As a part of agreement, Incyte has granted to Sun a limited, non-exclusive license to U.S. Patent and certainother related patents with respect to oral deuruxolitinib for certain agreed-upon non-hematology-oncology indications including alopecia areata, in the U.S.

Speaking at the Confederation of Indian Industry’s GCC Summit, Ms. Sitharaman said that GCCs in India currently employ nearly 2.16 million people, with this employment having grown at a compounded annual growth rate of 11% over the last five years. 

Company revises revenue growth guidance downwards between 3% and 5% YoY in constant currency, resets EBIT margin in the 17-18% range as Q1 operating margins decline due to lower utilisation and higher investments in generative AI

Despite policy interventions from both Trump and Biden administrations, US manufacturing is showing signs of stagnation, marked by job losses and tepid production. Factors such as inflationary pressures, interest rate hikes, and tariff ...more

India is set to increase its presence in the United States market. This is due to changes in Washington's tariff policies. Niti Aayog reports India will gain competitiveness in many product categories. The US has higher import tariffs o ...more

A high-level committee has approved a framework facilitating the transfer of surplus land and buildings from telecom PSUs like BSNL, MTNL, and ITI to central government organizations without auction. Interested entities must express int ...more

The rupee weakened to 85.92 against the US dollar due to rising crude oil prices and a strong dollar, despite RBI intervention. Foreign fund outflows and stalled India-US trade agreement talks further pressured the rupee. Brent crude ro ...more

HCL Technologies reported a 9.7% drop in net profit for Q1 FY26, reaching Rs 3,843 crore, influenced by increased expenses and a client bankruptcy. Despite this, revenue rose 8.1% to Rs 30,349 crore, driven by technology and services. H ...more

India's Global Capability Centres are poised to significantly boost the nation's economy. Goldman Sachs executive predicts a $0.5 trillion contribution to India's GVA in the coming decade. The GCC sector is expected to employ millions, ...more

India's wealth management sector is set for rapid expansion. Jefferies projects over 20% annual growth in the next three years. This growth is fueled by a booming economy and more rich individuals. Firms are targeting the ultra-rich. Th ...more

India and the US are accelerating talks to finalize a trade deal before the revised August 1, 2025, tariff deadline. An Indian delegation is in Washington to negotiate the agreement's initial phase. Discussions aim to resolve issues in ...more

The proposed Sugar and Oil boards will display the amount of oil and sugar in commonly eaten items

A Beechcraft B200 crashed at Southend Airport, killing at least four people. The incident led to the airport's closure and flight cancellations.