India

State Bank of India sees rebound after record $1.1 billion fourth-quarter loss

MUMBAI (Reuters) – State Bank of India (SBI) projected a recovery over the next two years after a record 77.18 billion-rupee ($ 1.13 billion) fourth-quarter net loss following stricter central bank rules around bad loans, sending its shares to a nearly six-week closing high. Reuters: Money News

State-of-the-art HIV drug could curb HIV transmission, improve survival in India

An HIV treatment regimen already widely used in North America and Europe would likely increase the life expectancy of people living with HIV in India by nearly three years and reduce the number of new HIV infections by 23 percent with minimal impact on the country’s HIV/AIDS budget. Latest Science News — ScienceDaily