Hetero Exports Generic Semaglutide to Over 75 Countries
Hyderabad-based Hetero begins exporting generic semaglutide injections to Africa, Asia, and the Middle East, aiming to improve access to diabetes and obesity treatments globally.
Category : Business
India's Rs 8.20 Lakh Crore Borrowing Plan for H1 FY27
The Indian government aims to raise Rs 8.20 lakh crore through dated securities in the first half of FY27, covering 51% of its revised annual borrowing target of Rs 16.09 lakh crore to finance the fiscal deficit.
Audi India Confident in Economy, FTAs to Fuel Long-Term Growth
Audi India's head, Balbir Singh Dhillon, highlights India's economic strength amid global uncertainties, citing FTAs and resilience as key drivers for robust long-term demand and growth in the luxury car market.
Goyal Calls for Rebuilding Trust in WTO, Talks with US and China
Commerce Minister Piyush Goyal emphasized the need to restore trust in the WTO's decision-making process during key meetings with US and Chinese counterparts at the Abu Dhabi conference.
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Japan Launches World's First High-Speed Cargo Bullet Train
Japan's East Japan Railway Company has repurposed a passenger bullet train into a dedicated freight carrier, operating at 275 kmph to transport time-sensitive goods between Morioka and Tokyo in just over three hours.
India-US Trade Deal Talks Progress at WTO Meeting in Cameroon
Commerce Minister Piyush Goyal met US Trade Representative Jamieson Greer at the WTO conference in Yaounde to discuss next steps for the bilateral trade agreement and review the interim pact framework.
Govt Raises Commercial LPG Supply to 70% of Pre-War Demand
The Indian government has increased commercial LPG supply to 70% of pre-war demand, easing restrictions for hotels and restaurants amid global disruptions.
Centre Plans Rs 8.20 Lakh Crore Market Borrowing in H1 FY27
Finance Minister Nirmala Sitharaman announced the government will borrow Rs 8.20 lakh crore from the market in the first half of FY27, part of a total Rs 17.2 lakh crore borrowing plan to fund a 4.3% fiscal deficit.
Govt Denies Lockdown Rumors, Slashes Fuel Excise Duty
Oil Minister Hardeep Singh Puri dismisses lockdown rumors as false. Government reduces excise duty on petrol and diesel by Rs 10 amid Middle East conflict disruptions.
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US Stocks Head for Longest Weekly Losing Streak in 4 Years
US equities traded lower on Friday, heading toward their longest weekly losing streak in nearly four years as investors grappled with rising oil prices and persistent uncertainty around the Iran conflict.
Reliance Shares Drop 4.6%, Market Cap Erodes Rs 87,014 Crore
Reliance Industries shares experienced a sharp decline of 4.6%, eroding Rs 87,014 crore from its market valuation, which now stands at Rs 18.24 lakh crore.
Design India Collective: Reimagining India's Design Future
The Design India Collective is spearheading a movement to transform India's design landscape, focusing on innovation, sustainability, and global competitiveness through collaborative efforts.
Yamaha Music India Appoints A.R. Rahman as Brand Ambassador
Yamaha Music India has announced the appointment of international music icon and Academy Award-winning composer A.R. Rahman as their brand ambassador, marking a significant move in the musical instrument industry.
India's Forex Reserves Drop $11.4 Billion as Gold Falls Sharply
India's foreign exchange reserves fell by $11.413 billion to $698.346 billion in the week ended March 20, driven by a sharp drop in gold holdings, according to RBI data.
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CIL to Set Up 8 New Coking Coal Washeries in Jharkhand
Coal India Limited announces investment of Rs 3,300 crore to establish eight new coking coal washeries in Jharkhand with 21.5 MT annual capacity, expected operational by 2029-30.
Sensex, Nifty Plunge Over 2% on Global Weakness, Tensions
Indian equity benchmarks Sensex and Nifty dropped over 2% on Friday, ending a two-day rally due to global market weakness and rising Middle East tensions. The sell-off was driven by high crude prices, rupee depreciation, and foreign fund outflows.
Gold Market Shifts to Investment-Led Demand Amid Uncertainty
Central banks have purchased over 1,000 tonnes of gold annually from FY2023 to FY2025, fueling investment-led demand and supporting prices during global economic and geopolitical uncertainties.
Fuel Duty Cut, Iran Deaths Top 1,900 in US-Israel Strikes
The Indian government announces a significant reduction in excise duty on petrol and diesel to ease consumer burden. Meanwhile, Iran reports over 1,900 fatalities since the start of US-Israel military strikes, escalating regional tensions.
Ultraviolette's 5-Year Investment Plan for Karnataka Expansion
Ultraviolette Automotive has announced a significant five-year investment strategy to expand its manufacturing operations in Karnataka, following an MoU signed with the state government at the 'Invest Karnataka' Conclave in Bengaluru.
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Sitharaman: Fiscal Prudence, No Lockdown Amid Global Oil Crisis
Finance Minister Nirmala Sitharaman assures fiscal deficit control and consumer protection from rising oil prices, while debunking lockdown rumors and highlighting India's stable fuel pricing.
Biocon Names Shreehas Tambe as CEO and Managing Director
Biocon Ltd. has appointed Shreehas Tambe as its new Chief Executive Officer and Managing Director, effective immediately, succeeding Kiran Mazumdar-Shaw in the CEO role.
Govt Fuel, LPG Decisions to Ease Burden Amid Gulf Tensions
Minister of State Raosaheb Danve announced that recent government decisions on petrol, diesel, and LPG pricing are aimed at providing relief to consumers, especially in light of the ongoing conflict in the Gulf region.
Indian Seafarers in Gulf Safe Amid West Asia Tensions
The Indian Shipping Ministry confirms all Indian seafarers and vessels in the Gulf region are safe and secure despite recent West Asia developments, with no disruptions to maritime operations.
APSEZ Sets Up India's First Port of Refuge for Maritime Safety
Adani Ports and Special Economic Zone (APSEZ) has launched India's inaugural Port of Refuge at Mundra, Gujarat, providing a safe harbor for distressed vessels and boosting national maritime security.
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Silver Falls 5%, Gold Down Rs 1,900 in Delhi
Silver prices have plummeted by 5% in Indian markets, while gold rates dropped by Rs 1,900 in Delhi, driven by global economic factors and reduced demand.
Sitharaman: No Lockdown, Fiscal Discipline Amid Oil Prices
Finance Minister Nirmala Sitharaman clarifies no lockdown proposals exist, commits to fiscal deficit control while shielding citizens from global oil price impacts.
Fuel Tax Cut Fails to Lower Petrol and Diesel Prices in India
Despite a significant ₹10 per liter excise duty reduction on fuel, petrol and diesel prices in India remain stable. The government is using the tax cut to offset losses for oil companies amid surging global crude prices, prioritizing inflation control ove
Fintech Transforms Credit Access for India's Young Professionals
Explore how fintech in India, through digital lending platforms and instant loan apps, has reshaped credit access for young professionals, making borrowing faster and more inclusive.
Mittal: 'Bharat Doesn't Pay' is Lazy Excuse, Users Pay for Value
Shark Tank judge Anupam Mittal challenges the notion that Indian consumers don't pay for services, citing his experience with Shaadi.com and highlighting Primetrace's success with Rs 200 crore EBITDA run-rate.
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AM/NS India Names Amit Harlalka CEO, Oommen Steps Down
ArcelorMittal Nippon Steel India appoints CFO Amit Harlalka as CEO from July 1, with incumbent Dilip Oommen moving to board role. Oommen led the company since its Essar Steel acquisition in 2019.
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