Insights
Jan-18 The World Bank reports that Emerging Markets & Developing Economies (EMDE) growth will strengthen to 4.5 percent in 2018, reflecting a recovery in commodity exporters. However, longer term growth is likely to decline, reflecting recent investment weakness, slowing productivity growth, and demographics.
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Insights
16-Jan-18 Hospital chain VPS Healthcare has ventured into medical coding by launching a new company named Dynamed Healthcare Solutions, in Kochi, India. Development of codes is based on transcriptions of physicians' notes, laboratory tests, radiology results, etc. [image: ET Healthworld]
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Insights
16-Jan-18 Patanjali Ayurved announced two partnerships in India to sell medicine requiring prescription through Netmeds and 1mg. Other medical products will be available through Amazon, Grofers, Shopclues, Flipkart, BigBasket and Paytm Mall. [image: ET Healthworld]
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Insights
13-Jan-18 The number of mobile payment users in India surged 75% from 2016 to 56 million in 2017. This is expected to grow to 77 million in 2018 - nearly 30% of India's smartphone users. [image: Business Standard]
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Insights
12-Jan-18 Philips’ sales in the Indian market grew by 12% in the year ended Mar-17, despite intense competition in the LED lamp and luminaire segment. The company said growth was driven by diagnostic imaging and image-guided therapy product sales. [image: Philips]
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