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India

CCI’s M&A Overhaul: Stricter Scrutiny, Faster Approvals Under New Rules

News on HR

India’s merger and acquisition (M&A) landscape has undergone a significant transformation with the recent amendments stemming from the Competition (Amendment) Act, 2023. Notified on September 9, 2024, these changes introduce stricter regulatory scrutiny while aiming to enhance ease of doing business. The new framework sets clear deal value thresholds, accelerates decision-making processes, and broadens the …

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India Became ‘Pharmacy of the World’ During Covid-19: JP Nadda

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Union Minister of Health and Family Welfare, JP Nadda, hailed India as the ‘Pharmacy of the World’ on Monday while emphasizing the country’s significant contributions to global healthcare during the Covid-19 pandemic. Nadda was speaking at the 19th International Conference of Drug Regulatory Authorities (ICDRA) in New Delhi, where leaders from over 120 countries gathered …

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Heatstroke Took 374 Lives, Over 67,000 Cases Till July 27: Health Ministry

Article

India has reported 374 deaths and 67,637 cases of suspected heatstroke from March 1 to July 27 this year, according to Minister of State for Health Anupriya Patel. The alarming figures were disclosed in the Lok Sabha on Friday. The latest data reveals a significant increase from the earlier estimates provided by the Ministry of …

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India Leads Asia-Pacific Region’s M&A Deals in Q1 2024: S&P Global

India showed impressive numbers in merger and acquisition (M&A) deals in the Asia-Pacific region’s financial sector in the first quarter (Q1) of 2024, with 27 deals closed. This outpaced other countries in the region, such as Japan with 13 deals, Australia with 12, South Korea with 11, and Mainland China with nine, according to S&P …

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80% of Public Health Facilities in India Are Substandard, Reveals Government Survey

A recent government survey under the National Health Mission (NHM) has revealed that nearly 80% of public health facilities in India fail to meet the minimum standards for infrastructure, manpower, and equipment. This self-assessment exercise involved over 200,000 facilities, out of which only 8,089 scored 80% or higher for compliance. The government aims to make …

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ADB Approves $170 Million Loan to Strengthen Health Sector in India

Article

The Asian Development Bank (ADB) has approved a $170 million policy-based loan to enhance India’s readiness and capability in the health sector to address future pandemics. This funding, under the Strengthened and Measurable Actions for Resilient and Transformative Health Systems (Subprogramme 1), will support the implementation of the government’s National Health Policy 2017. The policy …

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Finance Says No to Health Request for $10-Million Fund to Meet G20 Pledge

The Global Initiative on Digital Health (GIDH), launched during India’s G20 Presidency, remains unfunded by India despite a $10-million pledge. This initiative, a key deliverable from the Health Ministers’ meeting in Gujarat on August 19 last year, was part of the New Delhi declaration. The GIDH, formally initiated on February 20, 2024, by then Health …

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India Considering Lowering Personal Tax Rates to Boost Consumption

The Indian government is contemplating lowering personal tax rates for certain categories of individuals in the upcoming Budget 2024, potentially boosting consumption in Asia’s third-largest economy. This plan might be announced in July when Prime Minister Narendra Modi’s government presents its first federal budget after the Bharatiya Janata Party (BJP) failed to secure a majority …

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Pakistan May Face T20 World Cup Elimination Due to “State of Emergency”

Pakistan’s hopes of qualifying for the T20 World Cup 2024 Super Eight stage hinge on their match against Ireland on Sunday. Even a narrow win could secure their spot, provided the USA loses to Ireland on Friday. However, the situation is complicated by the state of emergency declared in Fort Lauderdale due to life-threatening flash …

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India vs. Pakistan T20 World Cup Match at Nassau County International Cricket Stadium

India faces Pakistan in a highly anticipated T20 World Cup match at Nassau County International Cricket Stadium, Eisenhower Park, New York. The pitch conditions and security measures are crucial for the event. When the old rivals square off on Sunday, a confident and well-adjusted India will attempt to exploit Pakistan’s unpredictability and lack of familiarity …

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