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Defence Minister Rajnath Singh on Monday asserted that India is setting new benchmarks in medical research and developing indigenous solutions to global health challenges through gene therapy and nuclear medicine. India's health system is also emerging as more self-reliant, he said addressing the 22nd convocation ceremony of the King George's Medical University, Lucknow. "Today, India's health system has emerged as more self-reliant, accessible, affordable, modern and people-centric as compared to earlier times. Today, India is developing indigenous solutions to global health challenges through gene therapy, nuclear medicine, and other modern technologies," Singh said. The Lok Sabha MP said the country's scientists have successfully demonstrated an indigenous gene therapy for the treatment of haemophilia, while scientists at an institute in Pune have developed a state-of-the-art nanomedicine for treating breast cancer. The 'Production Linked Incentive' scheme, he said, has given fr
State-owned Bank of Baroda (BoB) on Thursday said it reached an out-of-court settlement with NMC Health PLC, NMC Healthcare Ltd, and NMC Holding Ltd, with USD 600 million (about Rs 5,700 crore) paid through its Abu Dhabi Branch. The case involved proceedings under Abu Dhabi Global Market (ADGM) and UK insolvency regulations, and the UAE civil law in relation to NMC Health PLC, NMC Holding Ltd and NMC Healthcare Ltd, BoB said in a regulatory filing. "NMC Health PLC, NMC Healthcare Ltd, NMC Holding Ltd, and their respective Joint Administrators, have resolved the claims between them and the Bank of Baroda in consideration for, inter alia, payment by Bank of Baroda of USD 600 million, pursuant to a settlement agreement," it said. All claims, causes of action, etc. between them have been resolved without admission of liability or wrongdoing, it said. The settlement agreement and its terms otherwise remain confidential, it said, adding that the liability of the bank in these proceedings
President Droupadi Murmu on Friday expressed confidence that India would eradicate sickle cell disease well before the 2047 target, and stressed the need for collective efforts to raise awareness and eliminate the genetic blood disorder, particularly among tribal communities. Addressing a state-level programme on World Sickle Cell Day in the pilgrimage town of Omkareshwar in Khandwa district, she also urged all state governments not to take the sickle cell disease lightly. Murmu said the country would achieve its national goal of eliminating the disease much ahead of schedule through the combined strength and active participation of all states. "I am confident that with the collective strength and proactive efforts of all states, we will certainly succeed in achieving our national goal of eliminating sickle cell disease from the country well before 2047," she said. Prime Minister Narendra Modi had launched the National Sickle Cell Anaemia Elimination Mission from Shahdol district o
Prime Minister Narendra Modi on Sunday said the country has worked to make quality healthcare more affordable and accessible in the past 12 years, and the government will keep working on all such initiatives to build a healthy India. Modi also said the government feels proud when "India is known as the nation with the world's largest healthcare programme, Ayushman Bharat, which provides top-quality healthcare to the most vulnerable". "Over the last 12 years, India has worked to make quality healthcare more affordable and accessible," he said in a post on X. The prime minister said other efforts like PM Bharatiya Jan Aushadhi Pariyojana have made medicines, stents and knee implants affordable, and this has helped many people. At the same time, he said, medical education has also become more accessible to people due to more institutions and seats being available. "We will keep building on this ground covered so far in order to build a healthy India," he said. The 'MyGov India', a .