NEW DELHI: In a landmark advance for thalassemia care, US FDA has approved Mitapivat, the first oral treatment for anaemia in adults with thalassemia, covering both transfusion-dependent and non-transfusion-dependent alpha and beta disease. Clinicians and patient groups in India have welcomed the decision as a potential game changer for a lifelong genetic blood disorder that…
The TOI correspondent from Washington: In an animated prime time address from the Diplomatic Room in the White House on Wednesday night that was anything but diplomatic, President Donald Trump doubled down on a protectionist agenda that is sending ripples through the global financial system, emphasizing the benefits of broad tariffs and steep reductions in…
India’s IPO market gains momentum, boosts PE exits: KPMG report India’s IPO market has shown strong momentum in 2025, emerging as a key exit route for private equity (PE) investors, according to KPMG’s Pulse of Private Equity Q3’25 report.The report noted that India’s stock markets have performed exceptionally well so far in 2025, creating a…
Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 per share vs. $1.67 expected, according to LSEG Adjusted revenue: $21.0 billion vs. $20.72 billion expected Citigroup said net…
The U.K.’s long-promised crypto regulatory regime edged closer to reality this week, as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in Britain. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to take effect in October 2027. For policymakers, the…
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Getting real with AI by tracking audited metrics is the need of the hour for IT firms. While companies highlighted aggressive AI adoption by giving out the percentages of new code generated by AI and workforce skilling metrics, audited financial data that presents the real productivity impact is yet to fully show up. A comparison…
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The GBS for Indian Railways might remain broadly unchanged in the upcoming union budget 2026-27, as the current funds are sufficient for the infrastructure upgrade. The GBS or the gross budgetary support for FY26 stands at Rs 2.52 lakh crore, with an additional Rs 10,000 crore permitted for spending through Extra Budgetary Resources (EBR), including…
