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The logo of Lupin is seen on the facade of its pharmaceutical plant in Goa. | Photo Credit: Reuters Drugmaker Lupin will acquire Dutch firm VISUfarma in a transaction that pegs the enterprise value of the Amsterdam-based specialty pharmaceutical company focused on ophthalmology at euro 190 million. A portfolio company of global healthcare specialist investor…
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When India’s national auditor, the Comptroller and Auditor General (CAG), released a decadal analysis on States’ macro-fiscal health, one headline somehow travelled faster than anything else highlighted in the study — Uttar Pradesh, long labelled as a backward State lagging in fiscal performance, was said to have recorded a revenue surplus of ₹37,000 crore. This…
It’s not always the big splurges that throw your budget off track. Even everyday indulgences in negligible amounts could wreck your ship of finance. Say, for instance, a cup of coffee here, a quick snack bite there, a samosa grabbed between meetings, mouth-watering vadapavs in the evening, or, an OTT subscription of just ₹99 per…
An active fund’s total return comes from two components- returns in line with benchmark index (beta returns) and returns more than the benchmark (alpha returns). You pay a higher fee for an active fund compared with a passive one for the expected alpha returns. But a huge proportion of an active fund’s return is driven…
A mother is someone who can take the place of all others, but whose place no one else can take, said Gaspard Mermillod In recent years, India has seen significant strides in maternal health, but the challenges are very real. As per the Sample Registration System, the Maternal Mortality Ratio (MMR) in India bettered from…
The Indian hand tools, power tools and fasteners market is witnessing growth, driven by government capital expenditure on roads, railways, airports and housing, alongside rising demand from furniture manufacturing, the automotive aftermarket and the growing Do it Yourself (DIY) culture, said industry officials and experts. According to a study by IMARC Group, the domestic hand…
Image used for representative purpose only. | Photo Credit: Reuters Co-working major WeWork India is gearing up to launch its initial public offering (IPO) on October 3, with people aware of the matter pegging the issue size to nearly ₹3,000 crore. The issue will close on October 7, with bidding for anchor investors opening for…
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Representational image of a Boeing 737 MAX airplane on an assembly line | Photo Credit: AP Boeing is getting back the ability to perform final safety inspections on 737 Max jetliners and certify the planes for flight more than six years after crashes of the then-new model killed 346 people, the U.S. Federal Aviation Administration…
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Exact details of the alleged violations leading to the action against HDFC Bank were not immediately clear. File. | Photo Credit: Reuters HDFC Bank has been barred from onboarding new customers at its Dubai International Financial Centre branch by the local regulator. HDFC Bank, India’s largest private sector lender, said it has initiated the necessary…
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K.N. Balagopal, Finance Minister of Kerala (Right) with Bhatti Vikramarka Mallu, Deputy Chief Minister of Telangana (2nd Right) and T.C.A. Sharad Raghavan, Economic and Business Editor of The Hindu seen during, ‘The Hindu Mind’ , in New Delhi on September 15, 2025. | Photo Credit: Sushil Kumar Verma The GST Council did not discuss the…