Pharma exports grow 9.4% to $30.47 billion in FY25; industry eyes double-digit expansion by 2026-27

India’s pharmaceutical exports rose 9.4 per cent in 2024–25 to $30.47 billion, with the industry targeting double-digit growth in 2026–27 amid efforts to expand global market access, the commerce ministry said on Saturday, PTI reported. Issues related to pharmaceutical exports were discussed during a Chintan Shivir held in Ahmedabad between government officials and industry representatives,…

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US tariff cut to 10% boosts outlook for India’s labour-intensive exports; pharma, textiles among key gainers

The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…

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BMC demolishes illegal structures and unauthorised stalls in Borivli and Kandivli | Mumbai News

Mumbai: A total of 25 illegal structures and 35 unauthorised stalls in the Mahavir Nagar area of Borivali (West) and Kandivali (West) were demolished on Friday, February 20, by the civic ‘R/Central’ ward of the BMC.Officers and staff from the Vigilance, Encroachment Removal, Building and Factories, and Solid Waste Management departments jointly carried out the…

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‘Extraordinarily anti-American decision’: Donald Trump unleashes fury at US Supreme Court after hiking global tariffs from 10% to 15%

US President Donald Trump (File photo) US President Donald Trump on Saturday increased the global tariff he had announced a day earlier from 10% to 15%, in a strong reaction to the US Supreme Court’s landmark ruling that dealt a stinging blow to his second tenure as president.In a post on Truth Social, the MAGA…

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Shiny flat, steep outgoings: Life after redevelopment in Mumbai | Mumbai News

Mumbai: Middle-class housing societies are enticed with tempting redevelopment offers of larger flats in brand new buildings equipped with banquet halls, gyms and swimming pools.But realisation dawns much later when the project is complete, and old residents shift into their new apartments. In Mumbai’s redevelopment market, a little-known and not talked about issue is the…

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