India Financial News

02.12 / 16:55
markets Manufacturing Justice show country Courts Dr Reddy’s wins Delhi HC nod to export semaglutide to non-patent markets
Subscribe to enjoy similar stories. The Delhi High Court on Tuesday allowed domestic drugmaker Dr Reddy’s Laboratories to manufacture and export its generic version of semaglutide to countries where the patent-holder Novo Nordisk does not have patent protection. Notably, semaglutide is the compound behind the Danish drugmaker’s blockbuster weight-loss drug Ozempic.
02.12 / 14:29
markets UPS FIVE Digital Trade Pride blues Pernod Ricard exits Imperial Blue to bet big on premium spirits
Subscribe to enjoy similar stories. NEW DELHI: French spirits major Pernod Ricard India is sharpening its focus on premium alcohol, exiting the mass-market whisky segment even as it launches a new India-made brand aimed at consumers trading up. The company this week completed the sale of its Imperial Blue whisky, among India’s largest-selling mass brands, to Tilaknagar Industries.
02.12 / 14:29
Citi Strategy Food wellness Diversity beautiful International Fireside raises $253 mn in a sign global appetite for Indian brands is rising
Subscribe to enjoy similar stories. MUMBAI : Fireside Ventures has closed its fourth consumer-focused fund at $253 million with a more diverse base of investors, or limited partners (LPs), to continue backing early-stage startups in India, a top official at the investment firm said. “In this fund, we have a 50-50 split between domestic and global investors.
06.04 / 15:37
Provident Digital Progressive Action Death community Healthcare World Health Day 2025: India marks progress in maternal and child health with key initiatives
World Health Day 2025, with WHO's theme «Healthy Beginnings, Hopeful Futures,» India continues to strengthen its healthcare systems through initiatives like Ayushman Bharat and the National Health Mission, marking significant progress in improving maternal and child health, expanding digital healthcare access, and enhancing public health infrastructure. World Health Day, observed annually on April 7, underscores the importance of global health and calls for collective action to address pressing health challenges. Started by the World Health Organization (WHO) in 1950, it unites governments, institutions, and communities in addressing critical health priorities each year. According to an official release, the Ministry of Health and Family Welfare has made substantial strides in improving India's public health outcomes through various key initiatives and programs. The National Health Mission (NHM) has played a central role in this progress. The release mentioned that the MMR (Maternal Mortality Ratio) in India dropped from 130 (2014-16) to 97 (2018-20) per 1,00,000 live births, a decline of 33 points. «Over the last 30 years (1990-2020), MMR declined by 83% in India,» the release stated.
06.04 / 15:37
markets Assurant Remark ICE Food country innovations Semiconductor founder hits back at Piyush Goyal’s ‘ice cream or chips’ remark
semiconductor startup founder has issued a strong rebuttal to Union Minister Piyush Goyal’s recent criticism of Indian consumer internet startups, highlighting the challenges faced by deep-tech entrepreneurs in India. At Startup Mahakumbh 2025, Goyal had taken a swipe at the direction many startups were heading, saying, “Do we have to make ice cream or chips? Dukaandari hi karna hai?” His comments suggested a preference for innovation in areas like semiconductors over consumer-facing ventures such as food delivery or boutique D2C products. Also Read: Zepto's Aadit Palicha, Mohandas Pai react to Piyush Goyal's comments on Indian startups
06.04 / 15:11
film Instagram Photos Celebrity actress stars peace Pakistani actress Saba Qamar’s black dress, chocolate cake, and soulful birthday bash wins over internet. Check photos
Saba Qamar marked her 41st birthday in a peaceful and deeply personal way that quickly resonated with fans and went viral online. Known for her stellar performances in television and film, the star chose simplicity over extravagance for her special day, and her serene celebration left the internet enchanted.
06.04 / 15:11
markets Art Digital CEO Platform show reports ChatGPT downloads surge in India, but revenue lags behind: Report
OpenAI is struggling to convert that momentum into meaningful revenue, TechCrunch reported, citing third-party data. Despite rising engagement, subscription income from India remains a fraction of what the company earns in the United States. Strong adoption, limited monetisation According to analytics firm SensorTower, Indian users have spent $8 million on ChatGPT subscriptions via in-app payments since 2023, excluding web-based payments. In contrast, US users have spent around $330 million during the same period.
06.04 / 14:07
Booking Manufacturing security WhatsApp wellness country Rs 25,000 crore work share for private sector firms in HAL's mega 156 combat helicopter deal
Hindustan Aeronautics Limited (HAL) is looking to outsource work worth around Rs 25,000 crore to the private sector firms. The Cabinet Committee on Security on Friday cleared the mega Rs 62,500 crore deal, and the contract between the Defence Ministry and the HAL was signed on the same day. «We are going to follow the Light Combat Aircraft manufacturing model in this programme as well. The HAL would soon be issuing tenders for involving the private sector in a big way in the Light Combat helicopter (LCh) project,» defence officials told ANI. In the LCA project also, different sections of the aircraft like fuselage, wings etc have been given to different private sector companies like Larsen and Toubro and Vem Technologies, they said. Around 40 per cent of the work share in the Rs 62,500 crore project is planned to be outsourced to the private industry. This is also going to help in further expanding the defence industrial ecosystem in the country at all levels, the officials said
06.04 / 14:07
Instagram show social Equality Features Videos inequality Lady doctor says she 'won at life' as husband rejects stacks of dowry cash in viral wedding video. Watch
dowry system, a centuries-old practice in South Asia where a bride's family gives money, gifts, or property to the groom's family, continues to persist despite being outlawed in India. This tradition, often viewed as a burden on families and a source of gender inequality, has faced growing criticism in recent years. A viral wedding video on social media has offered a powerful example of how individuals are rejecting outdated customs and advocating for change.
