HEALTHCARE AFFORDABILITY
Aim of health coverage to all above 70 is to address challenges faced by them, Rajya Sabha told
The Indian government has expanded the Ayushman Bharat scheme to provide free healthcare benefits up to Rs 5 lakh per year for all citizens aged 70 and above. This initiative addresses the healthcare and economic vulnerabilities of senior citizens. Enrolment is application-based and can be accessed via mobile app or web portal.
MNC pharma: Time to relook at them? 8 pharma stocks, 4 with an upside potential of between 16 and 47%
In the past four years, several MNC pharma companies announced the sale of a part of their businesses in India. Some of this was part of global readjustments being made at the parent companies¡¯ level. The question for us: Will these restructured MNC pharma stocks ¨C which have been underperforming for some time ¨C make a comeback on the street? The answer depends on multiple factors ¨C from how the sale proceeds were used, to whether, post-restructuring, the focus is on a 100% subsidiary. Either way, these stocks should be on your watchlist as news flow around them increases in the coming quarters.
Can't afford this kind of spectacle in mother of democracy: Dhankhar on Rajya Sabha disruptions
Vice President Jagdeep Dhankhar criticized the repeated disruptions in the Rajya Sabha, emphasizing that such actions are not befitting of the world's largest democracy. He praised Arunachal Pradesh Assembly for setting a positive example, and highlighted the region's development under the Act East Policy, urging political parties to prioritize national interest for India's growth.
Mark Cuban who endorsed Harris is now willing to join rival Musk and Ramaswamy's DOGE; how will things work out, here's a breakdown
What happens when three innovators¡ªMark Cuban, Elon Musk, and Vivek Ramaswamy¡ªcome together to shake up federal healthcare? Cuban, the billionaire entrepreneur behind Cost Plus Drugs, has hinted at teaming up with Musk and Ramaswamy¡¯s DOGE to revolutionize Medicare and Medicaid.
Charitable hospitals to cover ESIC beneficiaries
Employees' State Insurance Corporation (ESIC) beneficiaries gain access to quality healthcare through the convergence with Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). The initiative includes charitable hospitals and offers comprehensive care with no financial cap on treatment costs, benefiting over 14.43 crore ESI beneficiaries nationwide.
How new buyers are moving towards luxury living, leaving affordable home
India's real estate market is experiencing a surge in demand for luxury homes, driven by evolving lifestyles and aspirations. Buyers prioritize luxury homes offering convenience, amenities, and a holistic living experience. This shift is fueled by rising incomes, pandemic-induced preferences, and the desire for self-sufficient communities, impacting the affordable housing segment.
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ESIC plans convergence with Ayushman Bharat PM-JAY: ESIC members set to get access to 30,000 hospitals under Ayushman Bharat PM-JAY
The current health infrastructure, which includes 165 hospitals, 1590 dispensaries, 105 Dispensary cum Branch Offices (DCBOs), and around 2900 empanelled private institutions, would continue to provide medical services under the ESI Scheme. The ESI Scheme's integration with AB PM-JAY will enhance and reinforce ESIC's efforts to offer the nation's workforce and their dependents high-quality, easily accessible healthcare
Beta Drugs raises Rs 117 crore from HealthQuad
Beta Drugs secured Rs 117 crore from HealthQuad and other investors to expand globally and boost operational capabilities. The oncology-focused company aims to be among India's top five in the sector within five years, leveraging its strong manufacturing, R&D, and expanding export markets.
Blood stained clothes: Harvey Weinstein seeks $5 million damages from NYC for unhygienic prison
Harvey Weinstein has filed a legal claim against New York City, accusing Rikers Island jail of failing to provide necessary medical care and subjecting him to unsanitary and inhumane conditions. His lawyer claims that the former movie mogul, who suffers from chronic myeloid leukemia and other serious health issues, has been denied proper treatment and care. Weinstein seeks $5 million in damages for medical malpractice and violations of his constitutional rights.
Dr. Oz could lead CMS: What it means for Medicare, Medicaid, and Trump's Health Agenda
Former television host and Senate candidate Dr. Mehmet Oz has been nominated by President-elect Donald Trump to lead the Centers for Medicare and Medicaid Services (CMS).
Wockhardt chairman seeks GST exemption for antibiotics discovered in India
Wockhardt founder sought GST exemption for antibiotics discovered in India. He said this will make the drugs more affordable. The statement was made at an event to celebrate the scientific completion of the first indigenously developed antibiotic Nafithromycin. Nafithromycin is the first macrolide antibiotic in 30 years for community-acquired bacterial pneumonia.
Donald Trump nominates TV doctor Dr. Mehmet Oz to oversee Medicare and Medicaid services
Donald Trump appointed Dr. Mehmet Oz to lead a major US healthcare agency. The agency oversees health insurance for millions. Oz, a TV personality, ran for Senate in 2022. He will work with Robert F Kennedy Jr. The agency manages a large portion of the US healthcare budget.
Will a second Trump presidency be good for the middle class Americans or bad? Here's what it means
In the wake of Donald Trump's victory in the U.S. elections, the big question on everyone's mind is whether his second term will be beneficial or detrimental to the middle class.
IIT Guwahati and Assam government launch symposium to drive indigenous healthcare innovation in northeast India
IIT Guwahati and the Assam Government joined forces to launch the Assam Advanced Healthcare Innovation Institute (AAHII), aiming to bolster India's healthcare self-reliance. The initiative, inaugurated through a symposium, will feature a state-of-the-art campus with a super-specialty hospital and research labs, fostering indigenous medical technology development to reduce import dependency and enhance healthcare accessibility.
