Investment plans heavy on infra, consumer sector lags

MUMBAI: Electricity, chemicals and metals accounted for 60% of the proposed investments in terms of sectors while in terms of geography, Andhra Pradesh, Odisha and Maharashtra account for half of the total investments proposed in the country in the first nine months of FY26.According to a Bank of Baroda Economic Research note, new investment announcements…

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‘Obesity therapy mkt set to evolve rapidly’

Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…

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Travel insurance takes off after pandemic

CHENNAI: What was once seen as optional is increasingly viewed as essential: uptake of overseas travel insurance among Indian outbound travellers has nearly doubled in six years, driven by rising medical costs abroad and heightened awareness of travel disruptions in the post-pandemic era. According to Irdai’s annual report, 96.7 lakh lives were covered under 27.9…

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Gold, silver outlook: Bullion set for volatile week amid US data, Venezuela crisis; analysts warn of swings

Gold and silver prices are expected to remain highly volatile in the coming week as investors react to key US economic data and rising geopolitical tensions following the capture of Venezuelan President Nicolas Maduro by US forces, analysts said.Market participants will closely track a series of important US indicators, including ISM Manufacturing data, December ADP…

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Venezuela oil plan: Donald Trump’s takeover idea unlikely to shift global prices soon; analysts flag hurdles

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s idea of taking control of Venezuela’s oil industry and inviting US companies to rebuild it after the capture of President Nicolás Maduro is unlikely to move global oil prices in the near term, analysts say.As per news agency AP, Venezuela’s oil sector…

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