Despite supply chain issues easing, patients seeking weight-loss drugs like Wegovy and Zepbound are turning to cheaper compounded versions sold online. High costs and insurance hurdles are driving this trend, even as manufacturers work to increase availability and curb the use of less-regulated alternatives.
Recent attacks on transit drivers offer snapshot into an issue that has long been a concern on transit, and could have far reaching implications for employees, riders and the systems themselves.
From 2021 to 2022, estimated annual electric vehicle sales increased 65%. In the most recent quarter of this year, year-over-year growth was about 11%.
For the July-September 2024 period, net profit is expected to decline by 3% year-on-year, based on the average estimate from four brokerages. Sales, however, are projected to increase by 13% year-on-year, according to the estimates.
Thirdly, there are some global factors as well that what is the trajectory of China's stimulus, so that has been one of the key factors, which in the last year, when some of the FIIs might have thought about China also as an investment class. But after that, again, China has corrected as well
Nilesh Shah, MD of Kotak AMC, suggests that Indian investors should explore global opportunities in innovative technologies. He highlights the rapid advancements in energy and pharmaceutical sectors, emphasizing the need for diversified investments to mitigate risks. Shah advocates for increasing the overseas investment limit for mutual funds, enabling Indians to participate in potentially high-growth sectors like disruptive technologies.
Earnings have been a little underwhelming. And US bond yields have shot up and that technically, obviously and that has added to a rich valuation. All these three factors are obviously creating what they are creating right now in the market
Adani Ports shares fell 4% to 1,336.30 after reporting October cargo handling of 37.9 MMT, while year-to-date cargo volume rose 8%, driven by strong container and liquid growth.
