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Eli Lilly’s obesity pill will rival Novo Nordisk’s oral Wegovy drug

[ad_1] A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly‘s stock is still recovering after the drugmaker released trial data earlier this month on its closely watched obesity pill that underwhelmed Wall Street. In a key late-stage trial, Eli Lilly’s pill, orforglipron,

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Weather department forecasts week-long rain in Bengal

[ad_1] The Meteorological (MeT) Department has forecast week-long rain in Kolkata and south Bengal districts as another depression is likely to form in the Bay of Bengal on Monday. The new system, along with the present low-pressure area over Gangetic West Bengal, will bring moderate to heavy rain across south Bengal. According to the MeT Department, a low-pressure area has formed over

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Maharashtra to register women cooperative, give government contracts: CM Fadnavis

[ad_1] Maharashtra Chief Minister Devendra Fadnavis  also claimed that leaders have attempted to malign Maharashtra’s image after having earlier “defamed” India abroad. File | Photo Credit: PTI Maharashtra Government is set to register women’s cooperative societies and award contracts to them to strengthen their participation in industry, commerce and trade, according to Chief Minister Devendra Fadnavis. Addressing an event in Mumbai

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DRDO successfully conducts maiden flight tests of Integrated Air Defence Weapon System

[ad_1] Premier Defence Research agency DRDO (Defence Research and Development Organisation) has conducted the maiden flight tests of Integrated Air Defence Weapon System (IADWS) off the coast of Odisha. The flight tests were conducted on August 23 at around 12.30 pm. IADWS is a multi-layered air defence system comprising all indigenous Quick Reaction Surface to Air Missile (QRSAM), Advanced Very

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IMD issues yellow alert for Kerala: Heavy rainfall expected August 26–28

[ad_1] The India Meteorological Department (IMD) has issued a yellow alert for several districts of Kerala. It has warned of heavy rainfall in the next two days due to the influence of a low pressure system over the northwest Bay of Bengal. Officials have urged residents to remain vigilant as strong winds and intense rainfall are expected on Tuesday and Wednesday. According

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Global terrorism and peace in spotlight at India Day event in South Africa

[ad_1] India’s determined fight to tackle global terrorism, alongside calls for peace, were under the spotlight as the India Club hosted its 16th annual India Day in Johannesburg on Saturday. India Club is an association of Indian expatriates formed 16 years ago to host events to promote their motherland, the main one being the India Day event hosted in August,

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How is the GST structure being simplified? | Explained

[ad_1] Finance Minister Nirmala Sitharaman chairs a meeting of Group of Ministers (GoMs) constituted by the GST Council on Compensation Cess, Health and Life Insurance, and Rate Rationalisation at Vigyan Bhawan, in New Delhi. File. Photo: X/@FinMinIndia via PTI The story so far: The Group of Ministers (GoM) appointed by the Goods and Services Tax (GST) Council to look into

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Walmart, Target, Home Depot discuss tariffs

[ad_1] Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida, Aug. 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they and their shoppers are responding to President

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Jerome Powell: Institutional voice – The Hindu

[ad_1] At his acceptance speech as the Chairman of the U.S. Federal Reserve Board at the White House Rose Garden on November 2, 2017, Jerome Hayden Powell finished by saying: “I strongly share that sense of mission and am committed to making decisions with objectivity and based on the best available evidence, in the long-standing tradition of monetary policy independence.”

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US-India trade: Tariffs to hit leather sector; Kolkata exporters pondering ‘Made in Europe’ question

[ad_1] India’s leather industry, a vital labour-intensive sector with exports worth $4.1 billion, has been hit hard by US President Donald Trump’s decision to impose a 25% tariff on imports from India. The move, coupled with an additional 25% tariff on Russian oil purchases from 27 August 2025, is expected to deepen the crisis exporters are facing.Government data shows India

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Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending

[ad_1] Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI) approval to acquire up to 24.99% stake in Yes Bank, the private sector lender announced on Saturday.The development comes after Yes Bank’s May 9 disclosure about SMBC’s plan to purchase a 20% holding in the bank through a secondary stake buy, 13.19% from the State

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Andhra Pradesh Govt announces ₹1 crore life cover for municipal workers, ₹20 lakh for outsourced staff

[ad_1] AP Chief Minister N. Chandrababu Naidu greeting the public in a rally on the Swatch Andhra-Swarna Andhra campaign at Peddapuram in Kakinada district on Saturday. Andhra Pradesh Government will provide ₹1 crore life cover to municipal workers. Chief Minister N Chandrababu Naidu announced this in Peddapuram on Saturday. Families of regular workers who lose their lives in accidents will receive

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India’s trade talks: Piyush Goyal says FTA negotiations going on ‘subah se shaam’ – with America, Chile, EU & more

[ad_1] India is at the centre of major trade talks as it negotiates free trade agreements (FTAs) with several key partners, including the European Union, the United States, Chile, and Peru, commerce and industry minister Piyush Goyal said on Saturday.Speaking at the Entrepreneur and Traders Leadership Summit, Goyal said that the world is looking at India as developed economies are

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From August 25, India to suspend most postal services to US; here’s why

[ad_1] From August 25, India is set to suspend most of outbound postal services to the US. The action by the Department of Posts — which functions under the Ministry of Communications and runs a network of 1.65 lakh post offices across the country — follows an American executive order that puts an end to duty-free exemption for imported goods valued up

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What wealthy parents need to know about giving real estate to heirs

[ad_1] A local house with a porch in Edgartown on Martha’s Vineyard, Massachusetts, USA. Wolfgang Kaehler | Lightrocket | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The great wealth transfer is leading to

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CCPA imposes ₹3 lakh fine on VLCC for misleading ads on slimming treatments

[ad_1] The Central Consumer Protection Authority (CCPA) has imposed ₹3 lakh fine on VLCC Ltd for publishing misleading advertisements related to slimming treatments. In a statement on Saturday (August 23, 2025), the Department of Consumer Affairs said the penalty has been imposed on VLCC “for publishing misleading advertisements regarding fat-loss and slimming treatments through the use of the U.S.-FDA approved

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SEBI mulls revising block deal framework; minimum order size may increase to ₹25 crore

[ad_1]  The Securities and Exchange Board of India (SEBI) has sought public comments till September 15 on the proposals. File. | Photo Credit: Reuters Markets regulator SEBI has proposed raising the minimum order size for execution of trades in the block deal windows to ₹25 crore from the current ₹10 crore. The existing threshold had been in place since 2017. A

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Postal Department suspends bookings to the U.S. from August 25

[ad_1] According to a communication from the Department, the move is introduced because of an executive order of the U.S. administration that will come into effect from August 29. File image used for representation. | Photo Credit: The Hindu The Postal Department will suspend booking and transmission of mails, except documents and gifts worth upto $ 100, to the U.S.

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Trump targets imported furniture: Tariffs likely in 50 days; market reacts sharply

[ad_1] US president Donald Trump on Friday announced that his administration has started a major investigation into imported furniture, a move that could soon lead to new tariffs. Posting on Truth Social, Trump said the investigation would be completed within 50 days. “Furniture coming from other countries into the United States will be tariffed at a rate yet to be

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Spirit Airlines fate shaky after avoiding hard decisions in bankruptcy

[ad_1] A Spirit Airlines plane takes off from Oakland International Airport on May 06, 2024 in Oakland, California. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights and U.S. planes were awash in empty seats. Even the most profitable

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