Healthcare Financial News

FPIs have been paring their holdings of defensive stocks instead of those with more growth potential. This shows they remain bullish on the sustained earnings potential of growth stocks in industries like discretionary spending and manufacturing. Data from NSDL shows the weight of defensive stocks such as FMCG, IT, and healthcare fell to a multi-year low of 19.72% as of May-end.

—Name withheld on request.

India has achieved an impressive milestone, securing the third position globally in the number of self-made billionaires, with a remarkable total of 105 billionaires. Within this illustrious group, the top 10 richest individuals in India feature only one woman, Savitri Jindal. This notable presence underscores the broader gender disparity in wealth but also highlights the exceptional achievements of a few remarkable women in a male-dominated arena.

The Indian Army has been present in Manipur since the early days of independence, working to address security concerns. In May 2023, violence erupted in the region due to deep-rooted grievances, ethnic tensions, and external influences, leading to instability. Over the past year, the Army has been committed to restoring peace and normalcy, facing many challenges along the way.

According to the recent report issued by IMARC group, the health and wellness market is expected to exhibit a growth rate (CAGR) of 5.55% during 2023-2028. Furthermore, the demographic dividend in India, with 68% of the population being young and 55% falling within the working-age group of 20-59 years, presents a vast pool of insurable individuals.

As the country faces a demographic cliff and questions hang over the sustainability of the Social Security system, a new Gallup poll offers a glimpse of how healthcare costs continue to pose significant financial challenges for American adults.

₹6,500, sees an upside potential of 10.73 per cent.“The stock has corrected well and has consolidated near 5700 levels to maintain a good base taking support and currently we anticipate a bounce back with strength and potential to rise further in the coming days," Parekh said.Also read: Chandan Taparia recommendations: How to trade Escorts, Dixon Tech, Glenmark Pharma shares on June 7?“The RS has shown signs of positive bias and with good volume participation witnessed, we suggest to buy and accumulate this stock for an upside target of 6500 levels keeping the stop loss of 5650," she added.Dr Reddy's shares was trading 1.29 per cent higher on Thursday, June 7. The stock closed at ₹5,899.40 per share, against previous close at ₹5,824 on Wednesday.Dr.

Mint."The creation of ABHA ID is very simple process and can be facilitated conveniently with possession of Adhaar card that has already been extended to people on a large scale," he said.“However, no patient should be denied treatment without ABHA ID" Srinivas said. “For decisions in the assessment for the academic year of 2025-26 and thereafter, the patient and related clinical material authenticated with ABHA ID will only be counted."Another senior official said that creation of ABHA ID for patients will help to ceal with the problem of “ghost patients" – made-up names to impress the government with inflated numbers.

proprietary Baby Susan technology enables the baby to be easily repositioned, reducing negative touch and stimulation, while improving procedural success. The comprehensive design of the Giraffe Incubator Carestation also factors in intrahospital transport, with the Giraffe Shuttle, that provides continuous warmth during transit in addition to promoting the growth and stability of even the most fragile of patients.

Max Healthcare Institute Ltd. traded 1.38 per cent higher in Thursday's session at 12:07PM (IST). The stock opened at Rs 827.95 and has touched an intraday high and low of Rs 837.0 and Rs 812.05, respectively, during the session so far. The stock quoted a 52-week high of Rs 909.0 and a 52-week low of 505.35. About 15,748 shares changed hands on the counter so far.

NBCC (India), the state-owned construction firm, jumped 8.4% in today's early morning deals, reaching ₹141 apiece after the company received orders worth ₹491.45 crore from multiple clients.In an exchange filing on Wednesday, the company announced that it secured a ₹112 crore order from the Central Government Health Scheme (CGHS) for the construction of a multi-facility healthcare complex. Additionally, it won a ₹73.27 crore order from the Department of Social Security and Empowerment of Persons with Disabilities for the construction of the Infrastructure Complex (IIC) with peripheral development in Bargarh District, Odisha.Also Read: 4 auto stocks including Bajaj Auto, TVS Motor hit new all-time highs – here's whyThanks to strong order wins this year, the stock has rewarded shareholders with a return of 79% over the past six months and 219% over the last year.

Ensuring financial independence and security in the later years of life is a cornerstone of financial planning.

₹661 crore due to a slowdown in key verticals. Net revenue for the full year declined 5% to $6.27 billion, while net profit plummeted 52.2% to $284 million, down from $598 million a year ago. To be fair, the last 12 months have been tough for the industry as a whole.

According to the Bureau of Labor Statistics' latest Job Openings and Labor Turnover Survey (JOLTS) report released yesterday (4 June), the number of job openings was slightly down from March's figure of 8.4 million, a decrease of 133,000. Over the month, the number of hires stood at 5.6 million and 5.4 million, respectively. Within separations, US officials reported 3.5 million quits and 1.5 million layoffs.  Job openings were down by 1.8 million over the year. Healthcare and social assistance recorded the largest drop in vacancies – 204,000 – while the number of jobs in private educa...

health insurance scheme, designed to provide health coverage of up to Rs. 5 lakh per family per year for secondary and tertiary care hospitalization.

Indian stock market, leading IT stocks are witnessing sharp upside movement during Wednesday deals. The Nifty IT index, a benchmark index for the IT sector on the National Stock Exchange of India, has risen to 2.50 percent, while it was one of the least affected segments during a stock market crash on Tuesday.

Read here: Dabur India, Godrej Consumer Products & others hit 52 week high today ; Do you own any?In the near term, the brokerage expects a reset in the market’s hitherto cavalier investment stance toward ‘narrative’ stocks."We have struggled with the implied growth and profitability assumptions embedded in the market cap. of several ‘narrative’ stocks (capital goods, electric utilities and PSUs).

stocks across sectors like FMCG, auto, pharma/hospitals, private banks, capital goods, commodities, telecom, consumer durables, etc. may likely see a bounce back as the NDA looks set to retain power, says domestic brokerage firm Prabhudas Lilladher. Given expected focus on rural India and normal monsoons, sectors like consumer, auto, pharma, private banks, durables etc. might come to focus, wherein the domestic brokerage stated that it had recently increased weights in model portfolios.

Ajeet Dogra, Jammu, Jammu and KashmirInvestors looking at the Nifty Consumer Index are presented with a strategic approach to investing in the essential sectors that fuel India's everyday life. The index's performance is closely watched by market enthusiasts and investors, as it provides insights into the consumer sector's health, which is a significant contributor to India's gross domestic product.The index offers exposure to top gainers and steady performers in the consumption space, making it an attractive option for those seeking to tap into India's growth story.

Buy or sell stocks: On account of disappointing Lok Sabha Election results, the Indian stock market witnessed a bloodbath on Tuesday. The Nifty 50 index tumbled to log its worst session in over four years. The 50-stock index crashed 1379 points and finished at 21,884.

Also read: Job creation, alleviating rural distress likely to top new government’s agenda The upcoming Digital India Bill will be another key priority for the government, which wants Big Tech to tackle issues such as deepfakes and malicious AI-generated content. The industry, for its part, will want the government to preserve the safe-harbour principle to ensure that intermediaries are not held liable for third-party content posted on their platforms.