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…
NEW DELHI: Reliance Jio continued its subscriber growth in November 2025, leading the industry in overall wireless additions and active user gains as per the latest monthly subscription data released by the Telecom Regulatory Authority of India (TRAI).The TRAI data showed that Jio added 1.2 million subscribers, extending its lead over Bharti Airtel for the…
File photo: US President Donald Trump US President Donald Trump has said American oil companies will be allowed to move into Venezuela to tap its vast crude reserves following a US military operation that led to the capture of President Nicolás Maduro.Speaking at a press conference on Saturday, Trump said major US energy firms would…
NEW DELHI: Mining giant Vedanta Ltd on Saturday said it has reported a rise in production of aluminium, zinc and iron ore during the December quarter. However, production of steel, and oil and gas dropped during the third quarter of the current fiscal year. The company’s total aluminium production during the quarter rose marginally by…
The ministry of information and broadcasting has set up a Live Events Development Cell (LEDC) to support the structured growth of India’s live entertainment industry and strengthen the country’s emerging concert economy, according to an official release.The LEDC will function as a single-window facilitation mechanism aimed at streamlining processes for the sector and positioning India…
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…
India’s capital expenditure upcycle is showing early but credible signs of revival, with several investment-linked sectors likely to benefit over the next two to three years, according to Antique Stock Broking’s India Equity Strategy 2026. Improving macroeconomic conditions, policy support and rising private and household investment are laying the groundwork for a broader capex recovery.As…
India has set up 132 Compressed Bio Gas (CBG) plants with a combined production capacity of 920 tonnes perday, with more capacity being added under the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative, Union petroleum and natural gas minister Hardeep Singh Puri said on X.In a social media post, the minister said the CBG programme…
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…
