Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…
CHENNAI: What was once seen as optional is increasingly viewed as essential: uptake of overseas travel insurance among Indian outbound travellers has nearly doubled in six years, driven by rising medical costs abroad and heightened awareness of travel disruptions in the post-pandemic era. According to Irdai’s annual report, 96.7 lakh lives were covered under 27.9…
NEW DELHI: The potential rollout of the Social Security Code is bringing childcare benefits back in focus at India Inc, prompting companies to reassess both compliance and costs. Even before the Code takes effect, a majority, 60% of companies have budgeted higher spends on childcare and daycare, which is twice of what they were three…
NEW DELHI: A US-led takeover or restructuring of Venezuela’s oil sector could deliver a benefit to India, potentially unlocking close to $1 billion in dues while accelerating the revival of crude production from fields it operates in the sanctions-hit Latin American country, analysts and industry sources said.India was once a major processor of Venezuelan heavy…
LUCKNOW: For two winter mornings, dense fog over Lucknow turned the skies into a maze for an Air India Express Boeing 737 MAX 8 operating flight from Delhi.On January 2 and January 4, the aircraft circled the city 28 times, spending around 171 minutes hovering above Lucknow, only to return to Delhi without landing.On January…
MUMBAI: Fino Payments Bank plans to hive off its business correspondent (BC) arm and expand secured lending through its merchant network once it transitions into a small finance bank, its MD & CEO Rishi Gupta said.Fino received in-principle approval from RBI in early Dec 2025 to convert into a small finance bank, a move that…
BENGALURU: Zomato founder and group CEO Deepinder Goyal said the company terminates around 5,000 delivery partners every month, pushing back against claims of arbitrary firings and unsafe delivery practices. He framed the figure as routine enforcement within a large, high-churn gig workforce rather than punitive mass action. Speaking on a podcast with entrepreneur and creator…
Developments in Venezuela are unlikely to immediately impact India’s oil supplies or prices, as Venezuelan crude has been largely absent from global markets due to US sanctions. While bilateral engagement has weakened, experts suggest India could diversify its sources if Venezuelan oil re-enters the market, potentially offering a sentimental impact on emerging market currencies. New…
The CoinMarketCap “Crypto Fear and Greed Index,” a metric tracking crypto investor sentiment, flipped to “neutral” on Sunday, for the first time since October, signaling that investor sentiment is improving. The Index is at 40, signaling that investors are no longer fearful, but they are not bullish on the crypto market either. The Index recorded…
NEW DELHI: Supreme Court has ruled that candidates belonging to Scheduled Castes, Scheduled Tribes, Other Backward Classes and Economically Weaker Sections are entitled to general category posts if they secure the cutoff marks stipulated for general category.The ruling by a bench of Justices Dipankar Datta and Augustine G Masih was inspired by SC’s landmark verdict…