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INDIAN PHARMACEUTICAL INDUSTRY - WHEREABOUTS & THE GROUND TO COVER

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    GLOBAL POSITION ~ A GLIMPSE  MARKET SIZE :   Indian pharmaceutical industry stands at 3rd position in terms of volume and around 14th in terms of value globally. The size of the pharmaceutical market in India is around $40 billion, which is around 3% of the global pharmaceutical market.  EXPORTS : {CAGR ~ compounded annual growth rate, SAGR ~ simple annual growth rate} As can be seen in the above image, Indian exports have shown an annual CAGR of 3.63% over the last 5 years. Indian pharmaceutical exports were $ 20.14 billion in Jan 2021. Currently India’s share in global exports is 2.5% approximately. REVENUE SHARE: The major source of Indian pharmaceutical revenue comes from sale of generics. It's almost 71% of total revenue. The other major sources are OTC (20%) and patented products (9%). GLOBAL SUPPLY India supplies around 40% of the United states generics demand, 25% medicines requirement in the United Kingdom, 80% of the global AIDS vaccines.  A...

WILL THE MARKET CRASH ?

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You may have heard a lot of people nowadays saying that " be cautious, the market is about to crash", but the truth is that anything without research in the stock market is gambling. It's just like betting over an IPL match. So in this article I will try to explain what I feel regarding the markets after doing my research. I will also make it clear on what basis I feel so. I will divide the explanation regarding whether market will crash or not in two parts: Fundamental Overview & Technical Overview A) Fundamental Overview In the short term Markets may move due to sentiments of traders but in the long run, market prices are a reflection of the earnings of companies. So one of the best ways to analyze whether the market is expensive or not is the PE ratio. The PE ratio is derived by dividing the market price of a company by its earnings per share (EPS). Here we are analyzing the Nifty Index, which constitutes the top 50 companies of India registered on the National Sto...

CREDIT CARD - A HELP OR A TRAP ?

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INTRODUCTION  We often hear about credit cards. Some of us believe that credit cards are really good as they help us to buy even those goods which are quite costly and we can't afford to pay its price in cash at present. However many people think that credit cards are like a trap where they will get trapped by high interest charges. By the end of this article it will be very clear to you whether the credit cards are a trap or a help for you. How does it work ?  Whenever you will approach a bank or any financial institution which is issuing credit cards, they will tell you the limit up-to which you can buy goods and pay for services and also the interest rate which they will be charging from you for the amount which you owe to them provided if you don’t pay the monthly bill of your credit card. If you are able to pay your monthly bill or credit card then you don’t have to pay any interest on it. But if you aren’t able to pay your bill then interest will be charged on a daily b...

Consumer Price Index - Retail Inflation

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INTRODUCTION  Inflation or “ mehengaai “, one of the most discussed topics between all of us. It measures how much prices are increased on an average.Inflation is measured at producer level as well as consumer level. CPI measures the retail inflation, which means that CPI measures average changes in prices of goods which a consumer is paying. WPI ( wholesale price index) measures inflation at producer level which means that it measures average changes in prices of goods which a producer is paying. In this article we will discuss various aspects about Consumer Price Index. CALCULATION  The calculation of consumer price index is divided into 5 steps. Selection of Goods  In the first step economists try to find out those goods which consumers are buying frequently. And accordingly they assign weightage to the goods. This weightage of goods is dependent on how frequently people in an economy are buying those goods.  In this way the Economist tries to fix a set of goods w...