NEW DELHI: The Dadachanji Group, which is focused on pharma manufacturing and allied technologies, has forayed into building fully customised machines, medical devices, and automation solutions in pharma, healthcare, and other sectors through KAIRISH Innotech. The company will offer end-to-end capabilities across customised pharma machinery, medical device design and manufacturing, tooling and precision components, robotics…
File photo: Union finance minister Nirmala Sitharaman NEW DELHI: Tobacco Board, under the administrative control of the Department of Commerce, has written a letter to finance minister Nirmala Sitharaman highlighting the adverse impact of the unprecedented increase in excise duties on cigarettes on the industry, as well as on millions of farmers and workers.The excise…
India will continue to import crude oil from countries where it is available at the most competitive prices and of suitable quality, while factoring in geopolitical conditions and avoiding sanctioned sources, the government told a parliamentary panel on Tuesday.Senior officials from the ministries of external affairs and commerce conveyed this position to the Parliamentary Standing…
Dubai’s new property resale rule 2026: What UAE residents and expats should know before participating Long known for its dynamism, transparency and global investor appeal, Dubai’s property market has taken another step toward modernisation and liquidity with the rollout of a new resale rule aimed at activating the secondary property market. This rule, part of…
NEW DELHI: As India pushes ahead with bilateral trade agreements, the issue of importing refurbished medical equipment has emerged as a contentious flashpoint in the medical devices sector. Domestic players have warned against easing restrictions, flagging patient safety risks and concerns over unfair competition, while MNCs are advocating a globally-aligned framework to allow wider access…
India on Monday announced a $175 million development assistance package for Seychelles after Prime Minister Narendra Modi held wide-ranging talks with the island nation’s President Patrick Herminie, with the two sides outlining a joint vision to expand bilateral engagement across sectors. The development was announced following the Modi-Herminie meeting, which also saw the signing of…
Tata Steel MD and CEO TV Narendran, Tata Steel CFO Koushik Chatterjee NEW DELHI: Govt must keep a watch on unfairly priced steel imports, Tata Steel MD and CEO TV Narendran told TOI in an interview, while adding that the price of the key industrial product is expected to rise in the domestic market in…
Benchmarking its market access strategy to product sensitivity, India will grant quota-based duty concessions in the automobile sector while offering market access to alcoholic beverages under tariff reduction and minimum import price-based formulations under the trade pact with the United States, the government said on Monday, PTI reported. Under the agreement, tariffs on $30.94 billion…
US stock market at new highs (AI image) US President Donald Trump sees the US stock market doubling from here by the end of his term. Praising the first year of his second term, Trump expressed confidence that the stock market could double within the next two years after the Dow Jones Industrial Average closed…
US stocks edged lower on Monday as the momentum from a strong global rally that began in Asia lost steam by the time trading reached Wall Street.The S&P 500 slipped 0.2 per cent in early trade. The Dow Jones Industrial Average fell 62 points, or 0.1 per cent, as of 9:35 a.m. Eastern time, while…