The pharmaceuticals sector is expected to post a revenue growth of around 13.5 per cent and a net profit growth of 30.3 per cent for the third quarter of 2023-24 (FY24), riding on the approval for niche drugs in the US market, fall in raw material prices and correction in shipping rates. In the healthcare segment, hospitals are expected to post revenue growth of 13 per cent during the coverage, while net profit growth would be around 37 per cent, ICICI Securities said in a note. However, the performance may not be comparable on a sequential basis due to the offset of the festive season in Q3FY24, the analysts noted.
Prime Minister Narendra Modi also took a dig at the Congress president Rahul Gandhi, saying some people grow in designation but shrink in stature.
'During the election period, Modi did not refer to the government as 'Government of India'...it used to be called Modi Sarkar, Modi's guarantee. Today that Modi guarantee is no longer there'
'Because of the Impact sub rule, everyone gets one more batsman so they think that they will use the batsman in case the batting unit doesn't go well.'
Among the Sensex firms, State Bank of India, ITC, Nestle, Asian Paints, Tech Mahindra, Mahindra & Mahindra, Tata Consultancy Services and Hindustan Unilever were the major laggards. In contrast, HCL Technologies, Power Grid, Sun Pharma, NTPC, Bajaj Finance and Titan were the gainers.
'...to bring the Global South and others to the negotiating table on the basis of Gandhi's non-violence so that we can leave a safer world for our children.'
The BJP's nationwide vote share saw its steepest decline in Rajasthan, falling by 9.23% from 2019, resulting in the loss of 11 seats.
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
'She is the epitome of resilience, not solely because she is my mother, but because she embodies the resolute spirit of womanhood.'
India has covered enough population with vaccine and infection, but protein vaccines should remain available on payment basis for elderly and those with comorbidities.
'Despite the gossip, the comments, and the questions, I never felt diminished by it.'
'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
With the rush of growth after the pandemic slowing down, many leaders are moving to firms that may be smaller but are growing much faster and have the headroom to grow.
The go-ahead given to prosecute Arundhati Roy would be seen by supporters of freedom of speech as an announcement that the Right-Wing doesn't feel humbled by the results of the elections, argues Shyam G Menon.
'They were as late as June 2023 and they did not follow it up with concrete measures immediately in terms of a secretariat or common minimum programme, working group or seat sharing etc.' 'They continued to have periodic meetings after a gap of weeks where they had tasty dinner and coffee, but beside that they did nothing else.'
In reflection of their growing congruence in areas of defence and security, the two sides, following the Modi-Mitsotakis talks, agreed to set up an institutional dialogue at the level of national security advisors, and boost defence industrial cooperation.
Sources in both the BJP and the Janata Dal-United suggested such a possibility but it remained unclear if Kumar, the unquestioned leader of his party, has finalised a deal with the BJP top brass.
Fitch Ratings on Friday said it has revised the outlook on India's sovereign rating to 'stable' from 'negative' as downside risks to medium-term growth have diminished on rapid economic recovery. Fitch Ratings kept the rating unchanged at 'BBB-'.
'The Congress is trying to reinvent itself -- the caste census demand, OBC emphasis, the anti-corporate thrust, especially on Adani etc -- all this is not standard Congress strategy.'
'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are still a considerable distance from being overstretched.'
Seen by political watchers as the favourite to retain power for a third straight term, the Bharatiya Janata Party has set itself an ambitious target of winning 370 Lok Sabha seats, a goal aimed as much at projecting its strength as at diminishing the opposition in popular imagination.
Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.
'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'
Manoj Tiwary, who made a century against the West Indies in Chennai in 2011, was dropped for the next 14 matches under Mahendra Singh Dhoni.
Pronouncing the judgement, Justice Khanna said the court has rejected all the petitions, including those seeking resorting back to ballot papers in elections.
Jayawardene credited MI and New Zealand's bowling coach Shane Bond for perfectly planning and executing India's downfall in the last match.
'The decrease in the popularity of white cars and the rise in preference for darker colours like black, grey, and blue over the past three years reflect changing consumer attitudes.'
'The people of Gujarat understood this a long time ago and has since been rejecting the party and its programmes.'
Union Home Minister Amit Shah himself sounded more open to such a possibility in a recent interview.
'If one looks at it closely, this reflects the BJP's frustration and its fear of defeat'
In the coming days, unless Modi tones down the communal spiel, it will be clear that anxiety continues to drive his mind and clouds his judgment, observes Modi biographer Nilanjan Mukhopadhyay.
During a recreational event organised by the JSW Foundation as part of Independence Day celebrations, Pant faced a few deliveries in a game at a sports facility near Bengaluru on August 15.
'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?''
'It makes sense to have gold in one's portfolio keeping the political and economic risks of 2024 in mind.'
The talent is in plenty in this squad and if this machine runs smoothly, a sixth IPL trophy will be at touching distance for Thala and Co.
It's great to win election after election on the strength of Modi's charisma and voter appeal, but the larger the Modi myth grows, the more the BJP diminishes, notes Saisuresh Sivaswamy.
Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle. About 200 stocks, which account for more than 80 per cent of India's market capitalisation, will be settled on a next-day basis, with effect from January 27. This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
Automobile retail sales in India rose by 9 per cent in August aided by sales growth in all segments, including passenger vehicles and two wheelers, dealers' body FADA said on Tuesday. The total retail sales across segments rose to 18,18,647 units last month, up 9 per cent, from 16,74,162 units in August 2022. Passenger vehicle registrations increased by 7 per cent to 315,153 units last month from 295,842 units in August 2022.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances