US President Donald Trump‘s announcement of a 100% tariff on imported “branded and patented pharmaceutical products” has rattled the global pharma industry, though Indian generic drug makers are largely expected to remain unaffected for now.Trump, in a post on Truth Social on Thursday, stated: “Starting October 1st, 2025, we will be imposing a 100% Tariff…
MEA spokesperson Randhir Jaiswal (Image credits: PTI) NEW DELHI: India has asked Russia to release 27 more of its citizens who were recently recruited into the Russian military, the ministry of external affairs (MEA) said on Friday.“As per our information, 27 Indian nationals are presently serving in the Russian army. We are also in close…
The Donald Trump-led US administration is considering a plan to impose tariffs on imported electronic devices depending on the number of chips in each one of them, Reuters reported, citing three sourcesUnder the proposal, the US commerce department would calculate tariffs as a percentage of the product’s estimated chip value, in a move designed to…
MUMBAI: Hindustan Unilever (HUL) has said that sales have been impacted in Sept as markets prepared for the new GST regime leading to some temporary disruptions in the supply chain. Distributors and retailers postponed placing orders for fresh stock as they awaited new packs with updated prices to hit the markets and instead focused on…
Shares of Williams-Sonoma and RH fell in early trading, while U.S.-based makers like Ethan Allen rose after the president’s latest tariff announcement. Source link
Donald Trump urges Microsoft to sack Lisa Monaco (Picture credit: AP, US department of justice) US President Donald Trump on Friday publicly demanded that Microsoft dismiss Lisa Monaco, the company’s president of global affairs and a former top official in Democratic administrations.In a lengthy Truth Social post, Trump claimed ‘corrupt and totally Trump deranged’ Monaco…
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline. Source link
MUMBAI: Fresh tariff-related jitters, weakness of the rupee and foreign fund selling pulled the sensex down by 733 points on Friday to 80,246 points, near its four-week low. As US President Donald Trump announced a fresh set of tariffs on imports of pharmaceutical products, most pharma stocks closed deep in the red. Nifty was down…
The Federal Aviation Administration said the aerospace company will be allowed to approve some new 737 Max and 787 Dreamliner jets. Source link
NEW DELHI: Government on Friday said that a team led by commerce and industry minister Piyush Goyal, which met United States Trade Representative Jamieson Greer and ambassador designate Sergio Gor, held “constructive” talks on several aspects of the proposed trade deal.“Both sides exchanged views on possible contours of the deal and it was decided to…
