While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
Dismissing allegations that Indian phacosrmaceutical companies copy products of Swiss firms, Commerce and Industry Minister Piyush Goyal on Tuesday said it is a long-standing myth and India respects intellectual property rights and never steals technology from others. He said that Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patents or copyrighted technology.
'In those 10 seconds, they even made a MAYDAY call -- which is only issued in case of a serious, imminent emergency.'
According to Misri's statement, Modi said he could not accept the invitation due to a pre-existing schedule, and invited Trump to visit India for the Quad Summit, likely later this year.
India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.
Following a complaint by a police inspector, the case was registered at Cubbon Park station, they said.
Addressing close to 700 employees and the leadership team across the Air India headquarters and Air India Training Academy in Gurugram, Chandrasekaran urged them to stay on course, terming the accident the most "heartbreaking" crisis of his career.
The process of identification of victims by matching the DNA samples is currently underway, and the bodies will be handed over to their relatives once the process is complete.
Satyajit Ray anticipated the issues we are only now starting to raise, long before large language models, AI chatbots, predictive algorithms, and autonomous systems began to control every bit of our lifestyles, notes Atanu Biswas.
The Supreme Court of India has reprimanded the central government for failing to implement a cashless treatment scheme for road accident victims. The court expressed its concern over the delay in formulating the scheme, which is designed to provide immediate medical care to accident victims within the crucial "golden hour." The court highlighted that despite a statutory provision requiring the scheme's implementation, the government has not taken any action, prompting the court to intervene. The court also criticized the General Insurance Council (GIC) for raising objections to the scheme and delaying its implementation. The court has now directed the government to notify the scheme within a week and has scheduled a hearing on the matter for May 13.
Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.
Speaking to reporters after a cabinet meeting, the chief minister also announced a one-man judicial probe, headed by Justice Michael D'Cunha, a retired high court judge of Karnataka, into the tragic incident.
The announcements were made after a meeting chaired by Prime Minister Shehbaz Sharif to formulate the country's response to India's move to suspend the Indus Water Treaty and downgrade diplomatic ties after the Pahalgam terror attack.
Tharoor said that though India's case might not be at the top of the agenda for the US media, India can get its message across easily.
In a first for a major corporate house, engineering, procurement and construction major Larsen and Toubro on Thursday announced a one-day paid menstrual leave for women employees. The move will benefit about 5,000 women employees at the Mumbai-headquartered company.
The Bombay high court on Friday constituted a three-judge special bench to hear the pleas challenging the constitutional validity of the law providing Maratha reservation following a Supreme Court directive.
We have nothing to gain by raising our concerns internationally as our narrative has got entangled with several controversial concepts in the United Nations, asserts Ambassador T N Sreenivasan.
Pakistan is holding a high-level security meeting to formulate a response to India's suspension of the Indus Water Treaty and downgrading of diplomatic ties. The meeting, convened by Prime Minister Shehbaz Sharif, will include the National Security Committee, three services chiefs, and key ministers. The move comes after India blamed Pakistan for a terror attack in Pahalgam, which Pakistan has denied. Diplomatic observers warn that the escalation could further strain relations between the two countries.
Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday. WPI-based inflation was 2.05 per cent in March. It was 1.19 per cent in April last year.
Pharma major Dr Reddy's Laboratories delivered a muted operational performance in the fourth quarter of financial year 2024-25 (Q4FY25), even as revenue growth remained healthy. Lower gross margin performance and muted domestic growth are key concerns. Most brokerages have a "Sell" or "Reduce" rating as there are uncertainties related to the development of a new product portfolio and the launch timelines.
'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'
The Supreme Court of India has directed its registry to call for a report from IIT Kharagpur and Kota, Rajasthan, after the suicides of a student and a NEET aspirant came to light. The court is seeking to ascertain whether FIRs were registered in both cases, highlighting the disturbing pattern of student suicides in educational institutions. The court has also previously ordered the formation of a national task force to address mental health concerns and prevent suicides in higher educational institutions.
With the summer approaching sooner than scheduled, Maharashtra, Telangana, Odisha, and West Bengal have already started experiencing heat waves with temperatures soaring above 40°C.
'For the first time in this country, perhaps the first time anywhere, we are going to use backwardness index.' 'It is a fundamental shift in the discourse in the country's social justice.'
'China has thus far been cautious, emphasising its focus on development rather than weaponising water resources.'
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
The US remained India's largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at $131.84 billion, while the country's trade deficit with China widened to $99.2 billion during the same period, government data showed. In the last fiscal, India's exports to China contracted 14.5 per cent to $14.25 billion as against $16.66 billion in 2023-24. The imports, however, rose by 11.52 per cent in 2024-25 to $113.45 billion against $101.73 billion in 2023-24.
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
Wholesale price inflation eased to 2.05 per cent in March, as against 2.38 per cent in February, government data showed on Tuesday. The wholesale price index (WPI) based inflation, however, rose year-on-year.
India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.
West Bengal Governor C V Ananda Bose has submitted a report to the Union Ministry of Home Affairs expressing concern over the recent riots in Murshidabad district and the threat of "radicalisation" and "militancy". The governor has suggested a series of measures, including the establishment of a commission of inquiry and the deployment of central forces in border districts, and has hinted at the possibility of President's rule under Article 356 if the situation deteriorates further. He has also criticized the state government's response to the violence, alleging a lack of coordination and a failure to prevent the escalation of the situation.
The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.
38-year-old off-spinner Ravichandran Ashwin, who was bought back to Chepauk for a whopping sum of Rs 9.75 crore, is at the receiving end of criticism from fans and former cricketers after underwhelming performances in the 18th edition of the cash-rich T20 league.
The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.
These duties will come into force from April 9.
Pattali Makkal Katchi (PMK) founder Dr S Ramadoss has announced taking up the complete reins of the party, relegating his president son Anbumani to the role of working president. The move, announced ahead of Union Home Minister Amit Shah's visit to Chennai, comes in anticipation of the 2026 Assembly election.
The Sixteenth Finance Commission Chairman, Arvind Panagariya, has highlighted the challenges faced by southern states due to falling fertility rates and the subsequent increase in dependency ratios and ageing populations. He noted that Andhra Pradesh, Assam, and Tamil Nadu have raised concerns about these demographic trends. The Commission is currently touring the states to gather feedback and is expected to submit its recommendations after completing nationwide consultations.
Amid the ongoing global tariff war, Reserve Bank Governor Sanjay Malhotra on Wednesday said he is more worried about its impact on growth than inflation. Speaking to the media after presentation of the first bi-monthly monetary policy for the current financial year, Malhotra said, RBI has reduced the growth forecast for 2025-26 by 20 basis points to 6.5 per cent.
'Currently, it takes between two and three years to formulate the request for proposal for procuring specific military equipment for the armed forces. It should not be this way.'
Today's Hindi film mothers are younger, trendier, more mischievous. But, truth be told, says Dinesh Raheja, I still do miss sometimes the comforting presence of the trad mother.
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