A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent — on par with other developed nations — will affect innovator companies, while sparing the Indian
India’s trade relations with Turkey and Azerbaijan are expected to come under strain due to Ankara and Baku backing Islamabad and condemning India’s recent strikes on terror camps in Pakistan. IMAGE: A visitor examines the lamps displayed by exhibitors from
Equity benchmark indices Sensex and Nifty ended higher on Wednesday as retail inflation eased to a nearly six-year low of 3.16 per cent in April, creating enough room for the RBI to go for another rate cut in the June
Markets regulator Sebi on Tuesday proposed to simplify rules and ease regulatory compliance for FPIs that invest exclusively in Indian government bonds (IGBs) via the voluntary retention route (VRR) and fully accessible route (FAR). The move is aimed at attracting
Wall Street’s key indices opened higher on Wednesday as Donald Trump’s Gulf tour stoked hopes of more trade deals. At the opening bell, the Dow Jones Industrial Average rose 9.7 points, or 0.02%, to 42150.09. The S&P 500 rose 10.2
Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday. Photograph: Eric Gaillard/Reuters WPI-based inflation was 2.05 per cent in March. It was 1.19 per
Drug major Cipla on Tuesday said its consolidated net profit increased 30 per cent to Rs 1,222 crore in the fourth quarter ended March 31, 2025. Photograph: Danish Siddiqui/Reuters The Mumbai-based drug firm had reported a consolidated net profit of
Siemens on Tuesday reported over 37 per cent decline in its net profit to Rs 408 crore in March quarter, compared to the same period year ago, mainly due to under-absorption of fixed costs and higher material costs in the
Stock markets tumbled on Tuesday with benchmark Sensex falling by 1,282 points due to profit-taking in IT and FMCG shares a day after a record rally. Photograph: Francis Mascarenhas/Reuters The 30-share BSE barometer tanked 1,281.68 points or 1.55 per cent
US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his
