Pharma generics: Semaglutide patent expiry to open Rs 50-billion opportunity; Indian players eye FY27 boost

The impending patent expiry of semaglutide drugs across India, emerging markets and select regulated markets such as Canada and Brazil is expected to create a revenue opportunity of more than Rs 50 billion for generic pharmaceutical companies over the next 12 to 15 months, according to an industry update by Systematix Institutional Research.The report said…

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Venezuela crisis: Donald Trump says US oil firms will enter country; vows ‘strong involvement’ in energy sector

File photo: US President Donald Trump US President Donald Trump has said American oil companies will be allowed to move into Venezuela to tap its vast crude reserves following a US military operation that led to the capture of President Nicolás Maduro.Speaking at a press conference on Saturday, Trump said major US energy firms would…

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Jio dominates November subscriber count with 1.2 million additions; extends lead over Airtel for 9th consecutive month | India News

NEW DELHI: Reliance Jio continued its subscriber growth in November 2025, leading the industry in overall wireless additions and active user gains as per the latest monthly subscription data released by the Telecom Regulatory Authority of India (TRAI).The TRAI data showed that Jio added 1.2 million subscribers, extending its lead over Bharti Airtel for the…

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Concert economy: Government launches Live Events Development Cell; aims to make India global hub by 2030

The ministry of information and broadcasting has set up a Live Events Development Cell (LEDC) to support the structured growth of India’s live entertainment industry and strengthen the country’s emerging concert economy, according to an official release.The LEDC will function as a single-window facilitation mechanism aimed at streamlining processes for the sector and positioning India…

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US strikes Venezuela: What it means for oil supply and prices? Impact on India

As the United States carried out strikes on Venezuela on Saturday, global oil markets are closely watching for any fallout, though early signals point to limited disruption so far.Venezuela holds some of the world’s largest proven oil reserves, raising concerns that military action could disrupt global price movements. However, crude markets have remained subdued as…

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Bioenergy boost: India has 132 CBG plants operational nationwide; output touches 920 tonnes per day

India has set up 132 Compressed Bio Gas (CBG) plants with a combined production capacity of 920 tonnes perday, with more capacity being added under the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative, Union petroleum and natural gas minister Hardeep Singh Puri said on X.In a social media post, the minister said the CBG programme…

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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…

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