Page 10 - Indian Healthcare

As Covid-19 cases rise in India; should you keep pharma stocks on radar?

Barring Dr Lal Pathlabs, the other four healthcare related stocks listed below seem to be trapped in a range for now, charts suggest.

Focus shifts to healthcare delivery in 2023 as Covid stress eases

After three long years of Covid-induced turbulence, 2023 saw a semblance of normalcy in the health sector, allowing the government to turn its attention to other important commitments such as the elimination of sickle cell disease and the launch of Ayushman Bhav to ensure optimum delivery of health schemes. However, by the end of the year, the Covid scare resurfaced as the number of daily cases began to rise due to the emergence of new sub-variant JN.1 and cold weather conditions, prompting the health ministry to step up surveillance. The year began with concerns over the XBB.1.16 variant of the coronavirus leading to some rise in cases, but it eventually petered out, allowing the health ministry officials to focus on other priority areas. A major initiative this year has been the launch of the National Sickle Cell Anaemia Elimination Mission by Prime Minister Narendra Modi in July. The mission is aimed at elimination of the disease in India, particularly among the country's tribal

Health insurance: Govt to discuss 24-hr hospitalisation rule with Irdai

President of NCDRC, Justice Amreshwar Prasap Sahi, said that some district forums have innovated and ordered insurance cos to clear claims even when hospitalisation was less than 24 hrs

Centre may set up regulator for healthcare to expand insurance coverage

A regulator for the healthcare sector is expected to bring in standardisation and lower the costs

Govt improving citizens' health with holistic approach, campaigns: Shah

The Centre has taken up the mission to improve the health of citizens with a holistic approach by increasing the budget for it and launching various schemes and campaigns during the last one decade, Union Minister Amit Shah said here on Saturday. Addressing the 6th Advancements in Endourology Conference, Shah also thanked doctors and paramedical staff for working with dedication in the fight against COVID-19. "The Union as well as state governments and doctors across the country are working together with a holistic approach to improve the health of the people through the implementation of schemes prepared minutely during the last 10 years," he said. "The biggest work was to increase the health budget from Rs 33,000 crore to Rs 1.33 lakh crore. The government worked to improve the health infrastructure and increase human resources required for modern medical science," he added. Campaigns such as Swachh Bharat Yojana launched for prevention of diseases as well as initiatives to take

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

Besides Pai's commitment, PharmEasy raised the remaining Rs 2,200 crore from existing shareholders

Max Healthcare Institute acquires Starlit Medical Centre for Rs 940 crore

Within its current network, it has 3,533 beds, and following this acquisition, the total bed count would approximately touch around 4,083 beds

Advent International may sell majority stake in Bharat Serums & Vaccines

Global PE major in initial talks with Indian as well as foreign investors

Margin gains likely to further boost Aster DM Healthcare stock price

The company had been keen to sell the stake in the GCC business for some time now given a hypercompetitive environment, lower growth (a third of the India business) and lower margins

Experts warn of Covid spike in Kerala as vaccine-induced immunity wanes

Kerala now has 194 active cases, accounting for 61 per cent of the active cases in India

India's workforce faces rising medical inflation, reveals report

The report also revealed nearly 59 per cent skip their annual health checkups, while 90 per cent neglect regular doctor consultations to monitor their health

Rs 3 lakh is the median sum insured offered by India's employers: survey

Fifty-six per cent of companies offer maternity benefits, while less than one per cent of companies offer holistic cover for people with disabilities and 60% of companies offer new age insurance

Hospitals get post-Covid growth injection from foreign medical tourism

Robust growth in H1FY24 signals rebound in medical tourism, fuels bigger expectations

Oriental Insurance hopes to turn profitable by end of FY24: R R Singh

The public sector non-life insurer narrowed its losses to Rs 47.12 crore in the first half of the financial year 2024 from Rs 3,586.93 crore recorded in the same period a year ago

Biocon biologics receives marketing approval by MHRA for YESAFILI in UK

This approval follows the green light granted by the European Commission (EC) for marketing authorisation in the European Union (EU) back in September

Fortis Healthcare Q2 results: Net profit declines 15% to Rs 173.7 crore

The company declared results post-market hours. Fortis Healthcare Limited stock was up by 17 basis points (5 per cent) on the BSE to Rs 359.15 apiece

Apollo Hospitals Q2 profit up 14% to Rs 4,846.9 cr on better patient flows

Apollo looking for another Greenfield hospital in Mumbai is not reported

Dabur Q2 results: Net profit rises 5.1% to Rs 515 cr, ad spends grow 42.6%

Analysts, on average, had expected a profit of Rs 513 crore, according to LSEG data

Tata Capital PE plans to invest over Rs 400 cr in healthcare, senior care

This investment would be made out of the second fund (TCHF II), which has a corpus of about $130 million

WHO South-East Asia region to prioritise investment in primary healthcare

Member countries of the WHO South-East Asia Region on Tuesday committed to prioritising investment in primary healthcare in order to accelerate progress towards universal health coverage. Regional Director of WHO South-East Asia Dr Poonam Khetrapal Singh said this will help realise health-related sustainable development goals. "Prioritising investments to strengthen primary healthcare, including the health workforce, will accelerate progress towards achieving health for all and help realise health-related sustainable development goals, health security and equity promoting health systems," she said. Dr Singh was addressing a ministerial roundtable on 'Strengthening primary healthcare as a key element towards achieving universal health coverage' which culminated in the member countries and WHO signing the Delhi Declaration for strengthening primary healthcare. The declaration builds on the commitments of heads of state and government and ministers of health to strengthen primary ...