Search Result for : Healthcare

The Dollar Business Bureau Various steps have been taken by Government to enhance trade and commercial relations with African countries, the minister for Commerce and Industries told the Upper House. Replying to a question in the Upper House, Nirmala Sitharaman said bilateral trade between India and African countries are reviewed regularly, including through bilateral mechanisms like of Joint Trade Committee Meetings and Joint Commission Meetings. The 4th India-Africa Trade Ministers’ Meeting was organized in New Delhi on October 23, 2015. Negotiations to enter into Free Trade Agreement with the Common Market for Eastern and Southern Africa (COMESA), a Regional Economic Community in Africa, Preferential Trade Agreement with the South African Customs Union (SACU) and a Comprehensive Economic Co-operation Partnership Agreement (CECPA) with Mauritius ...

The Dollar Business Bureau  The Indian Prime Minister who visited the US and met the American President Donald Trump on June 26, also had a closed-door meeting with 20 top US CEOs the very same day. Many CEOs, according to Mukesh Aghi, President of US India Business Council (USIBC) who spoke to the Indian media, reiterated their ‘commitment to investing in India a very large amount.’ ‘Almost half a dozen of them made a very large dollar commitment,’ Aghi said, refusing to divulge the details of the amount and the names. The meeting which lasted for 90 minutes, ended on a positive, win-win note he said.  The PM had responded favourably to all the questions that the CEOs raised, which revolved around defence, ...

The Dollar Business Bureau  The cost of overall healthcare could rise after the implementation of Goods and Services Tax (GST) as some of the products and services will be levied with 15-18% tax, while healthcare has been exempted, said Apollo Hospitals Chairman Prathap C Reddy on Tuesday. Reddy said that if there is a surge in the cost of healthcare by up to 2%, hospitals would be able to absorb the increase but any hike beyond that would have to be borne by the patients. “There is no GST for us but there are services and some products with GST rate ranging from 15 to 18% that have fallen on us. So, after GST the cost increase for hospitals will be around 2% ...

The Dollar Business Bureau A seven-member Indonesian team led by Consul General Saut Siringoringo is in Kerala, looking to explore the possibility of collaborating with the Kerala government in trade, healthcare, tourism and education. The team will also interact with the Kerala chapter of CII and with the Trivandrum Chamber of Commerce (TCCI). The Indonesian team has another agenda- to attract Kerala businesses, investors, traders and buyers to attend the 32nd edition of the four-day Trade Expo Indonesia (TEI) being organised by the Indonesia Ministry of Trade in ICE-BSD City - Banten from October 11. In the previous edition of TEI, around 150 buyers from Kerala, Tamilnadu, Maharashtra, Karnataka and Gujarat had clocked the maximum transactions. Indian buyers topped the list and Indonesia ...

By Kanchi Batra The 3rd edition of Global Exhibition of Services (GES) was off to a bright start on Monday with ‘best of the global services” on display at the India Expo Mart & Centre in Greater Noida. Intensifying in its scale and scope by bringing three new services areas – environmental services, space, and sports services – and more exhibitors to its fold, GES 2017 is set to open new doors for services sector in India and prove to be a real game changer. The services sector of India is not only the leading sector contributing to India’s GDP, it has also garnered momentous foreign investment flows and contributed to exports. This sector contributed about 61% to India's GDP, rising strongly ...

Sneha Gilada The pharma bigwigs, after the government recently imposed a cap on stent prices, are in for another rough ride as PM Modi seeks to make prescription of cheap generic drugs binding on doctors. Speaking at the inauguration ceremony of a charitable hospital in Surat on April 17, Narendra Modi vowed to take on the mantle of making healthcare affordable to the Indian middle class and poor. In his speech, he averred that the health policy was being revamped after a gap of 15 years. The last time it was updated was back in 2002. The new health policy lays special emphasis on the pricing of drugs included in the National List of Essential Medicines (NLEM), along with the timely revision of the list. "Price control ...

The Dollar Business Bureau  The state of Uttarakhand was separated from its former territory of Uttar Pradesh in 2000 with the objective of exclusively providing development aid to more than 16,000 sparsely inhabited villages in its mountainous areas. But in the sixteen years following this separation, little has been done to improve healthcare and other basic facilities.  These sub-par public services have once again taken the spotlight, as elections to the state were recently held.  World Bank has stepped up to loan an amount of $100 million to up the healthcare services in the thirteen districts of Uttarakhand. A credit agreement of the said amount was signed between the international lending institution, the Centre and the state of Uttarakhand.  Medical aid in the hilly regions of the northern state is ...

The Dollar Business Bureau  Drug making company Zydus Cadila said on Wednesday that it has got approval from the United States health regulator to sell methotrexate tablets, a drug used in chemotherapy, in the US market.  “The company has received final approval from the US Food and Drug Administration (USFDA) to market the drug,” Zydus Cadila said in a filing with BSE. The drug will be produced at the company’s manufacturing unit in Ahmedabad, Gujarat.  The Gujarat-based company now has over 105 approvals and till now has filed around 275 ANDAs (abbreviated new drug applications) since 2003-04.  Cadila Healthcare Limited is a leading global pharma company, and its arm Zydus Pharmaceuticals Inc. is a leading generic pharma company in the US. Zydus Cadila ...