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JP Nadda on Wednesday said the government's expenditure on healthcare has reached 1.84 per cent of GDP and is steadily moving towards the target of 2.5 per cent. In his reply to a discussion on the working of the Ministry of Health and Family Welfare, Nadda said in 2013-14, the allocation of funds for healthcare was around Rs 38,000 crore and at present, it has reached Rs 99,000 crore or assume it to be Rs 1 lakh crore. «In 2013-14, the government health expenditure, which includes state and the Centre, was 1.15 per cent, and when the policy was enunciated, it was 1.35 per cent, and now, it is 1.84 per cent of GDP, and we are going very steadily towards 2.5 per cent,» Nadda said. The National Health Policy 2017 has prescribed increasing government health Expenditure (GHE) as a share of GDP to 2.5 per cent by 2025.

Elon Musk, tech billionaire and US President Donald Trump's close ally, has claimed that his life was at risk over his role in the Trump administration and drastic cuts made to the federal workforce by a newly created department- DOGE. The Department of Government Efficiency (DOGE) has been created by US President Donald Trump and led by the world's richest man has been tasked with cutting US government jobs and other spending. Musk is leading the effort to drastically reduce the federal workforce and weed out what he sees as taxpayers' money being wasted. In an exclusive interview to Fox News, Musk said, «They basically want to kill me,» over the drastic and potentially illegal cuts made at DOGE has made to the federal government and workforce. ALSO READ: Canada under siege: Is Trump planning a 'Canschluss'?

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renewable energy (RE) sector may soon face regulatory pressures taking cues from Europe and China to combat emerging challenges such as grid disturbances, subsidy-driven incentives, and negative energy prices, according to a report by JM Financial. The report refers to the situations arising in Western countries, including China, which is a major player in international renewable energy. «As the share of RE in the supply mix in India increases, we expect domestic policies to be influenced by global experiences in the next 3-4 years,» the report added.

LIC shares will be in focus on Wednesday after the state-owned insurer confirmed it is in the final stages of acquiring a stake in a health insurance company, CEO Siddhartha Mohanty said on Tuesday. Without naming the target company, Mohanty stated that discussions are at an advanced stage, and a deal is expected to be announced before March 31. «It is a natural choice for LIC to enter health insurance. Discussions are in the final stage,» Mohanty told reporters on the sidelines of the GCA25 event.

Anand Rathi has a buy call on Venus Pipes & Tubes with a target price of Rs 1,700. The current market price of Venus Pipes & Tubes is Rs 1299.9. The time period given by the analyst is a year when Venus Pipes & Tubes price can reach a defined target. Venus Pipes & Tubes, incorporated in 2015, is a Small Cap company with a market cap of Rs 2540.90 crore, operating in the General sector. Venus Pipes & Tubes' key products/revenue segments include Pipes & Tubes and Other Operating Revenue for the year ending 31-Mar-2024.

Oracle said on Wednesday it would provide Singapore's defense technology arm with «isolated» cloud computing and AI services, in the company's first such deal in Southeast Asia. Southeast Asian governments are frequent targets of cyber espionage campaigns and are facing escalating supply chain attacks, according to security researchers. Under the deal, the US firm will provide Singapore's armed forces and defense ministry with an «air-gapped» isolated cloud computing infrastructure — meaning that it will be cut off from the internet and connected instead to classified networks via encrypted devices.

Adani Green Energy shares will be in focus on Wednesday after five fundamental rights petitions against its wind energy projects in northeastern Sri Lanka were withdrawn. The petitions were withdrawn after the Attorney General filed a motion following Adani Green Energy's decision to cancel its wind energy projects and notify the Board of Investment.

Zydus Lifesciences shares will be in focus on Wednesday after the company secured final approval from the US Food and Drug Administration (USFDA) to manufacture a generic version of Apalutamide tablets, used to treat prostate cancer. The approval covers Apalutamide tablets of 60 mg strength, the company said in a regulatory filing. The drug will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad.

Elon Musk’s Department of Government Efficiency (DOGE) likely violated the Constitution by dismantling the U.S. Agency for International Development (USAID), indefinitely blocking DOGE from making further cuts. The ruling requires the Trump administration to restore email and computer access to all USAID employees, including those on administrative leave. However, it does not reverse firings or fully reinstate the agency. In one of the first lawsuits directly targeting Musk, U.S. District Judge Theodore Chuang in Maryland rejected the Trump administration’s claim that Musk is merely an adviser to President Donald Trump. Citing Musk’s public remarks and social media posts, Chuang found that Musk has “firm control over DOGE.” He highlighted a post in which Musk claimed to have “fed USAID into the wood chipper.” The judge warned that USAID’s ability to fulfill its legal obligations had likely been compromised. “Taken together, these facts support the conclusion that USAID has been effectively eliminated,” Chuang wrote in the preliminary injunction.

