News

Pfizer, Gilead, GSK to lead $150 bn infectious diseases mkt by 2029: Report Pharma giants Pfizer, Gilead Sciences, and GSK are expected to collectively generate 62 per cent of total infectious disease drug sales between 2023 and 2029, according to a report on Wednesday. The report by GlobalData, a leading data and analytics company, showed that the infectious diseases market is forecast to grow at a compound annual growth rate (CAGR) of 5.7 per cent between 2023 and 2029 to reach an impressive $150 billion in annual sales in 2029. Despite a 63.8 per cent declin...
Pfizer, Gilead, GSK to lead $150 bn infectious diseases mkt by 2029: Report
Pfizer, Gilead, GSK to lead $150 bn infectious diseases mkt by 2029: Report
Source: IANS
20/07/2023 10:10:33 AM
Xiaomi India completes 9 years, strengthens commitment to further empower lives Xiaomi India, the country's leading smartphone and smart TV brand, on Wednesday said it is immensely proud to celebrate nine successful years in India. As it completed nine years of success, the organisation said it remains dedicated to providing quality learning opportunities, promoting sustainable energy, fostering environmental conservation, and empowering marginalised communities.  Through strategic partnerships, innovative projects, and community engagement, Xiaomi India s...
Xiaomi India completes 9 years, strengthens commitment to further empower lives
Xiaomi India completes 9 years, strengthens commitment to further empower lives
Source: IANS
5/07/2023 3:16:58 PM
Covid pandemic spiked Type 1 diabetes in children, adolescents: Study The incidence of Type 1 diabetes among children and adolescents rose significantly as a result of Covid-19 pandemic, according to a large study. The study, published in the JAMA Network Open, was conducted as a systematic review and meta-analysis of 42 studies including 1,02,984 youths younger than 19 years. The results showed that the incidence rate of Type 1 diabetes was 1.14 times higher in the first year and 1.27 times higher in the second year after the onset of the Covid pandemic ...
Covid pandemic spiked Type 1 diabetes in children, adolescents: Study
Covid pandemic spiked Type 1 diabetes in children, adolescents: Study
Source: IANS
3/07/2023 5:40:21 PM
North Korea`s food prices rise, suggesting supply shortages Food prices in North Korea have increase to higher than the pre-pandemic levels, suggesting supply shortages, a US website monitoring the country has said. The report by 38 North released on Friday added to recent concerns of food shortages in the reclusive country, which has faced economic hardship from sanctions and self-imposed Covid-19 border restrictions, Yonhap News Agency reported on Saturday. "The overall picture suggests that market prices, since the onset of the Covid-19 ...
North Korea`s food prices rise, suggesting supply shortages
North Korea`s food prices rise, suggesting supply shortages
Source: IANS
25/06/2023 12:52:33 PM
Private banks` slippages, write-offs from COVID recast nearly double than that of PSBs India Ratings and Research (Ind-Ra) in its latest report has said that private sector banks' slippages and write-offs from loans restructured after the COVID-19 pandemic are nearly double than that of public sector banks (PSBs). It said private sector banks have seen slippages and loan write-offs at 44 per cent, as against 23 per cent in case of PSBs.  The domestic rating agency analysed annual results of lenders for FY23. It found that the peak of restructured assets in bank book...
Private banks` slippages, write-offs from COVID recast nearly double than that of PSBs
Private banks` slippages, write-offs from COVID recast nearly double than that of PSBs
Source: Reuters
19/06/2023 11:44:57 AM
Kananur Lokesh Rahul helps student pursue his higher education  KL Rahul is not just an Indian sports personality but he also has his heart in the right place. Coming from a small town of Mangalore and understanding the support youngsters need at the start of their career, KL helped a talented young student from Mahalingapura, Karnataka, fulfil his dream of higher education. KL Rahul came forward to support a student named Amrut Mavinkatti by enrolling him for a B.Com course at Hubballi's prestigious KLE College. KL Rahul, who is curren...
