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Novartis seeks to deepen India innovation play

[ad_1] NEW DELHI: Swiss pharma major Novartis is sharpening its strategy in India as a pure-play innovator across core therapy segments, including cardiovascular, oncology and immunology, after divesting its stake in its listed arm earlier this year.Significantly, India increasingly contributes to nearly every molecule that Novartis commercialises globally, and is moving further up the value…

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CCI to probe Pernod Ricard, seven others

[ad_1] The Competition Commission of India has ordered a detailed probe into French spirits giant Pernod Ricard and seven other entities for alleged cartelisation in the Indian-made foreign liquor market. The investigation will examine restrictive conduct by Pernod Ricard with retailers and wholesalers, potentially violating competition laws. The CCI’s Director General will lead the inquiry,…

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Crude likely to stay high: ADB economist

[ad_1] NEW DELHI: Crude oil prices are likely to stay higher for longer due to the disruption caused by the longer-than-expected Middle East crisis, ADB Chief Economist Albert Park has said.“With a higher oil price expectation, we actually have it as USD 96 per barrel as average for 2026 as per the new reference scenario….

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Gold, silver outlook: Precious metals likely to remain range-bound amid US-Iran peace talks, macroeconomic cues

[ad_1] Gold and silver prices are expected to remain range-bound for the second straight week as investors closely monitor developments in US-Iran peace negotiations and key global macroeconomic data, analysts said.Market participants are expected to track inflation data from China, Germany and the United States, along with GDP figures from the Eurozone and the UK…

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Crude Oil Prices Influence: Stock markets likely to stay volatile this week amid US-Iran tensions, crude oil concerns

[ad_1] Indian equity markets are expected to remain volatile this week as investors closely track geopolitical developments surrounding the ongoing US-Iran tensions, movement in crude oil prices, foreign investor activity and key inflation data, according to market analysts.Analysts quoted by news agency PTI said the conflict in the Middle East and fluctuations in Brent crude…

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Fuel Price Hike: ‘Fuel price hike inevitable’: State-run oil firms lose over Rs 1 lakh crore in 10 weeks amid Middle East crisis

[ad_1] State-owned oil marketing companies (OMCs) have incurred losses of more than Rs 1 lakh crore over the past 10 weeks as they continued to shield Indian consumers from soaring global fuel prices triggered by the ongoing Middle East conflictThe three state-run fuel retailers, Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation…

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