The Economic Times

The expiry of a key patent for semaglutide in India opens doors for affordable weight-loss and diabetes drugs. Indian pharmaceutical companies can now produce generic versions, potentially lowering prices by up to 90%. This expansion promises wider access to crucial metabolic therapies, impacting public health and the economy.

Novo Nordisk's India patent expiry today unlocks affordable semaglutide, set to transform diabetes and weight management. Local players are readying generic versions of Ozempic and Wegovy. This 'Ozempiconomy' will boost health and wellness, reshape lifestyle choices, and influence community dynamics. The market is projected for substantial expansion, presenting a major opportunity for various sectors.

The resignation of HDFC Bank's chairman, Atanu Chakraborty, shines a spotlight on the often murky waters of corporate governance. Boardrooms, much like the deliberative chambers of a jury, are veiled arenas where significant decisions are made. Investors, placing their faith in the system, remain oblivious to the confidential discussions that shape their stakes.

The dangers of depending on oil imports have once again been exposed. It's time to start thinking long term about ways to electrify our economy. They are already a key power source for our households, but we need to cannonball efforts to make it a source to manufacture molecules, materials as well as machine learning.

The recent rebasing of India's GDP has ignited a lively discussion among economists. Although official statistics indicate a boost in genuine growth, the use of a low deflator raises concerns regarding the veracity of manufacturing data and overall GDP growth. Experts warn that we may be looking at an inflated growth narrative.

The duration of the US-Israel war against Iran directly impacts crude oil prices, with longer conflicts leading to tighter global supply and higher costs. This price surge, particularly at US gas stations, could politically jeopardize Donald Trump's standing in upcoming mid-term elections, potentially forcing an end to the conflict.

India must differentiate between the United States and its current leader, Donald Trump. While maintaining ties with the US is vital, India need not follow Trump's erratic policies. India has the freedom to condemn Trump's actions and assert its independence. This is a crucial time for India to lead BRICS in reforming global economic structures and challenging US dollar dominance.

Tensions rise in the Strait of Hormuz as Iran's mining of this crucial oil passage threatens international trade. In a bid to safeguard maritime routes, President Trump is rallying for a coalition of naval forces, yet several key allies hesitate to send their ships. The resulting impasse jeopardizes global oil and fertilizer markets, signaling potential economic turmoil ahead.

West Bengal faces a significant employment crisis. Decades of industrial policy challenges and land reform successes have created a complex situation. Recent land disputes, like those in Singur and Deocha-Pachami, continue to impede industrial growth. The state's upcoming elections focus on welfare, while industrial investment remains elusive. This ongoing land debate is a key development puzzle.

In a groundbreaking shift, mutual funds will now price gold and silver according to Indian exchange rates, stepping away from the traditional London benchmarks. This move boosts both transparency and precision for investors, signaling India's rising presence in the global gold market.

The landscape of global commerce is undergoing a transformation as uncertainty grips West Asia. Rising to prominence is the India-Middle East-Europe Economic Corridor (IMEC), a strategic initiative designed to link India, the Gulf, and Europe. This corridor not only aims to enhance trade flows but also to elevate the Mediterranean's significance in global logistics.

In a world where strategies for warfare are deftly orchestrated, the blueprint for peace seems elusive. Today's geopolitical landscape fixates on military might and government upheaval, resulting in endless turmoil and despair. Influential figures such as Gandhi, Lincoln, and Martin Luther King Jr. recognised that true peace is rooted in respect and perseverance, not degradation.

India faces a critical need to reduce fertilizer imports. The closure of the Hormuz Strait highlights this vulnerability. A move towards domestic biofertilizers and natural farming offers a solution. This transition can lower import bills, improve soil health, and reduce farmer costs. Government support and market organization are key to this vital shift.

The Gulf city's choreography of order and genuine warmth are hard to reconcile with news alerts speaking of missiles, strikes and 'strategic targets' that underline the insanity of war

Gas cylinders are a symbol of middle-class life in India. The author has moved to induction cooktops. Gas cylinders represent finite resources and subsidized dreams. They are a lingering emblem of common people. The author is done with gas cylinders. Antacids will suffice for his needs.

As we celebrate the 250th anniversary of Americas independence, we also honor the 250th anniversary of Adam Smiths groundbreaking work, 'Wealth of Nations'. Smith's insights into free markets and the mechanics of supply and demand have been instrumental in shaping the foundational ideas of American economic growth.

When one turns away from political news of the moment, drained and exhausted, one ends up watching or listening to news about one's interests: a cricket match podcast, news from the writing world, music news... Or worse still, one ends up watching news from decades ago. The other day I ended up watching reels on BBC Archives.