Welcome to My Blog

Here is a masonry blog layout with no sidebar

Half of hospitalised Covid patients have persisting symptoms after a year: Lancet study

“Our study is the largest to date to assess the health outcomes of hospitalised COVID-19 survivors after 12 months of becoming ill,” said Professor Bin Cao, from China-Japan Friendship Hospital.

“While most had made a good recovery, health problems persisted in some patients, especially those who had been critically ill during their hospital stay,” Cao said.

India adds 46,759 new COVID-19 infections, Kerala logs 32,801 cases

India administered more than 10 million vaccine doses in the past 24 hours, a national record that Prime Minister Narendra Modi called a “momentous feat” for the country ahead of fears of another surge in infections. India has administered more than 622 million vaccine doses in total, giving at least one dose to more than half of its 944 million adults.This has been achieved through 67,19,042 sessions. 

Covid-19 not developed as biological weapon: US intelligence community

The Director of National Intelligence in a report, prepared at the direction of the president, on Friday said SARS-CoV-2 probably emerged and infected humans through an initial small-scale exposure that occurred no later than November 2019 with the first known cluster of COVID-19 cases arising in Wuhan, China in December 2019.

However, there was no unanimity among the intelligence community (IC) on the origins of the coronavirus.

Covid-19’s Delta variant doubles hospitalisation risk, finds study

“Our analysis highlights that in the absence of vaccination, any delta outbreaks will impose a greater burden on healthcare than an alpha epidemic,” said Anne Presanis, one of the study’s lead authors and a senior statistician at Cambridge. “Getting fully vaccinated is crucial for reducing an individual’s risk of symptomatic infection with delta.”

Jan Dhan accounts exceed 430 mn in 7 yrs, total deposits over Rs 1.46 trn

This national mission was launched to ensure people have access to financial services, namely, banking, remittance, credit, insurance, pension in an affordable manner.

On the road ahead, the finance ministry said, eligible PMJDY account holders will be sought to be covered under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).

As on August 18, 2021, the number of total PMJDY accounts stood at 430.4 million. Of this, 55.47 per cent (23.87 crore) Jan-Dhan account holders are women and 66.69 per cent (28.70 crore) holders are in rural and semi-urban areas, the finance ministry said in a statement.

Out of total 430.4 million PMJDY accounts, 368.6 million or 85.6 per cent are operative, and the average deposit per account is Rs 3,398, as per the statement.

Increase in average deposit is another indication of increased usage of accounts and inculcation of saving habit among account holders, it said.

Air passenger volumes remain weak in contrast to robust cargo demand: AAPA

More than a year into the pandemic, strict border restrictions and quarantine measures continue to have a devastating impact on international air travel, said Subhas Menon, AAPA Director General.

“By contrast, air cargo remains the single bright spot for the region’s airlines, with strong external demand boosting cargo revenue. However, this remains largely insufficient in mitigating the drastic fall in passenger volumes.” Menon said progress in vaccination rollouts across the region remains slow as many countries still face challenges in procuring supplies and suffer from resource constraints.

HC to hear in Oct appeals of FB, WhatsApp in privacy policy matter

The case relates to the appeals of Facebook and WhatsApp against a single judge order dismissing their pleas against the probe CCI ordered into the instant messaging app’s new privacy policy.
CCI had contended that the new privacy policy of WhatsApp would lead to excessive data collection and “stalking” of consumers for targeted advertising to bring in more users and is therefore an alleged abuse of dominant position.

Climate Change: 80% of South Mumbai will be under water by 2050, Mumbai municipal commissioner

Mumbai municipal commissioner Iqbal Singh Chahal said that Mumbai is the first city in South Asia that is preparing its climate action plan and acting on it.

“Earlier, we used to hear about climate change events like melting glaciers, but not directly affecting us. But now it has come to our doorstep,” he added.

Chahal said that last year for the first time in 129 years, a cyclone (Nisarga) hit Mumbai and thereafter in the last 15 months, there have been three cyclones. After that, on August 5, 2020, about 5 to 5.5 feet water was accumulated at Nariman point.

FDI equity inflows up 168% to $17.57 bn during Q1FY22: Govt data

The data showed that the automobile industry has emerged as the top sector during the period under review with 27 per cent share of the total FDI equity inflows. It was followed by computer software and hardware (17 per cent) and services Sector (11 per cent).

Further, Karnataka is the top recipient state during April-June 2021, with 48 per cent share of the total FDI equity inflows. It was followed by Maharashtra (23 per cent) and Delhi (11 per cent).

Pharma industry to surpass $60 bn by FY24: Report

The report expects this faster growth to be driven by the ability of the domestic industry to leverage the opportunities arising from the expiry of the many patented drugs across the globe, ebbing of regulatory risks, adoption of various de-risk strategies from China dependency for key raw materials, increasing PE investments, and strong fundamentals of the industry.

Govt releases draft of declaration to be given by cos to enable withdrawal of retro tax demands

”The aim of the amendment made by the 2021 Act is to bring tax certainty and ensure that once specified conditions are fulfilled, the pending Income-tax proceedings shall be withdrawn, demand, if any, raised shall be nullified, and amount, if any, collected shall be refunded to the taxpayer without any interest,” the statement said.

Sun Life taps AWS to transform its global digital services

As part of its move to accelerate digital transformation and deliver new client experiences using the cloud, Sun Life built development workspaces in North America and innovation labs in Asia to bring together IT teams and business leaders to innovate with AWS technologies.

In Asia, for example, one of the labs created the Sun Life Secure Experience, which enables Sun Life advisors to collaborate with clients virtually using video conferencing and secure file sharing.

The hybrid work revolution after Covid-19 is already transforming economies

While a more permanent transformation of working life will have painful consequences for many inner-city businesses, economists see a recalibration underway that can revitalize smaller towns and suburbs. New digital tools mean that retail and hospitality — as well as knowledge-intensive industries — are already undergoing far-reaching change.

Working from home around one day a week will boost productivity by 4.8% as the post-Covid economy takes shape, according to a recent study of more than 30,000 U.S. employees co-authored by José María Barrero of Instituto Tecnológico Autónomo de México and others. Much of that one-off increase is projected to come from reduced commuting time, a factor not usually captured by economists.

Microsoft warns thousands of cloud customers of exposed databases

Microsoft told Reuters that “customers who may have been impacted received a notification from us,” without elaborating.

The disclosure comes after months of bad security news for Microsoft. The company was breached by the same suspected Russian government hackers that infiltrated SolarWinds, who stole Microsoft source code. Then a wide number of hackers broke into Exchange email servers while a patch was being developed.