Indian drug firms get a shot in the arm in the $12 bn Australian drug market as the Therapeutic Goods Administration (TGA), Australia agrees to accelerate the drug approval process in that country for Indian players who already have an approved plant and product from one of the stringent regulatory authorities like US, EU or Canada. From current sales of $340 mn, the Indian firms can see a significant upside in sales; felt Dinesh Dua, former chairman of the Pharmaceutical Exports Promotion Council of India (Pharmexcil), and the MD of Nectar Lifesciences. He highlighted that only 12 percent of the Australian drug market is generic, as against 80-90 per cent in the US or EU. Of this $1.5 bn generic drug market in India, Indian companies have a small share.
The world players' union has criticised European soccer's governing body UEFA for failing to enforce its own guidelines on racism following the abuse hurled at ManchesterCity's Yaya Toure in Moscow.
Market observers also said the approvals depended a lot on the funds themselves, and the extent to which they followed the new norms introduced last year.
The British-Swedish pharmaceutical major and the UK's medicines regulator said that the vaccines produced by Oxford University in collaboration with AstraZeneca to protect against COVID-19 are safe.
Leading British-Indian MP Keith Vaz on Tuesday took his fight against the European Union's impending ban on the import of Indian mangoes to the Prime Minister's office in London.
Germany's drug regulator has banned the sale of 80 generic medicines with immediate effect on the grounds that their clinical trials conducted by India's pharmaceutical research company GVK Biosciences were "insufficient".
Respiratory product paves way for launch in larger markets and greater earnings visibility.
IMAGES from the Europa League matches played on Thursday.
'Football Leaks' documents, showing the two clubs had inflated sponsorship revenues to meet the requirements, were obtained by the German publication Der Spiegel.
Wembley is scheduled to host the semi-finals on July 6 and 7 before the July 11 final.
The FDA has been tightening its monitoring of Indian pharma majors over compliance issues. Surprise plant inspections and import alerts have been frequent outcomes
CCI decided to pursue investigation on two issues - these relate to "exclusivity regarding the mode of payment for the purchase of apps and in-app purchases" and "pre-installation and prominence of Google Pay on Android smartphones".
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.
The aviation regulator has also laid down training guidelines for the flight crew to handle the new facility being given to the air travellers.
A referendum will be held on Thursday, June 23, to decide whether Britain should exit (Britain's exit, hence the term Brexit) or remain in the European Union.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
GVK Biosciences is the latest Indian firm to come under international scrutiny over quality issues.
The UK has had a complex relationship and checkered history with the EU.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
It neither mentions timelines for refund or compensation, nor talks about penal provisions for airlines.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
The rumblings of discontent from Righteous Europe over Qatar's admittedly appalling human rights record can only be viewed as deeply disingenuous and phoney, argues Kanika Datta.
The 'Rating Level 4' means that the financial market regulators have all regulatory measures "fully in force"
As India goes into firming up trade deals with developed nations like Australia, the United Kingdom (UK) and the regional bloc, and the European Union (EU), it will have to be well prepared to negotiate on new-generation issues, such as data protection regulation, e-commerce, and environment. India is yet to negotiate pacts with its trading partners on these evolving issues since discussions between them have until now been largely focused on tariff and non-tariff barriers and the rules of origin. "We can no longer look at trade just as trade. We have to look at it in totality of global and regional conditions.
It is startling that Mark Zuckerberg has failed to convince so many in India about the merits of Free Basics.
The civil aviation ministry had last week suspended all flights between the European country and India from December 23 to December 31 as a mutated variant of the coronavirus was detected there.
The verdict in the right to privacy case is historic and of global significance because it establishes dharma, righteousness and destroys adharma.
The verdict in the right to privacy case is historic and of global significance because it establishes dharma, righteousness and destroys adharma.
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The decision of the Directorate General of Civil Aviation comes at a time when the UN-body International Civil Aviation Organisation is working on global market-based measures to check aviation emissions.
The United States, the United Kingdom, the European Union and NATO have expressed concern on the new law and warned of retaliatory measures.
Strict norms for arriving international passengers, especially from 'at-risk' countries, will come into effect from Tuesday midnight and authorities are stepping their vigil for effective surveillance amid mounting concerns over the emergence of the coronavirus variant Omicron.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
If it goes ahead, the combination would create the world's biggest exchange by revenue.
Facebook and Twitter now restrict users below the age of 13 from signing up on their platforms. LinkedIn doesn't provide its services to children below the age of 16.
The DGCA official who wrongly assigned the code of Antonov AN-32 -- an aircraft used by the IAF -- to the SpiceJet aircraft has been suspended, report Arindam Majumder and Aneesh Phadnis.
The BSE Midcap also cut all its intraday gains to shed 0.3% at close
While Britain grapples with a hung parliament, EU has warned, 'We don't know when Brexit talks start. We know when they must end.'
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The British drugmaker said the shot, called RTS,S, is intended exclusively for use outside the European Union but will be evaluated by the European Medicines Agency in collaboration with the World Health Organisation.
