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  • India’s Elderly Population To Surge To 319 Million By 2050, Urging Unified Action: Experts

    India’s Elderly Population To Surge To 319 Million By 2050, Urging Unified Action: Experts


    The elderly population currently stands at about 104 million in India which is projected to rise to 319 million by 2050, calling for a unified action to address healthcare challenges, experts said on Friday. 

    Healthy ageing is about fostering physical, mental, and social well-being in order to enable people to live long, healthy, and fulfilling lives.

    Experts said that the government has been addressing this subject through laudable initiatives but over the years, major issues around elderly healthcare have emerged.

    “In order to enable older persons to preserve their independence, remain active, and participate completely in their communities throughout their lives, supporting surroundings and policies are needed,” said Anil Rajput, Chairperson, Assocham National Council on CSR, which is the social arm of the industry chamber, during a panel discussion here.

    Globally, ageing is one of the 21st century’s most significant social challenges.

    In India, with a three-fold increase in elderly population expected over the next two-and-a-half decades and geriatric care still being a relatively new area in healthcare and mainly restricted to cities, “I believe that empowerment of the elderly necessitates active and sustained participation from the corporate sector, civil society, and the government,” said Rajput.

    According to Padma Shri Professor (Dr) Subhash Manchanda, cardiologist, Sir Ganga Ram Hospital, yoga has the potential to control the common diseases among the elderly, like heart disease, high BP, diabetes and joint problems.

    “Scientific studies show that yoga can delay brain damage and even may be anti-aging. Hence it is suggested that yoga is a perfect technique for healthy and graceful aging,” he suggested.

    Professor Vinod Kumar, senior consultant in medicine and former head of Geriatric Clinic, All India Institute of Medical Sciences, a man’s dream of graceful healthy aging and a happy old age is achievable through balanced diet without addictions, physical exercise, sound sleep, peace and relaxation, as well as by engaging in active mental, social and spiritual engagement.



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  • India’s retail inflation eases further in May; here’s what experts say – Times of India

    India’s retail inflation eases further in May; here’s what experts say – Times of India



    NEW DELHI: India’s retail inflation rate softens marginally in May, continuing its moderation trend, though food prices continue to remain a pain point for the policymakers.
    Government data showed on Wednesday that retail inflation for meat and fish, egg, milk and products, vegetables, pulses and products, and sugar rose month-on-month. It, however, declined for spices and fruits to an extent.
    Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 per cent in April.The retail inflation or Consumer Price Index, in December last year was 5.7 per cent, and since has been moderating.
    The retail inflation in India is in RBI‘s 2-6 per cent comfort level but is above the ideal 4 per cent scenario.
    Inflation has been a concern for many countries, including advanced economies, but India has largely managed to steer its inflation trajectory quite well.
    The latest eased month-on-month retail inflation comes on the heels of RBI having maintained the status quo in the repo rate for the eighth straight occasion.
    Following are some of the excerpts of views from analysts and experts on the May retail inflation numbers:
    RajSinha, Chief Economist, CareEdge:
    Looking ahead, a favourable base effect is expected to persist until July 2024, helping absorb potential upward risks to price pressures to a certain extent. For FY25, we expect inflation to average 4.8 per cent. If food inflation moderates, we expect the RBI to cut the policy interest rate by a shallow 50 bps in two tranches in the second half of the fiscal year.
    VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services:
    The decline in CPI inflation declining to 4.75 per cent in May indicates that the process of disinflation in India is happening in a phased manner. The decline in core inflation to 3.1 per cent is good news for the MPC. This paves the way for rate cut by the RBI earlier than expected if the Fed also turns dovish.
    From the stock market perspective this is good news which can further strengthen the bullish trend being witnessed in the market now.
    Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry:
    The government’s proactive measures to strengthen supply chains are contributing to the lowering of inflation in many items. Going forward, an increase in kharif production, backed by projection of above-normal southwest monsoon, is expected to contribute to further easing of the CPI inflation.
    Dipti Deshpande, Principal Economist, CRISIL:
    From June, we expect some softening as a supportive base will help bring down food inflation. Further easing will depend on the distribution of rainfall. For this fiscal, we expect inflation to average 4.5 per cent — assuming softer food and benign non-food inflation.
    Sunil Kumar Sinha (Senior Director and Principal Economist) and Paras Jasrai, Senior Analyst, India Ratings and Research:
    Despite some moderation in headline inflation, the fight on inflation front is far from over as food inflation continues to high and if nor checked it can give rise to a wage-price spiral. 42.6 per cent of the total commodities in the CPI basket still have an inflation above 4 per cent. India Ratings and Research believe that the central bank would continue to maintain a status quo on policy rates and stance till 2HFY25.





