HEALTHCARE SECTOR
“Innovation is in India’s DNA,” says PM Modi at Bharat Innovates event in France
Speaking at Bharat Innovates 2026 in France, PM Narendra Modi declared India is now a major global innovation center, actively contributing to worldwide solutions. He stressed that innovation is deeply embedded in India's culture. Modi also reassured attendees that the government is committed to continuous reforms to boost economic growth and attract investment.
PM Modi, French President Macron hold delegation-level talks
Prime Minister Narendra Modi and French President Emmanuel Macron met in Nice, France. They jointly launched 'Bharat Innovates 2026', a three-day event. This showcased India's deep-tech startups and innovators. The leaders discussed Indo-French cooperation on global challenges. They highlighted initiatives in AI and clean energy. The event aims to transform India into a global innovation hub.
AI can be more disruptive as it targets both cognitive and skill-based jobs: CEA Nageswaran
AI's impact on jobs is broader than past tech shifts, affecting both cognitive and skill-based roles, according to chief economic adviser V Anantha Nageswaran. He cautioned that current fears are overblown, driven by hype rather than evidence. While some routine tasks may be impacted, history suggests job transformation, not mass unemployment, is more likely.
12 years of Modi government strengthened India's health sector through accessibility and digital innovation: Amit Shah
India's health sector has seen historic changes in the last 12 years. Accessible, affordable, and quality healthcare is now a reality for citizens. Initiatives like Ayushman Bharat and Jan Aushadhi Kendras have established a global model for health security. New medical facilities and digital health services have expanded nationwide. This progress ensures better health outcomes for all.
Indian staffing cos step up global reach to diversify revenues
Indian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors like healthcare, engineering, and technology. This strategic move aims to diversify revenue and enhance profit margins. Firms are focusing on regions like Southeast Asia, the US, and Europe. This expansion is driven by client demand and the growth of global capability centers.
Gujarat govt to unveil New Industrial Policy 2026 on June 15
Gujarat is set to launch its Industrial Policy 2026 on June 15, aiming to accelerate growth, attract investments, and foster innovation. The policy will focus on enhancing ease of doing business and promoting advanced manufacturing. Meanwhile, Chief Minister Patel inaugurated Hexaware Technologies' new Delivery Centre in GIFT City, expected to create 1,000 skilled jobs in AI and cloud computing.
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PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picks
Amidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates limited further downside but warns of sharp swings due to prolonged uncertainty. Rising geopolitical risks and import dependence are impacting India's economy, potentially curtailing consumption demand.
'Not a great environment for Indian market': Harsha Upadhyaya on Iran-US tensions, IT outlook, pharma bet, and where to be cautious
Global challenges are impacting Indian stocks. West Asian tensions and rising US inflation create headwinds. Tech sector shifts also affect markets. Kotak AMC's Chief Investment Officer advises caution. Pharma and healthcare offer a defensive haven. Metals require trimming positions. IT services face structural slowdowns. Foreign investor flows remain a key watchpoint.
Sectoral and thematic fund inflows plunge 67% to Rs 647 crore. Are investors turning away from thematic bets?
Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away from concentrated bets towards diversified strategies. Experts believe this trend reflects a natural shift during market uncertainty. While some sectors show strong performance, others lag, making sector selection challenging.
'Time to cherry pick again': Porinju Veliyath says small and midcaps have bottomed & Thomas Cook is his latest buy
Porinju Veliyath sees the correction in small and midcap stocks ending. He believes patient investors will find rewards. Thomas Cook India is a recent fund addition. AI-leveraged midcap IT and pharma are identified as compelling themes for the next decade. The market is ready for selective stock picking. Quality businesses are available at attractive valuations.
Sweet pills: How pharma stocks delivered bumper returns to Indian investors, defying 2026 whiplash
Indian pharma stocks are outperforming the market, offering strong returns to investors. This resilience is driven by robust domestic demand and positive global healthcare trends. Analysts see long-term growth potential from aging populations and innovation. Emerging opportunities from supply chain diversification away from China also present a positive outlook for Indian pharmaceutical companies.
Customer service no longer a cost centre in AI era: HGS CEO Venkatesh Korla
Artificial intelligence is transforming the business process management sector. Companies are now prioritizing customer experience, moving away from cost-centric approaches. AI enables personalized customer interactions at scale. Hinduja Global Solutions (HGS) sees significant AI influence in its revenue. Despite recent financial dips, HGS is stabilizing and expanding its AI-led engagements. The company is also focusing on growing its healthcare business.
India's healthcare transformed in 12 years under PM Modi: Report
India's healthcare sector has seen a major transformation over the last 12 years. Health insurance coverage has expanded significantly. Maternal and child healthcare has improved. Medical infrastructure has seen a substantial increase. The government has focused on making healthcare accessible and affordable for all citizens.
