Healthcare Financial News

BSE Sensex. The largest fund, GQG Partners Emerging Markets Equity Fund, bought JSW Energy Ltd., Patanjali Foods Ltd., Macrotech Developers Ltd., Max Healthcare Institute Ltd. and IDFC First Bank Ltd.

Shares of Sobha Ltd.(up 3.72 per cent), DLF Ltd.(up 2.64 per cent), Macrotech Developers Ltd.(up 0.8 per cent), Swan Energy Ltd.(up 0.69 per cent) and Mahindra Lifespace Developers Ltd.(up 0.62 per cent) ended the day as top gainers in the pack. On the other hand, Prestige Estates Projects Ltd.(down 0.75 per cent) and Godrej Properties Ltd.(down 0.32 per cent) finished as the top losers of the day.

Benchmark NSE Nifty closed 27.7 points up at 20997.1 amid buying in frontline bluechip counters. However, stocks such as Penta Gold, Bohra Industries, Raj Rayon, Blue Jet Healthcare and Sheetal Cool, touched their fresh 52-week lows.

ONGC share price with gains of more than 2% was the largest gainer amongst Nifty stocks in morning trades on Monday. The stock is also trading close to its 52-week highs. The investor sentiments that earlier had taken some beating with decline in Brent crude prices however have rebounded will .

Rishi Sunak's team are in New Delhi this week to add momentum behind the ongoing round of negotiations for an India-UK free trade agreement (FTA), according to a UK media report on Saturday. 'The Guardian' newspaper reports that while there is no official comment from either side on such a visit, Prime Minister Narendra Modi-led government is keen to finalise the FTA by the end of February before Modi sets off on an expected general election campaign trail. Both countries are heading into an election year in 2024 and signing off on a trade agreement with India will bolster Sunak's electoral pitch to voters showing signs of anti-incumbency towards his governing Conservatives.

hospital admissions entailing an expenditure of Rs 77,298 crore have been authorised under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana till November 30, Union Health Minister Mansukh Mandaviya told Lok Sabha on Friday. As of December 2, a total of 26,774 hospitals, including 11,733 private facilities, across the country have been empanelled to provide healthcare services to the scheme beneficiaries, he said, adding that 4.98 crore claims have been submitted between financial years 2020-21 and 2023-24 as of November 30. The AB PM-JAY is the largest publicly funded health assurance scheme in the world which aims to provide health cover of Rs 5 lakh per family yearly for secondary and tertiary care hospitalization to 12 crore families, the Union health minister said.

Weight-inclusive health care means a focus on better health with no weight loss required. This includes practices such as eating for overall well-being rather than for the number of calories. It may also include prioritizing activities to reduce stress, avoiding smoking, drinking less alcohol and striving to be physically active in enjoyable ways.

rise of AI has sparked concerns among employees who perceive it as a potential job killer in various industries such as manufacturing and automation, transportation and logistics, healthcare, finance and banking, retail and e-commerce, customer service and support, agriculture, and legal services. According to a report by Goldman Sachs, there could be a loss of 300 million jobs due to AI.

Max Healthcare Institute Ltd announced its complete acquisition of Starlit Medical Centre Pvt Ltd for an enterprise value of ₹940 crore, on Friday. This strategic move grants Max Healthcare ownership of the 550-bed Sahara Hospital located in Lucknow. The company has successfully finalized a binding share purchase agreement (SPA) to acquire a full 100% stake in Starlit Medical Centre Pvt Ltd.

RBI Raises UPI Transaction Limits: The Reserve Bank of India announced key revisions of UPI payment limits on Friday. The RBI has raised the UPI payment limit to hospitals and educational institutions to Rs 5 lakh. Previously it was Rs 1 lakh. RBI has also hiked the cap for e-mandates for recurring payments to Rs 1 lakh.

₹1,000 crore over the next 18 months towards consolidating, building operational excellence, and growth through expansions, chairperson Nandini Piramal told Mint in an interview. “For the second half of the fiscal year, the company plans to deploy around ₹330 crore, focusing on revenue gain, operational excellence, and making the added brownfield capacities more productive," Piramal added. “And then probably on similar lines, ₹660 crore for the full fiscal year.

Shares of Pfizer Ltd.(up 0.91 per cent), Gland Pharma Ltd.(up 0.82 per cent) and GlaxoSmithKline Pharmaceuticals Ltd.(up 0.07 per cent) ended the day as top gainers in the pack. On the other hand, Glenmark Pharmaceuticals Ltd.(down 3.15 per cent), Zydus Lifesciences Ltd.(down 2.94 per cent), Torrent Pharmaceuticals Ltd.(down 2.24 per cent), Alkem Laboratories Ltd.(down 1.91 per cent) and Granules India Ltd.(down 1.68 per cent) finished as the top losers of the day.

By Tetsushi Kajimoto

By Phuong Nguyen

Mahesh Patil, CIO, ABSL AMC, says “a lot of the domestic sector focus are looking good, especially the kind of value what we have seen in the industrials, capital good, the power stocks, the backbones of the economy. If that is starting to recover, then we could see the broader market sustaining. But the recent rally has primarily been in the largecap space which was lagging behind. We have seen a good amount of money flow in the mid and smallcap space, That seems to have turned around. “ It has been a historic week, stepping into a historic month. What is the market construct looking like to you? So, yes, I think this month has been fairly good. We have seen positive results from the electorate in the state elections. The markets have taken a positive outlook that the election outcome would be slightly favourable and globally, also, despite all the concern about growth slowdown, we have seen a decent amount of rally.

UPI payment transactions for educational and healthcare purposes. In measures announced after its monetary policy review, the central bank has also increased the limit for e-mandates used to make recurring payments, such as buying mutual funds and paying insurance and credit card bills. The RBI has also proposed to set up a fintech repository to keep track of the increasing linkages among banks, NBFCs and fintechs. The limits of UPI transactions for payments made to hospitals and educational institutes have been raised by five times from Rs 1 lakh to Rs.

Canadian companies are now paying more than $1 million in ransomware attacks, according to a new study.

Cost of Living LIVE Updates December 8: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

RBI Monetary Policy (MPC) Meet: Reserve Bank of India Governor Shaktikanta Das made two announcements related to the Unified Payments Interface (UPI) in India, one specific and one with broader ramifications for the online payments ecosystem. The first announcement Das said is for "enhancing UPI transaction limit for specific categories" such as payments to hospitals and educational institutions from the current ₹1 lakh to ₹5 lakh. "The limit for various categories of UPI transactions has been reviewed from time to time.

HCL Technologies Ltd.(up 1.76 per cent), MphasiS Ltd.(up 1.5 per cent), LTIMindtree Ltd.(up 1.29 per cent), Persistent Systems Ltd.(up 0.81 per cent) and Infosys Ltd.(up 0.78 per cent) were among the top gainers. were the top losers on the index.

Bharat Forge Ltd.(up 0.73 per cent), Tube Investments of India Ltd.(up 0.65 per cent), Balkrishna Industries Ltd.(up 0.44 per cent), Tata Motors Ltd.(up 0.18 per cent) and Eicher Motors Ltd.(up 0.11 per cent) were among the top gainers. Ashok Leyland Ltd.(down 0.56 per cent), Hero MotoCorp Ltd.(down 0.45 per cent), Bosch Ltd.(down 0.3 per cent), TVS Motor Company Ltd.(down 0.27 per cent) and Bajaj Auto Ltd.(down 0.24 per cent) were the top losers on the index.