Poland will face Italy in their first ever Billie Jean King Cup semi-finals after beating the Czech Republic 2-1 in a hard-fought tie that ended in the early hours of Sunday.
'It is not just the US and European opportunity, but it is a huge global opportunity.'
The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. According to the latest data from US-based Centers for Medicare and Medicaid Services (CMMS), price erosion in calendar year 2024 (CY24) on a year-to-date (YTD) basis stood at a high of 15 per cent in the oral solid dosage (OSD) segment compared to a low of 1 per cent in CY23. This erosion, according to a report by Antique Stock Broking, was the highest in the last three years.
'API prices are dragging down margins and impacting our competitive ability.'
'However, we have seen weakness in our active pharmaceutical ingredients business.'
The pharmaceuticals sector is expected to post a revenue growth of around 13.5 per cent and a net profit growth of 30.3 per cent for the third quarter of 2023-24 (FY24), riding on the approval for niche drugs in the US market, fall in raw material prices and correction in shipping rates. In the healthcare segment, hospitals are expected to post revenue growth of 13 per cent during the coverage, while net profit growth would be around 37 per cent, ICICI Securities said in a note. However, the performance may not be comparable on a sequential basis due to the offset of the festive season in Q3FY24, the analysts noted.
Musk also heard the tale of 4-year-old Israeli-American Avigail Idan, who was taken to Gaza and freed on Sunday as a result of a hostage negotiation.
As per the details, the hostages include 13 Israeli citizens and four Thais, reported The Times of Israel on Sunday.
In a video footage shared by IDF, soldiers were seen chasing Hamas terrorists and neutralising them.
Israeli President Isaac Herzog said the instructions originated from an Al Qaeda design for chemical weapons dating back to 2003.
Amid escalating tensions in its ongoing war with Hamas, Israel is making strategic preparations for an imminent ground invasion as part of its mission to eliminate the persistent threat posed by the Hamas terrorist organisation.
The children seen in the video have not been identified yet and it is unclear if their parents were killed when the children were taken away.
Israeli Defence Minister Yoav Gallant on Tuesday said the Israel Defence Forces (IDF) is moving to 'full offence' against Hamas targets as the counter-offensive in the wake of the terror attacks rages on, The Times of Israel reported.
In an unprecedented attack that few Israelis saw coming on the Jewish holiday of Simchat Torah on Saturday, Hamas fired thousands of rockets and sent dozens of fighters into Israeli towns near the Gaza Strip.
Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.
The World Health Organisation (WHO) has classified the EG.5 strain of the SARS-CoV-2 virus circulating in different parts of the world, including India, as a 'variant of interest' but said it did not seem to pose more of a threat to public health than other strains.
The UK Health Security Agency said EG.5.1, which has been nicknamed Eris, makes up one in seven new COVID cases.
The recent India Art Fair in New Delhi generated greater interest than before in local contemporary artists among a growing cohort of Indian collectors, including millennials. But growth in Indian art is not restricted to that alone. This year saw 91 exhibitors, a much higher number than 63 in the previous edition - indicating a flourishing market. While live auction sales were largely suspended during Q2 of 2020 due to Covid-19 precautions, global fine art auctioneer Christie's says online-only sales were up 262 per cent in 2020 to $311 million), marking a record total for the channel.
Buildings and trees in Hamburg, New York state, draped in the spray of Lake Erie waves that froze on the shore during the worst winter storm in decades.
The extreme circumstances in western New York were caused by numbing cold, howling winds, and heavy 'lake-effect' snow, which was picked up by freezing air flowing over warmer lake waters.
Much of the death toll has been concentrated in and around Buffalo, located on the shores of Lake Erie in western New York state, where biting cold and heavy 'lake-effect' snow all through the Christmas weekend.
The Iranian regime issued a fatwa against the legendary novelist for his novel The Satanic Verses in February 1989.
"In no case is violence a response to words spoken or written by others in their exercise of the freedoms of opinion and expression," Guterres said, conveying his wishes for Rushdie's early recovery.
'In a marriage, you must wipe the self-helpy, holier-than-thou grime off your forgiveness to see what it truly is.'
he media cited police as saying that a man wearing body armor entered a Tops Friendly Market after 2:30 pm EST (18:30 GMT) and opened fire with a rifle.
Guterres will visit Moscow where on April 26 he will "have a working meeting and lunch with Foreign Minister Sergey Lavrov and will be received by President Vladimir Putin," Eri Kaneko, associate spokesperson for the secretary-general said on Friday.
India's ace tennis star Sania Mirza and her partner Shuai Zhang were knocked out of the women's doubles event of the Luxembourg Open.
Olympic softballers hunt roaming bear, no luck finding it so far
Niagara Falls has turned into a spectacular winter wonderland amid a brutal winter storm that has swept over a vast swath of the United States. Temperatures dropped to as low as -2F in Niagara, New York state, as tourists observed stunning displays of ice clinging on at the top of the waterfall. Large chunks of ice could be seen flowing over the tremendous volume of water, with the mist forming a beautiful rainbow. Breathtaking images show mounds of untouched snow and ice forming along the banks of the falls and river, creating a stunning wintry scene.
The nominees are Congresswoman Deb Haaland as Secretary of Interior, Jennifer Granholm as Energy Secretary, Michael Regan as administrator for Environmental Protection Agency and Brenda Mallory as Chair of the Council of the Council on Environmental Quality.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'The killings are a worrisome escalation of tensions, but little is known about the immediate causes or results of the fight in Galwan and it is not possible, at this point, to assign blame'
Cadila, Biocon developing rapid antibody testing kits; Eris, Mylan, Gland importing. There are two kinds of testing for the novel coronavirus - the real-time polymerase chain reaction test kit that uses throat or nasal swabs and provides results in a few hours, and the other is antibody-based rapid testing kit that use blood samples and provides results in a few minutes.
Weak demand from the poultry sector has resulted in a sharp decline in feed prices too, with both soybean and maize prices falling by nearly 25 per cent in the past two months. The poultry market consumes around half of soybean and maize production in India.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Six young Indian designers showcased their stylish ideas and vision to make India a fashion destination.
These showstoppers are giving us major summer goals.
© 2024 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Feedback - About us - Terms of use - Grievances