Sensex, Nifty end marginally higher as investors await Trump-Putin meet outcome
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
16 minutes ago
- Hindustan Times
How India's demographic profile has changed over last 8 decades
Independent India turns 78 today with an estimated 1.46 billion population compared to just 346 million in 1950. To be sure, it's not just the number of Indians which has changed in the last almost eight decades. The demographic profile of Indians has also changed significantly. Here is how. How India's demographic profile has changed over last 8 decades The median age of an Indian is nine years higher than in 1950 The median age of India's population is estimated at 20 years in 1950 (the earliest estimate from UN's World Population Prospects report) and is 29 years in 2025. In fact, there's more to the change in India's demographics than just ageing. In 1950, each five-year age group had a lower share in population than the preceding five-year group. In other words, children under the age of five were the most populous five-year age group. In 2025, the 20-24 age group is the most populous. It is because of this shift towards the middle that India is said to possess a demographic dividend, where the share of the working-age population is much higher than the children and elderly, both of whom need care. But there are certain dynamics at play here. India's dependency ratio has fallen despite a rising population share of elderly The dependency ratio, which is defined as the population outside the 15-64 age group as a percentage of the 15-64 population, has decreased from 70% in 1950 to 46% in 2025. However, this decline is completely on account of children. The 65 years and older population is now 11% of the 15-64 age group compared to 5% in 1950. How will these trends change in the future? With declining fertility, the ageing of the population is expected to continue. The largest age-group in 2050, for example, is expected to be the 45-49 age group. As expected from this ageing, the dependent population will shift further towards the 65 and older group. This is expected to increase the dependency ratio from 46% in 2025 to 48% in 2050, with slightly less than half of that dependent population coming from the 65 and older group. This is what makes the period from now till 101st Independence Day in 2047 crucial for India's economic fortunes. This demographic sweet spot will not come back. To be sure, despite peaking in absolute terms in 2049, India's working age population will fall below the 2025 number only in 2082.
Time of India
16 minutes ago
- Time of India
DSK Legal enters UAE with Dubai, ADGM offices to strengthen India–MENA corridor play
DSK Legal is expanding its presence in the India-UAE business corridor by opening offices in Dubai and Abu Dhabi Global Market (ADGM). This strategic move aims to serve Indian companies operating in the Gulf and global clients seeking opportunities in India. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Full-service law firm DSK Legal has received regulatory clearance to open offices in Dubai and the Abu Dhabi Global Market (ADGM), in a move aimed at expanding its footprint across the India–UAE business corridor and the wider Middle East and North Africa ( MENA ) move will allow the Mumbai-headquartered firm to serve Indian companies with operations in the Gulf as well as global clients seeking to enter or expand in India, DSK said in a statement. The practice areas will cover projects, real estate, technology, energy, financial services, sports, media and international arbitration.'There has been a clear and growing interest from our clients and other Indian businesses to establish or expand their footprint in the UAE across several sectors,' said Anand Desai, managing partner at DSK Legal. 'With the establishment of our offices in Abu Dhabi and Dubai, we are well-positioned to support Indian companies with operations in the UAE, as well as foreign clients with interests in India.'The offices come as India and the UAE deepen trade and investment ties, following a 2022 free trade agreement that has boosted bilateral Kumar, a legal veteran with nearly 20 years in the UAE and Africa, will be resident partner, while former Jammu & Kashmir and Ladakh High Court chief justice Ali Mohammad Magrey will act as senior this expansion, DSK Legal becomes one of the few Indian law firms to establish a direct presence in two leading global financial and legal hubs of West in 2001, DSK Legal operates from offices in New Delhi, Bengaluru and Pune apart from Mumbai and has grown into a multi-disciplinary practice with over 300 professionals, including 60 partners and associate partners.
&w=3840&q=100)
First Post
16 minutes ago
- First Post
Trump discussed Nobel Peace Prize and tariffs in call with Norway's finance minister: Report
Several countries including Israel, Pakistan and Cambodia have nominated Trump for brokering peace agreements or ceasefires, and he has said he deserves the Norwegian-bestowed accolade that four White House predecessors received. This is an AI generated image for representational purpose. US President Donald Trump called Norway's Finance Minister Jens Stoltenberg unexpectedly last month, raising both trade tariffs and his ambition to secure the Nobel Peace Prize. The conversation, first reported by Norwegian daily Dagens Næringsliv on Thursday, was later confirmed to POLITICO by a government official in Oslo. According to the paper, it was not the first occasion on which Trump had brought up the prize in talks with Stoltenberg. Trump, who has been nominated by countries including Israel, Pakistan and Cambodia for mediating peace deals or ceasefires, has earlier said he deserves the Norwegian-awarded honour, which has gone to four former US presidents. 'Out of the blue, while Finance Minister Jens Stoltenberg was walking down the street in Oslo, Donald Trump called,' Dagens Naeringsliv reported, citing unnamed sources. STORY CONTINUES BELOW THIS AD 'He wanted the Nobel Prize – and to discuss tariffs.' With hundreds of candidates nominated each year, laureates are chosen by the Norwegian Nobel Committee, whose five members are appointed by Norway's parliament according to the will of Swedish 19th century industrialist Alfred Nobel. The announcement comes in October in Oslo. The Norwegian newspaper said it was not the first time Trump had brought up the prize in conversation with Stoltenberg, a former secretary general of the NATO military alliance. It quoted Stoltenberg as saying the call was to discuss trade tariffs and economic cooperation ahead of Trump's call with Norwegian Prime Minister Jonas Stoere. Asked if Trump made the Nobel prize an issue, Stoltenberg said: 'I will not go further into the content of the conversation.' Several White House officials, including US Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer were on the call, Stoltenberg said. The White House on July 31 announced a 15% tariff on imports from Norway, the same as the European Union. Stoltenberg said on Wednesday that Norway and the United States were still in talks regarding the tariffs. With inputs from agencies
