The deal by drug major with the US government to lower prices of its innovative drugs in the US is in line with the lowest prices paid by other developed nations, under the most favoured nation (MFN) pricing framework
Egg prices have risen sharply, with 84 per cent of surveyed households reporting an increase in the past six months. Nearly half have reduced purchases, while over 70 per cent of consumers are concerned about egg adulteration amid rising food inflation.
India’s July economic indicators showed resilience driven by vehicle sales and credit, but persistent inflation, uneven consumption, and monsoon deficits threaten rural demand.
Fed Governor Michael Barr says the central bank should raise interest rates if inflation fails to cool towards its 2% target.
India's current account deficit widened marginally in the April-to-June quarter from a year ago on the back of higher commodity prices and a wider trade gap, the Reserve Bank of India said on Tuesday.
Russia cuts expected 2026 oil output to a 17-year low, while rising crude exports and India's purchases put the spotlight on Moscow's key Asian oil market.
The government wants to ensure adequate domestic supplies of sugar at stable prices ahead of the festive season.
India's resilient economy defies foreign scepticism, with Q1 GDP growth outpacing expectations at 7.8%, driven by strong investment and fiscal improvements. Despite geopolitical tensions and oil price concerns, India's growth fundamentals show promise.
August collections were lower than ₹2.11 trillion in July, when GST collections crossed the ₹2 trillion mark for the second time.
India’s manufacturing activity expanded at its slowest pace in nearly five years as cooling demand and output cuts triggered a mild dip in factory jobs, even as cost pressures eased.
India hosts the Brics summit as the bloc gains global weight; inflation diverges across major economies, Tim Cook exits Apple, youth unemployment rises in South Asia and AI’s impact on jobs remains uneven.
The numbers offer a sliver of hope amid the global uncertainty due to US-Iran war. The table-thumping numbers come amid a challenging global environment marked by geopolitical tensions, oil shocks and economic uncertainty.
Power deficit crosses 10 million units as a weak monsoon forces farmers to turn on irrigation and households to crank up air-conditioners
Bank of England chief Andrew Bailey said the rapid development of advanced AI models could allow cyber vulnerabilities to be identified more quickly, potentially giving attackers greater ability to exploit weaknesses across financial institutions and critical systems.
Amid the external headwinds, the finance ministry highlighted that the domestic economy retained its vigour in August, with demand remaining strong and the external sector displaying stability.
US Fed Chair Kevin Warsh feels there is a surge in global investment that is powering growth and reversing past rush to save to bring capital back into play instead of remaining idle, Reuters reported.
India's 7.8% real GDP growth in Q1 FY27 reflects resilience despite global uncertainties and West Asia tensions, CEA V Anantha Nageswaran said. Manufacturing, services, exports and consumption remained strong, while fiscal risks have eased.
Retail, wholesale trade and IT services also record strong growth, according to data released by MoSPI.
CM Bhupendra Patel said Gujarat has emerged as a global investment destination and has attracted $74.6 billion worth investment during January 2000 and March 2026.
Strong tax and non-tax receipts helped keep India's fiscal position well in check through July, even as capital expenditure and subsidy spending accelerated in the first four months of FY27.