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  • Five changes in skin that indicate vitamin D deficiency in humans – SUCH TV

    Five changes in skin that indicate vitamin D deficiency in humans – SUCH TV



    Doctors and experts have often emphasised the importance of Vitamin D for maintaining a healthy human body. They have revealed that a deficit in vitamin D can lead to various health issues.

    These health issues include poor bone health, mood swings, muscle cramps, slow wound healing and hair loss.

    Vitamin D deficiency is common, with 79% of men and 75% of women suffering from it, which makes it crucial to address. But how does one know if they lack vitamin D?

    Here are five changes in the skin that can indicate a vitamin D deficiency.

    Pale or dry skin

    Vitamin D is essential for the proper functioning of melanocytes, the cells responsible for producing skin pigment. This indicates that an insufficient level of vitamin D can further lead to frequent acne breakouts or random paleness on the skin.

    These changes in skin colouration serve as an outward manifestation of an internal imbalance.

    Vitamin D deficiency can also lead to red, dry, and itchy skin

    Excessive hair loss

    Vitamin D is crucial for hair growth and is directly related to keratinocytes.

    Low levels can lead to hair loss due to insufficient supply of these cells, which stimulate hair follicles. Research indicates that most women suffering from hair loss also suffer from vitamin D deficiency.

    Excessive sweating on forehead

    Experts have said that excessive sweating can indicate vitamin D deficiency, a condition influenced by genetics and environmental factors.

    Studies show a correlation between low vitamin D levels and increased sweating, as inadequate levels disrupt the nervous system’s balance, leading to excessive sweating.

    Fast ageing skin

    Deficiency in Vitamin D can make your skin age faster. Different changes in the functioning of the body due to vitamin D deficiency contribute to premature ageing.

    Additionally, ageing also affects the ability of your body to produce vitamin D.

    Eczema flare-ups

    Eczema flare-ups may also be exacerbated by vitamin D deficiency, which regulates the immune response and may alleviate symptoms.

    Maintaining optimal vitamin D levels can help manage eczema and reduce flare-up frequency and intensity.

    If you suffer from persistent eczema, considering your vitamin D levels and taking appropriate measures may provide relief.

    Famously, known as the “sunshine vitamin”, vitamin D is produced by human skin when exposed to sunlight. It is essential to spend time outdoors, especially in the midday sun, for 10 to 30 minutes per week to maintain the required levels.

    While traditional supplements also help, they may take time to show effects and may not always be effective.



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  • Experts Explain if a Minor Has to File Income Tax Returns

    Experts Explain if a Minor Has to File Income Tax Returns


    Last Updated: February 11, 2023, 17:19 IST

    This article examines the ITR filing and taxation regulations for minors/children under the age of 18.

    According to tax experts, young people, who have a source of income, including kid influencers, are required to pay taxes on their income just like any other worker.

    When it comes to submitting an Income Tax Return (ITR), age is not a defence. Only tax payers are aware that teens and children must also file tax returns and pay taxes if they get any income. There are, however, some restrictions and exceptions. More than 4800 juveniles under the age of 18 submitted ITR in FY 2022–23 through January 31st, 2023. This article examines the ITR filing and taxation regulations for minors/children under the age of 18.

    According to tax experts, young people, including kid influencers, with a source of income are required to pay taxes on their income just like any other worker.

    Abhishek Soni, co-founder, and CEO of Tax2win, a Fisdom company, states that minors who are under the age of 18 and have money in the form of earned or unearned income or who engage in certain transactions (subject to certain restrictions) are required to pay taxes.

    According to income tax regulations, people under the age of 18 are deemed minors and are subject to a different tax rate. Sujit Bangar, the founder of Taxbuddy, says that minors are not needed to submit their own tax returns, and their income is combined with that of their parents or legal guardians.

    Children and minors may be liable for taxes under the following circumstances:

    Earned money: When kids make money using their specific skills, such as by taking first place in a competition or tournament. The salary amount is also included in this money.

    Unearned income: Amounts that a minor receives as gifts from family members, grandparents, or through investments their parents made in their names, as opposed to amounts that they directly earn.

    Any sum a minor gets must be included in the parent’s income in accordance with Section 64(1A) of the Income Tax Act. The term “clubbing of Income” refers to this. Therefore, taxes on such income will be paid in the same manner as taxes on the income of the parent.

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