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FDA approval puts Wockhardt’s Zaynich in $9 billion antibiotics marketWockhardt's new antibiotic, Zaynich, has received US FDA approval. This drug uses a novel mechanism to fight drug-resistant bacteria. It ta...
As war with Iran hurts oil prices, US turns to Iranian boats for helpThe United States has temporarily eased sanctions to allow tankers linked to Iran’s “ghost fleet” to transport and sell Russian oil, aiming...
US will change visa interview policy from September 2The US Department of State on July 25 announced that all non-immigrant visa applicants barring B1/B2 categories will require in-person inte...
'It’s totally my option': Trump backs Russia sanctions bill that could place 500% tariff on IndiaDonald Trump is considering the Sanctioning Russia Act of 2025, which aims to pressure Vladimir Putin over the Ukraine war. The bill propos...
US modifies eligibilty requirement for non-immigrant visa interview waivers, including student visasUnder the updated guidelines, non-immigrant visa applicants, including those seeking student visas, may qualify for a visa interview waiver...
A new dawn breaks for the global trading orderThis week’s WTO negotiations were noteworthy because they proved the world’s governments can navigate huge political disagreements -- such ...
GIPC urges India to step up IP protection, enforcementGIPC expressed concern over India's proposal along with South Africa at WTO - seeking waiver of certain IP provisions under Trade-Related A...
Switzerland looking at 'new situation' after US backs patent rules waiver for COVID vaccinesIn October 2020, India and South Africa submitted a proposal suggesting a waiver for all WTO ((World Trade Organization) members on the imp...
Banks see no rush for loan recast, expect borrowers to come forward in DecemberThere were approximately 387 accounts with an exposure of more than ₹1,500 crore that were standard at the end of March. Some of them avail...
Government plans debt waiver for 'small distressed borrowers' under insolvency lawAs per the IBC, there are various thresholds for 'Fresh Start', including that the gross annual income of the debtor does not exceed Rs 60,...
RBL’s asset quality is stable, no singular cause for worry: Vishwavir Ahuja"Revenue growth has been strong. Advances have increased 25% and NIM is at an all-time high of 4.12%."
Bandhan working on many strategies to bring down promoter shareholding: Chandra Shekhar Ghosh"Gruh has long- term and we have shorter-term products. But the best merger happens after marriage."
Agricultural reforms, rate cut to drive 7.5% growth: Ficci President“I expect growth rate for 2019-20, barring any unforeseen circumstances, to be 7.5-7.6%,” Somany told.
No need for any farm loan waiver as Madhya Pradesh farmers are happy: Shivraj Singh ChouhanDevelopment and public welfare are the two poll promises of BJP for the state elections this year, he said, and denied casteism and farmer ...
There aren't any challenges with IndusInd Bank as we've been working closely together: MR Rao, MD & CEO, Bharat Financial"Instead offering micro credit loans, we are able to get the borrowers to open savings accounts and do cashless transactions" MR Rao said.
If rates soften, it will be very positive for domestic cyclicals: Abhay Laijawala, Deutsche EquitiesWe are overweight on private corporate banks, We like consumer discretionary and select consumer staples.
Farm loan waiver has no impact on credit discipline: MR Rao, MD, Bharat FinancialOur loans are given primarily for income generating purposes and just a marginal 6% to 8% of our loans are for agricultural purpose says MR...
We welcome the probe into violations of RBI guidelines by MFIs: MR Rao, MD & CEO, Bharat FinancialAndhra Pradesh situation was where the government came up with an act which prevented us from engaging the customer at the field level, sai...
- Food Security Bill will be passed soon: Food minister KV Thomas
Union food minister KV Thomas told ET that the National Food Security (amended) Bill (NSFB) will be listed in the first week of the session...
- Buried in debt, another farmer ends life
A young farmer committed suicide in a Maharashtra village Wednesday when his wife told him there was not a grain left in the house to cook ...