By T N Ashok NEW YORK: India’s pharma heavyweight Dr. Reddy’s Laboratories (NSE: REDY) , based out of the Southern city of Hyderabad, announced its audacious plan to launch a generic version of Novo Nordisk’s wildly successful weight-loss drug Wegovy in 87 countries next year, joining the global gold...
By Ashok Nilakantan Ayer NEW YORK: Democratic Nominee for New York Mayor Zohran Mamdani is under fire from nervous Republican Party leaders as also Democratic establishment. Republicans want to weaponize the citizenship denaturalisation process to knock him out of the race slated for November this year. Incumbent Eric Roberts,...
By R. Suryamurthy The 2024–25 Estimates Committee report on “Promotion of Climate Resilient Agriculture, Natural and Organic Farming through Krishi Vigyan Kendras (KVKs)” lands with the weight of over a decade of accumulated failures. While it offers dozens of recommendations and shines light on key gaps in policy execution,...
By Tirthankar Mitra KOLKATA: Forty five years have gone by since Bengal’s matinee idol Uttam Kumar’s passing away. And yet July 24, when he journeyed to the land of shadows remains a day of mourning among his fans, a tribe which is increasing though many of it were born...
By Simran Kaur A recent report made public by the Ministry of Social Justice and Development reveals that more than 97 percent of offences related to “untouchability” under the Protection of Civil Rights Act, 1955 (‘PCR Act’) remained pending before Indian courts as of 2022. What is more concerning...
NEW DELHI: A 10 per cent increase in global crude oil prices can raise the domestic headline inflation by 0.20 per cent, a paper by RBI staffers released on Wednesday said. The paper on oil price and inflation nexus in India by Sujata Kundu, Soumasree Tewari and Indranil Bhattacharyya...
NEW DELHI: The Asian Development Bank (ADB) on Wednesday lowered India’s growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian...
NEW DELHI: A Morgan Stanley report on Wednesday said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035. Embedded in this forecast is the likelihood that three to five states (Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh...
MUMBAI: A day after the weighted average call rate (WACR) went above the repo rate (5.50%) for the first time in the current financial year, the Reserve Bank of India’s (RBI) two-day variable rate repo auction on Wednesday to inject short-term liquidity saw significant response from banks. The participants...
NEW DELHI: India’s exports of petroleum products declined by 3% in volume terms to 14.5 million tonnes in the first quarter of the financial year 2025-26, compared to 15.0 million tonnes in the same period of FY25, according to data from the Petroleum Planning and Analysis Cell. In value...
By Nitya Chakraborty After nearly a year of frosty relations between the two neighbours India and Bangladesh, signs are there of a breakthrough as India is sending a team of burn doctors and nurses to Dhaka to treat the victims of the Monday’s devastating crash of a fighter jet...
By K Raveendran Incidents of safety concerns surrounding Air India have become as routine as the weather snippet in a newspaper. What should have been extraordinary events meriting immediate and serious introspection have now assumed the quality of the mundane, the familiar, and the tragically predictable. The most recent...
By Dr. Gyan Pathak Both the Houses of the Parliament of India – Rajya Sabha and Lok Sabha – and the Legislative Assembly of Bihar witnessed total chaos on Wednesday July 23 due to which they had to be adjourned. The Opposition members in the Parliament of India were...
By T N Ashok NEW YORK: America’s historical publication, the Wall Street Journal, is unfazed by President Trump’s $10bn defamation suit and says it will defend itself on its story of the Trump letter to Epstein as the British Editor Emma Tucker, who changed the landscape of political reporting...
By Subrata Majumder Notwithstanding COVID 19 pandemic escalating geo-economic turmoil, India continued to float on high growth. It pitched 9.2 percent growth in 2023-24 and 6.5 percent growth in 2024-25 (over and above high growth in the preceding year), which raised several eyebrows in the world. This compares well...
By Sahil Hussain Choudhury When Chief Justice B.R. Gavai stood before graduating students at NALSAR and told them not to pursue a foreign LLM by taking on a Rs 60-lakh loan, it may have sounded to some only as a cautious financial advice. But for those of us who...
NEW DELHI: The Centre may further incentivise the guaranteed unified pension scheme (UPS) in a bid to increase acceptability among its 2.7 million-strong staff. The additional benefits may include pension for dependent children, more likely for single parents, and an assurance that tax benefits linked to UPS won’t be...
NEW DELHI: India and Britain will sign a free trade agreement on Thursday during Prime Minister Narendra Modi’s UK visit, officials said, with New Delhi to ease tariffs on British whisky, cars and some food items, and the UK offering duty-free access to Indian textiles and electric vehicles. The...