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Posted in Economy

Low apple crop, rising input costs leave Himachal growers worried despite firm prices; traders report losses

Shimla: The apple growers in Himachal Pradesh are facing a difficult season marked by a sharp decline in production, high input costs and uncertainty over…

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Posted in Business

Pharma industry stares down biggest patent cliff in decades

gfx Most companies sell a hit product for as long as customers want it. For drugmakers, a clock starts before a drug is even approved:…

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HDFC (Representative image/REUTERS)
Posted in Business

HDFC Bank CEO Sashidhar Jagdishan not seeking reappointment, to retire in October: Report

HDFC Bank CEO Sashidhar Jagdishan will retire in October and will not seek reappointment, the bank said in a regulatory filing. HDFC (Representative image/REUTERS) The…

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Posted in Economy

Argentina to ease pharma barriers as India trade tops $6.5 bn

Argentina has committed to reduce barriers to facilitate entry of Indian pharmaceutical sector in the South American nation, the commerce ministry said on Saturday. This…

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In 2020 American households earning over $500,000 a year claimed more than half the cash that government spent on income-tax breaks for charitable giving. (Unsplash)
Posted in Business

Tax breaks for charity donations should be scrapped

Over more than 20 years Sheldon Solow, an American property billionaire who died in 2020, gave a trove of art to his own foundation. This…

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China’s crude reserves have given it huge power over the global oil market—and a critical new defense against the West. (Unsplash)
Posted in Business

How Xi Jinping turned oil from a weakness into a geopolitical weapon

Before the U.S. attacked Iran, Beijing spent years and tens of billions of dollars amassing the world’s biggest stockpile of oil. Now, with the conflict…

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Posted in Economy

Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plans

The Finance Ministry has directed central ministries and departments to prepare realistic expenditure and revenue estimates for the 2027-28 Union Budget, with a focus on…

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Posted in Economy

India wants global factories, but its own quality checks may be putting investors off: GTRI

Japanese companies’ growing concerns over India’s mandatory Bureau of Indian Standards (BIS) certification regime underline the need for a broader overhaul of the country’s Quality…

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Subhash Chandra said he had only provided personal guarantees for loans taken by companies associated with the Essel Group, not personally borrowing money. (HT Photo)
Posted in Business

Subhash Chandra case: Why banks lose money in personal guarantor claims

The insolvency court’s approval of Zee Group founder and chairman emeritus Subhash Chandra’s ₹6.5 crore repayment plan has raised questions about how much banks can…

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Posted in Economy

FDI Clarifications in Works to Help Investors from Land Border Nations

New Delhi: India is working on a set of clarifications to its foreign direct investment (FDI) policy aimed at providing greater clarity on rules governing…

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