Kananur Lokesh Rahul helps student pursue his higher education
Kananur Lokesh Rahul helps student pursue his higher education
Source: IANS
14/06/2023 2:46:03 PM
Common diabetes drug may cut long Covid risk by 40%: Lancet Taking a two-week course of metformin, a safe and affordable diabetes medication, after testing positive for SARS-CoV-2, may lead to 40 per cent fewer long Covid risk, according to a results of trial published in The Lancet Infectious Diseases journal. Currently, there are no proven treatments or ways to prevent long Covid, other than reducing the risk of infection in the first place. The phase 3 trial is the first to show a medication that can reduce the risk of long Covid when taken a...
Common diabetes drug may cut long Covid risk by 40%: Lancet
Common diabetes drug may cut long Covid risk by 40%: Lancet
Source: IANS
10/06/2023 10:06:52 AM
India's SpiceJet to induct 10 aircraft from September 2023 India's SpiceJet will add 10 Boeing 737 aircraft to its fleet between September and October to cater to the growing passenger traffic, the low-cost carrier said on Friday. The planes will include five 737 Max aircraft, the Gurugram-based airline said, without disclosing the list price. As of June 2023, its fleet comprised 91 aircraft, according to the SpiceJet website. It was not immediately clear if the figure included the 25 planes it had grounded. The low-cost carrier is tryin...
India's SpiceJet to induct 10 aircraft from September 2023
India's SpiceJet to induct 10 aircraft from September 2023
Source: Reuters
9/06/2023 2:12:26 PM
Sequoia to separate China, India and Southeast Asia by March 2024 Global venture capital giant Sequoia announced Tuesday that it is planning to separate China and India and Southeast Asia businesses into independent firms. In a statement signed by the firm's managing partners Roelof Botha, China head Neil Shen and India head Shailendra Singh, Sequoia said the China and India and Southeast Asia businesses will become completely independent partnerships and become distinct firms with separate brands no later than March 31, 2024. The firm's US an...
Sequoia to separate China, India and Southeast Asia by March 2024
Sequoia to separate China, India and Southeast Asia by March 2024
Source: Reuters
6/06/2023 5:32:23 PM
Reliance Foundation announces 10-point relief measures for Odisha train accident affected; mobilises disaster management team to aid relief efforts “It is with immense sorrow and a heavy heart that I extend my deepest condolences on behalf of Reliance Foundation to the families who have lost their loved ones in the tragic train accident in Odisha. As soon as we learnt about the accident, our specialized disaster management team was immediately deployed to facilitate the rescue effort on ground. Our team continues to provide round-the-clock aid and assistance to the injured.   While we cannot undo the suffering caused by ...
Reliance Foundation announces 10-point relief measures for Odisha train accident affected; mobilises disaster management team to aid relief efforts
Reliance Foundation announces 10-point relief measures for Odisha train accident affected; mobilises disaster management team to aid relief efforts
Source: PR Agency
6/06/2023 1:59:31 PM
Sri Lankan tourism revenue sees significant increase in May  Sri Lanka's estimated tourism revenue in May saw a remarkable growth of over 200 per cent year-on-year, reaching $131.5 million, according to the latest data from the country's central bank. This impressive increase occurred despite the fact that May is considered an off-peak month for tourist arrivals, Sri Lanka Tourism Development Authority (SLTDA) Chairman Priantha Fernando told the media on Saturday. The estimated revenue from tourism in May 2022 was $43.5 million, dat...
Sri Lankan tourism revenue sees significant increase in May
Sri Lankan tourism revenue sees significant increase in May
Source: IANS
4/06/2023 9:21:45 AM
Building India to build in India  It is sometimes said that if you want to be great, seek out others' problems. Another rendition you might have heard is 'someone else's problem is your opportunity.' Before Covid-19 blew in to dominate our lives, a large part of the world, particularly the West, was (and to an extent still is) dependent on China for manufacturing. With extreme disruptions to global supply chains, heavy reliance on one country for basic medical equipment, pharmaceuticals, and raw mater...
