Category:

Health

India Inc resorted to salary cuts in Q1, will be drag on economic recovery: Report

The “weak” wage growth will prove to be a drag on the overall economic recovery in the medium term as it will affect household consumption, the report by India Ratings and Research said.

An environment of pandemic-led uncertainty and elevated inflation could impact the level of spending and hence the overall demand. Resuscitating wages will be critical for a revival of the overall economy and Capex cycle, which has been languishing even before the COVID-19 outbreak, it said., it said.

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Reinsurance outlook changes to stable as sector raises prices amid economic recovery:Moody’s

Price increases will drive stronger earnings for reinsurers through 2022 amid the post-pandemic economic recovery
Capitalization remains solid with solvency ratios well above regulatory thresholds
Uncertainty over Covid liabilities has diminished although pandemic-related claims continue to affect earnings for some large multiline reinsurers in 2021, driven by higher than expected mortality claims. The pandemic has caused reinsurers to take a more prudent stance towards systemic risk management, including communicable disease, cyber events and climate change.

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Internet and smartphones are damaging wellbeing of people: Study

Abdullah Al-Rashid, Director of Ithra’s Digital wellbeing program says: “As an organisation dedicated to individual enrichment, we at Ithra want to understand the cultural impacts of mankind’s growing reliance on the internet and social media. Unfortunately, our research shows that half of all people believe over-reliance on these platforms is damaging their wellbeing. This is why we are launching Sync – a new initiative designed to raise awareness about digital wellbeing, support novel research in partnership with global entities, and unite thought leaders globally to find new ways to protect the public.”

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Global bodies join hands to launch 500 actions to reduce environmental health burden

Environmental pollution and other environmental risks cause 24 per cent of deaths through, for example, heart disease, stroke, poisonings, traffic accidents, and others, all of which could at least be substantially reduced, if not eliminated, through bold preventive action at national, regional, local and sector-specific levels.

Air pollution alone leads to 7 million deaths each year, while climate change is expected to contribute increasingly to a broad range of health impacts, both directly and indirectly through effects on biodiversity.

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G20 health ministers agree vaccine confidence measures

The member nations India, the United Kingdom, the United States, Argentina, Australia, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey and the European Union agreed to work together to enhance timely global access to safe, affordable and effective COVID-19 vaccines, therapeutics and diagnostics.

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Merkel says vaccinated aren’t ‘guinea pigs’

Vice Chancellor Olaf Scholz, whose center-left Social Democrats Party currently leads polls ahead of Germany’s September 26 elections, recently said that fully vaccinated people have been the guinea pigs for those who so far have held off. He added that he was vaccinated and others should follow.

Merkel, however, did not appear to agree with her deputy’s messaging in her Tuesday speech.

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India ‘prepares for the worst’ ahead of possible COVID-19 third wave

Almost all states are readying special paediatric wards as some experts warn unvaccinated children could be vulnerable to any new virus mutations. States including Madhya Pradesh are also stocking up on anti-viral drugs such as Remdesivir.

But with a government survey estimating as many as two-thirds of Indians already have COVID-fighting antibodies through natural infection, and 57% of its adults with at least an initial vaccine dose, many health experts believe any new outbreak of infections could be much less devastating than the second wave.

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