06.04 / 14:07
MET Election President country Congress' Ahmedabad session to be its 6th in Gujarat; to put spotlight on legacy of Mahatma Gandhi, Patel
Congress has had a historical connection with Gujarat as its stalwarts, Mahatma Gandhi and Vallabhbhai Patel, hailed from there and the party has held five of its sessions in the state, with each of those contributing in shaping the country's history. The upcoming All India Congress Committee (AICC) session in Ahmedabad on April 8-9 will be the party's sixth in the state and the second post independence. It will also be the Congress's third session in Ahmedabad since its formation in 1885. In a video statement, Congress general secretary in-charge of Gujarat affairs Mukul Wasnik said on Sunday that the session would be attended by party president Mallikarjun Kharge, former party chiefs Sonia Gandhi and Rahul Gandhi and other top leaders. He said all key issues facing the country and political challenges will be discussed at the session and the direction of Indian politics shaped. A couple of days before the session, Congress general secretary in-charge communications Jairam Ramesh put out on X the official records of the past sessions held in Gujarat.
06.04 / 13:49
BLOCK Platform Sustainability Metro country travelers Traffic Delhi Metro to roll out India's first 3-coach train corridor on Lajpat Nagar-Saket G Block route
Delhi Metro Rail Corporation (DMRC) is set to introduce the country's first metro corridor designed for operations with three-coach trains on the upcoming Lajpat Nagar-Saket G Block route, officials said on Sunday. A part of Phase-IV of the Delhi Metro project, the corridor will span eight kilometer and be the second-smallest in the network, the DMRC said in a statement. The line aims to enhance last-mile connectivity and ensure seamless interchange with existing corridors, it said. Unlike other metro lines that operate with four, six or eight coaches, the new corridor will use 3-coach trains, developed specifically for short-distance urban travel, the statement said.
06.04 / 13:49
WhatsApp Myanmar innovations cricket Lankans' aggressive play in 1996 foreshadowed T20 cricket: PM Modi
Sri Lanka's 1996 World Cup-winning squad included Sanath Jayasuriya, Chaminda Vaas, Aravinda de Silva, Marvan Atapattu, Ravindra Pushpakumara, Upul Chandana, Kumar Dharmasena, and Romesh Kaluwitharana. «PM Modi acknowledged that the aggressive and innovative style of Sri Lankan cricket in the 1996 World Cup in a way giving birth to T20 cricket,» an official said. During his sojourn to the island nation, Modi recalled India's visit to Sri Lanka in 1996 despite a bomb blast, calling it a strong symbol of sportsmanship and enduring friendship. He said he visited Lanka immediately after the 2019 terror attacks. The spirit of India remains the same, he added.
06.04 / 13:49
Target Booking Action Bill reports Equality rights BJP government wants to acquire land through Waqf Act, grab Padmanabh temple gold: Maharashtra Congress chief
Waqf Amendment Act. He claimed the government has set its eyes on «grabbing» huge amount of gold in the famous Padmanabh temple (in Kerala). Sapkal visited the Kalaram temple in Nashik holding the Constitution book and offered prayers on the occasion of Ram Navami. Speaking to reporters, he said Lord Ram is an integral part of the Indian culture. He said Babasaheb Ambedkar had protested to gain entry into the historical Kalaram temple in Nashik, but the then system resisted his attempts. «I entered the Kalaram temple holding the sacred Constitution written by Babasaheb to have darshan of Lord Ram,» he said.
06.04 / 13:29
Provident Volkswagen SVB information Department Courts Investigations Customs blames VW for delay in $1.4 bn tax evasion case
Subscribe to enjoy similar stories. India’s tax authorities have blamed Skoda Auto Volkswagen India Pvt. Ltd for the delay in its provisional assessment of $1.4 billion (about ₹11,526 crore) tax demand, saying the Indian unit of the German automaker did not provide the information needed promptly.
06.04 / 13:29
markets COST Manufacturing economy Trade President country ‘Looted’ nation: The ultimate guide to decoding Trump’s Liberation Day tariffs
Subscribe to enjoy similar stories. Chennai: In 1947, the US led 23 nations into signing the General Agreement on Tariffs and Trade (GATT). The effort was to lower trade and tariff barriers among nations.