Building India to build in India
Building India to build in India
Source: IANS
26/05/2023 2:01:15 PM
India`s Brigade Enterprises Q4 profit doubles on lower expenses, one-time gain  India's Brigade Enterprises Ltd on Wednesday said fourth-quarter profit more than doubled, aided by lower expenses and a one-time gain in reversing impairment losses during the COVID-19 pandemic. The real estate developer's consolidated net profit rose to 692.5 million rupees ($8.47 million) in the quarter ended March 31 from 324.7 million rupees a year earlier. The company said it had earmarked 170 million rupees as losses related to maintaining property, plant and equipm...
India`s Brigade Enterprises Q4 profit doubles on lower expenses, one-time gain
India`s Brigade Enterprises Q4 profit doubles on lower expenses, one-time gain
Source: Reuters
24/05/2023 5:44:23 PM
Housing Boom - Immune to Higher Interest Rates, Price Hikes? Covid-19, along with its unexpected boost to the housing market, has come and gone - and yet, residential real estate continues to sell at a rapid clip, after many years that saw developers struggling with low demand and mounting inventory. How did this happen? Is this demand sustainable? Is it a bubble that will soon burst? Let's examine. No doubt, the housing sales bull run began during the Covid-19 pandemic, which significantly improved homebuyer sentiment and made housing autono...
Housing Boom - Immune to Higher Interest Rates, Price Hikes?
Housing Boom - Immune to Higher Interest Rates, Price Hikes?
Source: PR Agency
24/05/2023 5:13:35 PM
Public investment in agri-food systems up 22% in 2022: FAO report  Public investment in sustainable agriculture rose by more than a fifth last year, according to the 2022 Annual Review released by the UN Food and Agriculture Organisation (FAO) Investment Centre. The FAO Investment Centre monitors some 45 public investment projects in 32 countries, which it said were worth $8.8 billion in 2022. This was an increase of 22 per cent year-on-year, Xinhua news agency reported. The review said on Tuesday that the centre had made some important achieveme...
Public investment in agri-food systems up 22% in 2022: FAO report
Public investment in agri-food systems up 22% in 2022: FAO report
Source: IANS
24/05/2023 8:57:05 AM
India e-tailing market reached $60 bn in GMV in FY23 The e-tailing market in India reached $60 billion in gross merchandise value (GMV) in FY23, a 22 per cent steady growth, a report showed on Friday. With 210 million annual shoppers, ads monetisation contributed $1.2 billion in revenue for Indian e-tailers in FY23, growing at 37 per cent year-on-year, according to Redseer Strategy Consultants. "Despite losing momentum, e-tailing today is 2.5 times of pre-Covid levels and is performing much better than overall retail consumption, whi...
India e-tailing market reached $60 bn in GMV in FY23
India e-tailing market reached $60 bn in GMV in FY23
Source: IANS
19/05/2023 10:30:53 AM
Dollar firms on optimism over US debt ceiling talks, Aussie down after jobs data The U.S. dollar held near a seven-week peak on Thursday, after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked towards avoiding a damaging debt default, while the Aussie dollar slipped after disappointing jobs data. Biden and McCarthy on Wednesday underscored their determination to strike a deal soon to raise the government's $31.4 trillion debt ceiling, having agreed a day earlier to negotiate directly after a months-long standoff. While the upbeat m...
Dollar firms on optimism over US debt ceiling talks, Aussie down after jobs data
Dollar firms on optimism over US debt ceiling talks, Aussie down after jobs data
Source: Reuters
18/05/2023 9:00:29 AM
Asian stocks follow Wall Street higher amid debt ceiling optimism Asia-Pacific share indexes rallied on Thursday, following Wall Street's lead, and the dollar held just below a two-month high versus the yen amid signs the United States might be close to a deal to raise the debt ceiling and avert a disastrous default. On Wednesday, President Joe Biden and top U.S. congressional Republican Kevin McCarthy underscored their determination to reach an agreement soon, pledging to negotiate directly on a deal amid estimates the Treasury could run out of mone...
