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Private hospitals may opt out of govt health plans

Bengaluru: The contribution of government health schemes to the revenues of India's leading private hospital chains is declining, a possible sign that private healthcare providers may be reevaluating their participation. Experts said profitability squeeze due to payment delays, low reimbursements and pricing curbs may be the reasons. While hospital chains have not announced that they are limiting their particip ation in government health programmes, Max Healthcare, Narayana Health, Fortis Healthcare and HealthCare Global are among those that have reported revenue impact and highlighted challenges in managing these schemes.Typically, state-backed health schemes, such as the Central Government Health Scheme (CGHS) and the Ex-Servicemen Contributory Health Scheme (ECHS), account for about 25% of revenue at most top private hospitals, according to data from business advisory firm Praxis Global Alliance.Praxis Global Alliance told ET that the revenue share of government schemes could dr...

Trump's Iran war: Lost in the muddle

from Economic Times https://ift.tt/3ZV5Sw0

Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil Agarwal

Vedanta Limited is entering a pivotal new phase where strong operating performance converges with a transformational restructuring, setting the stage for its next wave of growth and value creation, the company's Chairman Anil Agarwal said Tuesday in a letter to the shareholders. The billionaire businessman called company's demerger a key milestoneThe much-anticipated demerger aimed at unlocking value by carving out focused, world-class businesses, has been is effective May 1, 2026. Each entity will benefit from sharper strategic direction, disciplined capital allocation, and clearly defined growth paths, enabling them to operate as independently scalable, globally competitive companies benchmarked against the best in the industry, Agarwal said."The most awaited milestone for Vedanta this year is our demerger, effective 1st May 2026. This transformation marks a pivotal step in unlocking value by creating focused, world-class companies, each with sharper strategic clarity, d...

Congress: Vijay seeks support to form TN govt

from Economic Times https://ift.tt/VsyixeU

BJP Bengal gains may boost reforms push

New Delhi: The BJP's latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government's reforms push as the economy grapples with the fallout of the West Asia war and a below-normal monsoon forecast, economists said on Monday.The dominant National Democratic Alliance constituent at the Centre has registered its maiden victory in West Bengal, retained Assam and Puducherry (with alliance partners) and won a record three seats in Kerala. It won only one seat in Tamil Nadu, against four in 2021.Also Read: How BJP's well-oiled vote machine breached Mamata's Bengal fortressBut its win in West Bengal-which has been hit by deindustrialisation and frequent Centre-state rows-remains the most consequential for India's growth prospects, if the winds of political change lead to a raft of economic reforms, the economists said.130810506Centre-state ties switching to cordiality from confrontation could bolster the impl...

TVK surge may trigger shake-up in DMK, AIADMK

from Economic Times https://ift.tt/piPG3Y0