06.04 / 12:47
markets COST UPS Trade Experts country Indian single malts keep up spirits despite Trump’s tariff heat
Subscribe to enjoy similar stories. New Delhi: India's premium whisky, including single malts, headed to the US may not be hit even as the liquor sector may feel the heat of the additional 26% reciprocal tariffs introduced by the US. “An increase in tariffs does have an impact, but whether it will be significant or just a knee-jerk reaction will become clear only after the release of the detailed schedule in the next few days," said Vinod Giri, director general, Brewers Association of India (BAI).
06.04 / 11:05
WhatsApp Death hospital gatherings Punjab farmer leader Jagjit Singh Dallewal ends his indefinite hunger strike
Punjab farmer leader Jagjit Singh Dallewal on Sunday ended his indefinite fast, which he had started on November 26 last year to press for various demands of agitating farmers including a legal guarantee on the minimum support price for crops. The announcement came a day after Union Agriculture Minister Shivraj Singh Chouhan and Union Minister of State for Railways Ravneet Singh Bittu appealed to him to end his fast-unto-death. Dallewal announced that he was ending his indefinite fast at a 'Kisan Mahapanchayat' organised at Sirhind in Fatehgarh Sahib district of Punjab. «You (farmers) all have asked me to end the fast unto death. I am indebted to you for taking care of the agitation. I respect your sentiments. I accept your order,» said Dallewal while addressing the farmers' gathering. Dallewal is a senior leader of a joint forum of the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha (KMM). He began his indefinite hunger strike on November 26 last year to press the Centre to accept the farmers' demands.
06.04 / 11:05
UPS Manufacturing CEO Trade country India's toy industry ready to take advantage of high US tariffs on competitors like China, Vietnam
Indian toy industry is ready to take advantage of the high tariffs imposed by the US on competitors such as China and Vietnam, and the domestic players have already begun work on expanding capacity and forming joint ventures with global firms, exporters said on Sunday. They added that India has emerged as a winner in the recent US tariff hikes, as the exporters are better positioned to absorb the impact compared to competitor countries that are facing higher import duties in America. While the US has imposed an additional 26 per cent import duty on India, its competitor Vietnam is facing 46 per cent tariff, Bangladesh 37 per cent, China 54 per cent, Indonesia 32 per cent, and Thailand 36 per cent. «Huge opportunities are there for our exporters now. Vietnam's exports are about USD 6 billion and China's are USD 80 billion. Now their items will face higher duties in the US than that of Indian toys. All big toy firms are exploring opportunities to set up plants in India,» the CEO of Playgro Toys India, Manu Gupta, said. India's toy exports are hovering in the range of USD 326 million to USD 348 million for the last three years, according to the industry. He said that early conclusion of a bilateral trade agreement with the US will also help Indian toy players to increase shipments.
06.04 / 11:05
UPS Provident economy Trade President country India to focus on trade deal, avoids retaliation on US tariffs
Donald Trump’s tariff imposition, and is focusing efforts on negotiating a bilateral trade deal with the US to bring down duties, according to a Indian government official. The South Asian country is seeking dialogue and not confrontation, the official said, adding that India has first mover advantage compared to rivals in the region. India plans to work toward a balanced and equitable trade deal with the US, the official said. All options are up for negotiation, and both goods and services will be discussed, according to the official. The government is also in touch with exporters on the expected impact and will help if they reach out. Trump last week announced a 26% tariff on US imports from India, dealing a blow to exporters and risking exacerbating a slowdown in an economy already suffering from weak consumer confidence. A lower negotiated rate could provide some relief, though escalating global trade tensions are still a threat. During his visit to Washington after Trump’s return to the Oval Office, Prime Minister Narendra Modi and the US president agreed to negotiate a bilateral trade deal by the fall of this year.
06.04 / 11:05
UPS security Strategy inclusion information Updates Explained: The curious case of mutual fund taxation
At the heart of this transformation lies the “Mutual Funds Sahi Hain” campaign, which not only democratized mutual fund investing but also played a pivotal role in advancing financial inclusion.
06.04 / 11:05
Provident FIVE Sustainability Stealth Fishing Investigations Indian Navy provides critical medical aid to Pakistani crew member on dhow off Oman coast
Pakistani crew member on a fishing vessel off the Oman coast, the Navy said on Sunday. INS Trikand, a mission-deployed stealth frigate of the Indian Navy, on Friday intercepted a distress call from an Iranian dhow Al Omeedi, operating approximately 350 nautical miles east of the Oman coast. The Navy, in a release, said upon investigation, it was found that a crew member of the dhow had sustained severe injuries to his fingers while working on the engine and was in critical condition and that he had been transferred to another dhow, FV Abdul Rehman Hanzia, which was en route to Iran. «Trikand immediately altered her course to provide medical assistance to the injured crew member. The crew of FV Abdul Rehman Hanzia consisted of 11 Pakistani (nine Baloch and two Sindhi) and five Iranian personnel. The injured Pakistani (Baloch) national had suffered multiple fractures and severe hand injuries, resulting in heavy blood loss,» the Navy said. The medical officer of INS Trikand, along with a team comprising MARCOS (Marine Commandos) and the ship's boarding team, boarded the vessel to administer aid, it said. After administering local anaesthesia, the ship's medical team performed suturing and splinting on the injured fingers, and the surgical procedure, which lasted for over three hours, was completed, it said,

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