Asian stocks follow Wall Street higher amid debt ceiling optimism
Asian stocks follow Wall Street higher amid debt ceiling optimism
Source: Reuters
18/05/2023 8:48:54 AM
Tamil Nadu announces 4% DA hike for government employees Tamil Nadu Chief Minister M.K. Stalin on Wednesday announced a Dearness Allowance (DA) hike of 4 per cent for government employees with retrospective effect from April 1. The announcement will benefit 16 lakh government employees, teachers and pensioners. The hike will cost the exchequer an additional expenditure of Rs 2,366.82 crore. An official statement said that the Stalin-led DMK government lwas implementing promises given to teachers and government employees even though the sta...
Tamil Nadu announces 4% DA hike for government employees
Tamil Nadu announces 4% DA hike for government employees
Source: IANS
17/05/2023 2:01:29 PM
India's Oberoi Realty says Q4 profit more than doubles on soaring demand  Indian real-estate developer Oberoi Realty Ltd said on Tuesday fourth-quarter profit more than doubled, boosted by strong bookings as the demand for housing saw an upswing in the country. The company reported a consolidated net profit of 4.80 billion rupees ($58.69 million) for the quarter ended March 31 from 2.32 billion rupees a year earlier. Oberoi Realty and other developers like DLF Ltd and Godrej Properties ltd saw robust sales and strong project launches during the quarter ...
India's Oberoi Realty says Q4 profit more than doubles on soaring demand
India's Oberoi Realty says Q4 profit more than doubles on soaring demand
Source: Reuters
17/05/2023 9:25:38 AM
G7 plans new vaccine program for developing nations -Yomiuri The Group of Seven (G7) rich nations is set to agree on establishing a new program to distribute vaccines to developing countries at next week's summit of leaders, Japan's Yomiuri newspaper said on Saturday. In addition to the G7, G20 nations such as India and international groups such as the World Health Organization (WHO) and the World Bank will participate, it added, citing Japanese government sources. During the COVID-19 pandemic, the COVAX facility, backed by WHO and the Gl...
G7 plans new vaccine program for developing nations -Yomiuri
G7 plans new vaccine program for developing nations -Yomiuri
Source: Reuters
13/05/2023 9:54:04 AM
India's Dr. Lal PathLabs reports decline in Q4 profit India's Dr. Lal PathLabs Ltd on Thursday reported a sixth consecutive fall in quarterly profit as a continued slide in income from COVID-related testing outpaced growth in its core business. The medical diagnostics firm, India's largest by revenue, posted a consolidated net profit of 567 million rupees ($6.93 million) in the three months to March 31, down from 613 million rupees a year earlier. Earnings margin before interest, taxes, depreciation, and amortisation contracted to ...
India's Dr. Lal PathLabs reports decline in Q4 profit
India's Dr. Lal PathLabs reports decline in Q4 profit
Source: Reuters
11/05/2023 3:56:46 PM
India's P&G Hygiene and Health Care posts drop in Q3 sales on muted demand India's Procter & Gamble Hygiene and Health Care Ltd reported a dip in quarterly sales on Wednesday, as a pandemic-driven demand for healthcare products waned with new COVID cases dropping across the country. The company said sale of its products, ranging from Vicks inhaler to Whisper sanitary napkin, fell about 1% to 8.81 billion rupees ($107.73 million) in the January-March quarter. Sales surge in the comparable quarter a year earlier was Omicron-driven, the company said in an...
India's P&G Hygiene and Health Care posts drop in Q3 sales on muted demand
India's P&G Hygiene and Health Care posts drop in Q3 sales on muted demand
Source: Reuters
11/05/2023 9:14:33 AM
AI helps create better, simpler hepatitis, Covid-19 tests Using Artificial Intelligence (AI) US researchers, including one of Indian origin, have developed a simple test that works for both hepatitis C and Covid-19, and delivers results in just a few minutes. The test was 97 per cent accurate for SARS-CoV-2 and 95 per cent accurate for the most prevalent version of the hepatitis C virus found globally, the researchers reported in the journal Cell Reports Medicine. The simplified test developed by University of Florida scientists currently happ...
