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Dalal Street took a hit this week as more than 440 out of 500 stocks on the BSE 500 ended in red after two heavy blows from US President Donald Trump. The BSE 500 index dropped 3.3% while 17 names fell by double digits and lost as much as 14%. All sectors closed lower on…
US President Donald Trump‘s announcement of a 100% tariff on imported “branded and patented pharmaceutical products” has rattled the global pharma industry, though Indian generic drug makers are largely expected to remain unaffected for now.Trump, in a post on Truth Social on Thursday, stated: “Starting October 1st, 2025, we will be imposing a 100% Tariff…
Kamala Harris slams prosecution of James Comey (Picture credit: AP) Former US Vice President Kamala Harris has sharply criticised the federal indictment of former FBI director James Comey, warning that it reflects President Donald Trump’s drive to punish his political enemies.Speaking exclusively to CNN during a stop on her book tour in Washington, Harris said…
Pakistan PM Shehbaz Sharif Friday turned in a bizarre performance at the United Nations, where he said Pakistan was ready for a composite dialogue with India while making claims about downing Indian jets during Operation Sindoor, and “delivering a bloody nose”. Predictably, he glossed over Pakistan’s losses, including the loss of warplanes and destruction of…
India exports a significant amount of pharmaceutical drugs to the US. (AI image) US President Donald Trump’s latest announcement of 100% tariffs imported branded or patented pharmaceutical products has sent shockwaves through pharma companies around the world.Trump announced on Truth Social that effective October 1, 2025, a 100% tariff will be applicable on imported branded…
NEW DELHI: Hours after bilateral talks with US President, Pakistan Prime Minister Shahbaz Sharif on Friday turned into a spokesperson for Donald Trump in his UNGA speech, parroting his claim that the US President played an “active role” in brokering a ceasefire between India and Pakistan after the military action in May.In his 25-minute speech,…
For Indian pharmaceutical exports, the US represents the primary market, comprising approximately 35% of total exports, with a value reaching about $10 billion in FY25. (AI image) US President Donald Trump’s move to impose 100% tariffs on branded and patented pharmaceutical exports has rattled Indian pharma stocks, even though most companies earn from US markets…
Asian drug stocks fell on Friday as investors reacted to US President Donald Trump’s threat to impose 100% tariffs on imported branded pharmaceuticals starting October 1.Companies without existing US manufacturing plants could face the full impact, triggering declines across major drugmakers in South Korea, Japan, and Hong Kong.In South Korea, Samsung Biologics fell 1.6%, while…
Several prominent Indian pharmaceutical firms, including Sun Pharma, Dr. Reddy’s Laboratories, Cipla, Lupin, Aurobindo Pharma, and Zydus Lifesciences, maintain substantial export operations to the USA. (AI image) Pharma stocks hit by Trump’s tariffs: Pharmaceutical stocks declined sharply by up to 5% on Friday, September 26, following US President Donald Trump’s declaration of imposing 100% tariffs…
Ukrainian President Volodymyr Zelenskyy issued a stark warning to Russian officials, saying that if Moscow continues its invasion of Ukraine, they should know the locations of bomb shelters.“They have to know where the bomb shelters are,” Zelenskyy told Axios. “They need it.”“If they will not stop the war, they will need it in any case,”…
