22, Feb 2024
Malaka Spice Partners with Countertop and Diageo for Charity Fundraiser

In a philanthropic collaboration, Malaka Spice and Countertop, in partnership with Diageo, is set to host a fundraising event for the Live Life Love Life Charity Foundation on Sunday, 25th February. The initiative aims to raise funds for cancer treatment, particularly for financially disadvantaged individuals, with a special focus on women.

 Malaka Spice Bartakeover (1)

Guests are encouraged to contribute by indulging in specially crafted cocktails by the skilled mixologists Mac and Akshit of Countertop. All proceeds from the sale of these beverages will be directly channeled towards the Live Life Love Life Charity Foundation.

Founded in 2013 by Praful Chandawarkar and Suraj Repe, the Live Life Love Life Charity Foundation not only provides financial aid but also conducts cancer screening camps in rural India for early detection. The foundation is dedicated to offering palliative treatment and support to those affected by cancer.

Not just this, one rupee for every recipe that is ordered from the menu will be donated to the Live Life Love Life Charity Foundation.

22, Feb 2024
Malaka Spice Partners with Countertop and Diageo for Charity Fundraiser

In a philanthropic collaboration, Malaka Spice and Countertop, in partnership with Diageo, is set to host a fundraising event for the Live Life Love Life Charity Foundation on Sunday, 25th February. The initiative aims to raise funds for cancer treatment, particularly for financially disadvantaged individuals, with a special focus on women.

 Malaka Spice Bartakeover (1)

Guests are encouraged to contribute by indulging in specially crafted cocktails by the skilled mixologists Mac and Akshit of Countertop. All proceeds from the sale of these beverages will be directly channeled towards the Live Life Love Life Charity Foundation.

Founded in 2013 by Praful Chandawarkar and Suraj Repe, the Live Life Love Life Charity Foundation not only provides financial aid but also conducts cancer screening camps in rural India for early detection. The foundation is dedicated to offering palliative treatment and support to those affected by cancer.

Not just this, one rupee for every recipe that is ordered from the menu will be donated to the Live Life Love Life Charity Foundation.

22, Feb 2024
Diabetes Surgery Successfully Performed on A 41-year-old Woman with Uncontrolled Diabetes

Mumbai: A team headed by Dr Ramen Goel, Consultant Diabetes and metabolic surgeon, Wockhardt Hospitals, Mira Road achieved a breakthrough by successfully conducting a diabetes surgery on a 41-year-old woman who has been battling uncontrolled diabetes for over a decade. The patient also suffered from other health issues like high blood pressure, high cholesterol, and thyroid problems, which greatly affected her overall well-being. This surgical intervention has been gaining traction for the last 1 year and significantly reduces the chances of developing complications associated with diabetes, such as diabetic retinopathy, brain stroke, kidney disease, and cardiac and nerve problems, all of which contribute to higher mortality rates in our country. Remarkably, this surgery improves blood sugar levels, and aids quick recovery and the patient has now completely stopped taking diabetes medication and has seamlessly resumed her daily activities.

dibetics

Patient Mrs Kavita Mahesh, a 41-year-old resident of Mira Road, weighing 84.5 kgs had uncontrolled diabetes for 10 years besides high blood pressure, high cholesterol, and thyroid. Additionally, her father has kidney problems. Despite taking the medication regularly, her blood sugar levels remain uncontrolled. In November, the patient approached Wockhardt Hospitals, Mira Road, and sought assistance due to her inability to control her blood sugar levels and the presence of high cholesterol.

Dr. Ramen Goel, Consultant Diabetes and Metabolic Surgeon, Wockhardt Hospitals Mira Road said, “The prevalence of diabetes mellitus is rapidly growing, affecting a staggering number of people in the country. Despite extensive awareness campaigns and lifestyle modifications, over 77% of people with diabetes, have failed to achieve proper control over their condition (indicated by HbA1c levels above 7). As a result, patients with uncontrolled diabetes face an increased risk of developing macrovascular complications such as cardiovascular diseases (including heart attacks) and brain strokes, as well as microvascular complications like peripheral neuropathy and nephropathy. The impact of this disease extends beyond a reduced lifespan, with an estimated millions of lives in India being lost due to direct causes related to diabetes. Hence, diabetes surgery can be a boon for patients with high HBA1c levels that help to regularise average blood sugar levels within 2-3 months.”

