The Indian pharmaceutical exports ranked 11th globally in value terms in the year 2023 and accounted for 3% of the total pharmaceutical exports, said Bain and Company in a research report.
At close, the Sensex was down 12.85 points or 0.02% at 74,102.32, and the Nifty was up 37.60 points or 0.17% at 22,497.90.
“Airtel and SpaceX will explore offering Starlink equipment in Airtel’s retail stores, Starlink services via Airtel to business customers, opportunities to connect communities, schools, and health centers, among many others, in even the most rural parts of India,” Bharti Airtel stated.
The import of Coal from April to December 2024 fell by 8.4 per cent, totalling 183.42 million tonnes (MT), according to the Coal Ministry statement on Tuesday. This is a fall as compared to 200.19 MT in the same period of the previous fiscal.
Analysts at Morgan Stanley expect the Sensex to hit the 105,000 mark by December 2025 as their bull-case scenario for the index.
Finance Minister Nirmala Sitharaman will lead the Indian delegation to attend the 56th annual general meeting (AGM) of the Board of Governors of Asian Development Bank (ADB) in South Korea's Incheon from May 2 to May 5.
India's domestic coal production touched a record 73.02 million tonnes in April 2023, with a growth of 8.67 per cent against 67.20 million tonnes output, recorded during the corresponding period of last year.
The gross GST revenue for April 2023 stood at Rs 1,87,035 crore, which was 16.8 per cent more than Rs 1,60,122 crore of gross GST collected for March 2023.
The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which emerged the highest bidder for Reliance Capital in the recently concluded auction, is firmly in the driver's seat as the company has already received Rs 50,000 crore worth of funding offers from the leading overseas lenders to fund the acquisition.
The government will meet policy experts and other stakeholders for the second round of consultations on May 3 to draft the much-anticipated Digital India Act (DIA) which is expected in the next 2-3 months.
