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News in Short

News in Short - 19-March-2020

S&P lowers India’s growth forecast to 5.2%

Date: 19 March 2020 Tags: Reports & Indices
  • S&P Global Ratings lowered India's economic growth forecast to 5.2% for 2020.
  • They said the global economy is entering a recession amid the coronavirus pandemic. The agency had earlier projected a growth rate of 5.7 per cent during the 2020 calendar.
  • Moody's Investors Service had lowered India's economic growth forecast for 2020 to 5.3 per cent (from 5.4 per cent), on coronavirus impact on the economy.

Euro 2020 postponed by an year

Date: 19 March 2020 Tags: Sports
  • The Euro 2020 football championship became the biggest major sporting event to be postponed because of the coronavirus crisis, reset for 12 months later.
  • The decision was confirmed after European football’s governing body, Uefa, held a teleconference with the leagues, clubs and players’ union.
  • Twenty of the 24 teams due to play in Euro 2020 have qualified, including England and Wales, but play-offs set for this month to determine the remaining four places have been postponed. Scotland, Northern Ireland and the Republic of Ireland each have a chance of joining the giants of European football.

Drug that halts rumour growth

Date: 19 March 2020 Tags: Biotechnology
  • Researchers have identified a drug candidate that effectively stopped tumour growth in mice and did so with fewer toxic side effects than commonly used chemotherapy drugs. 
  • The drug candidate, called OxaliTEX, is made of two parts: a star-shaped molecule called texaphyrin that acts like a kind of delivery vehicle and a modified version of a platinum drug that acts like a toxic package for cancer cells.
  • The texaphyrin molecule is designed to be more easily absorbed by cancerous cells than healthy human cells, reducing the drug’s side effects. It also has modifications that make it harder for cancerous cells to develop resistance

Astronomers discover pulsating white dwarf

Date: 19 March 2020 Tags: Space
  • Scientists have discovered a pulsating ancient star in a double star system, which will allow them to access important information on the history of how stars like our Sun evolve and eventually die.
  • An eclipsing binary, or double star system, is made up of two stars orbiting each other and periodically passing in front of each other as seen from the Earth.
  • White dwarf stars are the burnt out cores left behind when a star like the Sun dies. This particular white dwarf could provide key insights into the structure, evolution and death of these stars for the first time.

Greenland and Antarctica glacier melting 6 times faster than 90’s

Date: 19 March 2020 Tags: Climate Change
  • Climate change is causing the Earth’s great ice sheets, Greenland and Antarctic, to lose ice six times faster than they were in the 1990s.
  • The assessment of data obtained from 11 satellite missions monitoring the regions suggests that if the current melting trend continues, it will result in the rising of sea levels by 6.7-inches by 2100.
  • To calculate changes in the mass of the Greenland and Antarctic ice sheets between 1992 and 2018, the Ice Sheet Mass Balance Intercomparison Exercise team combined 26 surveys, which used measurements from satellites including NASA’s Ice, Cloud, and land Elevation Satellite and the joint NASA-German Aerospace Center Gravity Recovery and Climate Experiment.