Daily Headlinez Top News Updates
NEW DELHI: Domestic drugmakers are set to gain clarity under the proposed India-US trade agreement, sharpening expansion plans in the world’s most lucrative pharmaceutical market. While the sector was insulated from punitive US tariffs, the generics business of major companies including Sun Pharma, Dr Reddy’s and Cipla faced significant headwinds in the third quarter ended…
Rationalising import duties and stepping up budgetary allocations in the upcoming Union Budget could give a strong push to domestic manufacturing and exports, Deloitte India said on Tuesday.The consulting firm said the Budget for 2026-27, which is scheduled to be presented on February 1, should build on the government’s ongoing efforts to strengthen manufacturing at…
NEW DELHI: Amid global trade headwinds, PM Narendra Modi on Monday met key export bodies to discuss “export competitiveness”.The meeting, which included representatives from textiles and apparel, seafood, engineering, leather sectors and gems and jewellery, comes at a time when US tariffs have hit these segments hard, with others such as electronics and pharma going…
The rupee’s trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged positions are facing losses. Corporates engaged in over-the-counter forex derivative transactions, anticipating stable rupee levels, are reportedly worried as the currency crosses 89. The financial sector remains uncertain whether the Reserve Bank of…
NEW DELHI: Japanese companies have signed over 170 MoUs over the last two years with investment of over $13 billion committed in the country. But the cooperation is not limited to large players alone.Japanese industry partnerships are also enabling the entry of Indian small and medium enterprises into global supply chains, helping them gain from…
