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…
File photo (Picture credit: ANI) Foreign institutional investors (FIIs) have begun 2026 on a cautious note, continuing their selling streak in Indian equities after a bruising 2025. In the first two trading sessions of the new year, FIIs sold shares worth Rs 7,608 crore, extending a trend that saw heavy outflows through December, as per…
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…
Gold and silver price outlook (AI image) Gold and silver price rallies in 2025 left investors gasping – the stellar run of the precious metals was unprecedented and many had not predicted such a steep rise in the prices of the yellow and white metals. But what happens in 2026? Will gold and silver continue…
The ministry of road transport and highways has proposed assigning an Aadhaar-like unique identification number to electric vehicle (EV) batteries to ensure end-to-end traceability and improve recycling efficiency, according to draft guidelines issued by the ministry.Under the proposed framework, battery producers or importers will be required to assign a 21-character Battery Pack Aadhaar Number (BPAN)…
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…
The US commerce department is preparing to ease the steep tariffs planned on Italian pasta imports, reducing the duties proposed earlier this year. Italian pasta had been facing one of the highest tariff burdens among European food products entering the United States. While most European Union goods are already subject to duties of at least…