AI helps create better, simpler hepatitis, Covid-19 tests
AI helps create better, simpler hepatitis, Covid-19 tests
Source: IANS
9/05/2023 2:12:43 PM
South Korea to lower national crisis level for Covid-19 soon South Korea plans to "swiftly" lower its national crisis level for Covid-19, the head of the country's public health agency said on Saturday, after the WHO declared an end to the virus as a global health emergency earlier this week. The Korea Disease Control and Prevention Agency (KDCA) Commissioner Jee Young-mee made the announcement in a statement, following WHO's move on Friday to end the public health emergency of international concern that had been in place since Jan...
South Korea to lower national crisis level for Covid-19 soon
South Korea to lower national crisis level for Covid-19 soon
Source: IANS
7/05/2023 9:12:20 AM
Shares rise, dollar weakens on bank sector fears Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday, as jittery investors remained nervous about the U.S. banking sector following another rout in shares of regional lenders. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.44% higher and was on course to snap its two-week losing streak. Japan remains shut for holiday, while Australia's S&P/ASX 200 index fell 0.06%. Wall Street ended lower on Thursday after Los Angeles-based...
Shares rise, dollar weakens on bank sector fears
Shares rise, dollar weakens on bank sector fears
Source: Reuters
5/05/2023 8:55:01 AM
`Border Haats` in Tripura along India-Bangladesh border to reopen after 3 yrs After three years of closure, one of the two 'Border Haats' (markets) in Tripura along India-Bangladesh border will resume trading from May 9, officials said on Wednesday. A top official of the Tripura Industries and Commerce Department said that after a recent meeting between the district officials of Feni (Bangladesh) and South Tripura, it was decided to resume the business of the Purba Madhugram (Bangladesh)-Srinagar (South Tripura) 'Border Haats' from May 9. "...
`Border Haats` in Tripura along India-Bangladesh border to reopen after 3 yrs
`Border Haats` in Tripura along India-Bangladesh border to reopen after 3 yrs
Source: IANS
4/05/2023 9:04:32 AM
Vivad Se Vishwas scheme aimed to provide relief to MSMEs comes into force  Government has launched the 'Vivad Se Vishwas I - Relief to MSMEs' scheme, which it had announced in the Union Budget for 2023-24, to provide relief to small and medium enterprises for the Covid-19 period. The scheme commenced from April 17 and the last date for submission of claims under it is June 30, 2023. Finance Minister Nirmala Sitharaman while announcing the scheme during her budget speech on February 1, 2023, had said that in cases of failure by MSMEs to execute co...
Vivad Se Vishwas scheme aimed to provide relief to MSMEs comes into force
Vivad Se Vishwas scheme aimed to provide relief to MSMEs comes into force
Source: IANS
3/05/2023 9:15:42 AM
Gold slips on firmer dollar, spotlight on Fed meeting Gold prices dipped on Monday as the U.S. dollar held firm, with cautious traders awaiting the Federal Reserve's interest rate hike decision later this week. Spot gold was down 0.5% at $1,980.42 per ounce by 0531 GMT. U.S. gold futures fell 0.5% to $1,989.10. The dollar index rose 0.2%, making greenback-priced bullion more expensive for overseas buyers. [USD/] The Federal Open Market Committee (FOMC) will meet on May 2-3, and investors are largely expecting a 25 basis-point intere...
Gold slips on firmer dollar, spotlight on Fed meeting
Gold slips on firmer dollar, spotlight on Fed meeting
Source: Reuters
1/05/2023 1:01:51 PM
Even mild Covid made arteries stiffer, raising cardiovascular risks: Study  Even mild cases of Covid-19 raised arterial stiffness in young adults, increasing long-term detrimental effects on cardiovascular health, according to a study, led by an international team of researchers. Arterial stiffness is a marker associated with the ageing and function of our arteries. It also refers to the reduced ability of arteries to expand and contract in response to changes in blood pressure, and is linked with cardiovascular disease. The study, published in the Journa...
