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Industry leaders emphasized the need for academia and industry collaboration to equip India's youth for AI-centric jobs. AI is poised to significantly reduce healthcare costs and bridge the talent gap, enabling remote medical expertise and improving diagnostic efficiency. This technological revolution presents a substantial opportunity for India's demographic dividend.
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India is preparing to create 'champion' public sector companies. These firms will boost economic growth and technology. The goal is to help India become a developed nation by 2047. These companies will get more freedom in decisions and talent hiring. They will use new technologies for better performance. This initiative aims to strengthen India's strategic role globally.
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India's chief negotiator Darpan Jain will lead a delegation to Washington next week to finalize the legal agreement for the India-US trade deal, aiming for a March signing. The visit follows the finalization of an interim trade agreement framework, with virtual talks ongoing to translate contours into a legal pact.
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Fortis Healthcare reported a 19% revenue growth in its hospital business, driven by acquisitions and brownfield expansions. The company anticipates reaching 70% occupancy within a year and is on track for margin expansion, with hospital EBITDA expected to reach 24-25%.
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News and Media
Indian companies are reporting strong earnings growth. Metals and oil & gas sectors are leading the charge. Even excluding these, growth remains robust. Auto, capital goods, NBFCs, and PSU banks are showing healthy gains. Smallcaps are also recovering. Despite this, market sentiment is cautious, particularly for mid and smallcap stocks. Investors need to be selective.
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News and Media
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