A legal tangle hovers over Novo Nordisk’s diabetes and weightloss drug semaglutide, just weeks ahead of the possible launch of its injectible version Wegovy in India. Semaglutide is the active ingredient in the drug that’s globally popular as Ozempic / Wegovy, and the Danish company making the drug is presently locked in a patent infringement
Over the next five years, Apeejay Surrendra Park Hotels is planning to double its key count to over 5,400 keys. The company has set a target of opening 500 keys every year as part of its asset-light portfolio, Vijay Dewan, managing director at the company, said during its earnings call on Wednesday. According to Dewan
New Delhi, May 29 (PTI) India must build domestic capabilities in food processing machinery to reduce its heavy dependence on imports, even as the country leverages its agricultural strength to emerge as a global leader in food processing, a senior government official said on Thursday. “Despite our success in production and exports, we remain heavily
Gold, silver prices in your city, May 28: The commodity markets has seen prices slip amid a more steady international trade scenario, but despite the dips, experts note that gold and silver are safe haven investment options that can insulate your portfolios against the uncertain market forces. According to Manav Modi, Senior Analyst, Commodity Research
Despite high prices pressuring demand, Indian gold imports remained resilient in April. India ranks as the world’s second-largest gold market behind China. India imported $3.1 billion in gold in April, according to Ministry of Commerce data. That was significantly lower than March, but above the January-February average and 5 percent higher than April 2024. Based on
Experts say new guidelines for examining computer-related inventions (CRIs) are crucial for strengthening India’s patent system and fostering innovation in software and digital technologies. New Delhi, May 25 (PTI) The formulation of guidelines for examining computer-related inventions (CRIs) would help strengthen the patent examination framework for software and digital innovations, according to experts. As India
Stock market investors are likely to take sigh of relief on Monday morning after India and Pakistan agreed on a cease-fire after four days of heavy missile and drone strikes. The benchmark stock indices Sensex had Nifty had settled lower in the past two sessions amid concerns the brewing hostility between the two countries would
India has voiced significant concerns over Pakistan’s Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) proposed by the International Monetary Fund (IMF), abstaining from voting on both. India’s finance ministry raised alarms about Pakistan’s governance structure, specifically the military’s deep involvement in economic affairs, and questioned the effectiveness of past IMF programs in
The growth in gold loans of banks reached an all time high in the financial year 2024-25. According to the latest data of Reserve Bank of India the gold loan portfolio of scheduled commercial banks increased 87.4 percent in the April 2024 and February 2025 period of the last financial year as against 15.4 percent
Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 8,779.31 Indian Rupees (INR) per gram, down compared with the INR 8,953.37 it cost on Wednesday. The price for Gold decreased to INR 102,403.20 per tola from INR 104,430.40 per tola a day earlier. Unit measure