Latest News, Updates & Breaking Headlines
The impending patent expiry of semaglutide drugs across India, emerging markets and select regulated markets such as Canada and Brazil is expected to create a revenue opportunity of more than Rs 50 billion for generic pharmaceutical companies over the next 12 to 15 months, according to an industry update by Systematix Institutional Research.The report said…
As the United States carried out strikes on Venezuela on Saturday, global oil markets are closely watching for any fallout, though early signals point to limited disruption so far.Venezuela holds some of the world’s largest proven oil reserves, raising concerns that military action could disrupt global price movements. However, crude markets have remained subdued as…
File photo: Union minister Shivraj Singh Chauhan (Picture credit: PTI) Union agriculture minister Shivraj Singh Chouhan on Saturday urged states to adopt a strategic approach to budget utilisation, warning that delays in spending allocated funds result in losses for states and hamper the timely release of subsequent central instalments. Addressing a review meeting with state…
The US commerce department is preparing to ease the steep tariffs planned on Italian pasta imports, reducing the duties proposed earlier this year. Italian pasta had been facing one of the highest tariff burdens among European food products entering the United States. While most European Union goods are already subject to duties of at least…
The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…
The Sindhudurg Airport in the Konkan region of Maharashtra has received aviation safety regulator DGCA’s approval for round-the-clock operations, including during low visibility and adverse weather conditions, a statement by IRB Infrastructure Developers said. The airport, operated by IRB Infrastructure, started commercial operations in October 2021. “The approval for 24×7 all-weather operations significantly enhances the…
US President Donald Trump on Friday ordered the unraveling of a $2.9 million computer chips deal that he concluded threatened US security interests if the current owner, HieFo Corp, remained in control of the technology. The executive order cast a spotlight on a business deal that drew scant attention when it was announced in May…
An under-construction Mumbai Ahmedabad bullet train station NEW DELHI: A delay of over four years has pushed up the cost of country’s first bullet train project by around 83% to Rs 1.98 lakh crore. The first leg of the project, between Surat and Bilimora, is scheduled to be inaugurated in Aug 2027, while the entire…
MUMBAI/KOLKATA: Several brokerages downgraded ITC and cut their target price for its stock by up to 26% on the back of a proposed sharp hike in taxes on tobacco products. These cuts came even as analysts and brokers awaited the finer details of the govt’s proposed tax changes, effective Feb 1.Analysts at brokerage houses expect…
Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies. This special drive, to be carried out from January 1 to March 2, 2026, is extended to all non-linked policies with a very attractive concession in late fee. Concession is being…