“Diabetes surgery is a laparoscopic gastrointestinal procedure that reroutes the stomach and the intestines. In India, gastric bypass and sleeve gastrectomy are commonly performed metabolic surgeries. While these surgeries were originally intended for weight loss, they can now be offered to patients with a BMI of 27.5 who have uncontrolled diabetes. The surgeries work by changing gut hormones, and gut bacteria, and limiting food intake, resulting in improved insulin sensitivity, increased insulin secretion, and better glycemic control. Its purpose was to redirect food to the latter part of the intestine, which secretes a hormone called GLP-1. This hormone reduces insulin resistance and stimulates increased insulin production from the pancreas. The surgery was done on February 6th, and the patient was discharged on February, 9. The surgical procedure typically takes around one hour, and patients are allowed to drink water and walk within 6-8 hours after surgery. She is completely off diabetes medicines 1 week after discharge and her HAB1C levels have already dropped by 10% The recovery process after metabolic surgery is relatively quick and the blood sugar levels start improving within the first two days after surgery. In most cases, injectable insulin can be discontinued within 2-7 days post-surgery,” said Dr Goel.

Individuals who undergo diabetes surgery experience glycemic resolution, and their blood sugar levels return to normal, and most no longer require medication. “Most patients continue to be free from diabetes medication even a decade after the surgery. This sustained maintenance of normal blood sugar levels has a remarkable impact on reducing complications associated with diabetes. After diabetes surgery, there is a reduction in diabetic retinopathy (eye problems), diabetic kidney disease, and diabetic nerve problems. There is also a decrease in diabetes-related heart attacks and deaths. The achievement of glycemic control and the avoidance of complications are crucial factors in managing diabetes effectively,” underscored Dr Ramen Goel.

Wockhardt Hospitals, Mira Road has taken a pioneering step by introducing metabolic surgery in North Mumbai. This innovative procedure goes beyond traditional weight loss surgeries, as it is specifically designed to treat diseases such as diabetes and hypertension and transform lives for the better. This commitment to improving patients’ overall health reflects the Hospital’s dedication to providing holistic healthcare solutions that go beyond mere symptomatic treatment; highlighted Dr. Pankaj Dhamija, Centre Head, Wockhardt Hospitals, Mira Road.

“Dr Goel transformed my life by performing the surgery which not only improved my blood sugar levels but also hopefully saved me from dangerous complications. Before the surgery, I was constantly battling high blood sugar levels despite multiple medications and strict dietary control. It felt like an endless cycle of frustration and despair. Dr. Goel’s expertise in diabetes surgery offered a glimmer of hope for a better future. It not only drastically reduced my blood sugar levels but also provided me with newfound freedom and peace of mind. My quality of life has significantly improved and I now enjoy activities that were once lost to chronic fatigue due to uncontrolled diabetes. He explained how reducing excess weight through metabolic surgery can lead to improvements in blood pressure, cholesterol levels, and overall cardiovascular health by reducing the risk of complications. I am forever indebted to Dr Goel and his team,” concluded the patient Mrs Kavita Mahesh

22, Feb 2024
New genetic therapy could be a gamechanger for Motor Neurone Disease and frontotemporal dementia

New Delhi, 22 February 2024: Macquarie University neuroscientists have developed a single-dose genetic medicine that has been proven to halt the progression of both motor neurone disease (MND) and frontotemporal dementia (FTD) in mice – and may even offer the potential to reverse some of the effects of the fatal diseases.

macqurine university

It may also hold opportunities for treating more common forms of dementia, such as Alzheimer’s disease. The new treatment, dubbed CTx1000, targets pathological build-ups of the protein TDP-43 in cells in the brain and spinal cord.

Cells like neurons produce TDP‑43 naturally, and it is important for their healthy function. Under certain conditions, it accumulates in the wrong part of the cells, clogging them and preventing them from working properly. For the past 15 years, a Macquarie University research team led by Professor Lars Ittner has been looking for the causes of this pathological build-up of TDP-43, along with ways to clear the blockages and prevent them from forming in the first place.

The team’s latest findings are published in the prestigious international neuroscience journal, Neuron.

