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Tag: grow

Markets drop as tech slowdown fears grow

Markets drop as tech slowdown fears grow

Business
A sell-off on Wall Street continued on Tuesday, amid steep declines in oil prices and losses among technology shares.The Dow Jones Industrial Average closed down 2.2%, weighed down by Apple, which plunged nearly 5%.The broader S&P 500 dropped 1.8%, while the tech-heavy Nasdaq index fell 1.7%, to its lowest level since February.Meanwhile, benchmark oil prices sank nearly 7%, close to one-year lows. Apec: A family feud with no end in sight A quick guide to the US-China trade war Connor Campbell at Spreadex described the sell-off as a "macro-car crash, with Brexit fears, the post-Apec pre-G20 US-China trade war flare-up and the continuation of a nasty US tech sell-off resulting in absolute carnage".But IHS Markit's chief economi...
India’s personal wealth may grow at 13%: Report

India’s personal wealth may grow at 13%: Report

Finance
NEW DELHI: The country’s personal wealth is expected to grow at a CAGR of 13% to $ 5 trillion by 2022 from $ 3 trillion in 2017 to get the rank of 11th wealthiest nation globally by 2022, improving its rank by four places from 2017, said a report by Boston Consulting Group. India’s personal wealth was estimated to be $ 3 trillion in 2017. The US leads the chart in terms of total personal wealth with $ 80 trillion in 2017, which is projected to touch $ 100 trillion by 2022. China is ranked second, with a total personal wealth of $ 21 trillion, which is expected to more than double to $ 43 trillion by 2022. The report noted that India constitutes the second largest pool of wealth from emerging markets in the coming years, with $ 2.2 billion. It is the fifth largest Asian market in number of
Yes Bank aims to grow retail portfolio by 75 percent in two years to Rs 56,000 crore

Yes Bank aims to grow retail portfolio by 75 percent in two years to Rs 56,000 crore

Finance
Focussing aggressively on the retail segment, Yes Bank aims to grow its retail loan book by 75 per cent to around Rs 56,000 crore in the next two years, a top company official said. "For the last three to four years we have given our complete focus on the retail segment. We see a huge opportunity in retail. Currently our retail asset book size is close to around Rs 32,000 crore. We would be looking to grow it to anything between Rs 55,000-56,000 crore by 2019-20," Rajan Pental, Group President and Group Head- Branch and Retail Banking, Yes Bank, told PTI in an interview. Prior to turning the focus on the retail segment, Yes Bank built a strong customer franchise and when the equation was right, with a large retail customer base, the bank decided to offer retail services across products, Pe...
Stem cells grow more quickly, efficiently in new method

Stem cells grow more quickly, efficiently in new method

Health
Aug. 22 (UPI) -- Researchers have developed a new way to generate functional brain cells that cuts the time from months to two weeks. The astrocytes, which come from embryonic stem cells, play a significant role in neurodegenerative diseases, including dementia and ALS. The findings by Lund University in Sweden were published Monday in the journal Nature Methods. "This means that it is now easier than before to study the role of astrocytes in various diseases," Dr. Henrik Ahlenius, who led the research team at Lund, said in a press release. Researchers have known about the presence in the brain of the star-shaped glial cells for years but only recently have scientists discovered their significance. Researchers have faced difficulty in obtaining human astrocytes because it's a time-consum...
Leopard geckos can grow new brain cells, study finds

Leopard geckos can grow new brain cells, study finds

Science
July 27 (UPI) -- Many reptiles and amphibians boast impressive tissue regeneration abilities. But only geckos are known to be able to grow new neurons. For the first time, University of Guelph researchers have identified the presence of stem cells responsible for neuron generation in the brains of leopard geckos. Scientists used a chemical tag that was incorporated into the DNA of stem cells that allowed them to track where stem cells traveled and what types of cells they became. Scientists were able to follow the tags to the lizard's medial cortex -- an oft-studied analog to the human brain's hippocampus -- where they witnessed the generation of new brain cells. "The findings indicate that gecko brains are constantly renewing brain cells, something that humans are notoriously bad at doi...