Even mild Covid made arteries stiffer, raising cardiovascular risks: Study
Even mild Covid made arteries stiffer, raising cardiovascular risks: Study
Source: IANS
27/04/2023 2:17:47 PM
Global chip revenue to decline 11% this year, short-term outlook grim Global semiconductor revenue is projected to decline 11.2 per cent to reach $532 billion in 2023, and the short-term outlook for the semiconductor market has deteriorated further, a report showed on Wednesday. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2 per cent from 2021, according to the latest forecast from Gartner. The PC, tablet and smartphone semiconductor markets are stagnating. The combined markets will represent 31 per cent of semiconductor reve...
Global chip revenue to decline 11% this year, short-term outlook grim
Global chip revenue to decline 11% this year, short-term outlook grim
Source: IANS
26/04/2023 4:22:54 PM
World Bank Chief Economist Gill calls for new approaches to address `debt crisis` World Bank Chief Economist Indermit Gill is calling for new approaches to address the mounting debt crisis facing many countries, including steps to factor domestic borrowing into assessment of a country's debt sustainability. Gill told Reuters the Common Framework set up by the Group of 20 major economies to help the poorest countries had resulted in only glacial progress because it did not account for 61% of developing countries' external debt held by private creditors, a far lar...
World Bank Chief Economist Gill calls for new approaches to address `debt crisis`
World Bank Chief Economist Gill calls for new approaches to address `debt crisis`
Source: Reuters
26/04/2023 8:54:41 AM
Methods adopted by Western countries during Covid-19 pandemic caused stress in economy: FM Nirmala Sitharaman The Union finance minister Nirmala Sitharaman has said certain methods used by Western economies during the Covid-19 pandemic caused global economic stress as an after-effect. Sitharaman mentioned ‘Western economies took a certain formula for dealing with the stressed economic situation (that emanated from the Covid-19 outbreak). They had a recipe with which they wanted to attend to their economies.’ According to Sitharaman, many of the Western developed economies adopted that ...
Methods adopted by Western countries during Covid-19 pandemic caused stress in economy: FM Nirmala Sitharaman
Methods adopted by Western countries during Covid-19 pandemic caused stress in economy: FM Nirmala Sitharaman
Source: Accord Fintech
24/04/2023 10:51:19 AM
Covid & Climate change negatively impacted young Indians' mental health  Covid-19 and the climate crisis, which have caused unprecedented disruptions across the world, had a similar negative impact on young Indians' mental health, showed a study by international researchers, including from India, published on Friday in the journal The Lancet Regional Health - Southeast Asia. Climate change affected the mental health and wellbeing of children and adolescents. Young people with a mental illness and without social support are at an increased risk of clim...
Covid & Climate change negatively impacted young Indians' mental health
Covid & Climate change negatively impacted young Indians' mental health
Source: IANS
22/04/2023 12:04:25 PM
Indian road logistics industry to clock high single-digit growth in FY24: ICRA ICRA has said that the Indian road logistics industry is expected to clock a high single-digit growth this fiscal (FY24) on an elevated base of the previous year. It added that the outlook is stable. It also expects the demand momentum to continue in FY24, aided by stable domestic consumption and investment demand. It mentioned the downside risks to the estimates remain from any material tapering of demand due to high inflationary and interest rate regime, the emergence of any further...
Indian road logistics industry to clock high single-digit growth in FY24: ICRA
Indian road logistics industry to clock high single-digit growth in FY24: ICRA
Source: Accord Fintech
18/04/2023 10:11:08 AM
Dollar firm on Fed rate hike view, focus on China data The dollar eased on Tuesday after rallying overnight as strong U.S. economic data reinforced expectations that the Federal reserve will hike interest rates again in May, while investors awaited data from China that will highlight the extent of the recovery of the world's second biggest economy. The dollar index, which measures the currency against six major rivals, fell 0.039% to 102.05, after rising 0.5% overnight. Data on Monday showed confidence among U.S. single-family homebuild...