Professor Ittner says their research has furthered their understanding of MND and FTD and their causes.

“We discovered for the first time that where there is pathological TDP-43, there is also an increase in a second protein, 14‑3‑3,” elaborated Professor Ittner.

“The two proteins interact, resulting in these build-ups in the cells. From this, we were able to isolate a short peptide that controls this interaction, and that’s what we used to create CTx1000. When we administered it in the lab, it dissolved the build-ups, tagging TDP-43 proteins for recycling by the body, and prevented new ones from forming. Importantly, CTx1000 targets only pathological TDP-43, allowing the healthy version of the protein to be produced and go about its work unhindered.”

This makes CTx1000 incredibly safe, and Professor Ittner says they have seen no adverse effects in their studies. “We have great hopes that when this progresses to human trials, it will not only stop people from dying from both MND and FTD, but even allow patients to regain some of the lost function through rehabilitation.”

Professor Yazi Ke, lead author of the new paper, says the milestone is particularly exciting for her because the original discovery was made in her early postdoctoral days. “This spans more than a decade of work, and goes from discovery all the way through to a potential treatment,” she says.

“In lab conditions, we saw CTx1000 stop MND and FTD from progressing even at very advanced stages, and resolving the behavioural symptoms associated with FTD. We have great hopes that when this progresses to human trials, it will not only stop people from dying from both MND and FTD, but even allow patients to regain some of the lost function through rehabilitation.”

Research Fellow Dr Annika van Hummel says they covered a variety of mutations in the TDP genes during lab testing.

“We wanted to prove beyond a doubt that this would work in different situations, and it resulted in clear improvements in both symptoms and brain pathology,” she says.

“The fact that it was effective both before and after the onset of symptoms makes it particularly exciting. While we are initially concentrating on MND and FTD, but about 50 per cent of cases of Alzheimer’s also show TDP pathology, so it’s possible that in the future this treatment could be translatable to other neurodegenerative conditions.”

A desperate need for treatment options

Also known as amyotrophic lateral sclerosis (ALS), MND causes the progressive loss of the neurons that allow the brain and spine to communicate with the muscles. In its early stages, patients experience muscle weakness, but as the disease progresses, they gradually lose the ability to walk, speak, swallow and breathe unaided. Most people with MND die within two to five years of diagnosis.

FTD is one of the rarer forms of dementia, but it is the second-most common form in people younger than 65. Actor Bruce Willis was diagnosed with FTD in 2023. It does not always have obvious physical symptoms, but it results in cognitive decline coupled with behavioural symptoms including anxiety, loss of inhibition, personality change and impaired judgment. Patients may live for more than 10 years after diagnosis, but it is ultimately fatal.

While there is a genetic therapy showing promise for one form of familial MND, there are few treatments available for the sporadic MND that makes up 90 per cent of all cases. Of those, the most effective can only extend a patient’s life by up to five months. All require frequent doses, and some come with side effects that are difficult to cope with.

There is currently no treatment for FTD.

Macquarie University Professor of Neurology, Professor Dominic Rowe, is one of Australia’s leading MND clinicians and researchers.

“I am currently treating more than 200 people with MND, but only five of them with a specific type of familial MND are currently able to access genomic therapy,” Professor Rowe says.

“Treatment like that doesn’t exist for anyone else. For most patients, all we can do is provide good quality, multidisciplinary care. This new research is incredibly promising in slowing the progression of MND and FTD for the vast majority of our patients. I’m extremely hopeful that it will soon be available to our patients at the Macquarie University Hospital MND Clinic.”

The team at Macquarie University hopes to be able to begin in-human trials of CTx1000 within two years, and they have already received a pre-clinical grant of $1.2 million from FightMND to assist with the process.

The therapy is one of the key discoveries being championed by Celosia Therapeutics, a Macquarie University spin-out company formed in 2022 to help bring groundbreaking work of the University’s neuroscientists from the lab to patients.

Testing new therapies and bringing them to waiting patients is incredibly expensive – in this case, the cost is an estimated $22 million to get to human trials.

“There is such a desperate need for new drugs for neurodegenerative diseases like MND, and this is an exciting new therapeutic with enormous potential,” Dr Hamdorf says.

