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.
Economic activity has regained momentum from late-May after the dent caused by the second wave of COVID-19, and the pandemic's impact on the overall asset quality has been less than expected, Reserve Bank Governor Shaktikanta Das said on Thursday. However, Das flagged rising data breaches and cyber-attacks as among the risks for the recovering economy, along with others like firming global commodity prices. The governor also said the second wave had a "grievous toll" on the country.
India have won three Paris quota places till now through Rudrankksh Patil (10m Air Rifle Men), Swapnil Kusale (50m Rifle 3 Positions Men) and Bhowneesh Mendiratta (Trap Men).
'However, we have seen weakness in our active pharmaceutical ingredients business.'
Will January 22 mark a point of no return for our Constitutional secularism? asks Shekhar Gupta.
Chinese President Xi Jinping has stressed the need for the recruitment of new talent to support the rapid modernisation of the armed forces and win future wars amid reports that the military has committed more resources to enrol 3 lakh personnel for frontline positions.
A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).
Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.
Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was lower when compared to Rs 17,394 crore earnings in the preceding three months ended September 30.
After spending 11 months away from the game, a fit-again Jasprit Bumrah is back hungrier than ever and says he is ready to bowl long spells for India in the Asia Cup and subsequent ODI World Cup at home.
Who do you think should be part of India's playing for Sunday's first ODI against South Africa?
India has a long history of commodity futures trading, dating back to more than 125 years. But futures trading in commodities was interrupted in the mid seventies as the government wanted to usher in an elusive socialistic pattern of society.
Legendary coach Arsene Wenger on Tuesday committed himself to "digging out talent" in India and place the country on world football map.
'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'
'Leo wants to return to Barca and I would also like him to return'
India has a long history of commodity futures trading, dating back to more than 125 years.
'Now that we are a pure-play India business, many investors are open to investing.'
Hindustan Unilever Ltd on Thursday reported a 6.9 per cent rise in consolidated profit after tax at Rs 2,556 crore in the first quarter ended June 30, 2023, riding on a gradual recovery in the FMCG industry despite operating in challenging environment. The company had posted a consolidated net profit of Rs 2,391 crore in the same quarter last fiscal, Hindustan Unilever Ltd said in a regulatory filing. Consolidated total income in the first quarter stood at Rs 15,679 crore as against Rs 14,757 crore in the corresponding period last fiscal.
Edtech major Byju's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one of the sources, Byju's had "over hired" people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do course correction. "There has been no retrenchment as of now.
South Africa wants to infuse fresh blood going into next year's World T20 in Australia.
Prime Minister Narendra Modi assured all possible help to Indian athletes in their endeavour to achieve greater heights and expressed confidence that the country will better its Hangzhou performance in the next edition of the Asian Games.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
'There is a need for an innovation sandbox where the PSBs can collaborate and then they can do their own innovation on top of it.'
Holder said the challenge in the batting friendly Indian conditions would be to get scores of 300-plus consistently.
India's leading fencer C A Bhavani Devi has found a rather interesting way to train amid the ongoing lockdown by s using her kitbag as target practice to be battle ready. The 26-year old trailblazer has given fencing an identity in India and has won laurels at the international level through her hard work and determination.
A new theme song for the INDIA bloc will be released.
Former Chelsea striker Didier Drogba has said he is discussing his future with Major League Soccer team Montreal Impact but that retirement talk was premature. French media reported on Wednesday that the 37-year-old Ivorian was to quit playing and join the coaching staff of Premier League champions Chelsea under interim manager Guus Hiddink. "Lovely to receive these messages but I have not yet announced my retirement and am still in discussion with @impactmontreal about my future," Drogba, who has a contract with Montreal Impact through to December, posted on Twitter.
'Few unfortunate run outs ... but it teaches you that failure is not failure, it's actually a learning. We will take a lot of learning from this and we promised we are going to work hard.'
'The experience and dedication of our boxers make me confident in their abilities to excel at the Asian Games.'
However, Jyothi Yarraji failed to make the cut for the women's 200m final. The Indian had a timing of 23.78s.
How does the Commodity Futures Market operate and how can it help you as an ideal investment opportunity?
Top pistol shooter Ankait Tomar was removed from the Indian contingent bound for the ISSF World Championships in Baku a week before its departure because of a "minor scuffle with a fellow shooter", said his father on Sunday.
'He needs to add that a yard or to his pace if he has to be really successful at this level.'
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R&D.
Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.
Who knows the world record equalling 49th hundred might just happen at the same venue where it all started.
The futures market tends to be quite liquid, and it is harder for traditional traders to control prices.
A good business school will put you through a battery of tests to improve your soft skills, says Dr Tarun Pasricha.
Eating 'tasteless' supplements, undergoing breathing exercises and yoga is not something a teenager would love to do daily but that is the routine of shooter Ramita Jindal who has emerged as a star for India in the Asian Games.
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