Pharma cos' revenue to grow 6-8% in FY24: ICRA
Revenue growth will be driven by steady performance across key markets — the U.S. and India — and some recovery in growth in the European market.
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Brent crude hits $124 per barrel as EU agrees to ban 90% of Russian oil
The European Council agreed to immediately cut 75% of Russian oil imports.
Gold ruled 2020. Will it reign 2021 too?
Gold exchange traded funds added a record 877 tonnes during 2020, nearly 231 tonnes more than the 2009 record of 646 tonnes. Experts argue much of gold's growth drivers will continue in 2021 too.
St. Moritz: Where culture and adrenaline meet
St. Moritz is a village in the Engadin valley, in the Swiss Alps. A combination of top class sporting events, designer shopping, and breathtaking views make it the perfect winter holiday destination.
Covid-19: VC-backed healthtech deal values soar
Venture capital investment in healthtech hits $8.2 billion in the first quarter of 2020, the highest quarterly total on record, says Preqin; large deals continue to be made.
Covid-19 takes a toll on alternative assets outlook
Though investors are revising their commitments to alternatives in 2020, most are not adjusting their longer-term plans, says Preqin.
Markets are yet to bottom out
Analysts with varied views have the 2008 global financial meltdown as the nearest comparable to the Covid-19 pandemic. But they are agreed on one thing: the need for caution.
‘India won’t get stuck in 5% GDP growth scenario’
As a result of the Covid-19 crisis, India can become an attractive investment destination, says Jaspal Bindra, executive chairman, Centrum Group.
China’s road to recovery could be lengthier
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
Markets fall for fifth consecutive day
The S&P BSE Sensex has lost over 1,577.34 points (-3.82%) while the Nifty 50 has lost over 492 points (-4.06%) over coronavirus concerns in the last five trading sessions.
