Healthcare Financial News

mutual funds, equities and insurance play a vital role in financial planning. When it comes to health insurance, youngsters generally have a misconception that it is only for older people. This misconception is nothing new, it has been passed on to people for ages.

Investments in alternative real estate surged in the final quarter of 2023 to $418.7 million after a slow start in the first three quarters, boosting overall annual inflows to $650 million and signalling robust investor confidence. Alternatives had a 51% share of total inflows during Q4 2023, indicating strong demand in segments including data centres, student housing, life sciences, and schools. Overall, student housing accounted for about 60% of investment inflows within alternatives during the year, said Colliers. «As India's real estate sector closes yet another promising year, institutional investments saw an increase of 10% and stand at $5.4 billion — the highest since 2020.

On Dec. 31, 1975, I drove into Manhattan with a few friends to see the New York Rangers play at Madison Square Garden—“The World’s Most Famous Arena." We sat in the blue nosebleed seats and a cigar smoker a few rows down—yes, this was before they banned smoking indoors—would sometimes block our view with smoke rings. There were more fights in the stands than on the ice.

India Inc. joined the cheer for the New Year. Taking to X (formerly Twitter) on Monday, Anand Mahindra, shared a long note on why 1st January continues to hold such a fascination among the masses across cultures.

₹766.47 crore for 5,338 projects across sectors during January-November 2023. "The corporation assisted around 5,338 projects, with total sanctions & disbursements of ₹766.47 crore and ₹547.11 crore respectively, in diverse sectors – education & training, food processing, handlooms & handicrafts, healthcare, hotels & tourism, microfinance etc.

The government’s proposal to certify practitioners of traditional medicine, those who do not have a medical qualification or standardised professional training but still seem to be effective at what they do, is a bad idea. The government would do well to abandon such a move. What it should do, instead, is try and understand the science behind esoteric practices that have no place in the standard medical practice taught in recognised medical colleges but are effective in the real world.

₹388 to ₹475 per share by Japanese broking firm Nomura. As of 10:55 am, the stock was trading at ₹443.95 apiece on the NSE, reflecting a 5.90% increase. Also read: GST collection in December rises 10% YoY to ₹1.65 lakh crore Nomura expressed confidence in the company's potential for margin expansion, citing various levers in place.

The years closer to retirement bring with it a sense of accomplishment. For a lot of senior citizens, it is a time to unwind and enjoy the fruits of their labor. It is an ideal time for them to think about their legacy and get a handle on their assets – a responsibility that can be effectively addressed by making a Will.

mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 28 APRIL 2014 CATEGORY EQUITY TYPE FLEXI CAP AUM* Rs.8,593 crore BENCHMARK NIFTY 500 TOTAL RETURN INDEX WHAT IT COSTS NAV** GROWTH OPTION Rs.43.81 IDCW** Rs.28.49 MINIMUM INVESTMENT Rs.500 MINIMUM SIP AMOUNT Rs.500 EXPENSE RATIO# (%) 1.77 EXIT LOAD 1% for redemption within 15 days *AS ON 30 NOV 2023 **AS ON 26 DEC 2023 #AS ON 30 NOV 2023 FUND MANAGER RAKESH SHETTY (left)/NIKET SHAH 1 YEARS/1 YEARS, 4 MONTHS Recent portfolio changes New entrants Bajaj Finserv, BSE, Navin Fluorine International (Oct). Complete exits Interglobe Aviation, Max Healthcare Institute (Oct).

artificial intelligence’s impact on our public consciousness better than leading dictionary publishers Collins naming the abbreviation of the term — ‘AI’ — as their word of the year. Yet, we are still only at the advent of this technology revolution. With many rapid developments in GenAI tech, tools and proof of concepts, 2024 is poised to be the year of acceleration.

