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Pharma industry likely to grow to USD 130 billion by 2030, say industry leaders

Hyderabad, Feb 25 (PTI) The pharmaceutical sector in the country can grow to USD 130 billion by 2030, industry captains said on Friday. Several industry leaders participated in the 'CEOs Conclave' as part of 'BioAsia 2022', the Telangana government's flagship annual life sciences convention, that concluded on Friday. "I think USD 130 billion by 2030 [...]

Nepal, India to form a joint hydropower development committee

Kathmandu, Feb 25 (PTI) Nepal and India have agreed to form a Joint Hydro Development Committee to further explore the development of viable hydropower projects in the Himalayan nation with a focus on storage, it was announced here on Friday. The two sides have reached an agreement during the 9th meeting of the Nepal-India Joint [...]

Vodafone Idea’s board to meet on Mar 3 to discuss fundraising

New Delhi, Feb 25 (PTI) Debt-ridden telecom firm Vodafone Idea Ltd (VIL) on Friday said its board will meet on March 3 to discuss the fundraising option. British telecom operator Vodafone Plc in a statement earlier stated that it will participate in VIL's fundraising process along with the Aditya Birla group. "A meeting of the [...]

TEC seeks inputs for norms to address ethical, social, legal issues in AI, ML

New Delhi, Feb 25 (PTI) Telecommunication Engineering Centre, which firms up standards for communication products sold in the country, has started a consultation process to develop a framework for fair assessment of artificial intelligence (AI) and machine learning (ML) systems to build public trust. The technical arm of the Department of Telecommunications has invited inputs [...]

Average wholesale prices of urad dal fall 5% in 1 year

New Delhi, Feb 25 (PTI) Average prices of urad dal in wholesale market have declined by five per cent in the past one year, the government on Friday said. The government has taken several proactive and pre-emptive measures to boost domestic availability and stabilise prices of essential food commodities, an official statement said. As per [...]

FM holds meeting with hospitality, tourism sectors; discusses credit-related issues

New Delhi, Feb 25 (PTI) Finance Minister Nirmala Sitharaman on Friday held a meeting with representatives from travel, tourism, civil aviation and hospitality sectors to discuss various credit related issues.     The meeting was also attended by senior finance ministry officials and heads of various public sector banks (PSBs). "Along with the FM, the [...]

Mandaviya urges bulk drug manufacturers to invest more in research

New Delhi, Feb 25 (PTI) Union Minister Mansukh Mandaviya on Friday complimented the bulk drug manufacturers for making efforts towards making the country self-reliant in the sector and also urged them to invest more in research for making the industry competitive globally. The minister, in a virtual event, emphasised that the pharmaceutical sector in India, [...]

SFIO arrests 3 individuals for fraud in Jagat Agro Commodities case

New Delhi, Feb 25 (PTI) The Serious Fraud Investigation Office (SFIO) has arrested three people in connection with its probe into the affairs of Jagat Agro Commodities Pvt Ltd after finding that they indulged in fraudulent activities and diverted funds borrowed from banks, including Punjab National Bank. Satish Kumar Pawa, promoter and shareholder; Saurav Aggarwal, [...]

Each region has unique language-culture; strong Centre-State relations essential for development: FM

Mumbai, Feb 25 (PTI) Union Finance Minister Nirmala Sitharaman on Friday underlined the need for strengthening relations between the Centre and states to achieve developmental aspirations. Sitharaman said there are three pillars that will take India to its 100 years — a transition to green energy; soft and hard infrastructure; and a healthy and educated [...]