Healthcare Financial News

₹1—no physical doctor’s time can be this affordable," Pratyush Kumar, cofounder of Sarvam and adjunct faculty at Indian Institute of Technology (IIT), Madras, told Mint last month. “Instead of taking clientele away from doctors, in India, such domain-specific AI models can make healthcare more accessible to a wide population base." The approach Sarvam, Adya.ai and some of their peers are taking marks a sobering change after an initial AI euphoria to create general purpose generative AI models.

Delhi Medical Association on Monday moved the Supreme Court, seeking to be made a party in a suo motu case related to the rape and murder of a postgraduate medic at the RG Kar Medical College and Hospital in Kolkata. The national capital-based doctors' body with more than 15,000 members has sought setting up of a committee headed by a former Supreme Court judge to «prepare a module/scheme for protection of doctors and medical service personnel against any violence in the hospitals and the public healthcare centres». A bench led by Chief Justice DY Chandraachud is scheduled to hear as the first matter on Tuesday a suo motu case related to the rape and murder of the postgraduate medic in Kolkata amid the ongoing nationwide doctors' strike over it. The Delhi Medical Association's (DMA) plea, settled by senior lawyer Vijay Hansaria and advocate Sneha Kalita, has urged the top court that the committee could «comprise of the representatives of the Indian Medical Association; National Medical Commission; secretary of the Ministry of Health and Family Welfare, government of India; an officer not below the rank of inspector general of police; resident doctors or representatives of the doctors from RG Kar Medical College and Hospital; members of civil society and such other person as this Hon'ble Court may deem fit and appropriate».

Tata Nifty200 Alpha 30 Index Fund are currently open for subscription, with another eight NFOs set to open later this week. These 10 funds span eight different categories: two index funds, sectoral funds, dividend yield, large & mid-cap, multi-asset allocation, multicap, ultra-short duration, and an ETF. Tata Nifty200 Alpha 30 Index Fund The Tata Nifty200 Alpha 30 Index Fund is an open-ended scheme that tracks the Nifty200 Alpha 30 Index (TRI). The NFO for this scheme is open for subscription and will close on September 2.

Narayana Murthy, co-founder of Infosys, highlighted the issue of India's rising population as a major challenge during the convocation ceremony at Motilal Nehru National Institute of Technology in Prayagraj on Sunday. He stressed that inadequate attention to population control since the Emergency period threatens the country's sustainability. «India faces significant challenges related to population, per capita land availability, and healthcare facilities,» Murthy stated. He elaborated by comparing India with other nations, saying, «Since the Emergency period, we Indians have not paid enough attention to population control. This poses a risk of making our country unsustainable. In comparison, countries such as the US, Brazil and China have far higher per capita land availability.»

Gita Gopinath said, while flagging concerns around the growing sentiment against de-globalisation and protectionism. She said countries are certainly becoming more selective about their trading partners. “In that sense, India is in a bit of a favoured position because for many countries, India is an attractive country to work with in terms of diversifying their trading partners… so that plays a beneficial role for India,” Gopinath told ET.

Padma awardee doctors have urged Prime Minister Narendra Modi to quickly enact a special law addressing violence against healthcare professionals following the Kolkata rape-murder incident. They recommended an immediate ordinance to enforce «the harshest possible punishment» for those who engage in physical or verbal violence against healthcare workers. These demands come in the wake of the alleged rape and murder of a woman trainee doctor at R G Kar Medical College and Hospital, coupled with accusations of a botched investigation and cover-up. Healthcare professionals and organizations, including the Indian Medical Association (IMA), have launched widespread protests advocating for a central law to ensure medic safety. Notable signatories of the letter include Dr. Balram Bhargava, former Director General of ICMR, Dr. Randeep Guleria, former AIIMS Delhi Director, and Dr. S K Sarin, Director of the Institute of Liver and Biliary Sciences. In the letter, the doctors have expressed their significant concern and called for PM Modi's immediate intervention. The letter emphasizes the brutal nature of the event and the urgent need to address violence, especially against women, girls, and healthcare professionals.

Health services at the state-run Goa Medical College and Hospital remained affected for the third consecutive day on Sunday, with resident doctors resolving against withdrawing the indefinite strike, which began Friday, till the Calcutta High Court delivers verdict in the rape-murder case. Earlier in the day, private medical practitioners who observed a 24-hour strike called off their protest at 6 AM, said Indian Medical Association's Goa unit president Sandesh Chodankar. Healthcare services at the Goa Medical College and Hospital, one of the oldest medical colleges, remained crippled for the third consecutive day due to the strike by senior and junior resident doctors under the aegis of the Goa Association of Resident Doctors (GARD). Doctors demonstrated outside GMCH Complex in Bambolim demanding justice for the junior trainee doctor who was allegedly raped and murdered at RG Kar Medical College and Hospital in Kolkata on August 9, triggering nationwide outrage.

India hired around 152,000 people in the first half of 2024, up 14% from the previous six months but 9% lower than a year earlier, a survey has found. More than 75% of the hirings were to replace employees who had left. The gross hirings included attrition-linked replacement of about 118,000 employees and a net addition of 34,000, according to the survey conducted by specialist staffing firm Xpheno for ET, tracking data from 125 global capability centres (GCCs) that account for nearly three-fourths of India's total GCC headcount of 1.6 million. GCCs in semiconductor manufacturing, oil & gas and food & beverage services accounted for the largest number of net additions, both in the first half of 2024 and in the 12 months ended June 30, 2024, the survey has found.