SC notice to Centre on plea to include ayurveda, yoga in Ayushman Bharat
The Supreme Court is currently reviewing a petition to incorporate Ayurveda, Yoga, and Naturopathy into the Ayushman Bharat healthcare scheme. The petition argues that inclusion would provide affordable healthcare to a larger population and create employment opportunities while promoting India's traditional medical systems.
IIT Guwahati Research Park Foundation strengthens innovation through three strategic MoAs
IIT Guwahati Research Park Foundation has partnered with three organizations to boost research and development in sustainable urbanization, healthcare innovation, and deep tech entrepreneurship. These collaborations aim to address critical urban challenges, reduce dependency on imported medical equipment, and foster local expertise in emerging technologies within the Northeast region.
Kamala Harris vows end to Gaza war, lower healthcare costs, protect reproductive freedom at Michigan rally
Democratic presidential candidate Kamala Harris pledged to end the war in Gaza, secure Israel's safety, and ensure the Palestinian people's rights. She vowed to lower healthcare costs, make housing and childcare affordable, safeguard reproductive freedom, and signed legislation restoring it nationwide. Harris and Trump remain tied in recent polls.
In letter to PM, Cong's Tagore questions logic behind decision to hike prices of 8 essential drugs
Congress MP Manickam Tagore writes to PM Modi, expressing concern over NPPA's decision to hike prices of eight essential drugs by 50%. Tagore urges for an independent review committee to assess the impact on patients and healthcare, emphasizing the need for transparency and balanced pricing policies.
Harris warns Trump will slash Obamacare; Trump says he never mentioned it
Kamala Harris warned voters that Donald Trump would roll back healthcare programs if he wins, highlighting his attempt to repeal Obamacare. The race is historically close, divided along gender lines. Both candidates are campaigning for Hispanic support, with Harris criticizing Trump¡¯s comments on women and immigration.
In volatile times, defensive stocks or defensive businesses? The two are different. 7 stocks from second category with an upside potential of up to 32%
Last Friday was probably the sixth time in 2024 that practically all sectoral indices were in the red. Needless to say, the market breadth was extremely poor. There was only one index in the green ¨C the FMCG Index. The narrative was the same: FMCG stocks are doing well because they are defensive stocks. Should you buy into this narrative? Cut back to Wednesday for an answer: The biggest FMCG company declared its quarterly results with a 4% YoY drop in net profit. On Thursday, the stock tumbled 6%. So, in just three days: Defensive stock, to poor results, to drop in stock price.
Big chase for a cancer drug: The urgent need for affordable Keytruda alternatives
Keytruda, a cancer treatment drug, has achieved $25 billion in global sales. Its mechanism boosts the immune system to fight cancer. In India, its high cost limits access. With patents expiring soon, Indian companies are developing more affordable versions. Efforts are also focused on expanding indications and improving financial access.
Metro Group to invest Rs 225 cr on new housing project in Thane
Metro Group plans to invest Rs 225 crore in a premium real estate project called 'The Presidential' in Thane's Pokhran Road area. The company aims to develop 100 flats over an acre of land and complete the project in three years. Apartment prices range from Rs 2.25 crore to Rs 6 crore.
Why technology alone can't fix India¡¯s big healthcare divide
India's healthcare gap can't be bridged by technology alone; infrastructure and human resources are essential. Rural areas face severe deficiencies in medical facilities and professionals. Affordability and awareness also present major challenges, requiring comprehensive investment and public health campaigns to address these deep-rooted issues.
Middle class in America? This is what a Trump presidency would mean for you
As the presidential election season heats up, one promise that remains a constant across party lines is the vow to lift the middle class. However, despite this rhetoric, the rich continue to get richer, while the middle class shrinks with each passing presidential cycle.
Ratan Tata¡¯s personal story behind his commitment to cancer treatment in India
Ratan Tata's commitment to cancer treatment was deeply influenced by personal loss, having lost both his parents to the disease. This fueled his mission to improve cancer care in India, leading to significant contributions through Tata Trusts. Under his leadership, Tata Memorial Hospital in Mumbai expanded, and cancer care centers were established across multiple states. Tata's initiatives, like the Distributed Cancer Care Model, aimed to make cancer treatment accessible and affordable for all.
Ayushman Bharat PM-Jay scheme introduced by PM Modi marks six years since launch
The Ayushman Bharat PM-JAY scheme, launched by Prime Minister Narendra Modi on September 23, 2018, celebrated its sixth anniversary. The scheme provides health coverage of Rs 5 lakh per family annually for secondary and tertiary care to over 55 crore individuals. Recently, the Union Cabinet approved extending benefits to all senior citizens aged 70 and above.
These two new documentaries could change the U.S Presidential elections
When the healthcare system turns out to be the field of war for equity, what happens then? Exactly there are two powerful documentaries, that emphasize on exposing the profound effects on the related disparities. Both of the films urge the audience to face the excruciating reality about the future of medicines.
Indian medicine wows Chinese diplomat: Soar throat, neck pain gone at minimum cost
Yu Jing, a spokesperson for the Chinese Embassy in India, recently praised Indian medicine for effectively curing her sore throat and neck pain, calling it "incredible" and noting its "good quality at a reasonable cost." Her social media post, which garnered over 500,000 views, highlights India's reputation for affordable and effective healthcare. This positive feedback comes amid ongoing efforts by India and China to ease tensions along the Line of Actual Control (LAC).
Med in India: Quality, affordability, access
Drugs made locally, be it under patent or generic, must be of high and uniform quality. Variations in quality has dogged the domestic pharma sector. Uneven quality of medicines will undermine the Jan Aushadhi scheme geared to making prescription drugs affordable, even as GoI has more than doubled its spend on it. The drug regulatory structure must be overhauled for greater accountability and transparency
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