Dollar firm on Fed rate hike view, focus on China data
Dollar firm on Fed rate hike view, focus on China data
Source: Reuters
18/04/2023 8:57:36 AM
Researchers link disturbed sleep with long Covid breathlessness If you are facing breathless episodes after Covid during the day, also check if you are not able to sleep properly as researchers have now discovered that the disturbed sleep patterns in patients hospitalised with Covid was likely to be a driver of breathlessness. The study of patients in 38 institutions across the UK, led by University of Manchester and Leicester found that 62 per cent of Covid patients had sleep disruption, which was likely to persist for at least 12 months. The study...
Researchers link disturbed sleep with long Covid breathlessness
Researchers link disturbed sleep with long Covid breathlessness
Source: IANS
16/04/2023 5:06:32 PM
Global oil demand on course for a record high  Global demand for oil this year is on track to rise to a record 101.9m barrels per day as China leads an economic surge among developing nations, the world's leading energy body has forecast, a media report said. The International Energy Agency's predicted daily average for 2023 is 2m bpd higher than last year's figure. The price of a barrel of oil rose from $85.62 to $86.10 on Friday morning after the IEA's report was published, The Guardian reported. The agency w...
Global oil demand on course for a record high
Global oil demand on course for a record high
Source: IANS
14/04/2023 5:33:02 PM
Even mild Covid infection can cause sudden hearing loss: Study People who suffer from mild Covid-19 infection could be at risk of sudden deafness and hearing loss, according to a study. Sudden sensorineural hearing loss (SSNHL) -- also known as sudden deafness -- is a little known and poorly understood side effect of Covid-19 that is not even listed as a common symptom by doctors, said Kim Gibson, a fully vaccinated nursing lecturer at the University of South Australia. Gibson, a registered nurse with a clinical background in neonatal intensive car...
Even mild Covid infection can cause sudden hearing loss: Study
Even mild Covid infection can cause sudden hearing loss: Study
Source: IANS
14/04/2023 4:48:20 PM
Italy, IMF predict improvement in debt, deficit Italy's debt and deficit levels are falling, according to new data from the Italian government and the International Monetary Fund (IMF). However, the two authorities hold differing views on the rate of change. The Italian government predicted this week that the country's public debt would fall to 142 per cent of its gross domestic product (GDP) this year, reports Xinhua news agency. Next year, it will decrease further to 141.2 per cent, before falling to 140.4 per cent in 2026,...
Italy, IMF predict improvement in debt, deficit
Italy, IMF predict improvement in debt, deficit
Source: IANS
13/04/2023 5:11:59 PM
India`s SII could resume Covishield shot production as COVID cases rise The Serum Institute of India (SII) could resume production of the Covishield COVID-19 vaccine, a company spokesperson said on Wednesday, as infections rise in the country. The world's biggest vaccine maker already has a stock of 6 million doses of Covovax, a version of a Novavax vaccine, the spokesperson added. Covishield is a version of an AstraZeneca shot.
India`s SII could resume Covishield shot production as COVID cases rise
India`s SII could resume Covishield shot production as COVID cases rise
Source: Reuters
12/04/2023 5:11:50 PM
Role of vitamins and minerals in fighting against viral infections and boosting immunity One of the most difficult eras in human history, Covid-19, arose. Globally, the pandemic caused unprecedented health crises, economic turbulence, and societal unrest. Communities confronted isolation, and healthcare systems were stretched to their breaking point. The quick worldwide effort to create vaccines demonstrated humanity's adaptability, but Covid-19's long-term effects will serve as a stark warning of the importance of being ready. A sharp increase in H3N2 influenza cas...
