Month: August 2025

“Uncertainty in external demand remains major drag on growth”: Malhotra 

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“Uncertainty in external demand remains major drag on growth”: Malhotra 

Reserve Bank of India (RBI) Governor Sanjay Malhotra. File. | Photo Credit: ANI The adverse impact of the tariff and geopolitical uncertainty on demand remained a major concern at the last the Monetary Policy Commitee (MPC) meeting, the minutes of which was released on Wednesday (August 20, 2025) indicate.  “Uncertainty in external demand, driven by…

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UltraTech to sell India Cements’ stake worth up to $85.6 million

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UltraTech to sell India Cements’ stake worth up to .6 million

File. | Photo Credit: Reuters UltraTech Cement said on Wednesday (August 20, 2025) it will offload a stake of up to 6.5% in its unit India Cements, valued at ₹7.45 billion rupees according to Reuters calculations, via open market transactions. India Cements’ stock ended 0.8% lower at ₹370.25. Shares of UltraTech, India’s largest cement maker,…

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Business

Natco Pharma launches generic drug for PAH in the U.S.  

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Natco Pharma launches generic drug for PAH in the U.S.  

Natco Pharma has launched Bosentan tablets for oral suspension, 32mg, a generic version of Actelion Pharmaceuticals’ Tracleer in the U.S. It holds the first-to-file status for this product and will have 180-day generic drug exclusivity, Natco said on Wednesday (August 20, 2025. Lupin is its marketing partner for the product. Bosentan TFOS, 32mg, had estimated…

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RMG firms quietly assess Bill banning their industry; video game firms welcome move

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RMG firms quietly assess Bill banning their industry; video game firms welcome move

In a letter to Home Minister Amit Shah, RMG firms underlined their anxieties more explicitly. Photo: https://www.egf.org.in/ Real money gaming (RMG) firms struck a cautious tone in responding to the Promotion and Regulation of Online Gaming Bill, 2025, which was passed by the Lok Sabha on Wednesday (August 20, 2025). The Bill prohibits any sort…

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Iran says will deploy new missiles if Israel attacks again

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Iran says will deploy new missiles if Israel attacks again

Iran said it was prepared for any new Israeli attack. File | Photo Credit: Reuters Iran said Wednesday (August 20, 2025) it was prepared for any new Israeli attack, announcing it has developed missiles with greater capabilities than those used during their recent 12-day war. “The missiles used in the 12-day war were manufactured… a…

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World

Russia says captured three settlements in Ukraine’s east

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Russia says captured three settlements in Ukraine’s east

Service members of the 44th Separate Artillery Brigade of the Ukrainian Armed Forces fire a 2S22 Bohdana self-propelled howitzer towards Russian troops near a front line, amid Russia’s attack on Ukraine, in the Zaporizhzhia region, Ukraine, August 20, 2025. | Photo Credit: Reuters The Russian army said Wednesday (August 20, 2025) it had captured three…

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