64-yr-old woman becomes oldest mother in China to deliver baby

December 30, 2016

Beijing, Dec 30: A 64-year-old woman in China is believed to have become the oldest mother in the country to give birth to a baby.

The mother, who has not been identified, delivered a boy weighing 3.7 kgs through cesarean section at a hospital in Jilin province, official media here reported.

ChinaShe conceived the baby after receiving in vitro fertilisation abroad.

Photos uploaded to social media yesterday showed the woman in a delivery room and a nurse holding a newborn.

The woman and her husband declined to be interviewed, but people close to the family said the couple decided to have the baby after losing their first child, state-run China Daily reported.

Teng Hong, a doctor who helped with the delivery, said the mother went through menopause about a decade ago.

She was able to conceive after undergoing in vitro fertilisation overseas.

Due to her age, the woman faced a lot of health risks during pregnancy, including gestational diabetes and internal bleeding, Teng said.

"But she's very strong. She received treatment with an optimistic attitude and overcame all the difficulties to gave birth," Teng said.

She said the baby is in good condition. As the woman is no longer able to lactate, the child is being fed baby formula.

"We're keeping a close eye on the mother because women of this age can encounter cardiac failure and uncontrollable bleeding during or after a C-section, which are very dangerous," Teng said.

In recent years, China has seen several cases of older women having children.

Although there is no official data, including who is the oldest, anecdotal evidence suggests most of the older women had another baby after they lost their first child.

Teng said she had a patient who gave birth two years ago at age 53 after losing a child, while in July, a 61-year-old gave birth after her only daughter died of disease at 30.

It is a risky decision to have a child so late, but also a brave and understandable one, the doctor said.

"The successful delivery on Wednesday will bring hope to others like her, letting them know that they can also have babies and find happiness again with the help of assisted reproductive technology," Teng said.

In a bid to shore up the numbers of the younger population,China this year has ended the three decades old one-child policy and replaced it with two-child as the demographic crisis deepened with sharp rise in the population ofoldagepopulation.

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Agencies
February 26,2020

New Delhi, Feb 26: With the government pushing for the disinvestment of Air India, industrial conglomerate Adani Group may emerge as one of the bidders for the debt-laden national carrier, sources said.

According to highly placed sources, the Group has held internal rounds of deliberations on whether or not to submit an Expression of Interest (EoI) and the discussions are still in the preliminary stage.

If the company actually submits an EoI, it would be a major move towards further diversification of the company which has business interests across sectors right from edible oil, food to mining and minerals. 

It also entered into airport operations and maintenance business and won bids for privatisation of six airports, Ahmedabad, Lucknow, Jaipur, Guwahati, Thiruvananthapuram and Mangaluru in 2019. 

On being contacted by IANS, the company did not comment on the matter.

Air India is one of the most important divestment proposals for the current fiscal to reach the huge Rs 2.1 lakh crore target.

The government in January restarted the divestment process of the airline and invited bids for selling 100 per cent of its equity in the state-owned airline, including Air India's 100 per cent shareholding in AI Express Ltd. and 50 per cent in Air India SATS Airport Services Private Ltd.

After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. In 2018, it had offered to sell its 76 per cent stake in the airline.

Of the total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286 crore.

Air India, along with its subsidiary Air India Express, has a total operational fleet of 146 aeroplanes.

Further, the disinvestment department has extended the last date for submission of written queries on the Performance Information Memorandum and Share Purchase Agreement to March 6.

The last date for submission of written queries on PIM and SPA was originally set for February 11, following which the Department of Investment and Public Asset Management (DIPAM) on February 21 issued 20 clarifications on the queries raised and expected.

Any delay in the tentatively rolled out timeline would also delay DIPAM's plan to identify the pre-qualified bidders by March 31 and the financial bids invitation as well. It is expected to take more than two months after the selection of the pre-qualified bidders to complete Air India's sale.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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Agencies
June 12,2020

New Delhi, Jun 12: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks.

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

"Then how can interest of these 3 months be added?" the apex bench asked. Mehta replied: "I need to sit down with the RBI officials and have a meeting."

SBI's counsel, senior advocate Mukul Rohatgi, intervened during the proceedings and said "all banks are of the view that interest cannot be waived for a six month EMI moratorium period".

"We need to discuss it with the RBI," insisted Rohatgi.

Justice Bhushan then asked Mehta to convene a meeting of the RBI and Finance Ministry officials over the weekend, and listed the matter for further hearing on June 17.

The top court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

After the RBI said the waiver of interest charges on EMIs during moratorium will lead to loss of 1 per cent of the nation's GDP, the top court had earlier asked the Finance Ministry to reply, whether the interest could be waived or it would continue during the moratorium period.

The top court said these are not normal times, and it is a serious issue, as on one hand moratorium is granted and then, the interest is charged on loans during this period.

"There are two issues in this (matter). No interest during the moratorium period and no interest on interest," said Justice Bhushan. The observation from the bench came on a petition by Gajendra Sharma, in which he sought a direction to declare portion of the RBI's March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.

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