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shift in household savings behavior impacts bank deposit growth in india

Indian households are shifting their savings from traditional bank deposits to alternative assets like property and equities, driven by easier access to retail loans and a younger, tech-savvy population. This trend has led to a decline in bank deposit growth, with credit growth outpacing deposits, prompting concerns about monetary policy effectiveness. As the Reserve Bank of India is expected to cut rates, challenges persist due to asymmetric monetary transmission and reduced liquidity from government cash management measures.
Business Today
Indian Rupee Reserve Bank OF India University/AOP/Society UBS SA IND Siddharth Zarabi Tanvee Gupta Jain Show more
TradFi, Market Report
14:58 18.10.2024

cancer diagnosis linked to long term financial challenges for survivors

A study led by Dr. Benjamin C. James reveals that cancer diagnoses can lead to significant long-term financial challenges, including higher rates of bankruptcy and lower credit scores. Patients with cancer are nearly five times more likely to declare bankruptcy, with credit scores averaging 80 points lower than non-cancer patients. Factors such as age, race, marital status, and income level contribute to the severity of financial toxicity, highlighting the need for policy reforms in cancer care.
medicalxpress.com
Beth Israel Deaconess Medical Center Inc. Experian Harvard Medical School USA Benjamin C. James Gomez-Mayorga Bogdanovski Show more
Finance & Economy, News Article
14:57 18.10.2024

cancer patients face significant financial challenges and long term credit declines

Cancer patients face significant financial challenges, with nearly five times the bankruptcy rate and average credit scores nearly 80 points lower than non-cancer patients. Research from Beth Israel Deaconess Medical Center highlights that financial toxicity persists for years post-diagnosis, particularly affecting those under 62, minorities, and individuals with lower incomes. These findings underscore the need for policy reforms to address the financial burdens associated with cancer care.
EurekAlert!
United States Dollar Experian USA Jorge L. Gomez-Mayorga Nishant Uppal Ashley L. O’Donoghue Benjamin C. James Anastasia Bogdanovski Show more
Finance & Economy, News Article
14:54 18.10.2024

us economic strength fuels market optimism amid potential risks

The U.S. economic surprise index has surged, driven by strong retail sales and improved jobless claims, leading to a sharp rise in the 10-year yield and the Dollar Index. However, despite a favorable economic outlook and rising Trump poll numbers fueling market optimism, the SP500's high valuation raises concerns about potential risks from prolonged high rates and fiscal deficits.
IG
United States Dollar NAHB USA Donald Trump
TradFi, Market Report
14:19 18.10.2024

gilead withdraws trodelvy from bladder cancer market after negative trial results

Gilead has withdrawn its bladder cancer treatment Trodelvy after a confirmatory study failed to demonstrate improved survival rates. Initially granted accelerated approval in 2021, the decision reflects the FDA's increased scrutiny of such approvals. Despite this setback, Trodelvy remains a key player in Gilead's oncology portfolio, particularly for breast cancer, where sales are projected to reach $1 billion by 2030.
BioPharma Dive
United States Dollar Bristol-Myers Squibb Company Merck & Co., Inc. AstraZeneca PLC Daiichi Sankyo Company, Limited Gilead Sciences, Inc. USA Daiichi Sankyo Tyler Van Buren Keytruda Show more
Healthcare, News Article
14:05 18.10.2024

universal 5G broadband terminal aims for seamless global connectivity solutions

Intelsat and Softbank are advancing toward a universal 5G broadband terminal that integrates satellite and terrestrial communications for global connectivity. This initiative follows the approval of Ku-band satellite spectrum for 5G standards and aims to provide seamless service across various markets, including automotive and military. While full standardization may take a few years, Intelsat hints at potential hybrid solutions that could be deployed as early as next year.
SpaceNews
United States Dollar 3GPP SpaceX Viasat, Inc. SoftBank Corp. Globalstar, Inc. Intelsat JPN Joe Biden Ken Takagi Elon Musk Apple Show more
Technology & Innovation, News Article
14:00 18.10.2024

helius medical technologies to present at 2024 thinkequity conference in new york

Helius Medical Technologies, Inc. will present at the ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York, focusing on its innovative neuromodulation approach for balance and gait deficits. Management is scheduled to present at 4:30 PM ET and will hold one-on-one investor meetings throughout the day. The company is known for its Portable Neuromodulation Stimulator, aimed at improving the lives of those with neurologic diseases.
@YahooFinance
Mandarin Oriental Hotel USA Philip Trip Taylor
Healthcare, Press Release
14:00 18.10.2024

datadog insider transactions and institutional investments highlight market activity

Datadog's CFO sold shares at an average price of $125.70, totaling over $4.18 million, while retaining 314,158 shares valued at approximately $39.49 million. In the past three months, insiders sold 529,928 shares worth $63.08 million, with corporate insiders owning 11.78% of the stock. Institutional investors hold 78.29% of Datadog, which has received multiple upgrades from analysts, now holding a "Moderate Buy" rating with a price target averaging $142.11.
MarketBeat
Datadog, Inc. USA Olivier Pomel David M. Obstler
TradFi, Market Report
13:46 18.10.2024

hlth 2024 conference to spotlight healthcare innovation and artificial intelligence trends

The HLTH 2024 conference in Las Vegas will gather 12,000 attendees, including leaders from health systems, payers, and digital health startups, to discuss healthcare innovation. Key topics include AI's role in healthcare, the future of retail health, women's mental health, and advancements in healthy aging and brain health. Notable speakers include executives from major companies like Johnson & Johnson, Amazon, and Pfizer, alongside policymakers addressing the regulatory landscape.
Fierce Healthcare
Amazon.com, Inc. GE HealthCare Technologies Inc. Walgreens Boots Alliance, Inc. NVIDIA Corporation Pfizer Inc. Novo Nordisk A/S The Kroger Co. CVS Health Corporation Moderna, Inc. AstraZeneca PLC Johnson & Johnson USA GBR Joaquin Duato Andrea Palm Kimberly Powell Jonathan Bush Iker Huerga Show more
Healthcare, News Article
13:30 18.10.2024

biotech stocks to monitor latest updates on pharmaceutical companies and drugs

Stay updated on the latest developments in biotech stocks, including pharmaceutical companies and drug manufacturers. This sector is dynamic, with ongoing news that can impact investment decisions. Keep an eye on emerging trends and breakthroughs in the industry.
news.google.com
Investor's Business Daily
Healthcare, Market Report
13:30 18.10.2024
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