $135.7 billion, highest in a year

India’s holdings of American govt securities touch $135.7 billion, highest in a year

India has sharply increased its exposure to US government securities with holdings worth USD 135.7 billion at the end of July, official data showed. Neighbouring China continued to top the charts with holding to the tune of USD 1.166 trillion, followed by Japan with exposure worth USD 1.113 trillion. In recent months, India has increased its purchase of American government securities and the country is the third largest holder among the BRICS group after China and Brazil (USD 271.9 billion). At the end of July, Russia held securities worth USD…

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India’s drug prices regulator calls for better oversight of private hospitals

India’s drug prices regulator calls for better oversight of private hospitals

India’s drug pricing authority called for better regulation of the country’s massive private healthcare industry on Friday to ensure government efforts to cut prices benefit patients. To cut the cost of procedures such as angioplasty and knee surgery, India’s National Pharmaceutical Pricing Authority (NPPA) has dramatically reduced prices of knee implants and cardiac stents in recent months. The move has been hailed as a major effort by Indian Prime Minister Narendra Modi to make healthcare affordable, but it has been met with stiff resistance from healthcare providers. Several hospitals across…

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SBI Life to launch India’s first billion-dollar IPO in seven years

SBI Life to launch India’s first billion-dollar IPO in seven years

SBI Life Insurance Co will launch next week what will be India’s first billion-dollar initial public offering since 2010, paving the way for a record-setting year for IPOs in the country. SBI Life, a unit of top Indian lender State Bank of India (SBI), will open the share sale to the public on Sept. 20 and close it on Sept. 22, according to a filing. The shares, that will begin trading Oct. 3 will be sold in a price range of 685-700 rupees apiece, raising as much as 84 billion…

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Aust helping India’s big education dream

Aust helping India’s big education dream

  Over the next five years, India has an ambitious goal to educate a cohort of people which is 16 times the size of Australia’s entire population. Both countries see enormous potential for Australian universities and its training sector in helping India upskill 400 million people. Already Australia is the second most popular destination for Indian students, behind the United States, with more than 60,000 studying down under in 2016. A large delegation of education representatives, led by Education Minister Simon Birmingham, is in New Delhi this week to look…

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India’s Salt Intake Twice the WHO-Recommended Mark

India’s Salt Intake Twice the WHO-Recommended Mark

The average salt intake in India is double that of the WHO-recommended maximum consumption level of 5 gm/day, a study said on Wednesday. Researchers at the George Institute for Global Health reviewed data involving 227,000 people across the country and found salt consumption “far exceeds” the World Health Organization (WHO) maximum target of just five grams per person each day. “The average daily salt intake was 10.98 grams per day for Indians aged above 19 against the WHO recommendation of 5 gm,” a statement from the institute said, highlighting the…

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high food expenses Pose venture to India’s Inflation goal

high food expenses Pose venture to India’s Inflation goal

prices of many foodstuffs inclusive of pulses, sugar, veggies and hen products are set to surge in India inside the next three months on skinny supplies, which could gasoline inflation and supply the significant financial institution little room to reduce charges, stated analysts. April consumer price inflation broke a latest slowing fashion after meals inflation came in at 6.32 percent, in comparison with 5.21 percent in March. meals costs are a political hot potato in India, in which more than a quarter of its populace of one.2 billion people stay…

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One third of India’s population to suffer from hypertension by way of 2020

One third of India’s population to suffer from hypertension by way of 2020

One 0.33 of India’s population is likely to suffer from hypertension via 2020, with round 20 in step with cent of the agricultural population too to be a victim, stated fitness professionals. specialists said that high blood pressure is on the verge of becoming an “epidemic” and each person with a blood stress be counted of one hundred forty/ninety is taken into consideration to be in the hypertensive category. “research show that high blood pressure is in all likelihood to come to be being a deadly disease inside the close…

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Lenovo, Apple quickest developing amongst India’s pinnacle 10 cellphone providers: Canalys

Lenovo, Apple quickest developing amongst India’s pinnacle 10 cellphone providers: Canalys

Canalys has posted its Q1 2016 file for Indian phone shipments, and has discovered that Lenovo and Apple have been the fastest developing vendors within the length. As in line with Canalys, the Indian cellphone marketplace grew 12 percent yr-on-12 months in terms of shipments, with 24.4 million devices shipped. while the top five companies (Samsung, Micromax, Intex, Lenovo, and Lava) remained the same as Q1 2015, Lenovo skilled the most important increase – its shipments rose 63 percent yr-on-yr. The record attributed Lenovo’s large boom to its “cost-for-cash handsets…

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