Rising penetration of trade generic medicines is eating into the value growth of the domestic pharmaceutical market, showed a recent analysis. According to a Kotak Institutional Equities analysis, 70-110 basis points (bps) annual dent is expected from trade generics and Jan Aushadhi on Indian Pharma Market (IPM) growth at least until FY27-28 (see chart). Trade generic medicines are those that are not pushed into the market through doctor promotions.
Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.
'Each one of us have to save our planet, our environment,' she said in an Instagram post.
Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market -- City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India through a wholly-owned subsidiary, has commenced the bookings of the model and plans to introduce it in the market next month. As per the company, the model, an extension of its City model range, would feature self-charging two-motor strong hybrid system connected to a 1.5 litre petrol engine, entailing a peak power of 126 PS and fuel efficiency of 26.5 km per litre.
Asserting that there was growing scourge of terrorism in view of fast growing linkages of terrorist groups across the globe, India on Tuesday strongly advocated stepped up cooperation through intelligence exchange and training with 54 African countries.
The two actors decide to clean up their act this Earth Day.
Moody's Investors Service on Wednesday raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum. It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November last year. In its February update to Global Macro Outlook 2023-24, Moody's raised the baseline 2023 real growth projections "meaningfully" for several G20 economies, including the US, Canada, the Euro area, India, Russia, Mexico, and Turkiye, accounting for a stronger end to 2022.
National Security Council Coordinator for Strategic Communications (NSCCSC) John Kirby on Tuesday told a press conference in Washington, DC: "India will be a critical strategic partner for the United States in the coming decades."
A sea of fans welcomed him, as he and his wife Lakshmi made their way out of the airport.
In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."
US President Barack Obama and Indian Prime Minister Manmohan Singh cozied up to each other at a summit of the G8-G5 groupings at L'Aquila in Italy on Thursday.
In an alarming sign, scientists have warned that Arctic sea ice is dramatically melting at a faster rate than previously thought, which may accelerate the effects of global warming.
The study, conducted by over 1800 scientists from 130 countries paints a gloomy picture for sensitive eco-systems, which include Western Ghats in India, tropical Andes and Cameroonian Highlands, where more than 79 per cent of the mammal species are under threat.
Amid the furore over water being being used to maintain cricket pitches for IPL games in drought-hit Maharashtra, Sunrisers Hyderabad mentor VVS Laxman said shifting matches is not a solution for what is now a national problem. "I don't think that it is a solution. You have to find out the root cause of the main problem. As I mentioned, it's been bad as far as monsoon are concerned. It's not only a problem in one state but throughout the country. So, shifting from Mumbai will not be a real solution," he told reporters in Hyderabad at an event. Asserting that shortage of water is a fallout of global warming and climate change, Laxman said it is a phenomenon that affects the whole country. "Identify the root cause and I am sure the government is looking into it and the necessary departments have to take all the precautions so that it does not happen. Because, this is going to be a problem. We have seen so much of global warming. "One of the major effects is climate change which indirectly will affect the water. We have seen that in the past. It affects the country, not one or two cities," Laxman said.
'The Weather Channel argues that India faces the gravest challenge: Climate change-induced health vulnerability.' 'This is an issue often neglected, alerts Claude Arpi: "Prolonged summers, unpredictable rains, floods, droughts, and rising sea levels are the harsh realities of climate change in the country. These factors increase the frequency and severity of illnesses, pushing people into poverty, and forcing migration".'
The financial district of Wall Street is slowly turning 'green'.
Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board.
Congressman James Sensenbrenner, the senior most Republican was among a high-powered delegation of US lawmakers, led by House Speaker Nancy Pelosi that visited India last month. Sensenbrenner has made it clear that the US Congress will not ratify any global climate change agreement if India is not a party to it. This delegation focused on global warming and energy among other issues. He said without India & China, the US will be at an economic disadvantage in a global treaty.
Environment ministers of the BASIC bloc -- Brazil, South Africa, India and China -- have said that a legally binding global agreement to limit climate change needed to be completed by 2011, noting that the world could not wait indefinitely for the US to finalise its legislation on the issue.
All machines will go the way of all flesh - and the more modern the machine, the sooner it will do so.
The summit is being attended by more than 30 heads of state and top officials from the European Union and invited guest countries and 14 heads of international organisations.
In an alarming sign, scientists have warned that Arctic sea ice is dramatically melting at a faster rate than previously thought, which may accelerate the effects of global warming.
With the state-owned BSNL's 93-million-line tender once again the subject of a controversy, it's but natural to elicit the views of Ericsson's global president and CEO Carl-Henric Svanberg on this
Though most companies fall under categories that have more to do with reducing emissions or saving power, there are brands that have nothing to do with power and energy, who are working towards developing a greener environment.
Up to 90 per cent of the decrease in potential food production is linked to smog, made up of black carbon and other pollutants.
The race among Indian automobile manufacturers to make cheap cars, initiated by Tata's Nano will further create pollution, road congestion, global warming and health problems, says a new book.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
According to a report, global populations of mammals, birds, fish, amphibians and reptiles have already declined by 58 per cent between 1970 and 2012.
PM Manmohan Singh is keen on addressing the issues of global warming in India and has promised a Venture Capital Fund to promote green technologies.
India's decision to fall back on an Islamic and authoritarian government to protect and promote its interests is a sad commentary on its neighbourhood policy, says T P Sreenivasan.
"The time is now for us to launch an EverGreen Revolution from Mexico, a revolution that will trigger innovations in low-carbon technologies for energy, transport, agriculture and other areas," Environment Minister Jairam Ramesh said during the UN Conference of Parties.
This is the message of the latest Human Development report, 2007-2008, which was released on Tuesday by Planning Commission Deputy Chairman Montek Singh Ahluwalia in New Delhi. The global release was in Brazil.
"Young people are much aware and focused about the environment issues. I have noticed this from Malia and Sasha and from today's presentation," he said.
With all the criticism over the mistake, the IPCC has decided to bring in editors and coordinating lead authors for its fifth assessment report.
With contentions over important dates like the melting of the Himalayas being disputed, the scientific studies, which contradict each other are losing credibility.
Climate experts have predicted that future summers are going to significantly drier, but before that we will have to put up with a couple of decades of unusually wet summers. The rising levels of carbon dioxide will lead to summer rainfall, London's Met Office's Hadley Centre predicted in a British daily. Research techniques have shown that the effect of global warming, with dangerous heat waves, is likely to be commonplace by 2040.
Prime Minister Narendra Modi on Friday met Israeli President Isaac Herzog and underscored India's support for an early and durable resolution of the Israel-Palestine issue through dialogue and diplomacy.
Mumbai Indians is now a truly global franchise with presence across two genders, three continents, four countries and five leagues.
In his monthly Mann Ki Baat radio broadcast, Modi also said that India is fully prepared for the G20 leaders summit, and heads of 40 countries and many global organisations are coming to Delhi to participate in the event.
The intensification of global financial crisis in the second half of 2008 had forced Indian companies to put on hold their global plans. When going was good till early 2008, Indian banks -- both public and private sector -- played their part, albeit as junior partners to large international banks, in funding deals.
