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.
The freedom of impending retirement from the Test arena allowed South Africa opener Dean Elgar to produce one of his best innings.
Australia batsman Usman Khawaja has mounted a spirited defence of David Warner.
In a 73-minute battle, Ayush, who hails from Sanoor near Karkala in Karnataka, showed his grit as he recovered from a game down to outwit his Indonesian opponent.
'I thought of a suppressed country and a free world.' 'If we travel from one to another, what will that road look like?' 'What colours, music there will be? What kind of people would you see?'
Dean Elgar scored his 14th Test century to help South Africa to take an 11-run lead with five wickets in hand on Day 2.
The Delhi government on Wednesday said the odd-even car rationing scheme will be implemented in the national capital after the Supreme Court reviews its effectiveness and issues an order.
While many reports suggest it was an honour killing, the police have refused to accept that angle.
Wasteful Napoli held to goalless draw by visiting Monza
Top seven teams at ODI World Cup 2023 will qualify for 2025 ICC Champions Trophy, as per ICC's new rules
Imaad Shah's Tuesday's Women, Haoban Paban Kumar's Iron Women of Manipur, Shivam Singh Rajput's Ladakh 470 and Samman Roy's The Exile are among 10 titles to watch out for at the 17th edition of the Film Bazaar.
Shahvaz, a student of class 8, died on Monday evening when he was being brought back to Ghaziabad from Bulandshahr, where he was taken for treatment after his condition deteriorated, they said.
The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction.
US attorney's office in a statement said that the incident took place on a flight from Honolulu to Boston in May last year.
India's industrial production growth rose to a 14-month high of 10.3 per cent in August, mainly due to good show by the manufacturing, mining and power sectors, according to the official data released on Thursday. The factory output growth measured in terms of the Index of Industrial Production (IIP) had contracted by 0.7 per cent in August 2022. The previous high was recorded at 12.6 per cent growth in June 2022.
The government on Tuesday announced a Rs 200 per cylinder cut in prices of domestic cooking gas as it looked to counter the cheaper LPG promise of the Congress in upcoming assembly elections in states like Madhya Pradesh.
The two were charged with rape and murder and sentenced to death by a lower court in the killings in Nithari, Noida, that horrified the nation with the details of sexual assault, brutal murder and hints of possible cannibalism.
The growth of eight key infrastructure sectors rose to a 14-month high of 12.1 per cent in August 2023 against 4.2 per cent a year ago, mainly due to expansion in production of coal, crude oil, and natural gas, according to the official data released on Friday. The expansion in August is the highest since June 2022, when it was 13.2 per cent. The production of refinery products, steel, cement and electricity also grew in August, the data showed.
Despite high headline numbers, the output of one-third of the segments in the manufacturing sector in August stood below even that in the same month in 2011-12, when the new index of industrial production (IIP) series started. This is despite the fact that manufacturing grew 9.3 per cent in the month, driving up IIP growth to a 14-month high of 10.3 per cent. Part of it is due to the devastation of these product categories by lockdowns induced by Covid waves and subdued export conditions, while part of it needs to be assessed further.
'People till date say Gooch swept us out of the game. But if anyone watches that game, you will see that there were times when he was beaten for turn and the ball missed the stumps by a whisker. There were times he missed some straight balls going for sweep but in the pre-DRS days, you didn't get front-foot LBW in those days.'
At present, a 14.2-kg LPG cylinder in the national capital costs Rs 1,103. It will cost Rs 903 when the Centre's decision is implemented from Wednesday.
Air quality in Delhi and its suburbs dropped to the severe category again on Wednesday morning, with smoke from post-harvest paddy straw burning in neighbouring states accounting for one-third of the air pollution in the national capital.
Bajrangi alias Raj Kumar was arrested from Faridabad on August 15 after a fresh FIR was registered against him at Nuh's Sadar Police Sation on a complaint of Assistant Superintendent of Police Usha Kundu.
Jose Mourinho's side top Group G with a maximum nine points, three clear of second-placed Slavia.
Pakistan left with plenty to ponder following 14-run loss to Australia
IMAGES from the football matches played across Europe on Sunday.
The average ticket size (ATS) of all transactions on United Payments Interface (UPI) in H1 2023 was pegged at Rs 1,604, marking a 10 per cent decline, compared to Rs 1,774 in H1 2022, according to data from Worldline India's Digital Payments Report. The reduction in the overall ATS on UPI is a good sign, suggesting a deeper embedding of UPI as it is being used for smaller or micro-transactions, and the dip is driven by the growth in person-to-merchant (P2M) transactions, the report said. The ATS of P2M transactions dipped 21 per cent from Rs 839 in H1 2022 to Rs 659 in H1 2023.
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.
The 2024 European Championship will be held in Germany from June 14-July 14. Following are the teams who have qualified for the tournament:
Pakistan will begin their campaign in the Asia Cup on Wednesday taking on Nepal
An official of the fire and emergency services department said that 11 fire tenders including one each from Panchkula and Mohali were pressed into service to quickly control the blaze.
Congress general secretary (communications) Jairam Ramesh said three months before the five state elections, where the 'BJP is staring at certain defeat', and six months before the Lok Sabha elections, the BJP is literally clutching at straws.
'The tank battle was fought at ranges of 300-700 metres.' 'It was a rare example of the complete destruction of a squadron by another squadron.'
Extraordinary award-winning photographs from more than 20,000 images from all over the world.
Around 9 pm Friday, some people from the Muslim community lodged a police complaint alleging that a 14-year-old student of Class 9 had made objectionable remarks on their religion on Instagram, Superintendent of Police (Rural) Raj Kumar Aggarwal said.
People who were present at the convention centre told media that the first blast occurred in the middle of a prayer.
Given the politics behind it all, one possibility is for binding the governor to act according to the decisions of the state government and clarifying his position vis a vis bills and resolutions passed by the state assembly -- or, re-enacted if returned, points out N Sathiya Moorthy.
'Unless she joins one of the coalitions, she has a bleak future.' 'The NDA option is suicidal, but INDIA could help her.'
The Opposition INDIA bloc on Friday finalised a 14-member coordination-cum-election strategy committee comprising members of various parties, and it will function as the alliance's highest decision-making body and start work on seat-sharing immediately, sources said.
The liquidity in the banking system could ease in the coming week due to an increase in government spending - a development that would be the key for the Reserve Bank of India (RBI) to decide whether to extend the incremental cash reserve ratio (I-CRR) mandate for banks. There are signs of improvement in the liquidity scenario as banks parked Rs 25, 833 crore with the RBI on Thursday. Market participants expect liquidity to gradually improve by the end of the month or during the first week of September, aided by government spending.
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