“MND is difficult to diagnose because there is no conclusive test. It’s a process of elimination that can take up to 12 or 18 months, by which time, the disease has progressed significantly. We have the potential for CTx1000 to be a one-shot treatment that can help people even at late stages of the disease, then it would quite literally be a light at the end of the tunnel that patients and their families just don’t have now.”

This research was funded by grants from the National Health and Medical Research Council and MND Australia.

Professor Lars Ittner is the Director of the Dementia Research Centre and Professor in the Department of Biomedical Sciences of the Faculty of Medicine, Health and Human Sciences at Macquarie University.

Professor Yazi Ke is the Deputy Director (Operations) of the Dementia Research Centre and Professor in the Department of Biomedical Sciences of the Faculty of Medicine and Health Sciences at Macquarie University.

Dr Annika van Hummel is a Research Fellow at the Macquarie University Dementia Research Centre.

Professor Dominic Rowe is the Foundation Professor of Neurology in the Faculty of Medicine and Health Sciences at Macquarie University, Chairman of Macquarie Neurology, and Consultant Neurologist at Macquarie University Hospital.

22, Feb 2024
EverEnviro adopts EUSUSO – Denmark’s ECOGI Technology across MSW based CBG plants

22nd February, Mumbai: EverEnviro Resource Management Pvt Ltd, India’s leading compressed biogas developer through its associate partner Thermax Bioenergy Solutions Pvt Ltd (TBSPL) has inked an MoU with European Sustainable Solutions ApS (EUSUSO-Denmark). This aims to integrate EUSUSO’s patented Gemidan Ecogi technology in EverEnviro’s upcoming MSW-based CBG plants across India to boost CBG production. The MoU was signed in the presence of Hon’ble Danish Foreign Minister Mr Lars Lokke Rasmussen.

1A

European Sustainable Solutions ApS is a technology leader in waste management, bioenergy, and green fuel production in Europe. The Danish urban municipal waste management handling technology is one of the most advanced in Europe. Gemidan Ecogi technology has shown promising results in Europe by effectively optimizing the pre-treatment phase in CBG plants. this technology ensures careful segregation of organic and inorganic waste components and thereafter converts the organic constituents into bio-pulp that can be directly sent for biogas production.

Mr. Mahesh Girdhar, MD & CEO, EverEnviro said, “This collaboration is a testament to our commitment to build a robust CBG ecosystem for achieving India’s energy needs. Leveraging technology to transform ‘Waste into Wealth significantly contributes towards building a cleaner and sustainable future, while supporting the mitigation of methane emissions through degasification at CBG plants. We are confident that our partnership with EUSUSO-Denmark would help in bolstering CBG production and simultaneously resolving the country’s municipal waste management issues.”

Greenhouse gas methane emissions generated from landfill waste dumps is one of the critical issues of urbanization and landfills in India are reaching capacity, highlighting the pressing need to prevent further waste buildup. This challenge can be navigated by embracing advanced technologies for generating clean fuels, decreasing methane emissions, promoting circularity, creating new employment opportunities, and rejuvenating soil health with fermented organic manure produced as byproducts of CBG production. The new technological overhaul will give a fillip to the Indian government’s GOBARdhan initiative by accelerating the establishment of MSW-based Compressed Bio Gas plants in the country. EverEnviro is already in the process of establishing 8 MSW-based CBG plants across New Delhi, Madhya Pradesh, and Uttar Pradesh.

Mr. Lars Rosgaard, CEO of European Sustainable Solutions (EUSUSO) said, ‘India is the fastest growing major economy in the world and one of the most attractive evolving markets. We endeavor to introduce some of the most unconventional, proven, and reliable Danish technologies here. Our vision goes beyond this milestone to ‘Make this equipment in India’ over the next 2-3 years while also bringing in a solution for handing paddy straws and producing sustainable aviation and shipping fuel. With vast agricultural land and industry, India has a great potential to not only be self-sufficient in the production of green fuels but to export it as well.’

