NSO: Out-of-pocket spending still drives hospitalisation costs

Despite a substantial increase in the coverage of health insurance or finance schemes, which only cover inpatient treatment, between 2017-18 and 2025, out-of-pocket expenditure by patients and their families still accounts for almost all of the spending on hospitalisation. This was revealed in the latest household consumption survey on health conducted by the National Statistical…

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Summer travel gets dearer on conflict, weak rupee

Chennai: Summer vacations for Indians to exotic destinations have been disrupted as the West Asia conflict and a weakening rupee have pushed overseas tour package costs up by about 20%, offsetting the Centre’s cut in Tax Collected at Source (TCS) on such packages to 2% from 20% and 5%.The conflict has also led to a…

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Gold and silver outlook: Where are precious metals headed this week? Analysts answer

Precious metals gold and silver could remain under pressure in a holiday-shortened trading week as markets react to developments around US-Iran peace talks, movements in crude oil prices and key global central bank policy decisions, analysts said. According to analysts, sentiment in precious metals is expected to be shaped largely by geopolitical and macroeconomic triggers…

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No hard decoupling: India balances China trade with export push

India is adopting a strategic approach in its trade relationship with China, aiming to expand exports and strengthen domestic manufacturing while gradually reducing its dependence on Chinese inputs. A senior government official told PTI that the focus is on maintaining balance rather than pursuing a complete break from Beijing.The executive said that India is boosting…

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