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11.03 / 16:02
Manufacturing Action Research students country Vaccines India, vaccine superpower; manufactures 60% of global supply: ICMR former chief
vaccine superpower with Covaxin's development and now produces 60 per cent of the world's vaccines, said Prof Balram Bhargava, former Director General of the Indian Council of Medical Research (ICMR), the agency that led the country's Covid-19 response. The Padma Shri awardee delivered a keynote address at BRIC-Rajiv Gandhi Centre for Biotechnology (RGCB) on Tuesday on the theme 'Accelerate Action' as part of RGCB's Women's Day celebration. «Sixty per cent of the world's vaccines are now manufactured in Pune and supplied globally. In 2021, we exported vaccines to more than 100 countries, underscoring our potential in vaccine research and development,» Bhargava said in an RGCB press release. Vaccine development-from funding to preclinical studies, clinical trials, laboratory research, and physiological studies-has been implemented seamlessly with government support. A National Task Force comprising 40 scientists from various research domains was formed to act swiftly in times of crisis, he noted.
11.03 / 12:15
CEO wellness Trade President country cover exclusive No reprieve from steel tariffs in sight despite lobbying efforts
Subscribe to enjoy similar stories. The White House granted a temporary reprieve for many of its tariffs on Canada and Mexico last week, but a similar pause seems less likely for revamped global steel and aluminum tariffs set to go into effect Wednesday. President Trump’s team has repeatedly said there would be no exceptions or exemptions from the 25% tariffs on steel and aluminum.
11.03 / 12:15
UPS Waters Election country Department Beer brewers, after two tepid years, raise a toast to a longer, meaner summer
Subscribe to enjoy similar stories. New Delhi: Beer companies are salivating over warnings of a warmer summer after unseasonal rains in 2023 and the 2024 national election watered down volumes during the industry’s peak sales season the previous two years.
11.03 / 11:38
markets Manufacturing WhatsApp President country International Pharmaceuticals Zydus Lifesciences to buy 86% stake in French medical devices maker
Zydus Lifesciences said on Tuesday it will acquire an 85.6% stake in France's Amplitude Surgical for 256.8 million euros (nearly $280 million) as part of its plans to expand further in the global medical devices market. The acquisition, which is a nearly 81% premium to Amplitude's last close, comes as India's pharmaceutical industry is bracing itself for U.S. President Donald Trump's plans to tax pharmaceutical imports. The United States is Zydus Lifesciences's biggest market, accounting for 47% of total revenue, followed by India.
11.03 / 11:35
Target EVA country social reports Report says German military is ageing and shrinking as parties seek funding
In an annual report released on Tuesday, Eva Hoegl said that despite a recruitment drive launched in the wake of Russia's invasion of Ukraine, personnel numbers in the armed forces had dipped to 181,200 in 2024 from 181,540 a year prior, while the average age had risen to 34 from 32. That pushes the Bundeswehr's goal of increasing the number of personnel to over 200,000, a target postponed from 2025 to 2031 two years ago, further out of reach. Increased spending allowed Germany to reach the NATO defence spending target of 2% of gross domestic product for the first time in 2024, but around 82% of a 100-billion-euro special defence fund agreed in 2022 to overhaul the country's creaky military has already been spent, according to the report. Friedrich Merz's conservatives and the Social Democrats (SPD) — in negotiations to form a coalition after a snap election last month — are seeking to overhaul borrowing rules in order to revamp the military and revive economic growth.
11.03 / 10:29
COST Racing wellness War country peace How Trump could win, and deserve, a Nobel Peace Prize
Trump is obsessed with winning the Nobel Peace Prize, which is one reason why he’s pushing Ukraine and Russia so hard toward cease-fire negotiations. The way the US president is going about it won’t earn him any favor in Oslo, though, because so far he mainly seems to be coercing Ukraine to capitulate.
11.03 / 09:40
UPS Citizens security Bill country hospital reports Immigration and Foreigners Bill, 2025: What are the proposed laws and penalties on violation?
Foreigners Act, 1946, the Passport (Entry into India) Act, 1920, the Registration of Foreigners Act, 1939, and the Immigration (Carriers’ Liability) Act, 2000. The objective is to enhance national security, control immigration procedures, and introduce stricter penalties on foreigners who violate entry and stay conditions.
11.03 / 09:14
markets Provident Target President Doge country International 'One of biggest sources of fraud': DOGE chief Elon Musk explains why his team targeted USAID
Elon Musk has spilled beans on why his team targeted the United States Agency for International Development (USAID). In an interview with Fox Business, Musk said the strategy was to «follow the money» and challenge what he saw as significant financial waste and corruption. Musk previously claimed that the aid agency is «a criminal organization» and that Trump has agreed to «shut it down». Trump had posted on his Truth Social page on Friday that USAID's spending «IS TOTALLY UNEXPLAINABLE… CLOSE IT DOWN!»
11.03 / 09:14
markets Digital Aviat Airlines RAI country India will need 30,000 pilots in 15-20 years, says Civil Aviation Minister Naidu
pilots in the next 15-20 years as domestic airlines have more than 1,700 planes on order as they expand their network, Civil Aviation Minister K Rammohan Naidu said on Tuesday. Asserting that the ministry is working with a collective approach for the aviation industry, he also said that officials are verifying various aspects of 38 Flying Training Organisations (FTOs) and these organisations will be rated. The minister was speaking at a function to mark the signing of a Memorandum of Understanding (MoU) for an order for 200 trainer aircraft. Indian airlines have placed orders for more than 1,700 aircraft and currently, there are over 800 planes, Naidu said.
