Healthcare Financial News

deep-tech disruption. A young, tech-savvy population, a growing middle class, and rapid urbanisation are all fuelling innovation. Deep-tech startups are stepping up, developing game-changing solutions with the potential to transform the country's most pressing challenges.

public health challenge in India, particularly affecting women. Statistics emphasize the rising incidence of cancer in India, with a disproportionate impact on women than men. There is a necessity for a heightened emphasis on preventive measures, such as adopting a healthy lifestyle, receiving vaccinations (e.g., HPV vaccine for cervical cancer), and undergoing regular screenings to facilitate early detection.

As International Women's Day approaches, it serves as a poignant reminder of the achievements, struggles, and resilience demonstrated by women globally. Despite the myriad responsibilities they shoulder, societal expectations and ingrained gender norms frequently push women to prioritise the needs of others over their own. This tendency to prioritise caregiving and homemaking roles often leads to neglecting personal health and financial matters. 

Buy or sell stocks: On account of strong buying in banking, healthcare, IT, and auto stocks, the Indian stock market witnessed a strong pullback in the last hour of Wednesday's session. All three key benchmark indices ended in the green territory. The Nifty 50 index ended 117 points higher after climbing to a new peak of 22,497 level.

The affordability of these kits ensures that individuals from various economic backgrounds can access essential tools for diabetes management, promoting proactive and personalized healthcare. The convenience of at-home monitoring reduces the need for frequent visits to healthcare facilities, offering a more efficient and patient-centric approach to diabetes care.

The S&P BSE Sensex rallied over 400 points while the Nifty50 closed with gains of over 100 points to hit a fresh closing high.

artificial intelligence (AI) in human resources and recruitment function has the potential to lead to massive productivity gains, said Deepa Param Singhal, vice president, Cloud Applications, Oracle India. Sectors such as business services, financial services, education, retail and healthcare are among those that are majorly impacted by the advent of Gen AI, she told ET.

By Julie Steenhuysen

Healthcare costs worldwide continue to soar, presenting a daunting economic challenge for individuals and governments alike.

₹750 per month. Earlier, the ASHA and Anganwadi workers used to get ₹8,250 per month, and with this hike, it will be ₹9,000. The remuneration of Anganwadi helpers will be hiked by ₹500 per month, Banerjee added.

Max Healthcare Institute Ltd. traded 1.05 per cent higher in Wednesday's session at 10:10AM (IST). The stock opened at Rs 738.65 and has touched an intraday high and low of Rs 742.95 and Rs 728.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 909.0 and a 52-week low of 412.0. About 44,695 shares changed hands on the counter so far.

(Reuters) — The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev, ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's U.S. facilities.

By Michael Erman

Delhi government's new scheme, Mukhyamantri Mahila Samman Yojana, which promises ₹1,000 per month to women above 18 years of age is not «revdi» (freebie) but a social welfare initiative aimed at empowering women and boosting economic liquidity, Delhi finance minister Atishi has said. Speaking to ET, Atishi said AAP government's schemes had been criticised as «revdi» by political opponents but the state government was utilising taxes paid by the people for their welfare. «If we can run the government in fiscal surplus and also give the citizens of Delhi everything (free electricity, water, healthcare and education), why shouldn't we? What is bothering the opponents so much? Atishi presented the Budget 2024-25 on Monday, announcing the programme for women over 18 who are not income-tax payers, have a government employment, or get a pension. According to Delhi government estimates, 45-50 lakh women out of 67 lakh women voters will be eligible under this initiative.

medical device maker Medtronic, which gave the world the first battery-powered pacemaker seven decades ago, is betting big on India. Geoff Martha, its chairman and CEO, told Viswanath Pilla in an interview that Medtronic's next phase of growth in the country will involve evaluating possibilities of redesigning products to make them more affordable for patients, sourcing components locally, and manufacturing in India. Edited excerpts: How are you planning to achieve Medtronic's goal of reaching 1 billion patients every year? We reach two patients every second and we're very proud of it. But 80 million people is a fraction of the world's population… With these digital technologies coming in, I think that'll allow us to access so many more patients. Because it's going to personalise these therapies, lower the cost. So that's the aspiration that we need to map our strategy to get to 1 billion a year.

₹400,000 in India for the first year of treatment, and ₹200,000 for subsequent years due to lesser dosage requirements. In the US, it is listed at $2,190, subject to insurance coverage variations. "…(R)etinal conditions are often diagnosed late or neglected, leading to vision loss," said V Simpson Emmanuel, chief executive and managing director, Roche Pharma India.

Bandhan Mutual Fund has filed a draft document with Sebi for Bandhan S&P BSE Healthcare Index Fund. It will be an open‐ended scheme tracking S&P BSE Healthcare Index. The objective is to replicate the S&P BSE Healthcare Index by investing in securities of the S&P BSE Healthcare Index in the same proportion/weightage to provide returns before expenses that track the total return of S&P BSE Healthcare Index, subject to tracking errors. The performance of the scheme will be benchmarked against S&P BSE Healthcare Index TRI. It will be managed by Nemish Sheth.

Sriram Iyer, CEO, Apollo Health & Lifestyle, says “more than 80% of the diagnostics market is still unorganised, less than 20% is between the national and the regional players. There is definitely headroom for growth and the prospects look brighter and the awareness is really going up. Preventive health check is becoming the key now and there is a lot of work happening in the healthcare space for consumers to become more aware.” Given the lots of tugs and pulls and a wrestling of a larger share volume that continues to remain high, the price competition may have cooled off a tad. What is your diagnosis of the industry as a whole? Sriram Iyer: So, as rightly said, the prospects are quite good for the industry. There are two things. Obviously, the penetration of healthcare is quite low. Diagnostic is the first point of really getting checked before you get into further treatments in healthcare.

Why do you need health insurance?Health insurance plans serve as a vital safety net, providing financial protection against the potentially exorbitant costs of medical care. It offers access to a range of healthcare services, including preventive care, diagnostic tests, treatments, and cashless hospitalization, without imposing financial strain on individuals and families. It safeguards your finances and mitigates the risk of catastrophic medical expenses that could otherwise jeopardize financial stability depleting one’s savings during a medical emergency.Things to consider while investing in a health insurance plan1. Individual Health Needs: One of the primary considerations in deciding when to purchase health insurance is your health needs.

Siemens, Jefferies recommended a buy on IIFL Finance, JPMorgan has an overweight rating on Max Healthcare, and Macquarie maintained an outperform rating on Tata Motors.

Future Consumer Ltd.(up 5.56%), Honasa Consumer Ltd.(up 2.14%), Zydus Wellness Ltd.(up 1.56%), Sheetal Cool Products Ltd.(up 0.44%), Hatsun Agro Products Ltd.(up 0.16%), Godrej Consumer Products Ltd.(up 0.14%), Jyothy Labs Ltd.(up 0.14%), Tasty Bite Eatables Ltd.(up 0.13%), Mrs. Bectors Food Specialities Ltd.(up 0.08%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.07%) were among the top gainers.