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Indian pharma sector third largest globally, valued at $50 billion in FY 2023-24: Centre

India’s pharmaceutical industry is recognized as the third-largest globally by volume and was valued at $50 billion in the financial year 2023-24, according to Union Minister of State for Chemicals and Fertilizers Anupriya Patel. In a written resp...

December 19, 2024 11:46 AM

Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation

The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs now hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers ...

December 19, 2024 11:24 AM

Bangladesh: Lutfozzaman Babar, five others acquitted in ten-truck arms haul case

In Bangladesh, the High Court has acquitted former state minister for home affairs Lutfozzaman Babar and five others, who were sentenced to death, in the 10-truck arms haul case in Chattogram. The court also commuted the death sentence of six convic...

December 19, 2024 11:05 AM

Ambassador Kwatra, US Deputy Secy Campbell meet Indian Astronauts, discuss space sector, defence space cooperation

Indian Ambassador to the U.S. Vinay Mohan Kwatra, along with U.S. Deputy Secretary Kurt Campbell and Principal Deputy National Security Advisor Jon Finer, visited NASA’s Johnson Space Center in Houston on Wednesday and met with representatives from...

December 19, 2024 11:25 AM

Indian embassy secures release of 28 Tamil Nadu fishermen in Bahrain

Twenty-eight Indian fishermen from Tamil Nadu’s Tirunelveli district have returned home following successful diplomatic efforts that led to their early release from detention in Bahrain. The fishermen, who were arrested in September 2024 for allege...

December 19, 2024 11:01 AM

India, China agree on resumption of Kailash Mansarovar Yatra, river cooperation, Nathula border trade

Following the 23rd meeting of the Special Representatives, India and China reaffirmed their commitment to promote the resumption of Kailash Mansarovar Yatra, cross-border river cooperation and Nathula border trade. During the meeting, both sides agre...

December 19, 2024 12:20 PM

Sensex, Nifty plunge after US Fed signals fewer rate cuts for 2025

India's benchmark indices opened sharply lower on Thursday, mirroring a global sell-off after the US Federal Reserve signaled fewer rate cuts for 2025. The Nifty 50 index plunged 1.33%, shedding 321 points to open at 23,877.15, while the BSE Sensex ...

December 18, 2024 6:40 PM

PM Modi to visit Kuwait on December 21-22

Prime Minister Narendra Modi will visit Kuwait on December 21-22, at the invitation of the Emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. This will mark the first visit by an Indian Prime Minister to Kuwait in 43 years, the Ministry of Ex...

December 18, 2024 5:41 PM

Tom Cruise honored with US Navy’s highest civilian award

Hollywood star Tom Cruise has received the US Navy's highest civilian honor for his "outstanding contributions" to the military through his work on screen. It was with the 1986 blockbuster Top Gun that Cruise shot to fame, with the film's record-bre...

December 18, 2024 5:39 PM

Russian foreign ministry says Ukraine repeatedly dropped white phosphorus from drones

Russia said on Wednesday that Ukraine had repeatedly dropped white phosphorus munitions from drones in September, but Kyiv denied it had used such weapons and said it was Moscow which had used prohibited chemical substances on the battlefield. Russi...

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