Health

Mumbai, July 8 (IANS) Shares of Cupid Limited plunged 11 per cent on Wednesday after hitting a record high of Rs 226 earlier in the session, marking the stock's biggest one-day decline in six months. Heavy profit booking erased early gains, with the stock falling as much as 20 per cent intra-day before recovering some losses to close at Rs 197 per share.The sharp decline marked one of the stock's steepest single-day falls in 2026 and its biggest intra-day crash since January 2, when it had also plunged 20 per cent during the session.The sell-off also snapped Cupid's three-session winning streak, during which the stock had scaled fresh record highs every day and crossed the Rs 220 mark for the first time.Despite Wednesday's correction, the stock continues to deliver exceptional long-term re...

New Delhi, July 8 (IANS) India’s medical‑device sector is emerging as a regional innovation hub, with exports reaching $4 billion in FY2025 and the country is identified as Asia‑Pacific’s 'access‑led innovator', a report said on Wednesday.The report from Bain & Company said India exports medical devices to over 125 countries and imports of high-end medical devices in the country stood at $5.5 billion, highlighting the next opportunity for innovation.The report was developed in partnership with the Agency for Science, Technology and Research, Enterprise Singapore (EnterpriseSG), JP Morgan, SG Growth Capital and the Singapore Economic Development Board (EDB).Asia-Pacific, including high-growth markets including India becoming one of the world's most important demand centres. The region's...

Seoul, July 8 (IANS) South Korea's exports of biopharmaceutical products are expected to post the highest level on record in the first quarter this year, government data showed on Wednesday.The product category's estimated exports for the first six months of the year was $4.5 billion, up 15.3 percent, according to the Ministry of Food and Drug Safety, reports Yonhap news agency.They accounted for 86.5 percent of all pharmaceutical exports of $5.2 billion in the first half.Biopharmaceutical exports have risen from $4.9 billion in 2023 to $7.6 billion in 2025. Should the trend continue, the ministry expects this year to post the highest amount of exports on record.South Korea-produced biopharmaceuticals were exported to a total of 163 countries as of June, with exports to Switzerland the hig...

New Delhi, July 7 (IANS) Union Minister of Health and Family Welfare J. P. Nadda on Tuesday chaired a virtual review with K. Muraleedharan, Minister for Health, Government of Kerala, to review implementation and progress of key health programs in the state.The meeting focused on the implementation and progress of major flagship initiatives in Kerala, including the TB-Mukt Bharat Abhiyaan, Free Drugs Service Initiative, Free Diagnostic Service Initiative, Human Resources for Health under the National Health Mission (NHM), Medical Education, Drug Regulation, and Food Safety and Standards.The discussions stressed strengthening healthcare delivery, improving access to quality medicines and diagnostics, augmenting health infrastructure and human resources, the statement from the Ministry of Hea...

New Delhi, July 6 (IANS) The healthcare initiative of the government, Ayushman Bharat Digital Mission (ABDM), has built one of the world's largest digital health ecosystems, with more than 104 crore health records now linked to over 93 crore Ayushman Bharat Health Account (ABHA) accounts, according to an official fact-sheet released on Monday.The mission is helping create a citizen-centric digital healthcare ecosystem by enabling secure management of health records, reducing paperwork, cutting waiting times at hospitals and seamlessly connecting patients with hospitals, doctors and insurers on a unified digital network, it added.Launched in September 2021, ABDM aims to build the digital backbone required to achieve universal health coverage by making healthcare services more accessible, ef...

New Delhi, July 5 (IANS) The Maharashtra Food and Drug Administration (MFDA) has reportedly issued a public warning against the use of three cosmetic products after laboratory tests found dangerously high levels of mercury and lead, prompting concerns over serious health risks.The regulator declared Goree Beauty Cream, Face Fresh Gold (Beauty Cream + Beauty Serum) and Golden Star Beauty Cream as substandard after tests revealed that the products contained heavy metals beyond the permissible limits.The MFDA cautioned that prolonged use of these cosmetics could have severe health consequences, including damage to the kidneys, nervous system and skin. Consumers have been advised to immediately stop using, purchasing or distributing these products.The investigation also found that the products...

New Delhi, July 4 (IANS) Union MoS for Science & Technology, Earth Sciences, Dr. Jitendra Singh, on Saturday, called for a mission-mode national response against liver epidemic and the sharp rise in Type-2 diabetes in the country.The minister said a response must be driven by preventive healthcare and mass public awareness, adding that these diseases are now appearing at much younger ages than before.This changing disease profile, he said, demands a corresponding shift from curative healthcare towards prevention, early detection and lifestyle modification.The liver epidemic and the sharp rise in type-2 diabetes in India are part of a larger metabolic nexus, with disorders such as fatty liver, hypertension, dyslipidaemia and insulin resistance closely interconnected and predisposing one...

Mumbai, July 4 (IANS) India’s mergers and acquisitions' deal value jumped 31 per cent (year‑on‑year) to $86.9 billion in the first half of 2026, even as deal volumes eased 8 per cent, highlighting fewer but larger transactions, a report has said.The report from London Stock Exchange Group (LSEG) said momentum was concentrated in Q2 (April-June), which totalled $66.9 billion, more than triple the prior quarter and the highest quarterly total since Q2 2022, driven by a handful of large restructurings, cross-border acquisitions, and domestic consolidation.Healthcare, industrials and financials saw solid activity, while high technology remained active by volume but eased in value. Overall, dealmaking continues to focus on scale, portfolio realignment, and selective outbound expansion into deve...

New Delhi, July 3 (IANS) Consumer goods and healthcare services are sectors with a positive outlook, with consumer goods sector expected to witness a revenue growth of 17.3 per cent CAGR in the 2025-2030 period, a report said on Friday.The report from Brickwork Ratings said the strong revenue growth of the consumer goods sector is driven by credit growth, GST cuts, unlocking of demand from Tier-II/Tier III cities, and premiumisation.Meanwhile, tailwinds for the healthcare services sector include strong interest and debt coverage ratios, a medical tourism market of an estimated $13 billion, and expansion of the Ayushman Bharat Programme to senior citizens over the age of 70.“We expect the economy to remain anchored by 7.7 per cent GDP growth in FY26, supported by strong manufacturing and se...

New Delhi, July 2 (IANS) Niti Aayog on Thursday unveiled a strategic roadmap to accelerate the globalisation of Ayurveda, saying that expanding the traditional system of medicine worldwide can unlock significant opportunities in healthcare, wellness products and medical value travel while strengthening India's position as a global leader in traditional medicine.In its report titled Strategic Roadmap for Making Ayurveda Global, Niti Aayog said Ayurveda is already a well-recognised and regulated traditional system of medicine in India and has steadily expanded its international footprint through government initiatives, bilateral collaborations and academic partnerships.The report said Ayurveda is now formally recognised in nearly 30 countries through different licensing models, academic coll...