Sat, Jun 29, 2024 4:04 PM
New home sales in NCR increase by 6% in Q2 2024: Anarock
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An Indian government expert panel has recommended approval for the import and sale of Eli Lilly's Mounjaro, a diabetes and obesity treatment, in certain doses for chronic weight management, pending a Phase 4 clinical trial. This is a major step towards approval in India, which has a large market for weight-loss treatments, with an estimated global market of $100 billion by 2035.
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Three dividend stocks, Costco, Walmart, and Apple, are poised to outperform the S&P 500 despite the pressure from rising interest rates. With forward yields of 0.6%, 1.2%, and 0.5% respectively, they offer a good mix of growth, value, and income. Analysts expect revenue and earnings growth of 5% and 15% for Costco, 4% and 9% for Walmart, and 8% and 15% for Apple.
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Sanjiv Bajaj, chairman and MD of Bajaj Finserv, saw a 36% salary increase to ₹31.67 crores in the year ended March 2024, 105 times more than the median employee pay. His total remuneration included ₹27.1 crores as MD and CEO of Bajaj Holdings & Investment, and ₹4.3 crores as chairman of Bajaj Finance, a 437% increase from the previous year.
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