The government should take measures to promote innovation and R&D while simplifying regulations for the sector in the upcoming Union Budget, as per pharmaceutical industry bodies. Outlining the wish list for the sector in the upcoming Union Budget, Indian Pharmaceutical Alliance (IPA) secretary general Sudarshan Jain said the domestic pharma industry is currently around $50 billion in size and aspires to grow to around $130 billion by 2030 and $450 billion by 2047. "To achieve this vision, the Union Budget 2023-2024 should help fuel innovation and R&D, which will set the pace for propelling the pharmaceutical industry forward," he told PTI.
The key risk factors would be anti-incumbency, small vote share swings causing large impact on outcomes and the 2004 example.
Bihar Chief Minister Nitish Kumar on Saturday hinted that a meeting of opposition leaders may take place in Patna after the crucial Karnataka assembly polls were over as many would be busy electioneering there.
Hydrography (underwater geography) prevents the Indian Navy for opting for an all-conventional, or all-nuclear submarine fleet.
US major lost its first mover advantage, now wants to secure its investments in the country.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
The failure to restructure our armed forces in line with contemporary needs 14 years after the Kargil war will impose strategic costs beyond just delays and scandals, says Nitin Pai
'If the central government does not give rights to the people of Ladakh, then it won't be good for our country.'
Global consultancy firm PwC India on Wednesday said it will invest up to Rs 1,600 crore and create additional 10,000 jobs in the next five years. Announcing its new business strategy 'The New Equation', PwC India said the firm will also increase its campus hiring by over five times in the same time period. The New Equation is based on analysis of trends and thousands of conversations with clients and stakeholders, it said in a release.
BJP alleged that it was an attempt by a "grand alliance of most corrupt parties" to ensure that its "corruption" was not exposed.
With developments like the Russia-China alliance and the rise of China in the Middle East, India's role has diminished though the India-Israel-US-UAE grouping may assume some importance in the future, observes Ambassador T P Sreenivasan.
Leader of Opposition in the state assembly Ajit Pawar on Tuesday said he would work for his party till he is alive and scotched speculation that he and a group of MLAs loyal to him might align with the ruling BJP.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'
India's biotech industry has a vast potential for bilateral cooperation with US firms for collaborative research, technology trade, licensing and distribution.\n\n\n\n
The Rasna Group on Monday said its founder and chairman Areez Pirojshaw Khambatta has passed away. Khambatta, 85, who was also the chairman of Areez Khambatta Benevolent Trust and Rasna Foundation, passed away on Saturday, a statement from the group said. He was also the former Chairman of WAPIZ (World Alliance of Parsi Irani Zarthostis) and past President of Ahmedabad Parsi Panchayat, Vice President of the Federation of Parsi Zoroastrian Anjumans of India.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
He said the prime minister has received global recognition and India was rising under his leadership.
Parliament officials said Birla was upset at the behaviour of both the Opposition and Treasury benches during the passage of bills in the Lok Sabha on Tuesday.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
Scrutiny of Google's code of conduct in the Indian Android ecosystem is far from over with several start-ups preparing to appeal against the company's revised policies of service fee on in-app purchases and subscriptions, according to sources in the know. This comes days after the National Company Law Appellate Tribunal (NCLAT) granted partial relief to the tech giant, reversing four of the 10 key non-monetary directives that would have forced Google to allow uninstalling of its pre-installed apps on Android devices. Paytm, BharatMatrimony, and ShareChat are among the start-ups that are likely to file grievances against the tech major for alleged non-compliance with the Competition Commission of India's (CCI's) cease-and-desist order on Play Store policies.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
India is on its way to become a mobile app-first market and e-tailers and start-ups have begun their race to capture the next set of users in India - those who access vernacular content.
A simple look at the prices of 10 media stocks during the tenure of the current government tells an interesting tale, says N Sundaresha Subramanian.
Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.
The monsoon session of Parliament which saw many disruptions since it began on July 20 over the Manipur violence issue, is set to become more turbulent with the government likely to introduce a bill in the Lok Sabha to replace the Delhi services ordinance.
What all global leaders need to understand is that no Generative AI regulation will work unless they start with the basics, which is data collection, asserts Prosenjit Datta.
In the recent past, Adityanath and the RSS seem to have come closer. The warmth is more on the part of the RSS. And even now, not all requests from the RSS are accommodated by the UP government, points out Aditi Phadnis.
A convincing win for either of JD-S's two chief rivals, the Congress and Bharatiya Janata Party, in the Karnataka assembly polls, could inevitably lead to a life-threatening split in the JD-S, with several of its leaders joining either of the two national parties.
Referring to how unified Washington Allies have been in isolating President Putin, Biden stated, "...The Quad is, with the possible exception of India being somewhat shaky on some of this, but Japan has been extremely strong -- so has Australia -- in terms of dealing with Putin's aggression."
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
'Internal security of India has become a joke. The country's security is 'Ram-bharose'
As electoral sails shift in the dynamic political winds of West Bengal, two factors may still change the electoral equations are how the BJP fares this time and how Muslims are going to vote. Mayank Mishra reports.
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale.
'We wanted the PM to speak, and he just refused to -- now we have the opportunity, not just in the Lok Sabha, but also in the Rajya Sabha, to lay the government on the mat.'
'It could backfire on the BJP and boost the Opposition parties.'
Zee News, Zee Media's flagship brand, was at the centre of a controversy over its media practices that pushed Subhash Chandra towards BJP.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
