What ails India's pharmaceutical sector?
Unlike mature markets such as the US, where drug prices are market-controlled, here, the government and regulators play a pivotal role in the entire process. Regulators fix both the price companies pay for bulk drugs and the price at which they sell their products in the market, leaving little leeway to earn profit. For Indian pharma, this is a double-edged sword.
Govt likely to take more steps to deal with financial sector problem: Rajiv Kumar, NITI Aayog VC
The government since August has taken severa...
Financial services sector: Tackling demand and credit crises
With banks risk-averse & NBFCs facing liquidity crunch, the sector wants to rega...
Dalal Street week ahead: Financials lose momentum; realty & metals take charge
A cautiously positive outlook is advised for the coming week.
Govt to stop substitutable coal import; can go for auction of 100 fully explored new blocks: Joshi
The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act 1957 and Coal Mines (Special Provisions) Act 2015.
BNP sees Sensex at 44500 by year-end, turns bearish on the consumer sector
FMCG spending could also be impacted due to rise in telecom tariffs.
Government relief only hope, else telecom sector headed for duopoly: Analysts
Industry experts are divided over the likely outcome of the sector heading towards a duopoly with two private telcos-Reliance Jio and Bharti Airtel plus one PSU- BSNL with a limited reach. While Vodafone Idea is reeling under the debt of Rs 53,000 crores as AGR payment, Airtel is better financially placed to pay its statutory dues of Rs 35,000.
Nabard projects Bengal's credit potential at Rs 1,91,289 crore
"The resource is limited. The assessment helps us creating a roadmap on how best the resource can be allocated keeping special focus on less developed districts," Nabard's chief general manager in Kolkata Subrata mandal told ET. Nabard has unveiled the state focus paper for 2020-21 on Friday.
Half of world economy dependent on nature: WEF study
Releasing the Nature Risk Rising Report ahead of its 50th Annual Meeting, the World Economic Forum said about 25 per cent of our assessed plant and animal species are threatened by human actions, with a million species facing extinction, many within decades.
Share market update: Nifty Financial Services index down; PFC falls 1%
The Nifty Financial Services index was trading 0.49 per cent down at 14583.75.
View: What India needs is a corporate bond market, not a new DFI
The demand for a term-lending institution to fund infrastructure is pure nostalgia and has little to grounding in reality.
Govt's proposed discom scheme positive measure for the power sector
ICRA Vice President and Sector Head Girishkumar Kadam said the availability of grants was not an earlier part of the UDAY scheme. Nonetheless, timely implementation of such capex and the proactive focus by state discoms is critical, given that the scheme is result-oriented and subject to performance, he said.
Essar resolution to have significant impact on financial ecosystem: Satish Gupta, Essar's Resolution Professional
"The resolution of Essar Steel with realisation of more than Rs 42,000 crore has significant impact on financial ecosystem. With availability of funds and committed additional infusion of Rs 8,000 crore by ArcelorMittal, Essar Steel’s under-utilised productive asset can now operate at its optimal level of production and enhance capacity utilisation," the resolution professional of Essar Steel said.
HDFC Bank Q3 results preview: All eyes on slippages in auto, agri sectors
Motilal Oswal expects the bank to report a 24 per cent YoY jump in profit to Rs 6,950 crore.
Budget likely to unveil ‘Fund of Funds’ for MSME sector
It would be modeled on the lines of FoF suggested by former Sebi chairman-headed panel on MSME.
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