Any potential tariffs on pharmaceutical imports into the US are unlikely to impact the credit profiles of Indian firms except for a short-term pricing blip, according to a report by India Ratings and Research (Ind-Ra). The report stated that the US generics market contributes around 35 per cent to the total revenue of the leading Indian pharma firms.
India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said.
'A small boat with a single sail cannot withstand the stormy waves, and only by working together can we sail steadily and far,' Xi told the Vietnamese leadership.
'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'
A five-time Olympic shooter, Randhir Singh was the lone eligible candidate for the OCA president's post.
The diplomatic exercise aimed at presenting India's stance against Pakistan on terror comes in the wake of Operation Sindoor -- the Indian offensive against terror camps in Pakistan and Pakistan-occupied Kashmir following the April 22 terror attack in Pahalgam in which 26 people, mostly tourists, were killed.
On October 14, 1956, Dr B R Ambedkar, fulfilling his long-held vow to renounce Hinduism, embraced Buddhism along with over 500,000 followers at Nagpur's Deekshabhoomi, marking a new era of social and spiritual liberation for India's Dalits.
The additional 25 per cent tariff imposed by US President Donald Trump on India is set to deliver a major blow to West Bengal's export-driven economy, with the state's labour-intensive leather, engineering and marine sectors expecting losses ahead of the festive season, stakeholders said. The increased levies on Indian products for the country's purchases of Russian oil came into effect on Wednesday, bringing the total amount of tariff imposed on New Delhi to 50 per cent.
United States President Donald Trump on Wednesday said that the US is 'doing a trade deal with India' as the two sides continue to hold talks on the proposed trade pact.
There is no official word on India's level of participation at the deliberations related to the summit.
The 81-year-old ex-president returned from Thailand a month after his "secret departure" sparked protests in Bangladesh for being allowed to leave despite being accused of murder.
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
'I need 3-4 lakhs for the wedding. All prospective grooms demand a motorcycle which costs 1 to 1.5 lakhs, then you have to also give a bed, cupboard, utensils, fridge,' says Kamala, her wrinkled forehead furrowing with despair.
India ranks 6th in the Asia-Pacific region for the Italian super luxury carmaker.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.
Maruti Suzuki India is targeting markets like UAE, Saudi Arabia, Chile, Mexico and other Latin American countries with its upcoming new version of compact sedan Dzire to accelerate exports as it eyes over 3 lakh units of overseas shipments this fiscal, a senior company official said on Wednesday. In the domestic market, the company hopes to enhance its share in the sedan market amid the passenger vehicles market shifting towards SUVs (Sports Utility Vehicles), with the new Dzire which is slated for launch next week. "We have been growing (exports) at a rate of about 11.9 per cent in the first seven months of the financial year and we hope to continue on that momentum.
United States President Donald Trump said that China 'knows the consequences' if it attacks Taiwan, asserting that Chinese President Xi Jinping understands the situation 'very well'.
Japan, South Korea, Australia, Iran, Uzbekistan and Jordan have already taken six of Asia's eight guaranteed spots at next year's 48-team World Cup.
'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.
Shailesh Jejurikar has 'always made an effort to stay close to his roots.'
Can Imperial Japan be forgiven for what it did to Indian soldiers it was supposed to protect as PoWs?
Herscht 07769 by this year's literature laureate, Krasznahorkai, has been described as a great contemporary German novel, on account of its accuracy in portraying the country's social unrest.
Bangladesh plunged into chaos after Sheikh Hasina resigned as the Prime Minister of Bangladesh and fled the country in the wake of mounting protests on August 5.
The way to deal with a bully is to resist bullying, because submission in the first instance only invites even more overbearing demands in future. What may seem like a small price to pay now will lead to a much higher price later, warns former foreign secretary Shyam Saran.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
'While the President has been critical of India, he has gone out of his way to compliment PM Modi. They have an incredible relationship.'
With only a few days to go before the country celebrates Holi, several airline companies offered discounts on fares on the occasion of the festival of colours. While two airlines are providing discounts on both domestic and international networks, another has the offer only for the domestic sector. Low-cost airline Akasa Air said it is offering an all-inclusive one-way fare starting at Rs 1,499 on domestic routes.
'Geopolitically and diplomatically it's a very difficult situation for India.'
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.
Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.
As India and China continue to face off across the Himalayas six decades later, the echoes of that earlier conflict remain unmistakable. The core of China's sensitivity lies not in maps or mountain passes, but in its perception of sovereignty over Tibet, points out Dr Kumar.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
In the wake of the recent hostilities, both sides have moved from weapons to words, with India dispatching several delegations to visit more than 30 capitals across the world. A similar effort by Pakistan is set to start on Jun 2.
Top military officials from India and Pakistan highlighted their views at the Shangri-La Dialogue in Singapore, billed as Asia's premier defence forum, amid heightened tensions between the two sides following last month's military confrontation.
'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.
'After tobacco, the next most common cause for oral cancer is alcohol.'
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
Testing for influenza-like illness and severe acute respiratory infections cases has been the pillars of COVID management for the government.