Role of vitamins and minerals in fighting against viral infections and boosting immunity
Role of vitamins and minerals in fighting against viral infections and boosting immunity
Source: IANS
7/04/2023 11:37:01 AM
WHO turns 75, calls for health equity On the eve of its 75th anniversary, the WHO marked the occasion by calling for a renewed drive for health equity in the face of unprecedented threats. Seventy-five years ago, after years of war, the nations of the world agreed to set up a new organisation and "debated and agreed what this organisation would be and do in a document called the Constitution of the World Health Organisation," the organisation's Director General, Tedros Adhanom Ghebreyesus, recalled at a press bri...
WHO turns 75, calls for health equity
WHO turns 75, calls for health equity
Source: IANS
7/04/2023 10:20:09 AM
Strong structural reforms can help Bangladesh sustain growth: World Bank Bangladesh made a rapid recovery from the Covid-19 pandemic supported by prudent macroeconomic policies, but its economy faces challenges of global economic uncertainty, inflationary pressure, energy shortages, a balance-of-payments deficit, and a revenue shortfall, the World Bank has said in a report. The Bangladesh Development Update titled 'Trade Reform: An Urgent Agenda', said that accelerating the implementation of structural reforms, including trade reforms and export diversi...
Strong structural reforms can help Bangladesh sustain growth: World Bank
Strong structural reforms can help Bangladesh sustain growth: World Bank
Source: IANS
5/04/2023 1:22:30 PM
Sri Lanka`s inflation drops further to 50.3% Sri Lanka's inflation decreased to 50.3 per cent in March from 50.6 per cent the previous month amid the ongoing economic crisis, official statistics revealed. The year-on-year inflation of the food group dropped to 47.6 per cent in March from 54.4 per cent in February, and inflation in the non-food group increased to 51.7 per cent from 48.8 per cent in February, reports Xinhua news agency. Inflation in the country has been dropping in the last few months. Inflation fell to 54.2 ...
Sri Lanka`s inflation drops further to 50.3%
Sri Lanka`s inflation drops further to 50.3%
Source: IANS
2/04/2023 10:38:02 AM
Accelerated implementation of reforms to accelerate India`s growth: World Bank The World Bank in its latest report ‘Falling Long-Term Growth Prospects: Trends, Expectations, and Policies’ has said that India’s potential growth could benefit from accelerated implementation of an already ambitious reform agenda. The report said addressing the aftermath of financial sector distress in India could unlock significant growth. He said India has a less developed financial system than many of its peers, with a heavy state presence. To improve the sector’s...
Accelerated implementation of reforms to accelerate India`s growth: World Bank
Accelerated implementation of reforms to accelerate India`s growth: World Bank
Source: Accord Fintech
31/03/2023 10:20:08 AM
Global financial stability at risk from banking turmoil: IMF chief  International Monetary Fund (IMF) chief Kristalina Georgieva has warned that the global economy faces risks to its financial stability because of the turbulence in the banking sector. Georgieva said rising interest rates had put pressure on debts, leading to "stresses" in leading economies, including among lenders, the Guardian reported. She said the world economy would expand by just 3 per cent in this year as rising borrowing costs, combined with the war in Ukraine and...
Global financial stability at risk from banking turmoil: IMF chief
Global financial stability at risk from banking turmoil: IMF chief
Source: IANS
27/03/2023 12:24:00 PM
Samsung chief visits chip parts manufacturing unit in China Samsung Electronics' Executive Chairman Lee Jae-yong has visited a semiconductor components manufacturing site in China run by a Samsung affiliate, the company said on Sunday, in the first such trip to the neighbouring country in three years. Lee visited the manufacturing facility in Tianjin, operated by Samsung Electro-Mechanics Co and checked the multilayer ceramic capacitors (MLCC) production line, Samsung Electronics said. It marked Lee's first visit to a Samsung plant in Ch...
Samsung chief visits chip parts manufacturing unit in China
Samsung chief visits chip parts manufacturing unit in China
Source: IANS
26/03/2023 3:24:03 PM