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Subscribe to enjoy similar stories. Sun Pharmaceutical Industries Ltd’s latest acquisition of US-based Checkpoint Therapeutics, Inc. is good news for its speciality business–an area of focus.

Subscribe to enjoy similar stories. The virtue economy has completely burst [in the US]. Many companies are cutting their diversity, equity and inclusion (DEI) programmes, environmental, social and government (ESG) funding in the US has fallen, and companies are being quieter about politics.

Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra. LTIMindtree experienced the most significant drop from peak levels, falling 33%, while Wipro, though performing relatively better, still saw a 16% decline.

Zolve has secured $251 million in a debt-equity mix funding round led by Creaegis. The startup offers credit facilities to students and professionals moving to the United States from other countries. Out of the total funds, $51 million is an equity infusion and the rest is debt. Other than Creaegis the round saw participation by HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors Accel, Lightspeed Venture Partners, Sparta Group, and DST Global. Accel, DST Global, and others had participated in the platform's first institutional funding round of around $40 million, which took place in October 2021.

Donald Trump during a meeting in the Oval Office with Irish Prime Minister Micheál Martin. It was a light-hearted moment at the Oval Office when Trump ribbed Vance about the green-and-white shamrock socks he wore during a meeting with Ireland Prime Minister Michael Martin. Trump couldn't help but laugh as he was momentarily distracted by Vance's crazy-patterned socks.

«In the current situation, we believe that all parties should maintain calm and restraint to avoid escalating the Iran nuclear situation, or even walking towards confrontation and conflict,» foreign ministry spokeswoman Mao Ning told a regular briefing. Beijing will host Russia and Iran for trilateral talks on Tehran's nuclear programme on Friday. The meeting will be attended by China's Vice Foreign Minister Ma Zhaoxu, Russian Deputy Foreign Minister Sergey Ryabkov and Iranian Deputy Foreign Minister Kazem Gharibabadi. The United States withdrew from a landmark deal that had imposed curbs on Iran's nuclear programme in return for sanctions relief during President Donald Trump's first term, which ended in 2021.

It comes as US President Donald Trump's increasingly hostile stance towards traditional European allies has shaken faith in US commitment to the continent's security. Here's what Germany's armed forces — the Bundeswehr — are thought to need, and how they might get it: — What is the state of the Bundeswehr? - Germany cashed in a so-called «peace dividend» after the Cold War. Like other Western countries, it reduced the size of its armed forces and directed more spending to areas like welfare.

Keki Mistry, Former VC & CEO, HDFC & Independent Director in Several Companies, says he would be surprised if India’s growth is not 7% or very close to 7% by the second half of the year. If monsoons are good, food prices continue to remain low, and there is low geopolitical uncertainty, then we can cross 7% in the latter part of the year. Mistry also says that the risk to India from tariff threat is far lesser than the risk to countries like China, Canada or any of these European countries. India is hugely dependent on the domestic economy though exports make for 22-23% of GDP and the US accounts for 16-17% of total exports. So, the proportion of the impact it will have on India will be lesser than in most other countries. FMCG, retail, also the IT sector will do well because of rupee depreciation.

Pi Network Coin rose 13% to $1.68 on Thursday, partially recovering from recent losses. However, the cryptocurrency remains down 44% from its all-time high of $2.98, underscoring ongoing volatility in the broader crypto market. The crypto market rebounded strongly, with Bitcoin surging to $84,000 and XRP rising 4%, while Ethereum, BNB, and Solana also posted notable gains.

Bitcoin and major cryptocurrencies surged on Thursday after softer U.S. inflation data eased economic concerns. U.S. consumer prices rose 0.2% in February, slowing from 0.5% in January. Excluding food and energy, core CPI also increased 0.2%, down from 0.4% the previous month. The data was closely watched amid softer economic indicators and the potential inflationary impact of Trump's tariff policies.

Blackstone chairman and CEO Stephen Schwarzman believes the new US tariff regime has the potential to boost growth and strengthen American consumption demand by attracting foreign investment. Speaking during his visit to India to mark Blackstone’s 20th anniversary in the country, Schwarzman discussed global trade, US policy, and India’s economic prospects. Addressing concerns about the impact of reciprocal tariffs on the US economy, he said that while input costs for American businesses may rise, the policy is already stimulating large-scale inbound investments.

Subscribe to enjoy similar stories. The world is being resurrected. Now our saviour, Donald Trump, is back.

Trump presidency. But did any CEOs expect fierce trade wars with America’s closest allies? And did any investors expect the current nosedive in the markets? America’s businessman president is turning out to be a capital-basher like no other. The S&P Index has just recorded its worst performance compared with the rest of the world this century. The dollar is weakening, inflationary pressure is rising and credible voices are predicting a recession.

