US government faces brain drain as 154,000 federal workers exit this weekOver 150,000 federal employees are leaving the US government this week. This marks the largest single-year exodus in nearly 80 years. Buyou...
01 Oct, 2025, 11.39 AM IST
The federal government could shut down soon: Here’s what you need to knowThe U.S. federal government may shut down on October 1 if Congress cannot agree on funding. A shutdown can pause many federal services, fur...
01 Oct, 2025, 03.55 AM IST
Mass firings rock US health department after Supreme Court's decision; RFK Jr fires two top aidesThousands of employees across US Department of Health and Human Services were terminated Monday evening after the US Supreme Court ruled la...
16 Jul, 2025, 06.39 PM IST
Altimmune’s stock plummets over 60% as liver drug falls short in trialAltimmune stock took a huge hit after its liver disease drug, pemvidutide, failed to show strong results in reducing fibrosis during a key ...
26 Jun, 2025, 09.48 PM IST
New Covid variant NB.1.8.1 detected at US airports amid rise in cases. Check for symptoms and preventive measuresA new Covid variant, NB.1.8.1, is detected in US airports. The variant is driving a surge in cases across China. Cases are identified in Ca...
24 May, 2025, 06.07 PM IST
UK’s Cabinet Office to cut nearly 2,100 posts as Labour targets Civil Service reformThe Cabinet Office will cut nearly one-third of its workforce—2,100 jobs—under Labour’s civil service reform agenda led by Pat McFadden. Th...
10 Apr, 2025, 09.32 PM IST
'Humiliating, degrading': US health employees turned away after showing up to work, recall how they learnt of layoffsThe Trump administration carried out mass layoffs across the Department of Health and Human Services on Tuesday, aiming to slash around 10,...
02 Apr, 2025, 06.14 PM IST
From USAID to CIA, how hard have US agencies been hit by Trump and Elon Musk's layoffs?U.S. President Donald Trump and Elon Musk are leading a campaign to reduce the federal civilian workforce, with over 100,000 employees alre...
11 Mar, 2025, 08.24 PM IST
Eli Lilly announces $27-billion US expansion: To add 13,000 jobs and new manufacturing sitesEli Lilly & Co has announced a $27-billion expansion of its US manufacturing operations, adding four new sites and creating 13,000 jobs. Th...
27 Feb, 2025, 01.15 AM IST
Australia shares trim losses on better-than-expected GDP dataThe S&P/ASX 200 index closed 0.1% lower at 7,527.1, recovering from a 1% drop earlier in the session, after data showed that Australia's se...
01 Sep, 2021, 02.27 PM IST
- Frequent FDA inspections slow down Indian pharma exports, says GV Prasad
GV Prasad, Chairman, CII National Committee on Pharmaceuticals said that everybody should up their game in terms of quality, systems, disci...
18 Nov, 2019, 05.09 PM IST
Talking stock: Sell IDBI Bank; hold Sun PharmaFundamentally, it is a sell as IDBI has created some records which are detrimental to the shareholders.
16 Apr, 2018, 11.16 AM IST
Billionaire Dilip Shanghvi offers mea culpa after Sun Pharma lossSun was tipped into a loss this quarter after it agreed to pay plaintiffs including Canadian rival Apotex to settle a lawsuit over sleep-di...
12 Aug, 2017, 11.14 AM IST
Widespread retrenchment at Ranbaxy: 400 may be shown the door as it turns a house of troubleOn Friday, some senior executives from the Research & Development wing were given marching orders," an employee familiar with the job cuts ...
06 Jul, 2013, 11.16 AM IST
- Ranbaxy to step up head count, launch new drugs
Ranbaxy Laboratories, hit by charges of sub-standard drugs, is raising sales staff by a third and launching scores of new drugs that would ...
28 Apr, 2010, 02.23 AM IST
'Pharma is an evergreen industry'Quality standards in the US are going to be increasingly tightened over the next 3-5 years. Unfortunately, most of the companies in India w...
30 Sep, 2008, 01.11 AM IST
- Outsourcing isn't child's play
The Mattel toy recall is a wake-up call to third-party manufacturers in India.
20 Aug, 2007, 04.08 AM IST