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India’s wholesale inflation hits 11-month high of 2.13% in February

India’s wholesale inflation climbed to an 11-month high in February as price pressures from manufactured goods and some primary commodities strengthened, even as fuel prices…

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Mankind Pharma, Ajanta Pharma, Sun Pharma, Dr. Reddy’s and Lupin are gearing up to sell generic versions of Semaglutide, the molecule behind the blockbuster Ozempic weight-loss drug. (AP)
Posted in Business

Prices of weight-loss drugs set to halve in India as Ozempic patent expires this week| Business News

Swati Pradhan sees about 12 obesity patients a day at her small clinic in southern Mumbai. She expects this number to at least double from…

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Huawei Technologies has been in collaboration with Hua Hong Group's Huali Microelectronics for the 7 nm AI chip. (Pixabay)
Posted in Business

China’s Hua Hong readies 7 nm AI chip as Beijing steps up self-sufficiency drive| Business News

China’s Hua Hong Group has developed advanced chip manufacturing technology that can be used to produce AI chips, four people familiar with the matter said,…

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The government is set to scrap the bids it received for a majority stake in IDBI Bank as the amounts were below the minimum price sought. (Mint)
Posted in Business

IDBI Bank shares tumble after govt stake sale plans reportedly scrapped| Business News

The stock of IDBI Bank Ltd. fell the most since at least June 2024 after reports that the government has decided to scrap its stake-sale…

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Modi-govt walks fine line between Iran and US as war hits economy

India’s Prime Minister Narendra Modi is stepping up engagement with Iran as a worsening conflict in the Middle East causes severe gas shortages in the…

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The Adani House in Ahmedabad. Roughly 70% of Adani Total Gas' volume is sourced domestically, which prioritises households and vehicles, while the rest 30% relies on LNG imports. (Reuters)
Posted in Business

Adani Total Gas cuts industrial gas prices as supply crunch eases amid Iran war| Business News

Adani Total Gas Ltd., a joint venture of India’s Adani Group and Total Energies SA of France, has cut prices for excess natural gas supplied…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

Sensex, Nifty 50 open flat on easing oil supply amid Iran war| Business News

India’s stock market opened flat today, after last week’s worst weekly drop in years confirmed a technical correction, as hopes of easing energy supply worries…

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A man walks past a screen displaying Japan's Nikkei share average outside a brokerage in Tokyo, Japan. (REUTERS/File)
Posted in Business

Japan’s Nikkei share average slides again as Iran-US war threatens economy| Business News

Japan’s Nikkei share average slid for a third straight day on Monday as the Middle East crisis threatened longer-term damage to the economy through higher…

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RBI’s likely to raise liquidity to keep ‘short’ rates in check

Mumbai: India’s central bank is likely to boost liquidity ahead of the fiscal year end, economists said, as it seeks to restrain short-term rates from…

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Employment Market Data for 50 Cities in the Works
Posted in Economy

Jobs data for 50 cities likely soon; Bengaluru, Mumbai in focus

New Delhi: How tight is the job market in Bengaluru? How many people are unemployed in Mumbai or Hyderabad? Answers to questions like these may…

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