Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses, falls 170 points; Brent above $94
Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between 23,450 - 23,500 levels, which remains the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 - 22,700 levels.
India's healthcare transformed in 12 years under PM Modi: Report
India's healthcare sector has seen a major transformation over the last 12 years. Health insurance coverage has expanded significantly. Maternal and child healthcare has improved. Medical infrastructure has seen a substantial increase. The government has focused on making healthcare accessible and affordable for all citizens.
Panacea Biotech shares up 56% in six sessions; Here are the latest developments
Panacea Biotec is a key partner in the consortium as the developer of DengiAll, a tetravalent live-attenuated dengue vaccine candidate targeting all four dengue virus serotypes and currently in late-stage development in India.
RBI announces measures to attract foreign capital
The Reserve Bank of India (RBI) has announced few measures in order to attract capital flow. Firstly, for government securities under the Fully Accessible Route (FAR), the central bank is expanding the universe of specified securities by including all new issuances of 15-, 30- and 40-year tenor G-secs. In addition, limits pertaining to short-term investment, concentration and individual securities on FPI investment under the General Route are being removed. These measures along with the tax benefits provided by the government this morning should help attract foreign capital for government borrowing. Second, the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased. Further, the same facility is being extended to all individual Persons Resident Outside India (PROIs) at par with NRIs and OCIs. Third, a facility of concessional forex swap will be provided till 30th September 2026 to incentivize ECBs by PSUs.
Oscar Health stock hits all-time high at 22.77 USD By Investing.com - Investing.com India
Oscar Health stock hits all-time high at 22.77 USD By Investing.comInvesting.com India
Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses to 200 points; Lenskart in focus
Sensex Today | Stock Market LIVE Updates: The bulls may take comfort from the fact that all recent selling has seen a reversal around this 23,250 - 23,350 range. A break of that level risks further downside for the index. Same is the case with the Nifty Bank, which had another 1,000-point range trading day on Monday.
FDA approval puts Wockhardt’s Zaynich in $9 billion antibiotics market
Wockhardt’s newly approved antibiotic Zaynich has the potential to transform the treatment of drug-resistant infections, according to Mahesh Patel, the scientist behind the drug. Approved by the US FDA for complicated urinary tract infections, Zaynich combines cefepime and zidebactam, using a novel “beta-lactam enhancer” mechanism that blocks two key steps in bacterial cell-wall synthesis, helping it overcome virtually all known resistance mechanisms.
Wockhardt hits all-time high on CDSCO approval for antibiotic Zaynich
The buying on the counter came after the company received approval from the CDSCO for the import and marketing of Zaynich Zidebactam/Cefepime
Prime Minister urges citizens to take precautions amid soaring temperatures across India
Prime Minister, Narendra Modi has urged citizens across the country to take all possible precautions amid soaring temperatures being witnessed in different parts of India. Modi urged people to stay hydrated, carry water while stepping out and extend help to others by offering them water during the harsh weather conditions. The Prime Minister also advised people to remain alert to signs of heat exhaustion such as dizziness, nausea and extreme fatigue. He urged citizens to immediately help anyone feeling unwell, weak or suffering from headaches by moving them to a cool and shaded place and ensuring availability of water and ORS. Modi noted that children, elderly people and those working outdoors are especially vulnerable during extreme heat and cautioned that ignoring warning signs may lead to heatstroke. Modi also called upon people to regularly check on elderly parents, grandparents and loved ones during the heatwave and remind them to stay hydrated, avoid stepping out during peak ...
Govt health spending triples to Rs 3.85 lakh crore in 2022-23: National Health Accounts
Government spending on healthcare has surged to Rs 3.85 lakh crore in 2022-23, nearly tripling from a decade ago. This increased public investment has led to a substantial drop in household out-of-pocket expenses for treatment. The share of government health spending in GDP has also risen. This indicates a positive shift towards more affordable and accessible healthcare for all citizens.
"Fuel saving is fuel creation": Maharashtra launches campaign for State Transport to conserve diesel
Maharashtra State Road Transport Corporation will implement a new fuel-saving initiative. The plan aims to reduce daily diesel consumption across all depots. Drivers will be trained and rewarded for efficient fuel use. Technical inspections and repairs will be prioritized. This campaign seeks to improve MSRTC's financial health and conserve national resources.
Park Medi World to acquire Medicity Hospital in Rudrapur, enter Uttarakhand
Hospital chain Park Medi World Limited is acquiring The Medicity Hospital in Rudrapur. The deal is valued at Rs 177 crore and is an all-cash transaction. This acquisition marks Park Group's entry into Uttarakhand. The Medicity Hospital is a multi-super speciality facility with 330 beds. This move aligns with the company's growth strategy to expand its network in underserved markets.