Page 18 - Pharma Sector News Today

Covid is back. Should you bet on pharma funds to earn better returns ? Synopsis Pharma funds are staging a comeback. After slipping on the return charts in the last six months, pharma funds are topping the charts once again in the last one month. Pharma funds are staging a comeback. After slipping on the return charts in the last six months, pharma funds are topping the charts once again in the last one month. With more than 10% returns in one month, the funds have toppled international sector ...

Exports in FY22 to be on upswing, says Commerce Secretary Anup Wadhawan ANI | Updated: Apr 20, 2021 14:50 IST New Delhi [India], April 20 (ANI): Commerce Secretary Anup Wadhawan said on Tuesday that exports out of India are on an upswing and the government is hopeful of positive growth in the current financial year 2021-22. The exports recorded a significant contraction in April last year but activities have started gathering momentum, he said. In spite of ...

Country will overcome second COVID wave with combined efforts of all: PM By Mansoor|   Updated: 20th April 2021 10:09 pm IST PM Narendra Modi (Twitter) New Delhi: The country is again faced with a big battle against COVID-19 and conditions will improve with the decisions taken in recent days, Prime Minister Narendra Modi said on Tuesday and stressed that lockdown should be the last option. In his address to the nation, Modi said the people were undergoing suffering but “we need to fight ...

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witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20, Pharmaceuticals Export Promotion Council of India (Pharmexcil) said on Saturday. "We have observed a big leap in our exports in the month of March 2021 which is USD 2.3 billion (figures for March are provisional) and is highest among the exports of all the months of this financial year, the growth rate for this month is 48.5 per cent against the exports in March 2020 (USD 1...

Indian pharma exports touch record $24.44 bn in pandemic year; see 18.07% growth North America is the largest exporting region for India with more than 34 per cent share. Country wise exports to USA, Canada and Mexico recorded growth of 12.6 per cent, 30 per cent and 21.4 per cent respectively Joe C Mathew | April 17, 2021 | Updated 16:18 IST Pharma exports see 18.07% growth Indian pharmaceutical exports have registered a record growth in the pandemic year (2020-21), bucking the global trend o...

Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...

Capital expenditure in industrial sectors is expected to rise 45-55 per cent in financial year 2021-22 as the economy gains from a governments scheme to boost productivity, said a report by Crisil Research on Tuesday. The India Outlook Report expects gross domestic product (GDP) growth to be at 11 per cent in fiscal 2022, after an estimated 8 per cent contraction this fiscal. The next fiscal, like the current, will have a low base “optical” growth in the first half and a rebound in the se...

Domestic pharma market is witnessing a slow recovery, with growth crawling to 1.1 per cent in February after a 4.5 per cent growth in the previous month. December, in fact, was a strong month — the industry clocked an 8.5 per cent growth. In February, the key therapy areas of the Indian Pharmaceutical Market (IPM) witnessed slow growth — while cardiac grew 7.3 per cent compared to 8.8 per cent in the month before, anti-diabetic reported 4.3 per cent growth. Sheetal Sapale, president, mar...

Prime Minister Narendra Modi on Friday said the production-linked incentive (PLI) scheme would lead to output worth $520 billion in India in the next five years, while industry asked for clarity on implementation across sectors. Modi said the government was working at every level to promote industry through measures like ease of doing business, reducing the compliance burden, creating multi-modal infrastructure to reduce logistics costs, and constructing district-level export hubs. “Our eff...