Alembic gets USFDA nod for Dabigatran Etexilate capsules
Alembic Pharmaceuticals Ltd on Tuesday said it has received final approval from the US health regulator for its generic Dabigatran Etexilate capsules 75 mg and 150 mg used to reduce risk of stroke and blood clots in adults with a certain medical condition. The US Food & Drug Administration (USFDA) has...
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Rupee jumps 13 paise to settle at 83.42 against US dollar
19 June 2024 | PTI -
Sebi invites application to hire executive director
19 June 2024 | PTI -
Housing rent growth moderates in top seven cities, says Anarock
19 June 2024 | PTI -
Fitch raises India’s FY24-25 growth forecast to 7.2 per cent
19 June 2024 | PTI -
India largest market for Nestle's Maggi worldwide, 2nd biggest for KitKat
18 June 2024 | PTI -
Sensex, Nifty hit new all-time high levels in early trade
18 June 2024 | PTI -
Hyundai Motor India plans to launch EV models in future
18 June 2024 | PTI
Drone logistics solution provider Skye Air secures USD 4 million funding
Skye Air, a drone logistics solution provider, on Monday said it has secured USD 4 million (about Rs 34 crore) funding, which will be used to expand the company’s operations across Gurugram and other cities for healthcare, and quick-commerce deliveries. The Series A funding was achieved with backing from Mount...
Streamlining FDI, boosting R&D, manufacturing key to achieve USD 5 bn defence export: Study
Factors like streamlining foreign direct investment (FDI) as well as augmenting Research & Development (R&D) and manufacturing capabilities can help the country realise its USD 5 billion defence export target by 2024-25, says a study. Nexgen Exhibitions, organisers of International Police Expo, one of Asia’s premier homeland security and defence expos,...
Asian shares mostly lower as China reports factory output slowed
Shares were mixed in Asia on Monday after China reported its factory output slowed in May, with the property market still deep in the doldrums. US futures edged lower and oil prices fell. Shares fell 1.9% in Tokyo to 38,070.40 and in Seoul, the Kospi declined 0.5% to 2,744.63. Australia’s S&P/ASX 200...
Gold, silver import surges 210 per cent in 2023-24 from UAE: GTRI
India’s gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to USD 10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said...
RBI cancels licence of Purvanchal Co-op Bank, Ghazipur
The Reserve Bank has cancelled the licence of Purvanchal Co-operative Bank, Ghazipur, Uttar Pradesh as it does not have adequate capital and earning prospects. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been asked to issue an order for winding up the bank and appoint a...
SBI expects 14-15 per cent credit growth in current fiscal: Chairman
Given the current economic growth rate, SBI is expecting 14-15 per cent loan growth during the fiscal year 2024-25, the bank’s chairman Dinesh Kumar Khara said. “Normally the way we look at it is that the GDP growth rate plus inflation and 2-3 per cent over that. That gives us the...
Extreme heat melts diesel demand, sales drop 4 per cent in June
India’s diesel demand slumped in June as extreme heat conditions in parts of the country curtailed travel, preliminary data of state-owned firms showed on Monday. Fuel sales, which traditionally surge during elections, have defied the trend this year, falling month after month. And the decline has now extended even after the end...
