India's pharma market growth remained moderate in October 2024, with a sub-5% year-on-year increase, driven by price hikes and new launches, but weighed down by weak volume growth, with key growth drivers including 📌J B Pharma, 📌Sun Pharma, and 📌Torrent Pharma, while vAlkem Labs and 📌Mankind Pharma underperformed.
Open FlipGold prices decreased on Friday, with 24 carat gold at Rs.7581.3 per gm, down Rs.1200, and silver at Rs.92500 per kg, down Rs.1500. Gold price in Delhi is ₹75813.0 per 10 grams, and silver price is ₹92500.0 per kg. Gold and silver prices fluctuate due to global demand, currency values, interest rates, and government regulations.
Open FlipChinese steel output recovered in October, snapping four months of declines, as sentiment brightens following Beijing’s efforts to rekindle economic growth. Healthier margins allowed steelmakers to churn out more metal on a monthly basis for the first time since May, with production rising to 81.88 million tons, an increase of 6.2% on September and 2.9% higher than last year.
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