The RBI sharply cut the GDP growth projection to 6.6 per cent from...
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Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China
The external affairs minister said alternative routes for supplies...
Global insured NatCat losses over $135 billion in 2024 , says Swiss Re
Jérôme Jean Haegeli, Swiss Re's Group Chief Economist, says:...
US life expectancy in 2020 drops by 1.5 years due to Covid-19 pandemic
“It’s staggering and depressing,” said Noreen Goldman, a professor of demography and public affairs at Princeton University. “The U.S. lags behind virtually all high-income countries in life expectancy, and now it’s lagging further behind.”
“No Need To Panic”: AIIMS chief says Human-To-Human Bird Flu transmission rare
“There is no need to worry if one is eating properly cooked poultry products. There is no evidence so far that it can be spread to people through properly cooked food. The virus gets destroyed when the food is cooked at high temperature. One should avoid contact with infected poultry, especially ill or dying chickens,” he said.
Pandemic can have severe effect on children’s mental, physical health, says doctor
“Pandemic can have a severe effect on children’s mental and physical health. They are confined at home for more than a year. Moreover, illnesses in the family, wage losses for parents have increased stress. Children may express psychological distress (sadness) by acting out in a different way each child behaves differently. Some may become silent while others may express anger and hyperactivity,” Dr Kumar said.
Climate resilience will be crucial for India’s economic growth and energy transition: Report
According to the Global Climate Risk Index, India is the seventh most climate-affected country in the world. It is increasingly facing rising heat stress, which is weakening the Himalayan glacial mass, affecting monsoon patterns, and contributing to a higher incidence of droughts, storms, and floods.
Infosys reopens offices as India Inc eyes long road back to work
In its memo, Infosys said the country’s safety situation seems to be improving, with growing vaccination coverage.
Tata Consultancy Services Ltd, the country’s biggest outsourcer, said earlier this month that it hoped to vaccinate all its employees and their families by September.
“Recognizing that vaccination was our best bet to an early return to normalcy, we undertook a pan-India vaccination drive that began in May,” said Chief Executive Officer Rajesh Gopinathan, adding that 70% of the company’s staff had been fully or partially vaccinated so far.
Maruti crosses 50 lakh cumulative sales milestone in rural markets of India
Stating that rural markets have a very special place in the company’s business, he said, ”over the years, we have carefully studied the needs of this segment… We remain committed to delivering products and services that match the customer needs in rural India.” While the aspirations of upcountry customers are very similar to those at metros, they demand more attention and care, he added.
IMF to keep 2021 global growth forecast at 6%-Georgieva
Georgieva, speaking at an online event sponsored by the Peterson Institute for International Economics, said that recovery will be held back unless the pace of COVID-19 vaccination picks up, adding that a goal of ending the pandemic by the end of 2022 will not be reached at the current pace.
Allow life insurers to sell pension-based health policies: HDFC Life Chairman
”Across the world, both pension and health cover are very much part of life insurance, as they protect people from longevity and morbidity risks.Hence, allowing life insurers to distribute products such as health indemnity, NPS would help improve the much-needed insurance reach across the country,” he said.
Two-thirds of Indians have coronavirus antibodies, survey shows
The survey showed 67.6% of adults were seropositive, while more than 62% of adults were unvaccinated. As of July, just over 8% of eligible adult Indians had received two vaccine doses.
About 400 million of India’s 1.4 billion people did not have antibodies, the survey showed.
Over $157 billion deployed in last 15 months to fight Covid pandemic: World Bank
”Since the start of the pandemic, the World Bank Group has committed or mobilised a record USD 157 billion in new financing, an unprecedented level of support for an unprecedented crisis,” World Bank Group President David Malpass said.
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”But we must still do more,” he said, adding that he remains deeply concerned about the limited availability of vaccines, which are critical to saving lives and livelihoods, for developing countries.