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India’s pharma exports cross bn till Feb, grow over 5%

India’s pharma exports cross $28 bn till Feb, grow over 5%

Despite global headwinds, India’s pharmaceutical exports are booming, exceeding $28 billion and projecting significant growth, driven by strong performance in formulations, biologicals, and vaccines. Photograph:Yves Herman/Reuters Key Points India’s pharmaceutical exports reached over $28 billion, showing a growth of over

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Foreign exchange traders said the Reserve Bank of India intervened by selling dollars, helping limit the rupee’s fall. Illustration: Dominic Xavier/Rediff Key Points The rupee has depreciated 8.8 per cent so far this financial year. The price of the Indian