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The U.S. FDA inspected Unit-IV of APL Healthcare in SPSR Nellore District, Andhra Pradesh, from December 8 to 17 and issued a Form 483 with five observations. | Photo Credit: Reuters The U.S.Food and Drug Administration has issued five observations to Aurobindo Pharma subsidiary APL Healthcare’s unit in Andhra Pradesh. The U.S.FDA inspected Unit-IV of…
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India’s remarkable merchandise trade performance in November should come as some relief for the government, but should not be the basis for any complacency. India’s merchandise exports, hit by the stiff headwind of 50% tariffs by the United States, the biggest export destination, unexpectedly grew 19.4% to $38.1 billion in November 2025. This is the…
Read More “Temporary relief: On trade performance, deeper distress ahead” »
Shashwat Sharma has been working together with Gopal Vittal over the past year as a part of an orchestrated transition. | Photo Credit: Special Arrangement Bharti Airtel Ltd. Chief Executive Officer-designate Shashwat Sharma, who is currently the firm’s chief operating officer, will take over the firm’s reins as CEO on January 1, 2026, the telco…
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Private refiners RIL and Nayara Energy, have increased their uptake. Representational file image. | Photo Credit: Reuters Indian refiners processed a total of 22.3 million metric tonnes (MMT) in November, 2.3% higher than the comparable period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC). Of the total share, state-owned refiners…
Sanjeev Chopra | Photo Credit: KAMAL NARANG The government is working to amend the Sugar Control Order and further align it with the requirements of the industry at present, Secretary (Food) at the Ministry of Consumer Affairs, Food and Public Distribution Sanjeev Chopra said Thursday. Whilst mentioning initiatives from the government at the annual general…
Benchmark stock indices Sensex and Nifty closed lower for the fourth consecutive day on Thursday (December 18, 2025) amid a muted trend in global markets and uncertainty over a trade deal with the U.S. Falling for the fourth day, the 30-share BSE Sensex shed 77.84 points or 0.09% to settle at 84,481.81 in a volatile…
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This image is used for representational purpose only. | Photo Credit: Reuters The rupee appreciated 12 paise against the U.S. dollar on Thursday (December 18, 2025), despite the broad strength of the American currency in the overseas market on suspected intervention by the Reserve Bank of India (RBI). Forex traders said Brent crude oil prices…
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India and Oman signed a free trade agreement on Thursday (December 18, 2025), which will provide duty free access to 98% of India’s exports including textiles, agriculture and leather goods in Oman. On the other hand, India will reduce tariffs on Omani products such as dates, marbles and petrochemical items. The deal is expected to…
Image used for representation | Photo Credit: Reuters Cyient Semiconductors on Wednesday (December 18, 2025) said it will be acquiring, through a subsidiary, a majority stake in U.S. firm Kinetic Technologies for $93 million. Cyient Semiconductors Singapore, the subsidiary, has entered into a definitive agreement to acquire a majority stake exceeding 65%. Kinetic is a…