Category:

Pandemic

Latest

India’s excess deaths during pandemic up to 4.9 million, study shows ​​​​​​​

India has officially reported more than 414,000 deaths due to COVID-19, the third highest tally in the world after the United States and Brazil, but the study adds to growing calls from experts for a rigorous nationwide fatality audit.
“What is tragically clear is that too many people, in the millions rather than hundreds of thousands, may have died,” the report said, estimating the excess death toll during the pandemic at between 3.4 million and 4.9 million.

The report did not ascribe all the excess deaths to the pandemic.

read more

With vaccinated support staff, primary schools can open: ICMR

Bhargava said children can handle viral infection much better than adults and it has also been established that they have a lower number of ace receptors to which virus attaches.
“In some countries, particularly the Scandinavian ones, they (authorities) did not shut down their primary schools during the first, second or third wave whatever (Covid) waves they had, their primary schools were always open.

read more

Tax reduction, pandemic-driven cost cuts buoys India Inc net by 105% in FY21: Report

The tax cut has contributed 19 per cent to the topline of these companies during the pandemic with cement, tyre and consumer durables gaining in excess of 50 per cent, it added.

More importantly, 15 sectors led by refineries, steel, fertilisers, textiles, pharma, IT, mining, etc reduced their loan funds in the range of 6-64 per cent or to the tune of Rs 2.09 lakh crore in FY21, which again boosted their bottomline.

read more

Delta variant accounts for 80% of new Covid cases: Govt expert panel chief

“Besides, on invading a human cell, it replicates faster. It leads to a strong inflammatory response in organs like the lungs. However it is difficult to say that disease due to delta variant is more severe. The age profile and the deaths during the second wave in India were quite similar to that seen during first wave,” he stated.

read more

HDFC Life net profit declines 33 pc to Rs 302 cr in Q1 FY22

”In the quarter gone by, we witnessed a steep rise in death claims with peak claims in wave two at around 3-4 times of the peak claim volumes in the first wave. We paid over 70,000 claims in Q1.The gross and net claims provided for amounted to Rs 1,598 crore and Rs 956 crore, respectively. It appears that claims on individual business have peaked in June and expect them to normalise in the coming months with more people getting vaccinated and a fall in the absolute number of infections,” HDFC Life said on the impact of the pandemic on the business during the quarter.

read more