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's decline
US stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflation data reminded Wall Street that the fight against rising prices is far from over. The Dow Jones Industrial Average dropped more than 450 points, falling below 50,450 during morning trading. The S&P 500 slipped over 40 points, while the Nasdaq lost nearly 200 points as technology stocks once again led declines. At the same time, the VIX volatility index jumped almost 7%, signaling growing fear among investors.
Nvidia, Broadcom, Micron stocks crash: Why are tech shares down today?
Nvidia, Micron, Broadcom stocks: There has been high volatility in the tech sector in the Wall Street.
Gujarat to introduce ‘Ultra Mega’ category in new industrial policy
Gujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is also adding more 'thrust sectors' like semiconductor ancillaries and drone manufacturing. Companies in this category can get up to 40% incentives on capital investment.
Govt outlines next phase of pharma growth
The government highlighted its achievements, reforms, and policy initiatives, aiming to boost exports from $31 billion to $50 billion by 2030. Focus remains on quality, affordability, and continuity in global healthcare supply chains.
Carlyle seeks banks for India IPO of healthcare RCM provider
Carlyle has sought investment bank pitches for a potential India IPO of its healthcare revenue cycle management platform created through the merger of Knack RCM and EqualizeRCM. Advisers may be appointed soon, while details on valuation and issue size remain undecided.
Betting big on mid and smallcaps; largecaps most expensive on PEG basis, says Dinshaw Irani
Helios Mutual Fund is shifting investments from large companies to mid and small companies. This move follows earnings growth trends where mid and small companies are showing much higher growth than large companies. The fund has added Adani Enterprises, Dixon Technologies, and CAMS to its portfolio. It is avoiding sectors like metals and US-facing pharma.
PE investor BC Investments sells Rs 612 crore stake in Emcure Pharma; Kotak MF picks up stake
Private equity firm BC Investments IV sold a Rs 612 crore stake in Emcure Pharmaceuticals to Kotak Mahindra Mutual Fund at Rs 1,700 per share. Despite this divestment, analysts remain positive on Emcure's growth outlook across its core therapeutic segments.
EV, FinTech jobs set to deliver biggest raises
Indian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors leading the hikes. Electrical engineers are projected for the highest increases at 11.2%. Geopolitical tensions and inflation could temper these projections, leading to cautious budgeting by businesses.
Trump calls court freeze on $100,000 H-1B fee ‘crazy’ and 'hurting our country'
US President Donald Trump slammed federal judges for blocking his administration's USD 100,000 H-1B visa fee, calling the system "crazy". While the White House plans to appeal, a bipartisan group of US lawmakers, state attorneys, and Indian stakeholders welcomed the ruling, warning the fee would cripple local workforces.
US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbs
US lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision crucially protects the vital employment pipeline for highly skilled Indian professionals, who systematically secure the majority of these 85,000 annual US work permits.
Ram Charan’s wife Upasana Kamineni: Inside her ₹77,000 crore family legacy and powerful role in healthcare
Upasana Kamineni, wife of Ram Charan, is a prominent figure in India's healthcare sector, managing multiple roles within her family's ₹77,000 crore business empire. She also serves as an Independent Director for a global life sciences company. Meanwhile, Ram Charan's film 'Peddi' recently released, with Upasana showing her support at a fan screening.
Avoid broad market bets now; focus on these 3 sectors instead: Shibani Sircar Kurian
Indian stock markets face ongoing volatility from West Asian geopolitical events. Despite this, earnings prospects remain strong. Investors should focus on specific companies with solid growth drivers. Kotak AMC favors large and mid-cap stocks. Banking, healthcare, and industrials are seen as key growth sectors for FY27. IT sector faces challenges, while defence offers long-term growth.
Swiss healthcare united against immigration cap plan
At a Swiss nursing home, Marcelle Mivelaz celebrated her 80th birthday surrounded by friends, as a team of mostly foreign nurses and caregivers ensured the day ran smoothly. "If there aren't enough caregivers, our healthcare system is headed for disaster," Carine Savioz, a Swiss nurse at the Cheseaux-sur-Lausanne home, told AFP. "This worries me," acknowledged 81-year-old Marie-Therese Barraz, standing next to Mivelaz.
India’s AI gap keeps global investors away, but valuations are turning attractive: Punita Kumar Sinha
India is currently sidelined from the global AI investment boom due to its lack of semiconductor manufacturing. While the Indian IT sector has corrected, market veteran Punita Kumar Sinha believes value is emerging, with domestic themes and earnings growth offering long-term potential despite near-term challenges.
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks
Invesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights smart money's movement towards large-cap financials and IT services, anticipating earnings growth driven by credit expansion and AI adoption.
Manipal Health takes Bengaluru hospital building on long-term lease
Manipal Health Enterprises has leased a 245,000-sq ft multi-speciality hospital in Bengaluru's Yelahanka for nearly 30 years, with an estimated total rental outgo of ₹816.1 crore. The lease agreement includes a starting monthly rent of ₹1.27 crore and a 10% rent escalation in the sixth year.
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