Mr. Deodatta Deshpande, CEO, of Thermax Bioenergy Solutions Private Limited (TBSPL), said, “At TBSPL, we are committed to harnessing cutting-edge technologies that maximize the potential of diverse agro waste and biowaste as clean energy sources. The integration of the European Gemidan Ecogi technology in our upcoming MSW-based CBG plants represents a significant leap towards achieving this goal. This technology will streamline the pre-treatment phase by enhancing the segregation of municipal solid waste and converting it into bio-pulp, thereby optimizing biogas production. We believe that bringing such pioneering sustainable technologies to India will facilitate the energy transition necessary for the country to achieve net zero by 2070. Our aim is to bridge the gap between energy availability and energy sustainability.”

22, Feb 2024
Thyroid Eye Disease: more to it than meets the Eye

Authored by Dr. Saptagirish, HoD Orbit and Oculoplastics, Dean,

Sankara Eye Hospital, Bangalore

Thyroid Eye Disease (TED) is mostly caused by the immune system targeting the muscles and tissues that surround the eyes, which causes irritation and an array of ocular symptoms. In a study conducted over 18 months in 2020, it was found that 34.7% patients with thyroid dysfunction having TED and 4:1 ratio of women to men with TED. With the advancement of AI and technology, it is much easier to diagnose TED and provide much more advanced treatment that will help in the speedy recovery of the patient. People need to be conscious of these indications and get help as soon as possible to prevent them from getting worse. Failure to do so may lead to complications, including potential vision loss.

Key Clinical Features of Thyroid Eye Disease:

Protrusion of Eyes (Proptosis): One prominent indication entails the protrusion or bulging outwards of one or both eyes due to swelling and inflammation affecting the eye muscles along with adjacent tissues.

Double vision: TED can induce restriction of one or more muscles that help rotate the eyes in different directions, thereby leading to double vision medically termed diplopia.

Ocular Discomfort and Pain: Individuals afflicted with TED often experience discomfort accompanied by dull aching pain within their affected eyes coupled with sensations akin to grittiness, irritation and foreign body sensation.

Swelling and Inflammation: Swelling alongside inflammation in tissues surrounding the eyeballs leads to redness, pain and discomfort

Dry eyes: Reduced production of tears, inability to close eye completely and increased visualization of white part of the eye leads to dryness

Cosmetic disfiguration: bulging of one or both eyes, staring look, inability to close eyes completely and eyelid lag can result in unsightly appearance aesthetically displeasing to some individuals.

Systemic manifestations: Weight loss, palpitations, increased heart rate, heat intolerance and generalised apprehension and anxiety should alert one on presence of hyperactive thyroid hormones. Ocular manifestations may precede or follow systemic manifestations in a majority of individuals.

Dietary Considerations

When managing TED closely paying heed towards eating habits emerges as beneficial thus certain considerations worth pondering include:

Foods that should be avoided include processed foods, as they often contain high levels of sodium which can contribute to water retention and worsen eye swelling. Excessive intake of sugary foods should be restricted as it may lead to inflammation in the body. It is always recommended to follow a low-sugar diet to help manage symptoms.

Selenium supplements: Dietary sources like onions, garlic, meat, seafood, shellfish, eggs and cereals or selenium supplements prescribed by a medical practitioner have beneficial effects in controlling symptoms and progression in mild TED due to its antioxidant properties.

Addictions: Smoking and alcohol are substances that have the potential to exacerbate eye discomfort and disrupt sleep patterns associated with Thyroid Eye Disease (TED). Therefore, it is advisable to gradually reduce and stop consumption of these substances altogether.

To take precautions against TED, regular medical check-ups are essential. By scheduling routine appointments with healthcare providers, individuals can monitor their thyroid function and assess the progression of TED more effectively.

Lubricants: The use of lubricating eye drops can also alleviate dryness and increase overall comfort experienced by some individuals.

Adequate sleep plays a significant role in promoting overall well-being while alleviating uncomfortable symptoms such as eye discomfort. It’s important to prioritize quality rest by ensuring sufficient hours of uninterrupted sleep each night.

Furthermore, stress management techniques prove beneficial for managing autoimmune conditions related to TED. Adopting practices like meditation or yoga helps individuals cope better with stressors that could potentially worsen their condition over time.

Understanding Thyroid Eye Disease requires awareness of its symptoms alongside implementing supportive dietary choices and taking the necessary precautions mentioned above. This includes seeking personalized advice from healthcare professionals regarding tailored treatment plans. Finding a balance between medical guidance, and lifestyle modifications allows people affected by this condition, to improve their overall well-being effectively, and successfully manage its impact on ocular health.

