July 2016

Mohammad Anas Wahaj | 18 jul 2016

According to the latest CII (Confederation of Indian Industry) survey of 200 Indian firms of varying sizes, the Business Confidence Index rose to 57.2 points in April-June of FY17, compared to 54.1 in the previous quarter. Indian companies are more confident in the first quarter of the current financial year about the macroeconomy and their own companies than any of the previous six quarters. But excess capacity is putting the brakes on these companies to increase their investments. Survey found the following key concerns of the Indian companies - Weak global recovery; Low consumption demand; High borrowing costs; Lack of political consensus on economic reforms. CII said, 'So far this year, price pressures have been on the rise due to increasing food and fuel costs and in expectation of the salary and wage increase of central government employees under the 7th Pay Commission. However, a normal monsoon may provide some relief from food inflation in the latter half of the year.' About 43% attributed the recovery in corporate sector to increased government spending, while 41% of the respondents attributed this recovery to increased consumption demand (private consumption expenditure). Read on...

Business Standard: India Inc upbeat on economy, higher profits
Author: Indivjal Dhasmana

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Mohammad Anas Wahaj | 04 jul 2016

Team of researchers from IIT-Madras (India) and University of Nebraska at Lincoln (USA), are developing an ingestible capsule, that can stay in human body for close to a week, with sensors that will take readings of an individual's calorie intake, that can eventually help in diagnosis of diseases like cancer and permit sustained delivery of drugs. According to Prof. Benjamin Terry of UNL, 'The capsule, made of biocompatible materials, works like a parasite by latching on to the intestinal wall.' The sensors communicate their readings to an external device through low-intensity radio waves. Prof. P. V. Manivannan of IIT-M, says, 'The device is kept a metre away from the body. We use only low intensity waves that don't harm the body.' According to experts, biosensors could help monitor factors that influence digestive health. Prof. Terry adds that the mechanism could also serve as a long-term vessel for capsule endoscopes, the ingestible pill-shaped cameras that permit physicians to record images of the gastrointestinal tract. Read on...

The Times of India: From IIT-M - Capsule in body to count calories, diagnose cancer
Author: Ekatha Ann John

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