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Eli Lilly has yet to get the nod from India's drug regulator for selling its blockbuster drug Tirzepatide in the country for weight loss, said the American pharmaceutical firm. «The apex drug regulator's subject expert committee (SEC) has so far given a go-ahead for its import and marketing for diabetes and not for weight loss,» Elli Lilly told ET, adding that the «obesity» indication is undergoing review by the Central Drugs Standard Control Organisation (CDSCO). The drug is marketed under the brand name Mounjaro for type 2 diabetes treatment and as Zepbound for weight loss, in the US. Mounjaro has been available in the US since 2022 while Zepbound was approved by the US FDA in November 2023. The company said it has yet to firm up the schedule for launching the drug in India.

US Presidential Debate as a disaster for the party and Biden. The president was seen to be fumbling and unable to speak coherently. This is reflected in a national survey which indicated that Trump has managed to retain his narrow lead in the contest over Biden. In this scenario, it is not only Biden who is being blamed. Three of his close advisors have come under sharp scrutiny. It is believed that they helped him to prepare for the debate. Biden’s family members and some donors have expressed their disappointment with these advisors and called for their removal. These three advisors are: Anita Dunn, her husband Bob Bauer and Ron Klain. Anita Dunn: She is Biden’s senior advisor for communications and has been a long-term aide of Biden. She is considered to be part of a trusted group of aides close to Biden. Earlier, she had served as Barack Obama’s campaign strategist. She is believed to have approved the debate strategy which has been a failure, according to many.

ABC News is all set to host the second US Presidential Debate on September 10. In a matter of nine weeks, the two candidates are expected to have a second face-off. David Muir and Linsey Davis will host the debate and the rules to participate in the debate have been confirmed. The location of the debate is yet to be confirmed. There are also reports that the two Vice-Presidential nominees will also have a debate soon. Many questions have also been raised if Biden will participate in the debate as many Democrats are calling for his replacement on the ballot box.

Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon

Vladimir Putin said that he may be forced to use nuclear weapons if the existence of his country is threatened, the specter of nuclear war has been haunting the US. It has increased with escalating the Russia- Ukraine War and mounting China-US pressure over Taiwan and the South China Sea. Amid these disturbing scenarios, a map has been released showing the potential targets in the US if a nuke war gets triggered. As many as 90 cities have found a place in the map, that may disturb not only their residents but also defense experts and the military.

The U.S. Interior Department has approved the proposed Atlantic Shores offshore wind farm in New Jersey

market capitalisation of BSE-listed firms hit a record high of Rs 447.30 lakh crore on Thursday with the benchmark Sensex closing at a fresh all-time high level. The 30-share BSE Sensex scaled an intraday record high of 80,392.64 in early trade. The index pared most of the gains later due to volatility and profit-taking by investors and settled 62.87 points or 0.08 per cent higher at 80,049.67. The market capitalisation (mcap) of BSE-listed firms hit a record peak of Rs 4,47,30,452.99 crore (USD 5.36 trillion).

After a blockbuster six months, the sale of emerging-market bonds in hard currencies is set to slow down sharply in a second-half that’s littered with political risk.

semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that US-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the US has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns. Most recently the US has sought to keep the company from servicing equipment already sold to Chinese customers.

As major cryptocurrencies struggle below earlier weekly highs, with Thursday’s softer-than-expected US CPI data and subsequent boost to Fed rate cut bets having failed to deliver a meaningful lift to sentiment, traders looking for the best crypto to buy now that might deliver quick gains are scouring alt-coin markets for strong performers.

Supacell's first season premiered on Netflix this June and has already generated a massive fan following, with viewers already talking about the next season. The Netflix original series that stars Tosin Cole, Adelayo Adedayo, Eddie Marsan in pivotal roles, is the only Netflix Original scripted series in the US Top 10 shows, according to Forbes.

Caesar salad has something to celebrate: It’s turning 100

With truly untapped markets becoming nigh impossible to find, asset managers are instead focusing heavily on expanding their product distribution pipelines and developing new investment vehicles.

Taylor Swift is one gem of a singer, and most importantly, a strategical thinker. As her Eras Tour 2024 plans kicked off a few months back, she is now continuing with her latest leg of her Eras Tour. She has been busy with the Europe leg of her Eras Tour shows since May and will now be proceeding towards US and Canada this fall. Swifties in US are eagerly waiting for her shows this year as major part of her year has been spent in European cities, especially Paris.

Domestic markets faced selling pressure for a second straight day on Thursday. However, a recovery in the last hour helped the indices to close flat. «Overall strength is seen in the market as every dip is being bought, supported by strong domestic flows aided by FIIs buying in the last few days,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal

American Petroleum Institute CEO Mike Sommers discusses the country's energy independence and lawsuits against Biden's EV mandates.

nuclear weapons have been well documented by the Hiroshima-Nagasaki bombings. What happens when nuclear weapons orbit the earth from space? This question has assumed importance since Russia launched the Cosmos 2553 satellite in 2022, just before its invasion of Ukraine. Presently, no one with the exception of Russia knows what exactly this satellite does. A member of the US Congress recently highlighted a pressing national concern. Many took this as a warning regarding the Cosmos 2553. The consequences are terrible and the US has been working towards the adaption of a resolution in the UNSC against the weaponization of space.

electric vehicle (EV) policy to incentivise automakers that have already made investments in the country, people in the know told ET. This comes as US electric carmaker Tesla Inc is still to make any firm commitment on building a factory in India. The policy, which aims to accelerate the local manufacturing of high-end electric cars, currently supports only fresh investments. Consultations are also on with stakeholders on another key issue troubling carmakers. Govt Preparing SOPs The government may potentially consider investments in plants producing both internal combustion engine and electric vehicles as eligible for incentives to add scale and make large investments viable for automakers, the people said. About half a dozen carmakers such as Volkswagen-Skoda, Hyundai-Kia and VinFast have expressed interest in the new policy, the Scheme for Manufacturing of Electric Cars (SMEC), the people said.

If you watched President Joe Biden's news conference, two weeks after a poor debate performance, you may have been reassured by his ability to talk about complex issues

Taylor Swift's European tour was top of mind for Nikita Rao when planning where to go for her family's annual summer vacation.

Canada’s poor productivity is the result of a lack of investment in business and technology while investment in housing has soared, says a new report from the Fraser Institute.