• Indian Journal of Ophthalmology: Clinical profile of thyroid eye disease and factors predictive of disease severity

• National Library of Medicine: Selenium supplementation in thyroid associated ophthalmopathy, an update

22, Feb 2024
Viatris Receives Global Minimized Risk of Antimicrobial Resistance Certification

India – February 22, 2024 – Viatris Inc. (NASDAQ: VTRS) a global healthcare company, announced that its Aurangabad, India, facility has received certification from the British Standards Institution (BSI) for meeting a new industry standard on Minimized Risk of Antimicrobial Resistance (AMR).

The standard was facilitated by BSI for the AMR Industry Alliance, an organization made up of over 100 companies and associations from across the life-sciences industry with the shared goal of providing sustainable solutions to curb AMR. The certification is designed to encourage drug manufacturers and those in the supply chain to prioritize the sustainable production of antibiotics.

“We are proud to be the first pharmaceutical site in India to achieve this important Minimized Risk of Antimicrobial Resistance certification from BSI, demonstrating our commitment to controlling antibiotic discharge,” said Sanjeev Sethi, Chief Operations Officer, Viatris. “Many thanks to our cross-functional team members for continuing to implement sustainable systems and processes that advance the responsible manufacturing of antibiotics.”

“Viatris having gained independent certification, and the first to do so in India, is a reflection of their leadership and commitment to tackling global AMR,” said Steve Brooks, Advisor and Manufacturing Work Group Lead, AMR Industry Alliance. “From their initial days with the Alliance, Viatris has been a key contributor to achieving greater results in our shared goal of providing sustainable solutions to curb AMR while being responsible stewards of the environment.”

22, Feb 2024
Viatris Receives Global Minimized Risk of Antimicrobial Resistance Certification

India – February 22, 2024 – Viatris Inc. (NASDAQ: VTRS) a global healthcare company, announced that its Aurangabad, India, facility has received certification from the British Standards Institution (BSI) for meeting a new industry standard on Minimized Risk of Antimicrobial Resistance (AMR).

The standard was facilitated by BSI for the AMR Industry Alliance, an organization made up of over 100 companies and associations from across the life-sciences industry with the shared goal of providing sustainable solutions to curb AMR. The certification is designed to encourage drug manufacturers and those in the supply chain to prioritize the sustainable production of antibiotics.

“We are proud to be the first pharmaceutical site in India to achieve this important Minimized Risk of Antimicrobial Resistance certification from BSI, demonstrating our commitment to controlling antibiotic discharge,” said Sanjeev Sethi, Chief Operations Officer, Viatris. “Many thanks to our cross-functional team members for continuing to implement sustainable systems and processes that advance the responsible manufacturing of antibiotics.”

“Viatris having gained independent certification, and the first to do so in India, is a reflection of their leadership and commitment to tackling global AMR,” said Steve Brooks, Advisor and Manufacturing Work Group Lead, AMR Industry Alliance. “From their initial days with the Alliance, Viatris has been a key contributor to achieving greater results in our shared goal of providing sustainable solutions to curb AMR while being responsible stewards of the environment.”

22, Feb 2024
Uptick In Respiratory, and Cardiac Problems Due To Poor Air Quality In Delhi

Delhi:- As a result of poor air quality, many residents in the capital are experiencing respiratory and cardiac issues. Instances of cardiac arrest, stroke, and gastric problems have risen significantly. It is crucial to refrain from going outdoors during periods of low air quality or to wear a mask as a precaution.

“With levels of particulate matter (PM) reaching hazardous levels, the impact on respiratory and cardiac health is becoming increasingly evident. There is a spike in cases of asthma, bronchitis, and other respiratory illnesses, while individuals with pre-existing heart conditions are experiencing exacerbated symptoms. The high levels of pollutants in the air can lead to inflammation in the lungs and heart, putting individuals at a higher risk for cardiovascular diseases. There has been a notable rise in the number of patients seeking medical care for a variety of health concerns, including respiratory issues like asthma, chronic coughs, colds, viral infections, and abdominal distress. This increase has also been observed in cases related to cardiac conditions. People come with signs and symptoms such as coughing, wheezing, and shortness of breath, which are often exacerbated by pollutants. Children and the elderly population are particularly vulnerable to these effects due to weakened immune systems or respiratory function. Air pollution has been linked to cardiovascular problems such as heart attacks and strokes. last 2 month 200 cases spread across all age group, but mainly old age and adults with comorbidities like diabetes and heart disease.” Said Dr Dixit Thakur, Pulmonologist, Apollo Spectra Delhi, Chirag Enclave.

