pharma imports

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Country needs time to build up domestic capacities, till then reduce dependence on those ‘perfect’ imports

JPMorgan has shifted its stance on Indian equities to neutral, citing high valuations and geopolitical uncertainties. The brokerage warns of a potential 15% Nifty 50 decline in a worst-case scenario, impacting earnings due to energy supply risks. While the long-term outlook remains robust, near-term caution is advised, with other emerging markets potentially offering better opportunities.

Persistent Systems aims for $2 billion revenue by FY27. CEO Sandeep Kalra sees AI creating new opportunities, not just reducing costs. The company reported steady March quarter revenue. Kalra highlighted a platform-led approach and robust growth in top accounts. Persistent is investing in capabilities for long-term growth and adaptability.

What sets Qdenga apart is that it can be administered regardless of a prior infection. A phased rollout could take place as early as this year

A prolonged Middle East conflict could significantly impact India's exports, both regionally and globally, due to supply chain disruptions, Commerce Secretary Rajesh Agrawal warned. He urged the pharmaceutical industry to reduce reliance on imported raw materials and build stronger domestic capacities to mitigate these risks and ensure continued growth in the sector.

The US has imposed up to 100% tariffs on patented drugs and certain metals, aiming to boost domestic manufacturing. While India's generic drug exports are largely exempt, firms producing branded medicines or inputs for patented drugs may face pressure. Developed nations are expected to bear the brunt of these new measures.

A young doctor resigned on her first day at a private hospital, alleging a system prioritizing profit over patient care. She claimed unnecessary admissions and prolonged ICU stays were encouraged to inflate bills. Her viral video has ignited widespread debate on healthcare ethics and the profit-driven nature of some private hospitals.

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US President Trump has imposed steep 100% tariffs on imported patented medicines and new duties on steel, aluminium, and copper. This aims to compel companies to manufacture within the US, with exemptions for some nations. The move seeks to bolster domestic production and national security, building on previous trade actions.

So far, not badly. High forex reserves & low inflation cushioned the first blows. GOI’s managed to avoid a crude oil supply shock. It all depends now, on when the conflict ends

Industry has urged the government to address supply chain disruptions impacting sectors from pharmaceuticals to plastics. Suggestions include loan relief for small businesses, a "green corridor" for goods, and restricting certain input uses. Rising freight rates and a potential container crunch are also major concerns.

An empowered group of officials has begun assessing demand and supply chains to mitigate the impact of the West Asia conflict. The government is prioritizing food and fuel availability, exploring alternative import sources and potential duty cuts to stabilize prices. Efforts are underway to secure LPG supplies, with a focus on diversifying from West Asian sources.

Prime Minister Narendra Modi's cabinet committee on security discussed measures to diversify import sources for key sectors like chemicals and pharmaceuticals due to the West Asia conflict's global economic impact. The government is preparing short-, medium-, and long-term strategies to safeguard citizens and ensure the availability of essential goods like fertilizers and coal.

India has launched an anti-dumping probe into Chinese ethyl chloroformate imports following a complaint by domestic producer Paushak, alleging unfair pricing that harms local industry. The investigation, initiated by the Directorate General of Trade Remedies, will assess if duties are needed to protect Indian manufacturers. This move is part of a broader effort to curb cheap imports.

Despite billions invested in women's health globally, AIDS remains a leading killer of young women, and maternal deaths persist. Sophie Harman's book reveals how political calculations and corporate interests often overshadow genuine progress.