Washington has been pushing for a full, 30-day ceasefire as a first step towards a wider settlement of the grinding three-year-old war. But in a 90-minute call with Donald Trump on Tuesday, Russian President Vladimir Putin refused, insisting that any such deal would be contingent on the West halting all military aid for Ukraine. According to the Kremlin, Putin has already ordered his military to pause strikes against Ukrainian energy targets for 30 days. The highly anticipated Putin-Trump call also resulted in the announcement that Russia and Ukraine will exchange 175 prisoners each on Wednesday.

The Fed will release its latest policy statement on Wednesday, where the central bank is widely expected to keep interest rates unchanged, along with its updated summary of economic projections (SEP).

Subscribe to enjoy similar stories. Artha India Ventures, which has bet on a range of companies including OYO, and space startup Agnikul, has raised ₹330 crore for Artha Select Fund (ASF), a follow-on investment fund focused on backing winners in its existing portfolio, a person with direct knowledge of the matter told Mint. New limited partners, or investors, in this round include Ashok Bharadia, chairman and managing director of Wallfort Financial Services, Harshal Morde, director of sales and marketing of Morde Foods, Manish Chhabra, managing director and CEO of Hygienic Research Institute Private Ltd (HRIPL), David Wilson, general partner at venture capital firm TYR Ventures, and Hira Group Family Office, among others, the person cited earlier said on the condition of anonymity.

Subscribe to enjoy similar stories. New Delhi/Mumbai: E-commerce aggregator 10Club, operated by Boxseat Ventures Pvt Ltd, is close to shutting shop, less than four years after it drew attention by raising $40 million in early-stage money in the highest seed-funding round by an Indian startup.

Subscribe to enjoy similar stories. New Delhi: Vodafone Idea Ltd is discussing ways to catch up with larger rivals Reliance Jio and Bharti Airtel Ltd in the domestic satellite internet race, even as it is set to roll out its 5G cellular broadband network. Jio and Airtel recently announced partnerships with US-based Starlink Services to roll out Elon Musk’s satellite internet service in India, although they will have to wait for government approvals.

India is making significant strides towards becoming self-reliant in solar cell and module manufacturing. As per estimates from Rubix, an analytics services provider, imports of solar cells and modules declined by 20 per cent and 57 per cent respectively in the first eight months of 2024-25.

Brigade Group, a real estate developer, and Gruhas, the investment arm of Zerodha co-founder Nikhil Kamath and Abhijeet Pai, have launched India’s first real estate tech and sustainability-focused investment fund—The Earth Fund. The Rs 300 crore fund, set up under Zoiros Projects Private Limited, includes a Rs 200 crore SEBI-registered Category II Alternative Investment Fund (AIF) and a Rs 100 crore green-shoe option. The Earth Fund aims to support startups that address challenges in the built environment through innovation and sustainable solutions. The fund will target early-stage tech startups, specifically those in Pre-Series A and Series A stages, working on real estate, construction, and sustainability solutions.

VHP on Tuesday condemned the violence in Maharashtra's Nagpur over a demand to remove Mughal emperor Aurangzeb's tomb in Chhatrapati Sambhajinagar and sought «strictest action» against those involved. At least 45 people have been arrested in connection with the violence that erupted on Monday, Nagpur district guardian minister Chandrashekhar Bawankule said on Tuesday. As many as 34 police personnel and five other persons suffered injuries in the incident, he added. Condemning the incident, Vishva Hindu Parishad (VHP) general secretary (organisation) Milind Parande alleged that «a section» of a particular community carried out attacks and arson. «Houses of our youth wing Bajrang Dal workers were attacked, they targeted many houses… The Vishva Hindu Parishad condemns all this in the strongest terms,» he said in a statement. «It is extremely shameful that, on one hand, a lie was spread that the Hindu community had burnt the verses… on the other hand, a despicable attempt was made to incite violence. Strictest action should be taken against all such anti-social elements,» he added. The senior VHP functionary said glorification of Aurangzeb's tomb in Chhatrapati Sambhajinagar should be stopped and no thought given to improve it.

Subscribe to enjoy similar stories. Grade-A office spaces are seeing a drop in vacancy levels, along with improving occupancies, as the leasing trajectory is likely to maintain the good run in the March quarter (Q4FY25), too. Demand for commercial properties continues to be led by global capability centres (GCCs), rising traction in flexible workspaces, and IT/ITes.

Subscribe to enjoy similar stories. KHARKIV, Ukraine—In a snowy forest not long after dawn, a four-wheeled drone churned through the mud toward its target: a Russian bunker, where it eventually arrived and exploded. More drones followed.

Lok Sabha during the ongoing Budget session of Parliament, highlighting the significance of the Maha Kumbh. He said the entire world witnessed the grandeur of India during Mahakumbh. «I am here to give statement over Maha Kumbh which was held in Prayagraj. Through this House today, I salute the people of the country because of which the Maha Kumbh was held successfully. Several people had a role to play in the success of Maha Kumbh. I thank all the 'karm yogis' of the government and society.»