According to a report by Crisil, the Indian pharmaceuticals industry is expected to post revenue growth of 8-10% in the current fiscal year, aided by steady domestic growth and increased exports to regulated markets, even as semi-regulated markets face headwinds. According to Crisil, this is supported by a survey of 186 drug makers that accounted for over half of the Rs. 3.7 trillion annual revenue of the sector in the last fiscal year. As per Mr. Aniket Dani, Crisil Research Director, similar to the previous fiscal year, domestic growth in FY24 will be driven by a 5-6% increase in realisations,…
Author: Editor's Desk, Tattva News
According to Nvidia founder and Chief Executive Officer (CEO) Mr. Jensen Huang, Nvidia plans to establish the world’s largest artificial intelligence (AI) workforce, and India may become the world’s greatest exporter of AI products and personnel. He further added that “India will produce and export more AI expertise than any other country. AI could also be its largest export”. Nvidia plans to upskill and reskill every engineer in the firm as part of its mission to be a leader in AI. Mr. Huang said “Every single engineer will be an AI engineer. AI will not take your job. The person…
By Nava Thakuria, Senior Journalist from North East When we used to presume the Editors Guild of India (EGI) as a national forum of editors, the journalists-editors of Manipur changed the perception. Two major local media bodies have challenged the EGI over its fact-finding report on the ongoing ethnic conflicts in the northeastern State and it only reflected that the editor’s club may not have representative in all States of Bharat. Founded in 1978 with objectives to protect press freedom and raise the standard of editorial leadership for newspapers and periodicals in the largest democracy on Earth, the EGI today…
Finally after several rain delays and frustrating two days of start-stop cricket, Team India scripted their biggest-ever win against Pakistan in ODI history surpassing their 140-run win in 2008, to open their account in the Asia Cup 2023 Super Fours on Monday, September 11 in Colombo. Virat Kohli’s supreme fitness was evident in his 47th ODI century while comeback man KL Rahul produced an equally engaging ton on comeback as India thrashed a listless Pakistan by record 228-run margin in a rain-marred Super Four game of the Asia Cup in Colombo. India posted an imposing 356 for 2, as Kohli (122…
Prime Minister Narendra Modi and Crown Prince of Saudi Arabia Mohammed bin Salman on Monday agreed on setting up a joint task force to help identify and channelise investments worth $100 billion in the West Coast refinery project in Maharashtra. “Both sides extended their full support to the early implementation of the West Coast refinery projects… The two sides agreed to set up a joint task force to help in identifying and channelising the $100 billion investments promised by the Saudi side – half of which was for the refinery, and again to have monitoring committee to ensure that the progress in this…
United Kingdom Prime Minister Rishi Sunak has accused China of meddling in Britain’s democracy as he faces a government split at home over whether to formally designate China a threat to national security. Sunak “confronted” Chinese premier Li Qiang on the sidelines of the G20 summit in its final session on Sunday morning. Speaking afterwards, Sunak told broadcasters in New Delhi that he had raised his “very strong concern” about interference with parliamentary democracy, which he said was “obviously unacceptable.” It was the “right approach” to talk face-to-face with China’s premier, he said. The accusation, made to Li on Sunday, comes in…
Expressing concern over the erratic supply of electricity across Assam for many days because of power deficiency, a forum of graduate engineers urged the government to encourage more people to nurture solar power consumption initiatives for their daily needs. All Assam Engineers’ Association (AAEA), in a media statement, also urged the State power generation and distribution companies to make the procedures for installing household solar power units simple and viable for the consumers. The situation turned worse as the heat wave continued till the middle of September this year in Assam. The public angers are reflected on social media space…
Turkish President Recep Tayyip Erdogan said India is Turkey’s greatest trade partner in South Asia and expressed confidence of tapping the huge potential of cooperation between the two countries. “India is our greatest trade partner in South Asia. And we will be able to tap the great potential of cooperation, primarily in the field of economy and many other sectors, after the election that took place in Turkiye earlier this year,” he said. Speaking after the conclusion of the G20 Summit in Delhi on Sunday, he thanked India for its “gracious and very successful term of presidency” of G20 and…
Former Andhra Pradesh Chief Minister N Chandrababu Naidu was taken to Rajamahendravaram central prison in the wee hours of Monday after a court in Vijayawada sent him to judicial custody for 14 days in a multi-crore corruption case. He was taken to the prison at around 1:20 am on Monday. In view of this, the TDP has called for a state-wide shutdown on September 11. Earlier, a Vijayawada anti-corruption bureau (ACB) court sent Chandrababu Naidu to 14-day judicial custody in connection with an alleged skill development scam. Naidu was produced in the court on Sunday morning amid tight security, a day after being…
A rare artefact associated with Maratha king Chhatrapati Shivaji is set to be repatriated from the United Kingdom, the Union Ministry of Culture said on Saturday. In a post on X, the ministry said “repatriation of our treasured artefacts is a big win for India’s diplomatic efforts”. The announcement coincided with the G20 Leaders’ Summit 2023, which kicked off in Delhi on Saturday. “Our glorious heritage returns. Get ready to witness history in the making as the legendary ‘wagh nakh’ of Chhatrapati Shivaji Maharaj is all set to make its triumphant return to where it truly belongs,” the ministry said in…