When you visit your physician regarding some aspect of your health, a blood test is often required. This typically involves a long needle and several blood-filled vials, which are sent to a lab for analysis. Theranos in US is now doing blood testing more quickly, conveniently, and inexpensively. Meet the creator of this revolutionary system, 30-year old Elizabeth Holmes, who dropped out of Stanford at 19 to pursue her passion and create Theranos.
After PwC (Price Waterhouse Coopers), the Hay Group is now planning to incubate startups in India, according to media reports. The US-based global consultancy firmplans to incubate 100 startups, mentoring them without directly investing money. It would help selected startups deal with all the challenges they face, from fundraising to firming up their growth strategy to attracting suitable talent, all without charging any fees.
Hundreds of delivery workers of working Flipkart and its subsidiary Myntra have gone on strike in Mumbai demanding toilet facilities at delivery hubs, proper working hours, extra allowances for overtime, a six-day week, uniforms and proper work schedules. Reports state that workers claimed 10,000 packages are pending for delivery due to the strike.
Anshu Gupta, who quit his corporate job in 1998 to establish NGO Goonj, is among the two Indians who have been chosen for the 2015 Ramon Magsaysay Awards. Bureaucrat Sanjiv Chaturvedi, who blew the whistle on alleged scam at the premier All India Institute of Medical Sciences, is the other Indian awardee.
For the third straight day today, gold has remained below $1,100 per ounce, a level last touched in March 2010.
Prices could fall below US$ 1,000 for the first time since 2009, according to Goldman Sachs. Morgan Stanley reports that in the worst-case scenario it may tumble to US$ 800.
What has been driving this decline? Here are four reasons that economists believe are causing this fall.