The Biden administration is hiking pay for educators in the early childhood program Head Start as part of an effort to retain current employees and attract new ones in the midst of a workforce shortage

West Bengal and across the country on Saturday started a 24-hour nationwide strike to protest the rape and murder of a trainee doctor at the government-run RG Kar Medical College in Kolkata last week. The protest was called by the Indian Medical Association (IMA), the largest organisation of medical staff in the country, which has placed five demands including justice for the victim, a central law to protect healthcare workers from violence at workplaces, and a thorough overhaul of the working and living conditions of resident doctors. The West Bengal government, meanwhile, issued detailed guidelines and measures to be taken at hospitals, medical colleges and all workplaces for women across the state with the aim to provide safe working conditions, and launched a flagship programme, 'Rattirer Shaathi' (Helpers of night).

Healthcare services in Gujarat were affected as doctors from government and private hospitals took to the streets on Saturday amid the 24-hour nationwide protest over the rape and murder of a postgraduate trainee doctor at a Kolkata medical college. Doctors stayed away from the outpatient departments (OPDs) and did not conduct elective surgeries in several hospitals across the state as part of a strike call given by the Indian Medical Association (IMA) and Gujarat Junior Doctors' Association. Doctors held protest gatherings and took out rallies, shouting slogans demanding justice for the woman doctor who was brutally raped and murdered at RG Kar Medical College and Hospital in Kolkata on August 9. Dr Mona Desai, a former president of the IMA's Ahmedabad chapter, led a delegation of protesting doctors and submitted a memorandum to Chief Minister Bhupendra Patel in the state capital Gandhinagar.

Moreover, the Ministry requested the agitating doctors to resume their duties in the larger public interest and in view of the rising cases of Dengue and Malaria. «The representatives of Federation of Resident Doctors Association (FORDA), Indian Medical Association (IMA) and Resident Doctors’ Associations of Governmental Medical Colleges & Hospitals of Delhi met the Ministry in the aftermath of the incident against a resident doctor in RG Kar Medical College and Hospital, Kolkata.»

Central Protection Act. Their demonstrations took place at various locations, culminating in a massive protest at the office of the Union Health Minister, at Nirman Bhawan. Read More: Bomb threat in Ambience Mall Gurgaon Out-patient services were disrupted in most of the city's hospitals on Friday, with doctors threatening to escalate their protests by shutting down emergency services if their demands were not met.

A survey conducted by the Indian Medical Association (IMA) puts a number to the alarming extent of stress and fear among doctors. According to the survey, 82.7% of doctors experience significant stress in their profession, 62.8% fear violence and 46.3% identify violence as a major source of their stress. These figures illustrate the growing concern regarding the safety and well-being of medical professionals, reported ToI. «The present Bill not only merely focuses on punishment but also addresses the other parameters which lead to violence. It will ensure that all the healthcare service personnel have the right to work in a safe and secure work place which is free of violence and also secure the rights of patients,» said the official document.

HAL, Reliance and ONGC among a host of other companies are likely to remain in focus next week as they are approaching their record dates for the purpose of dividend, bonus issues and stock split. The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.

₹2,606.18 crore, while their foreign counterparts or FIIs net purchased shares worth ₹766.52 crore . Overall, investor wealth increased by ₹7.3 trillion, per exchange data, on fresh buying and short covering (closing out bearish derivatives bets). Veteran money managers said the bullish sentiment is likely to continue despite quarterly earnings being in line.

The Nirman Bhawan, located near Parliament in Lutyens' Delhi, houses the Ministry of Health besides other departments. Resident doctors are standing on the side of the road outside Nirman Bhawan, with a heavy presence of police officers who have placed barricades on both sides of the road.

Rajasthan will undertake land reforms to improve its availability for green field manufacturing units, state Principal Secretary (Industries), Ajitabh Sharma told ET. Sharma said the state had received fresh proposals for renewable energy equipment and petrochemical manufacturing and investment commitments of over Rs 5.2 lakh crore ahead of the Rising Rajasthan Investment Summit. “We are coming out with policies for supporting the development of private industrial parks,” he said, adding that the state is now readying a Private Land Aggregation bill.

Immigration tops the list of issues that Britons consider most important for the first time since 2016 — when Britain voted to leave the European Union — following riots this month targeting Muslims and migrants, pollster Ipsos said on Friday. Just over a third of Britons (34%) named immigration as the biggest issue, ahead of healthcare, on 30%, the economy on 29%, crime on 25% and inflation on 20%, the August edition of the monthly Ipsos Issues Index showed. For 11% of those polled race relations was the top issue.

Mint takes a look at the key sectoral themes that emerged from the Q1 show: The overall earnings growth was driven by domestic cyclicals—firms that alternate between periods of high and low profit—such as automobiles and banking, financial services and insurance (BFSI), underpinned by robust demand and credit growth. There were improved contributions from healthcare, real estate and capital goods. Conversely, earnings growth was weighed down by global cyclicals such as oil and gas, where firms suffered an up to 90% plunge in profits, along with metals, cement and specialty chemicals.

Sonata Software, a mid-tier IT company, has lost 18% in August so far after the company’s subdued June quarter performance due to delay in large deals. While it is likely to face challenges in the current quarter as well, Sonata expects to post better numbers in the second half of the current fiscal year given a strong order book. Given the slower momentum in the first half of the year, analysts have reduced the estimated earnings growth rate for the full year.