Pharma Tariffs: US President Donald Trump plans to impose a 200 percent tariff on imported medicines to push drug companies into cutting prices and shifting production to the US. Experts warn the move could drive up costs, deepen health debt,…
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India and Britain are set to sign a free trade agreement. This agreement aims to reduce tariffs on goods like whisky and cars. The UK will offer duty-free access to Indian textiles and electric vehicles. This pact is expected to…
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Tilaknagar Industries is set to acquire Imperial Blue whiskey from Pernod Ricard. The deal is expected to be finalized soon. Tilaknagar’s board will meet to discuss fundraising. This acquisition comes amidst a broader restructuring by Pernod Ricard. Imperial Blue is…
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EQT and Bain Capital are now the frontrunners in acquiring a 31% controlling stake in Whirlpool of India, as TPG, KKR, Havells, and Reliance Industries have reportedly withdrawn from the race. Both EQT and Bain Capital are currently performing thorough…
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RBI Deputy Governor Swaminathan J urged new-age bankers to be vigilant against cyber threats and prioritize foresight over advanced systems. He emphasized the importance of balancing technological advancements with personal responsibility and empathy in customer interactions. Swaminathan highlighted that trust…
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Despite holding the lowest investment-grade ratings from S&P, Fitch, and Moody’s, India’s economic outlook is strengthening through sound macroeconomic fundamentals, infrastructure development, and financial sector reforms, Parliament was informed. These efforts aim to positively impact India’s credit profile and long-term…
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