AAP convener and Delhi Chief Minister Arvind Kejriwal in an excise policy-linked money laundering case, the party held meetings of its national executive and council on Sunday. The meeting, held in virtual mode, came a day after Kejriwal returned from his vipassana (meditation) session in Hoshiarpur, Punjab. Speaking to the AAP functionaries at the national executive meet on Sunday, Kejriwal said that organisational building was his top priority. Taking the example of Punjab government's performance, Kejriwal said, «It shows what a government can do when there is full statehood.

technologies coming up. If you are looking at the growth of the Indian economy, and you want the economy to grow at a nonlinear pace, then you will have at least these three technologies on the cusp of momentous growth. The first big prediction for the next year is the growth in the space sector.

ETtech looks back at some of the key developments.

Sonia Dasgupta, managing director & CEO of investment banking at JM Financial Limited spoke to ET about the trends in private equity markets in 2023. Excerpts of the interview: Can you elaborate on three significant trends in the private equity market in 2023? Increasing focus on Buyouts- Funds committed by private equity investors for control/buyout deals have doubled in 2023 (Rs 77,000 crore) as compared to 2022 (Rs 37,000 cr). There is increased comfort from private equity funds to cut larger cheques for control deals in India, given the opening up of diverse exit avenues such as secondary market sales, strategic sales, and IPO exits among others. (Select large buyouts in 2023 include Manipal Hospitals, HDFC Credila, CARE Hospitals / KIMS Health). b) Emergence of the Healthcare sector: India has seen an increase in investments in the hospitals/healthcare sector (Rs 39,000 crore)in 2023 as compared to Rs 6,500 cr in 2022), with 2023 seeing large investments in Manipal Hospitals, CARE Hospitals, Indira IVF, Maxivision Eye Hospitals among others. Life sciences has become a key investment theme for global funds and these funds are looking to bring global scale and operating expertise to the space.

India arm of British multinational group Compass Group PLC which manages large office complexes and food services for corporates, is looking to make India among the top five markets for the company, Vikas Chawla, MD of Compass Group India told ET. The company is looking to expand its facility management business from 2 million sq ft to 10 million sq ft as employees are returning back to offices and corporates continue to lease big space. “In India, the share of facility management business is much higher than globally and we will continue to expand both the verticals.

Subdued IT demand remains a sore point for Info Edge However, not all the non-tech sectors saw a surge in hiring between October and November 2023. Job recruitment in telecom, retail, FMCG, and real estate were also severely hit. Notably, The IT sector continued to remain impacted and the overall hiring in the industry was 22% lower in the October-November period vs the 2022 base.

Russia, External Affairs Minister S. Jaishankar signed three documents relating to the Kudan Kulam Nuclear Power Plants, an MoU on cooperation in pharmaceuticals and healthcare and a Protocol on Foreign Office Consultations according to a release of the Ministry of External affairs. The EAM was on a visit to Russia from December 25 to 29 as a part of the ongoing high-level exchanges between the two sides. During his visit, Jaishankar called on Russian President Vladimir Putin in Moscow and held discussions with the Deputy Prime Minister and the Minister of Industry and Trade, Denis Manturov, as well as the Minister of Foreign Affairs, Sergey Lavrov. «Three documents relating to the Kudan Kulam Nuclear Power Plants, an MoU on cooperation in pharmaceuticals and healthcare and a Protocol on Foreign Office Consultations were signed during the visit,» the Ministry of External Affairs said in a release.

U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as investors eyed easier monetary policy in the year ahead. The stock market has seen remarkable upward momentum in the closing months of the year, powering all three major indexes to monthly, quarterly and annual gains. For the year, all three posted double-digit growth. «On January of this year, 363 days ago, if I said I think the S&P is going to gain more than 20% in 2023, you would have put me into the slightly nutty category,» said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York.

By GursimranKaur Mehar and Mrinmay Dey

The IPO market limped ahead in 2023 and analysts expect a steadier recovery ahead

McKinsey report, supply chain impacts account for more than 80% of greenhouse gas emissions and more than 90% of the impact on air, land, water, biodiversity and geological resources. In an era where environmental consciousness is paramount, companies are assuming heightened social responsibilities, often compelled by evolving regulations that advocate for sustainable transformations.