11.03 / 09:13
markets Citi Action country reports guidelines Byrnihat: This little-known Meghalayan city is the world's most polluted, surpassing Delhi, Gurgaon, and Noida
India. Byrnihat, a small but heavily industrialised town in Meghalaya, tops the list, according to the World Air Quality Report 2024 by Swiss air technology firm IQAir. Delhi, already infamous for its hazardous air, retains its place as the most polluted capital city on the planet. India, while improving slightly, is still among the worst-hit nations. Ranking as the world’s fifth most polluted country in 2024—down from third place in 2023—the nation recorded an average PM2.5 concentration of 50.6 micrograms per cubic metre, still ten times higher than World Health Organization (WHO) safety limits.
11.03 / 08:23
markets Align wellness Diversity country reports International Adani Ports well positioned for strong growth amid India's development push: Report
ADSEZ) is well positioned to benefit from India's long-term growth due to its strategic business model and alignment with the country's development goals, according to a report by Macquarie Equity Research. The report highlighted ADSEZ's diversified port operations, strong cargo mix, and integrated logistics network as key factors supporting its resilience and long-term expansion. The report said, «ADSEZ is well positioned to capitalise on India's long-term growth potential due to its businesses' thematic alignment with the nation's development».
11.03 / 07:39
markets COST security RAI country Sri Lanka 'welcomes' investment opportunities from Adani, says official
Sri Lanka has not changed its stance on doing business with India's Adani Group and welcomes investment opportunities from the conglomerate, the country's cabinet spokesperson said on Tuesday. Gautam Adani, the chairman of the ports to power business group, and top executives of Adani Green were indicted by U.S. prosecutors last year for their alleged role in a $265 million scheme to bribe Indian officials to secure solar power deals. Adani and the executives have denied any wrongdoing. Sri Lanka, however, had said it was «unconcerned» by the group's dealings with other countries. «But Sri Lanka remains firm on negotiating purchasing costs of power generated from the wind power projects,» the cabinet spokesperson said, referring to the two proposed wind power projects Adani has withdrawn from.
11.03 / 07:29
markets UPS economy Trade President country strain Wall Street fears Trump will wreck the soft landing
Subscribe to enjoy similar stories. For the past year, U.S. economic policymakers have been singularly focused on achieving a so-called soft landing that brings inflation down without a recession.
11.03 / 06:49
markets economy pandemic Trade President War country America First: Trump’s trade aggression could trigger another eurozone crisis
Subscribe to enjoy similar stories. At the first cabinet meeting of his second term in office, US President Donald Trump declared his intention to impose a sweeping 25% tariff on all imports from the European Union.
11.03 / 06:05
markets Provident Citizens Action country information Department US Visa Bulletin for April 2025: Green Card backlogs deepen; India faces over two-year EB-5 retrogression
EB-1, EB-2, and EB-3 categories will see moderate advancements for India, while EB-4 will remain unavailable for all countries until the end of fiscal year 2025, as the annual limit has been reached. Meanwhile, US Citizenship and Immigration Services (USCIS) has confirmed that it will accept employment-based adjustment of status applications based on the Visa Bulletin's Final Action Dates chart in April 2025. This allows applicants to file if their priority date is earlier than the listed cutoff date for their category and country.
11.03 / 04:51
markets Citi MET country Department Only seven countries met WHO air quality standards in 2024, data shows
Chad and Bangladesh were the world's most polluted countries in 2024, with average smog levels more than 15 times higher than WHO guidelines, according to figures compiled by Swiss air quality monitoring firm IQAir. Only Australia, New Zealand, the Bahamas, Barbados, Grenada, Estonia and Iceland made the grade, IQAir said.
11.03 / 04:23
markets security Analysis Trade Experts country electronic Missiles, money & momentum: EU's $850 billion plan resurrects defence stocks
Defence stocks, once the darlings of the market in 2024, are roaring back to life after a brutal correction. The sector, which witnessed a blistering rally last year amid rising global tensions and surging exports, saw a sharp selloff as high valuations, budget disappointments, and profit-booking took hold. Just when investors were questioning the long-term growth trajectory, Europe’s stunning $850 billion defence rearmament plan has flipped the script in Dalal Street’s favour. With Europe scrambling to fortify its military capabilities, Indian defence giants are in prime position to ride this global wave of rearmament.
11.03 / 02:17
UPS Action Trade President country Relationships US, China discuss a Trump-Xi summit for June
Subscribe to enjoy similar stories. Washington and Beijing have begun discussions about a potential “birthday summit" in June in the U.S. between President Trump and Chinese leader Xi Jinping, according to people familiar with the matter.
11.03 / 02:17
markets IPO Aware security BURST country reports IPO slump: Stock market indices flashing red shouldn’t stop public offers
Subscribe to enjoy similar stories. Late in August, when the stock market’s bull run was close to its peak, the initial public offer (IPO) of a two-wheeler dealer with a handful of employees managed to attract bids worth 400 times the amount of capital it sought to raise. That was the level of enthusiasm back then among investors, who were willing to pour big bucks into just about any business going public.
11.03 / 01:47
markets UPS Analysis Research country reports Videos China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
BEIJING — China's latest move to boost consumption isn't meant to jolt all kinds of spending.
11.03 / 00:53
UPS Progressive Manufacturing Cycling country rights Interviews Schneider plans next phase of investments in India, eyes utility-scale batteries
Subscribe to enjoy similar stories. Electrical equipment maker Schneider Electric is working on the next phase of investments in India and would soon roll out its capital expenditure (capex) plans, a top company official said. In an interview, Deepak Sharma, managing director and chief executive of Schneider Electric India, said that the company is working on manufacturing large-scale stationary batteries in the country in view of the growing demand for storage, and is exploring the right chemistry and technology for the business.

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