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Eco/Invest/Demography

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.

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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.

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Sompo Global Risk Solutions to offer Epidemic and Pandemic protection

Triggered by civil authority restriction resulting from international public health emergencies declared by the World Health Organization, the new Sompo GRS Epidemic and Pandemic Protection Program provides insurance based on a number of available pre-set coverage options including loss of income, extra expense, debt servicing, supply chain disruption and other fixed costs.

In its first year, limited capacity for the program is available to Sompo GRS clients and their captives in the real estate, hospitality, financial services, professional services, technology and life sciences industries, as well as the unit’s Asian-interest accounts.

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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.

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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.

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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.”

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