Donald Trump has warned his Russian counterpart of «doing things» if the nation refuses for a ceasefire deal with Ukraine. He suggested that financial measures could be used to pressure Moscow but emphasised his priority was achieving peace. While responding to the question about pressuring Russia, Trump said, «I can do things financially, that would be very bad for Russia. I don't want to do that because I want to get peace.» He has said that a ceasefire in Ukraine would benefit Russia but warned of potential downsides, without providing further details. According to Reuters, Trump confirmed that US officials were set to visit Russia to discuss a proposed 30-day halt in hostilities and the possibility of peace talks. After extensive discussions in Saudi Arabia, Ukraine agreed to a ceasefire, leaving the next move to Russia. «Hopefully we can get a ceasefire from Russia,» Trump told reporters in the Oval Office, adding that he had received positive signals but remained cautious about the situation. The Kremlin, meanwhile, stated that it was awaiting details from Washington before responding to the proposal.

Anurag Singh, Managing Partner, Ansid Capital, says every company in the US market is beating the numbers on Q4, but they are giving a weaker or a very cautionary guidance and that is when the markets correct. All the revisions from the analysts and everything for Q1, Q2, the earning revisions are the projections that are being downgraded. It is not that the actual earnings are low, but the projections are. What is shaping up in the global markets and especially the US because there are recessionary fears. But other than that, it is the CPI data that is cooling off. Give us your reading and sense on where the US market is headed, taking cues from all of the macro data. Anurag Singh: CPI came in good and I am of the view that with the efficient cutting of government spending that this government is doing along with the DOGE effort, we have seen the peak of the inflation already. If there was one worry whether inflation will cool down or prove to be sticky, it is now reasonably sure that inflation is not a worry. The worry is moving more towards the recession side, but certainly not on the inflation side. So, on that front, the news is good but there is a whole set of worries that the market is now thinking about.

Donald Trump has done more than any of his modern predecessors to hollow out the foundations of an international system that the United States painstakingly erected in the 80 years since it emerged victorious from World War II. Without formally declaring a reversal of course or offering a strategic rationale, he has pushed the United States to switch sides in the Ukraine war, abandoning for a time all talk about helping a nascent, flawed democracy defend its borders against a larger invader. He did not hesitate when he ordered the United States to vote with Russia and North Korea — and against virtually all of America's traditional allies — to defeat a U.N.

Axis Securities has an overweight call on Lupin with a target price of Rs 2500. The current market price of Lupin Ltd. is Rs 1959. Lupin, incorporated in 1983, is a Large Cap company with a market cap of Rs 90156.51 crore, operating in the Pharmaceuticals sector. Lupin's key products/revenue segments include Pharmaceuticals, Other Services, Export Incentives, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.

generic drugs to a higher risk of serious side effects in the US has drawn backlash from the industry’s most influential lobby group, as India moves to defend its dominant market share amid trade tensions under President Donald Trump. The study, which analyzed more than 2,400 drugs sold in the US between 2009 and 2018, found that Indian generics were associated with a 54% greater risk of serious adverse events — including hospitalization, disability, and death — compared with equivalent domestically made medicines. The research links operations and supply chain issues in the manufacturing process as “most likely” explaining the findings. Published last month in the journal Production and Operations Management, the findings prompted a three-page statement from the Indian Pharmaceutical Alliance, which represents two dozen of the country’s largest drugmakers.

Global trade is forecast to grow, albeit less robustly, as the world reacts to U.S. President Donald Trump's tariff policies, Germany's DHL Group CEO Tobias Meyer told Reuters on Wednesday. «That outlook is mainly based on the 75% of global trade that does not touch the U.S.,» said Meyer, who noted that segment is seeing positive momentum. The global goods trade is expected to expand at a compound annual rate of 3.1% from 2024 to 2029, a modestly faster pace than during the preceding decade, according to the DHL Trade Atlas 2025 prepared by delivery firm and New York University's Stern School of Business.

Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display. Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the «silicon» in Silicon Valley. While little known to the public, his advantage is that virtually every one of Intel's former and potential customers knows him and has done business with him, either buying one of the many startups he backed or using software from a company he ran.

Indian bond market has been in focus over the past few months as the Reserve Bank of India (RBI) implemented key liquidity measures and rate cuts to support economic growth. While global markets saw heightened volatility, India’s bond market remained relatively stable, with the 10-year government bond yield rising by 3 basis points (bps) in February. Meanwhile, US Treasury yields declined sharply, reflecting concerns over slowing global growth.