Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.
The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.
'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'
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Screen time, referring to the time children spend watching television or playing computer games, was found to impact the development of executive functions of brain such as working memory, planning and responding flexibly to changing situations.
There is no near-term respite for the country's largest fast-moving consumer goods maker, Hindustan Unilever (HUL), which is facing multiple challenges on the growth front. With demand showing no signs of improvement, especially in the rural segment, the October-December quarter (Q3) of 2023-24 (FY24) is likely to be similar to the previous quarter, with volume growth in the low single digits. The stock, which is down 7 per cent over the past year compared to the 11 per cent jump for the S&P BSE Sensex, could underperform the benchmark in the near term as well.
Like other sports, cricketing action too has come to a complete halt due to the COVID-19 pandemic. The fate of the T20 World Cup to be held in Australia in October-November is shrouded in uncertainty.
Maruti Suzuki India's net profit surged 80.3 per cent to Rs 3,716.5 crore in the September quarter, driven by better sales, softening commodity prices, cost reduction efforts and higher non-operating income. The company had delivered a net profit of Rs 2,061.5 crore in the year-ago period, Maruti Suzuki India said in a statement on Friday. Maruti said it is expecting the affordability of small cars in the domestic market to come back in the next 2-3 years in the face of rising income levels of people and a growing economy, among others.
There are certain plans that you can opt for that also cover dental treatments, says rediffGURU Sanjib Jha.
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.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
'There are a few states which are reporting higher numbers of cases indicating possible localised spread of infection,' Union Health Secretary Rajesh Bhushan has said in a letter to these states.
25 student suicides in 2023 at India's coaching hub Kota have revealed the mindboggling stress children confront every day, reports Prakash Bhandari.
The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.
'Nitish Kumar is fooling the people of Bihar.' 'He will not probe anything because if he does so, he will be trapped himself.'
Group policies are more suitable for diabetics; these are negotiable & flexible.
Shubman Gill says irat Kohli's hunger and intensity on the cricket field inspires him, and he also strives to learn from captain Rohit Sharma.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
rediffGURU Anu Krishna, a mental health coach and NLP practitioner, offers expert advice on how you can take charge of your life.
While Star Health's policy for children is a step forward, it has a low sum insured and comes as a group cover.
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
Employment in India saw a V-shaped recovery after being adversely impacted between April and June 2020 during the Covid lockdown and during April-June 2021, when the second wave struck, said Krishnamurthy V Subramanian, former chief economic advisor, in a paper released on Friday. Subramanian is now serving as executive director of the International Monetary Fund (IMF). From the official survey data of the National Sample Survey Organisation (NSSO), the paper titled 'Employment in India: Data Sources, Facts, and Trends' showed that both worker-population ratio (WPR) and labour force participation rate (LFPR) were higher, while the unemployment rate was lower during October-December 2022 when compared to the corresponding quarter in 2019.
'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'
Pets help people lead a healthy life and fulfil emotional deficit occurring due to broken relationships, a Mumbai court has held in a domestic violence case wherein a woman sought maintenance from her estranged husband saying she has health issues and three dogs dependent on her.
He said the Ayush ministry would ensure that there was a good Ayurveda hospital in each district.
More people working in India's technology industry have lost their jobs in the first six months of 2023 than in the corresponding period in 2022.
Amid a spike in Covid-19 cases, the Centre on Monday reviewed with states and Union territories the preparedness for pandemic management and the progress of vaccination.
ISRO on Friday said it has made efforts to establish communication with its lunar mission Chandrayaan-3's lander Vikram and rover Pragyan to ascertain their 'wake-up condition' after they had been put into sleep mode early this month -- but no signals have been received from them as of now.
'I remember that when I was about seven years old, a doctor saw me and told my family that I would only survive for six months and that the disease had no cure. But my mother never gave up. She would always say, 'My son is born to become a renowned wrestler'.'
From all indications, Sunil Kanugolu is here to stay, though whether his magic will help the Congress in the northern states in the Lok Sabha elections remains to be seen, wonders Aditi Phadnis.
In a video message posted on social media, the British prime minister said that he will continue to lead the United Kingdom government's response to the deadly virus, which has claimed 578 lives.
'If through growth and serving the customer we become number one, we will be very happy and very proud.'
A total of 86 metres have to be drilled vertically to prepare an escape passage. Pipes of 1.2 metres in diameter have to be laid vertically through the top of the tunnel on which work began on Sunday as a second option to reach the stranded labourers.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.
Addressing soldiers in Lepcha after celebrating Diwali with security personnel stationed near the border, Modi said the circumstances of the world are such that the expectations from India are constantly rising.
The tourism industry expects a short-term impact, as it is counting on the state's proven expertise in managing such crises.
The government decided to enhance surveillance and containment effort within the state by tracking and quarantining the primary and secondary contacts of the COVID-positive persons.
'When there was no crime committed, everything had to be fabricated. They see it as a war, and everything is fair in love and war.'
India is among the top three emerging markets in the wellness economy.
Between 1990 and 2019, Alzheimer's-related deaths increased almost five times, data available on the Global Burden of Disease has found.
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