“The large private sector banks is one such pack, while there are of course near term headwinds, credit growth has slowed down, there are pockets of asset quality stress, and margins have been under pressure, we believe that the valuations for that largecap banking space specifically the private sector banks is possibly more than capturing … Read more
New Delhi: Apollo Hospitals has partnered with Microsoft to integrate artificial intelligence (AI) and digital transformation into healthcare delivery. This collaboration will focus on co-innovation, research, and developing advanced healthcare solutions, including work on disease progression, genomics, and multi-modal models. Dr. Madhu Sasidhar, President and CEO of Apollo Hospitals, emphasized the transformative potential of the … Read more
“Midcap segment is extremely expensive and that is something we will wait out and see how it plays out,” says Aniruddha Naha, PGIM India.What do you make of the market setup? A lot of stocks have corrected because the headline index is down 10% from highs, but if you look at a lot of midcap … Read more
HMPV outbreak: How much would a HMPV test cost in Delhi? Check rates here India recorded two new cases of the Human Metapneumovirus (HMPV) on Tuesday, bringing the total number of cases in the country to seven. The recent cases were identified in Nagpur. Previously, on Monday, two cases were reported in Bengaluru, and one … Read more
While India’s long-term growth story remains promising, slower earnings recovery and external headwinds could prevent returns from reaching the double-digit growth seen in 2024, says Rahul Singh, CIO – Equities, Tata Mutual Fund.Edited excerpts from a chat on outlook for 2025 and where to invest in the new year:Sensex and Nifty are poised to end … Read more
New Delhi: While the general consensus on AI “hallucinations” – the generation of plausible but false information – are concerning, scientists are increasingly recognising their potential for driving innovation and discovery, report has said, adding that these unexpected outputs from AI models are proving surprisingly useful in fields ranging from medicine to climate science. According … Read more
Sachin Gupta, Founder & CEO and Nithya Balasubramanian, CFO, IKS Health in talks with ET Now. Balasubramanian says IKS expects to do much better than the industry growth rate of 12%. In terms of margins as well, they hope to touch a steady state of around the early to mid-30s EBITDA margins. With the AQuity … Read more
Chandigarh: The Telemedicine Society of India (TSI) and PGIMER‘s Department of Telemedicine, Chandigarh, jointly launched TELEMEDICON 2024 with the theme “Virtual Healthcare and the Role of AI,” a press release stated. The conference, held on Friday, attracted healthcare and technology experts from across India. Dr Biman Saikia, chairperson of the event, opened the first session … Read more
London: The integration of artificial intelligence (AI) in clinical trials has transformed healthcare by enhancing data analysis, predicting outcomes, and expediting drug development. However, this innovation comes with significant legal and ethical challenges, as AI systems rely heavily on vast datasets from clinical trials, raising concerns about consent, data origin, and ethical standards, says GlobalData. … Read more
Revenue from goods and services tax (GST) levied on healthcare and life insurance services fetched over Rs 16,000 crore last fiscal, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha on Monday. In all, Rs 16,398 crore was collected as GST from healthcare and life insurance services in FY24, including Rs 8,135 crore … Read more