Welcome to My Blog

Here is a masonry blog layout with no sidebar

Lower death rate pushes elderly population growth to 13.8 cr in 2021:NSO Study

Elderly in study means all those people who are of the age of 60 years and above. ”According to the Report of the Technical Group on Population Projections for India and States 2011-2036, there are nearly 138 million (13.8 crore) elderly persons in India in 2021 comprising 67 million males and 71 million females,” the NSO study ‘Elderly in India 2021’ said.

Pandemic hits India’s prospects to become $5 trn economy by FY25: Economist

Vakulabharanam said while Covid-19 is certainly the most important factor for economic slowdown, what is notable is that India’s decline is much steeper than what other developing countries and the global economy witnessed over the last year.

”As of now, the current Indian GDP is less than USD 3 trillion. If this has to jump to USD 5 trillion in four years, the economy has to grow higher than 13 per cent per annum, on the average,” he said.

Retail sector top target for ransomware attack in 2020: Report

“The retail sector has always been an attractive target for cyberattacks, with its complex, distributed IT environments, including a multitude of connected point-of-sale devices, a relatively transient and non-technical workforce, and access to a wide range of personal and financial customer data,” said Chester Wisniewski, principal research scientist at Sophos, in a statement.

Worst Algeria wildfires in decades kill 65

While wildfires are a relatively regular occurrence in Algeria, this week’s were the country’s biggest and deadliest in several decades. President Abdelmadjid Tebboune announced three days of national mourning on Wednesday.French-language TSA Algerie, which visited Kabylie on Wednesday, said the wildfires left a trail of desolation all along the usually lush road linking Tizi Ouzou to Bouira. Several villages were abandoned.

Severe weather events drive global insured cat losses of $ 42 billion in first half of 2021, Swiss Re 

Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, said: “Climate change is one of the biggest risks facing society and the global economy. The recent analysis from the UN’s Intergovernmental Panel on Climate Change confirms expectations of more extreme weather in the future and urgency to act to limit global warming. Working with the public sector, the re/insurance industry plays a key role in helping to strengthen communities’ resilience by steering development away from high-risk areas, making adaptation investments, maintaining insurability of assets and narrowing protection gaps.“

How COVID affects the heart, according to a cardiologist

COVID can also cause abnormal heart rhythms, blood clots in the legs and lungs, and heart failure. Our understanding of how COVID causes heart inflammation and injury to the heart muscle is becoming clearer, though there’s more to learn. Persistent symptoms from the virus, called “long COVID”, have been reported in about 10-30% of people who’ve contracted COVID.

One study on long COVID, published in July, found common cardiovascular symptoms include heart palpitations, fast heart rate, slow heart rate, chest pain, visible bulging veins, and fainting.

GIC Re’s net loss rises 38 % to Rs 771 cr in Jun quarter

GIC Re’s combined ratio, one of the key matrics indicating profitability of any re/insurer, is 123.36% for the quarter ended 30.06.2021 as against 112.16% for the corresponding quarter of the last fiscal ended 30.06.2020.GIC Re’s underwriting loss is Rs 2,811.17 crore for the quarter ended June 30, 2021, compared with Rs 1,771.38 crore for the quarter ended June 2020, it said

Maha July rains: Rs 2,500 cr loss to industrial units in Mahad, Chiplun

Manufactured products, machinery and raw material in industrial estates spread over 2,000 acres in Mahad and New Mahad were severely affected and the loss may be in the range of Rs 2,000 crore, while 50 of the 161 units in Chiplun industrial estate had suffered major damage, he said.

He said the rains had damaged roads and bridges in the industrial area, while water-logging in the MIDC office had soiled some documents, though efforts were on to ensure administration work was not hampered.

Indian Oil plans to install electric vehicle charging facility at 100 outlets in Maharashtra

Ajay Kumar Shrivastav,General Manager (Retail Sales),Indian Oil is planning to install nearly 100 electric vehicle charging facilities across the state by the end of this financial year.

”Five will be installed in the Marathwada region. Wherever needed, the charging guns will be upgraded from 15 KW capacities to 45 KW. If needed we can install a new facility also.”