Healthcare Financial News

Union Minister Arjun Ram Meghwal is expected to introduce the Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, which aims to reserve seats for Scheduled Tribes in Goa and rescind seats in the Legislative Assembly. «The Bill for enabling reservation of seats in accordance with article 332 of the Constitution for effective democratic participation of members of Scheduled Tribes and to provide for the readjustment of seats in the Legislative Assembly of the State of Goa, in so far as such readjustment is necessitated by inclusion of certain communities in the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto, be taken into consideration,» the legislative business reads. Additionally, Union Minister Rajiv Pratap Rudy will introduce a Bill to amend the Mental Healthcare Act, 2017, and the Mental Healthcare (Amendment) Bill, 2024. Other key presentations include the Committee on Estimates' Sixth Report on promoting climate-resilient agriculture and the Standing Committee on Housing and Urban Affairs' Fifth Report on regional rapid transit systems.

Donald Trump exempted pharmaceuticals, one of New Delhi's key export items to the US, from the new reciprocal tariffs rule on Thursday. «Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles and autos/auto parts already subject to Section 232 tariffs; (3) copper, pharmaceuticals, semiconductors, and lumber articles; (4) all articles that may become subject to future Section 232 tariffs; (5) bullion; and (6) energy and other certain minerals that are not available in the United States,» the White House said in a factsheet. The US market accounts for 30% of overall exports for India’s pharma sector.

Lupin on Wednesday said it has acquired UK-based Renascience Pharma for 12.3 million pounds (around Rs 135 crore). Lupin Healthcare (UK) Ltd, a wholly-owned subsidiary of the Mumbai-based drug maker, is acquiring a 100 per cent stake in Renascience, which supplies products in the UK. With the acquisition, Lupin Healthcare (UK) Limited gains full ownership of Renascience which, going forward, will trade as its subsidiary, Lupin Ltd said in a statement. Renascience is the sole supplier for branded injectable cephalosporines for infectious diseases, a topical treatment for ear pain and a branded quinasoline-like diuretic for cardiovascular and renal indications in the UK market.

INDIA LEADERSHIP COUNCIL

Shiv Chanani of Baroda BNP Paribas MF shared a measured outlook for the equity markets in a conversation with ETNow. He emphasized that while aggregate valuations have become more reasonable, the market is expected to stay selective and bottom-up in nature.

Indian stock market experienced a roller-coaster ride in the financial year ended March 31, 2025, as aggressive selling by overseas fund managers in the second-half of the year weighed on sentiment. Despite this, the Nifty 50 index managed to close FY2025 with a 5.3% gain, while the Nifty Midcap 150 and Smallcap 250 rose 5.73% and 2.32%, respectively. Foreign portfolio investors (FPIs) offloaded shares worth Rs 1.25 lakh crore during the year.

Subscribe to enjoy similar stories. Indian stock market: The benchmark Nifty 50 index faced resistance at its 50-week moving average (WMA) and turned volatile on 25 March, but ended the week with a 0.72% gain. The price action formed a ‘Doji’ candle with a long upper wick on the weekly chart, signalling indecision at higher levels.

American dream has felt more and more out of reach for millions of families in the past few decades, as per a report. Higher living expenses, stagnant incomes, and an economy that rewards financial speculation over actual production are impacting the very heart of American society, the middle class, reported Big Easy magazine.

Leo Puri has stepped down from the board of Tata Sons as an independent director, his second exit from a company's top decision-making body within a month. Officials close to the matter said that Puri's term has officially ended, and that he did not seek a renewal. About a fortnight ago, Puri resigned from the board of Hindustan Unilever, the country's biggest consumer goods company, as an independent director, citing increasing board commitments. He had then cited his proposed appointment to the board of a global entity among the reasons for his resignation. Tata Sons did not comment. Leo Puri was not reachable. Puri also serves as the chairperson and independent director on the board of Fortis Healthcare and as an independent director on the board of Dr Reddy's Laboratories.

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). The findings were presented at the National Disability Network (NDN) Meeting last week, where civil society groups and disability rights organisations from over 20 states convened to discuss pressing issues faced by the community. The survey, conducted under the 'Ayushman for All' campaign by the National Centre for Promotion of Employment for Disabled People (NCPEDP), gathered responses from more than 5,000 persons with disabilities across 34 states and union territories. Despite the scheme's aim of providing health coverage to vulnerable populations, only 28 per cent of disabled respondents reported having applied for it.

