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Kolkata: The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget.

"The industry has asked for separate concession over and above the Rs 1.5 lakh deduction under section 80C for ELSS and National Pension Scheme," industry body AMFI Chairman Sundeep Sikka said Wednesday on the sidelines of the ICC organised mutual fund summit.

"The need for industry is long term money. This (additional concessions) will boost long term flows into the capital market," he said.

"The Finance Ministry should also consider tax concessions for unit linked pension plans under section 80CCD of the Income Tax Act," Dinesh K Khara, Managing Director and CEO of SBI Mutual Fund said.

Washington, Feb. 19 - A new study has recently revealed that Neanderthal groups assigned some of their tasks according to the gender.

Study performed by the Spanish National Research Council (CSIC), analyzed 99 incisors and canine teeth of 19 individuals from three different sites (El Sidron, in Asturias - Spain, L'Hortus in France, and Spy in Belgium), reveals that the dental grooves present in the female fossils follow the same pattern, which was different to that found in male individuals.

Analyses showed that all Neanderthal individuals, regardless of age, had dental grooves .

London, Feb 19 - People who are addicted to their cell phones are more likely get mood swings, says a new study.

Washington, Feb. 19 - NASA's spacecraft has captured a solar shockwave in action for the first time ever.

On Oct. 8, 2013, an explosion on the Sun's surface sent a supersonic blast wave of solar wind out into space. This shockwave tore past Mercury and Venus, blitzing by the Moon before streaming toward Earth. The shockwave struck a massive blow to the Earth's magnetic field, setting off a magnetized sound pulse around the planet.

NASA's Van Allen Probes, twin spacecraft orbiting within the radiation belts deep inside the Earth's magnetic field, captured the effects of the solar shockwave just before and after it struck.

New Delhi: Swine flu deaths have soared to 663 across the country while number of people affected by it breached the 10,000 mark as the virus spread to new places like Nagaland.

The figures show that there is no let-up in the impact of the virus as it claimed 39 more lives between February 16-17.

Health Minister J P Nadda said there was no dearth of medicines and hospitals were equipped to deal with swine flu. The ministry said states have also not made any demand regarding drugs, diagnostic kits and other wherewithal to deal with the issue.

Central government figures show that 10025 people have suffered from H1N1 virus so far this year, a new high in recent years.

Washington, Feb 19 - Soda lovers beware! A new study has found that people who drink 1 or more can of soda per day could be possibly exposed to an ingredient 4-methylimidazole, which is a potential carcinogen.

Public health researchers have analyzed soda consumption data in order to characterize people's exposure to a potentially carcinogenic byproduct of some types of caramel color. Caramel color is a common ingredient in colas and other dark soft drinks. The results show that between 44 and 58 percent of people over the age of six typically have at least one can of soda per day, possibly more, potentially exposing them to 4-methylimidazole (4-MEI), a possible human carcinogen formed during the manufacture of some kinds of caramel color.