The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
'The Himalayas are the Creator of Life.'
The lackadaisical approach on part of the management of Oreva company resulting in "one of the most severe and tragic human calamities" cannot be countenanced, the SIT said.
'My grandfather was a poor farmer who fought for democracy and freedom in India and who could have never dreamed that his grandson would have the opportunity to sit before you today and be considered for the position of Surgeon General,' Dr Murthy told a US Senate Committee
The Maharashtra government on Friday told the Bombay high court that the state-run hospitals in Nanded and Chhatrapati Sambhajinagar which recently saw a spurt in patient deaths faced a heavy inflow of extremely critical patients from private hospitals.
'There is one negative thing which has happened very quietly. The position of the election commissioner has been downgraded.'
The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.
According to respective company sources, Biological E is holding 200 million doses of its COVID-19 vaccine Corbevax while Bharat Biotech is sitting on a stockpile of 50 million doses of Covaxin.
'The BJP think they are running an ideology machine in this country, and they have to convert everyone, from people to parties to party leaders.'
Indian Olympic Association (IOA) president P T Usha on Thursday said the grapplers protesting on the streets amounts to indiscipline and is tarnishing the country's image.
Tamil Nadu Governor R N Ravi on Friday re-allocated the portfolios held by arrested state Minister V Senthil Balaji, on the recommendations of Chief Minister M K Stalin but "has not agreed" to the minister continuing in the cabinet, the Raj Bhavan said.
Trade generic drugs (medicines that are sold directly through distributors) are fast becoming a key segment for domestic pharma firms as volume growth slows in the overall market. Big companies like Cipla and Alkem have a significant presence in the segment but recently, players like Torrent Pharmaceuticals and Dr Reddy's Laboratories (DRL) have also entered this market. What is driving big pharma's focus on trade generics? The volume growth in the Indian Pharma Market (IPM) has come down from 5.6 per cent in FY16 to 0.1 per cent in FY23.
'It used to be a big problem to make people understand that one can be equally passionate about dancing as well as acting, and you don't need to choose one to be good at something. Bagging the kind of roles I wanted to do was a struggle.'
The team will assist the state health authorities in instituting public health measures and facilitate operationalisation of requisite control and containment measures, it said.
Besides vice president N A Harris, treasurer Ajay Kipa, all other newly elected executive committee members, and the six eminent footballers co-opted in the committee, except Bhutia, were present in the meeting.
The attempted attack on the ICMR website was prevented by the firewall/security measures of NIC, they said, adding further steps are being taken to enhance cyber security.
Abhijeet Goel and Dr Sansrati Jain tied the knot on the Yug Metaverse to become India's first couple to get married on a Metaverse platform.
The government on Friday appointed Suman K Bery as the vice chairman of Niti Aayog, following the sudden resignation of Rajiv Kumar.
The Indian Junior Women's Hockey Team emerged Champions of the Women's Junior Asia Cup 2023 held in Kakamigahara.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
According to the people aware of the matter, there are currently 10 different variants of COVID-19 in the country, with the latest being BF.7.
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'He killed so many people, doing the kind of horrible things he did, and yet, he believed he was making the right choices.'
Superstar Rajinikanth on Friday underwent a procedure to restore blood supply to brain and he is recovering well, a hospital in Chennai that is treating him said.
Iran and Saudi Arabia have agreed to re-establish diplomatic relations and reopen embassies after talks in Beijing between officials from the two rival Middle East powers, Iranian state media reported on Friday.
Varun, by remaining silent on the BJP action against him but at the same time remaining unperturbed and active, has shown that he is no pushover, observe Sunil Gatade and Venkatesh Kesari.
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
'The prowess with which they executed the shootings unmistakably bear the imprint of someone who has had professional training.'
He however clarified that it is ultimately up to the courts to officially ban a political party.
Food in India has fled the confines of the kitchen and become a national adventure... Food shows, now even on news channels, have transformed restaurateurs from humble khansamas to courted celebrities.
The remarks by the CJI came against the backdrop of the recent remarks by Vice President Jagdeep Dhankhar who questioned the landmark 1973 Kesavananda Bharati case verdict that gave the basic structure doctrine.
After an official meeting with their respective officials in attendance, Kamala and Narendra then moved to the balcony of the Eisenhower Executive Office Building where the leaders had an animated chat.
The elderly population above 60 years of age with comorbidities who are eligible for COVID-19 'precautionary doses' will have to take a medical certificate to take the dose, informed chief executive officer of National Health Authority Dr RS Sharma
Influenced by ads like 'Make money sitting at home', 'Make Rs 10 lakh with just Rs 1,000', to YouTube influencers promoting 'pump-and-dump' stocks, a vast majority of small investors who mushroomed during the COVID-19 period are losing money in reckless overtrading in the market, cautions Dr V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services.
There is nothing exceptional in the plot that will blow your mind away, warns Divya Nair. Yashoda Review
Unlike earlier years, an Indian-American child did not win America's Scripps National Spelling Bee in 2021. 234 spellers, many of them Indian-American kids, will participate in the 2022 Bee, to be held from May 31 to June 2.
Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.
Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.