Subscribe to enjoy similar stories. In a recent finding that could reshape public health policy globally, a new research study demonstrates that the Pradhan Mantri Jan Arogya Yojana (PM-JAY), India’s flagship healthcare programme, is achieving far more than its primary objective. It is fundamentally transforming the financial resilience of India’s poor, creating a silent yet powerful ripple effect throughout the economy.

cyberattack at Oracle as the hackers broke into the cloud computing company's computer systems and stole patient data, Bloomberg News reported on Friday, citing a person familiar with the matter. Earlier this month, the company alerted some healthcare customers that sometime after January 22, hackers accessed its servers and copied patient data to an outside location, the report said. The hackers stole patient data in an attempt to extort multiple medical providers in the United States, according to the report.

equity mutual funds have offered double-digit returns in the financial year 2025 so far. There were around 486 funds in the mentioned period. The top three schemes in the list were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF, Mirae Asset NYSE FANG+ETF FoF, and Mirae Asset S&P 500 Top 50 ETF FoF offered 88.82%, 37.16%, and 31.75% returns, respectively, in the mentioned period.

India is on the brink of a demographic shift redefining its healthcare landscape. With an estimated 140 million elderly citizens today—projected to rise to 350 million by 2050—the need for comprehensive senior healthcare has never been more pressing.

Subscribe to enjoy similar stories. One in every five ultra-high net worth individuals in India is either in the process of migrating overseas or plans to, according to a survey by Kotak Private Banking, a unit of Kotak Mahindra Bank. Its study found a higher propensity to migrate among professionals than entrepreneurs or those who inherited their wealth.

Subscribe to enjoy similar stories. Bengaluru-based life sciences commercialisation firm Indegene sees significant headroom for growth in the US, its largest market, despite uncertainties around the new Trump regime’s stance on regulatory and pricing issues. Top global pharma companies are doubling down on the use of technology and AI to make processes more agile, which plays to Indegene’s strengths, CEO and co-founder Manish Gupta told Mint in an interview.

«Some of the self-inflicted fundamental factors like RBI keeping liquidity tight, government going slow on spending in the first half, those are now getting unwound,» says Mihir Vora, CIO, Trust Mutual Fund. Where markets are headed. Mihir Vora: We had this good correction for five months and we had a smart bounce back. The correction had some reasons and maybe to some extent it was overdone so that overdone part is probably done. So, we have had the reset, I would say. I call it the reset in the market.

they do not want to become the 51st state of the United States. In fact, 80% of Canadians are strongly opposed to the idea, and 78% are concerned about the rhetoric from former U.S. President Donald Trump, who once referred to Prime Minister Justin Trudeau as «Governor Trudeau.»

“This initiative reflects the government’s commitment to leveraging HPV vaccination to eliminate cervical cancer, the second most common cancer among women after breast cancer,” Rao said at an event, Cervical Cancer Elimination Movement: From Awareness to Action, held in Bengaluru. The programme is being carried out in collaboration with Artist for Her, HDR Healthcare Foundation, HealthCare Sector Skill Council, ECHO India, Association of Healthcare Providers and the Karnataka State Obstetrics and Gynaecology Association. Rao said the state government is considering a proposal submitted by Artist for Her and others to expand the vaccination drive to Chikkaballapur district. “Those screened and diagnosed will receive a 90% treatment success rate.

super rich Indians wish to leave the country due to factors like living conditions here, better standard of life abroad and also easier business environment in other countries, a survey said on Wednesday. The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Kotak Private, a leading wealth manager in the country which undertook the survey in association with consultancy EY, said 25 lakh Indians migrate to other countries every year as per the foreign ministry. «One in five ultra HNIs surveyed are currently in the process of or plan to migrate,» the survey findings said, adding most of them intend to reside in their host country of choice permanently while retaining their Indian citizenship.

The retail portion of the issue was subscribed by 2.47 times, while the issue was subscribed by 4.06 times in the non-institutional investors category on the second day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.