A new wave of international acquisitions by Indian companies is reshaping the country’s corporate landscape, signalling a growing shift in how some of India’s biggest businesses view the future. From pharmaceuticals and technology to automobiles and insurance, Indian firms are increasingly spending billions to buy foreign companies – not merely as symbols of global ambition,…
On a quiet day in February 2021, an email landed in the inbox of a German trade official – and with it, the seed of an unlikely solution to one of Europe’s most pressing economic challenges. The message was simple: India had thousands of young people eager for vocational training opportunities abroad. Would Germany be…
India is on the verge of a major shift in the fight against obesity, as the patent for semaglutide – the key ingredient behind blockbuster drugs like Ozempic and Wegovy – expires in the country. The development will allow Indian pharmaceutical companies to produce more affordable generic versions of the drug, potentially slashing treatment costs…
For years, India’s urban streets have been ruled by a new kind of commuter – young men weaving through traffic on motorcycles, oversized delivery bags strapped to their backs, racing against the clock. Their mission: deliver groceries, hot meals, beauty products, and even plumbing tools in under 10 minutes. That promise of near-instant gratification helped…
The Indian government has asked quick-commerce companies to stop advertising their popular “10-minute delivery” service, following growing concerns about rider safety and working conditions. Sources within the federal labour ministry told the BBC that the directive came after discussions with company executives, prompted by a nationwide strike staged by delivery workers last month. Riders had…
India’s economy grew at a faster-than-expected pace of 7.4% in the January-March quarter, up from 6.2% in the previous quarter, according to newly released government data. The strong quarterly performance defied analysts’ projections and reinforces India’s position as the world’s fastest-growing major economy. Despite the robust start to the year, the country’s overall growth for…
