Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Cultural sensitivity, communication key to strengthening India's medical tourism appeal: IIM experts
Experts highlight cultural sensitivity and communication's importance for international medical tourists. Effective expectation management and communication enhance patient experiences in Indian hospitals. India is a leading medical tourism destination due to advanced healthcare and affordable costs. Hospitals should invest in intercultural communication training for professionals. Bridging cultural gaps improves patient satisfaction and India's market competitiveness.
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilient
Summer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages, ice cream, and dairy products saw robust growth. Consumers are opting for more affordable refreshment options and impulse buys, with traditional hydration products also gaining popularity across urban and rural areas.
Adani Group targets 10 GW nuclear power capacity by 2035
Adani Group is venturing into nuclear power, aiming for 10 GW capacity by 2035 to bolster India's energy security amidst global uncertainties. Chairman Gautam Adani announced land acquisition for Adani Atomic Energy, a significant addition to the conglomerate's integrated power platform. This move aligns with accelerated investments across the energy value chain, from mining to clean energy technologies, underscoring a commitment to reliable, affordable, and round-the-clock power for the nation.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
India known as nation with world's largest healthcare programme: PM Modi
Prime Minister Narendra Modi said India has made healthcare more affordable and accessible over the past 12 years through initiatives such as Ayushman Bharat and the PM Bharatiya Jan Aushadhi Pariyojana. He highlighted lower-cost medicines and medical devices, expanded medical education, and progress in tackling diseases like tuberculosis.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
US 'specifically' asked India to buy Russian oil in 2022, says EAM Jaishankar
India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oil was available and affordable. The United States had specifically requested India continue buying Russian crude. This action aimed to stabilize global energy markets. India's decision was driven by market realities, not politics.
IKEA sets up India development centre in push beyond sourcing
IKEA has launched a new product development center in India. This move positions India as a key hub for designing home furnishings for both local and international markets. The company aims to develop affordable products relevant to Indian consumers. This expansion signifies IKEA's commitment to India's full value chain, from retail to manufacturing and now product innovation.
Stocks to Buy: CLSA expects eyewear maker to cross levels of ₹600 despite valuation chatter
CLSA described Lenskart as a leading eyewear brand in India that is well-positioned to cater to the country's affluent urban consumers as well as emerging middle-income cohorts, while continuing to offer affordable products for the mass market.
S&P flags pressure on Indian Oil as high crude prices squeeze margins
S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs while meeting India's energy needs.
I-Beauty! After J, K and C, now it's India's turn in the big beautiful market
India's beauty industry is emerging as a global force, blending Ayurvedic heritage with modern science to create "I-beauty." With rising exports and significant acquisitions by major companies, Indian brands are poised to capture international attention, offering affordable luxury and innovative dermocosmetics. However, a crowded global market and established K-beauty presence present challenges.
From oncology to obesity, Pfizer bets big on India for its next growth wave
Pfizer is focusing on India for future growth. The company plans to launch new medicines quickly and at affordable prices. India is seen as a crucial market for new treatments in cancer, obesity, and vaccines. Pfizer is also working on local clinical studies for future drug launches.