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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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PM announces Hydrogen Mission, self-reliance in energy by 2047

Hydrogen is produced predominantly through Steam Methane Reforming, or SMR, which utilizes fossils fuels, such as natural gas or coal, and through Proton Exchange Membrane Electrolysis, which splits water into hydrogen and oxygen using a current of electricity.

Currently, all hydrogen consumed in India comes from fossil fuels. By 2050, three-fourth of all hydrogen is projected to be green — produced by renewable electricity and electrolysis.

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India records 36,083 new Covid cases, 493 deaths

A total of 73,50,553 vaccine doses were administered in the last 24 hours. Cumulatively, 54.38 crore COVID-19 vaccine doses have been administered under the nationwide vaccination drive till Sunday morning, the ministry said.A total of 4,31,225 deaths have been reported so far in the country, including 1,34, 909 from Maharashtra, 36,958 from Karnataka, 34,496 from Tamil Nadu, 25,069 from Delhi, 22,783 from Uttar Pradesh, 18,499 from Kerala, and 18,291 from West Bengal.
The health ministry stressed that more than 70 percent of the deaths occurred due to comorbidities.

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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

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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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