Dr Thakur Added, “ The high levels of pollutants in the air have been linked to respiratory issues such as asthma, chronic obstructive pulmonary disease (COPD), and bronchitis, as well as an increase in cardiovascular diseases. The presence of smog can cause direct irritation to the lungs and throat, especially impacting individuals with pre-existing respiratory issues. Common issues include upper respiratory problems such as nasal congestion, coughing, wheezing, difficulty breathing, and a sore throat. Individuals may also experience chest discomfort and fever. However, the majority of these symptoms are mild and typically resolve on their own. Urgent action must be taken to address this pressing issue and improve air quality in Delhi for the well-being of its residents.”

Investing in high-quality air purifiers equipped with HEPA filters can significantly improve indoor air quality and help combat the effects of pollution in Delhi. Limit outdoor activities during peak pollution hours, typically early morning and late evening when the pollutant levels are at their highest. Opt for indoor exercises or activities during these times to reduce exposure to toxic air pollutants and protect your respiratory health in the long run. Avoiding venturing out of the house or wearing a mask can help to keep the lungs and heart healthy,” Concluded Dr Thakur.

22, Feb 2024
Quantum Mutual Fund launches Quantum Multi Asset Allocation Fund

Hyderabad, February 22, 2024:  Quantum AMC announced the launch of a new fund offer (NFO) with Quantum Multi Asset Allocation Fund. It opens for subscription on Monday, February 19, and closes on Friday, March 1, 2024. It is an open-ended equity scheme predominantly investing in a diversified portfolio of Equity & Equity Related  Instruments, Debt & Money Market Instruments, and Gold Related Instruments. It will be co-managed by Chirag Mehta – Chief Investment Officer and Pankaj Pathak, Fund Manager -Fixed Income, Quantum AMC.

Paknaj Pathak

The investment objective of the Scheme is to generate long-term capital appreciation/income by investing in a Diversified portfolio of Equity & Equity Related Instruments, Debt & Money Market Instruments, and Gold Related Instruments.

The scheme will be benchmarked against NIFTY 50 TRI (40%) + CRISIL Short Term Bond Fund AII Index (45%) + Domestic Price of Gold (15%).

The scheme will have a Direct and Regular Plan. The Fund managers will allocate Equity & Equity Related Instruments (35-65%), Debt & Money Market Instruments (25-55) and Gold Related Instruments (10-20%). The Fund will predominantly invest in securities of Nifty 50 index and other large-cap stocks for its equity component, sovereign and PSU debt securities across durations for its fixed income allocation and Quantum Gold ETF & Other Gold related instruments for its gold component.

The Investment Strategy:
Portfolio allocation between the equity, debt/ money markets and gold broadly depends on the relative valuations between the asset classes. Relative valuations are determined by evaluation of various influencing factors that include:

 Price/Earnings Ratio relative to historical averages
 The relationship between Earnings Yield to Bond Yield relative to historical averages
 Macroeconomic factors prevailing globally, and within India

Commenting on the fund launch, Mr. Chirag Mehta, Chief Investment Officer, Quantum AMC, said, “The number of investors in mutual funds is increasing rapidly and this fund provides these first-time investors to have a measured approach to equity markets along with diversification from gold and debt, thereby providing a rewarding and relatively smoother investment experience.”

The Co-fund Manager, Mr. Pankaj Pathak, Sr. Fund Manager, Quantum AMC said, “The fund is launched with an intention to provide an option to fixed deposit by potentially providing better returns over the long run. The fund simplifies investment decisions with its one-stop diversified solution that invests across asset classes and enhances tax efficiency through indexation benefits. Investors in the 30% tax slab stand to benefit significantly compared to traditional fixed deposits.”