Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on pharmaceutical
Indian Pharmaceutical Alliance (IPA) on Friday said US President Donald Trump’s move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines. Illustration: Yves Herman/Reuters Reacting to
The unique investors’ base on the National Stock Exchange of India (NSE) crossed the 12-crore mark on September 23, with the latest 1 crore addition taking place in just eight months, the bourse said on Thursday. NSE said one in
The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Illustration: Dado Ruvic/Reuters Commerce and Industry Minister Piyush Goyal, who led the team, will be back
India’s power sector CO2 emissions fell in H1 2025 for the first time in nearly 50 years (outside the pandemic), thanks to record renewable growth and lower coal use from cooler, wetter weather. The decline in power sector emissions helped
Within weeks of announcing his exit as executive chairman of the global software-as-a-service (SaaS) company Freshworks, its founder Girish Mathrubootham appears to be on an investment spree. Photograph via Meta On Wednesday, he invested in Baanhem Ventures, which created Tamil
Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday as foreign fund outflows and concerns over the steep hike in US H-1B visa fees continue to dent investor sentiment. Photograph: Francis Mascarenhas/Reuters The 30-share BSE
Indian-American executive Srini Gopalan has been appointed chief executive officer of telecom operator T-Mobile, amid ongoing debates over H-1B visa policies. Photograph: Wolfgang Rattay/Reuters Gopalan’s appointment, effective from November 1, 2025, comes as US President Donald Trump signed a proclamation
Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company’s spokesperson said, “PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus
Electric two-wheeler (e2W) companies are upset with some of their suppliers of heavy rare-earth magnet–powered electric motors, who have objected to their proposal — under consideration by the government — that would allow e2W original equipment manufacturers (OEMs) an exemption
