Rising penetration of trade generic medicines is eating into the value growth of the domestic pharmaceutical market, showed a recent analysis. According to a Kotak Institutional Equities analysis, 70-110 basis points (bps) annual dent is expected from trade generics and Jan Aushadhi on Indian Pharma Market (IPM) growth at least until FY27-28 (see chart). Trade generic medicines are those that are not pushed into the market through doctor promotions.
'AAP lost as it failed to understand the need to serve people selflessly and took the wrong path. Money took the front seat which dented AAP's image, leading to its defeat'
The court observed that the criterion is absolutely arbitrary and outrageous and a clear dent on a woman's dignity and right to privacy guaranteed under Articles 14 and 21 of the Constitution of India.
Gujarat and Himachal Pradesh are set for a high-stakes clash as they battle for the final quarter-final spot from Elite Group B.
From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Tata Motors, IndusInd Bank, Reliance Industries, Larsen & Toubro, UltraTech Cement, HDFC Bank, Adani Ports and Bajaj Finserv were among the major laggards. On the other hand, Hindustan Unilever, Tech Mahindra, Nestle, Bharti Airtel and ICICI Bank were among the gainers.
Even as the two parties appeared confident that they have reached out to every voter and publicised their new symbols, experts suggested varying impact of the split and the symbols on the vote bank.
From the 30-share blue-chip pack, Adani Ports, UltraTech Cement, Larsen & Toubro, Sun Pharma, HDFC Bank, ICICI Bank, NTPC and State Bank of India were the major laggards. Tata Consultancy Services, Reliance Industries, ITC, Asian Paints, HCL Tech and Maruti were among the gainers.
England captain Jos Buttler defended his team's training schedule during their white-ball tour of India.
Allegations of corruption against its leaders, constant bickering with the lieutenant governor over governance issues and a spirited campaign conducted by the Bharatiya Janata Party were enough to ensure a rout of the Aam Aadmi Party in the Delhi assembly polls, the results of which were declared on Saturday.
Yogendra Yadav, a founding member of the Aam Aadmi Party (AAP), believes the party's defeat in the Delhi Assembly polls is a setback for the entire opposition and raises questions about its future. He attributed the loss to factors like the liquor scam, the 'Sheesh Mahal' row, and the constant fights between the Delhi LG and the AAP government.
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
Shahid's heft is the only thing that keeps up the momentum in a mediocre rehash, dumbed down by flimsy motive and mindless bravado, sighs Sukanya Verma.
While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
The BJP coined a new word for AAP, 'Aapda (crisis)', which Modi repeated constantly during the election campaign to show how Delhi residents's lives had become miserable under AAP's 11-year rule.
IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, chief human resources officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure.
A round-up of Tuesday's action in the Premier League.
Meanwhile, Pushpa 2 (Hindi) outperformed both Mufasa and Baby John despite being in the fourth week. It has already reached the Rs 775 crores (Rs 7.75 billion) mark.
A round-up of Wednesday's UEFA Champions League last-16 first leg matches.
Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.
Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65 per cent of the total additions to equity funds over the past two years.
The Congress party suffered a crushing defeat in the Delhi elections, failing to secure a single seat in the 70-member assembly for the third consecutive time. Key candidates, including Sheila Dikshit's son, Sandeep Dikshit, lost their deposits. The only consolation for the party was a slight improvement in its vote share, which they attribute to a vigorous campaign and a renewed focus on contesting elections independently. However, the defeat raises questions about the party's ability to compete in the upcoming 2024 Lok Sabha elections, particularly in light of its performance in other recent state elections.
Images from the first One-Day International between India and England in Nagpur, on Thursday.
The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI's launch in 2016. This surge reflects growing interest from financial technology (fintech) companies, driven by the integration of credit products like UPI-linked credit cards and pre-approved credit lines.
President Xi Jinping has said that no one can ever stop Taiwan's reunification with China as he signed off 2024 amid growing anxieties in the country over the continued slowdown of the economy and the return of Donald Trump, who has threatened to impose punitive tariffs and trade measures against Beijing in his second term.
Deepti Sharma did the star turn with career-best figures of 6/31 before doing her bit with the bat as India completed a 3-0 whitewash of the West Indies
Chasing a paltry target of 83, India completed the job with 52 balls to spare, reaching 84 for 1 in 11.2 overs.
In the absence of regular skipper Rohit Sharma, Jasprit Bumrah led India to their most dominant win in Australia, in the series opener in Perth.
In mixed doubles, Tanisha Crasto and Dhruv Kapila advanced to the second round with a 8-21, 21-19, 21-17 victory over Chinese Taipei's Chen Cheng Kuan and Hsu Yin-Hui.
Congress leader Priyanka Gandhi Vadra's husband Robert Vadra on Tuesday alleged that the Bharatiya Janata Party was behind Dera Sacha Sauda chief Gurmeet Ram Rahim Singh and Aam Aadmi Party convenor Arvind Kejriwal being out of jail to campaign in the Haryana polls with an aim of denting the Congress' chances.
Magnificent Martinez helps Inter defeat Sparta Prague 1-0
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. An article on the 'State of the Economy' in the December bulletin noted that the global economy continues to exhibit resilience with steady growth and moderating inflation.
Australian legends Adam Gilchrist and David Warner have little doubt that Indian players' psyche would have been scarred after the recent whitewash at home by New Zealand,
The Punjab spearhead cleaned up skipper Ruturaj Gaikwad (5) with a ripper before inducing an edge from Siddhesh Veer (0) to the wicketkeeper in the very next over.
It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.
Images from Saturday's action in the Premier League.
Defending champions Bangladesh came up with a clinical bowling performance to outclass India by 59 runs to retain the Asia Cup Under-19 Asia Cup title.
West Indies beat India by nine wickets in the second women's T20 International to level the three-match series 1-1 in Navi Mumbai on Tuesday.
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