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Rupee continues to fall! Currency drops 4 paise in early trade; reaches 90.24 against US dollar

Rupee opened the week on a weak note, slipping 4 paise to 90.24 against US dollar in early trade on Monday, extending its downward momentum from 2025. The decline was triggered by ongoing geopolitical uncertainty as US intervention in Venezuela boosted demand for the American currency.Last week on Friday, the currency had fallen below the…

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‘If they don’t help on Russian oil issue…’: Donald Trump’s new tariff warning to India; praises PM Modi

PM Narendra Modi and US President Donald Trump (R) US President Donald Trump on Monday issued a fresh tariff warning to India, saying Washington could raise duties on New Delhi if it does not “help on Russian oil issue,” directly linking the threat to the ongoing Russia–Ukraine war.“We could raise tariffs on India if they…

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obesity and physical inactivity

‘Obesity therapy mkt set to evolve rapidly’

Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…

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golden harvest celebration

Rice production milestone: India overtakes China as top global producer, says minister; output hits 150.18 million tonnes

India has emerged as the world’s largest rice producer, surpassing China with an output of 150.18 million tonnes, Union agriculture minister Shivraj Singh Chouhan said on Sunday.The announcement came as the minister released 184 new varieties of 25 crops developed by the Indian Council of Agricultural Research (ICAR) at an event in the national capital.Addressing…

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India-EU FTA talks: Piyush Goyal to visit Brussels this week; talks enter final phase

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: PTI) Union commerce and industry minister Piyush Goyal will travel to Brussels this week for high-level discussions with the European Union on the long-pending India-EU free trade agreement, with negotiations now in their final and most challenging phase.According to an official, Goyal will be…

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Retail inflation outlook: CPI likely rises to 1.66% in December on food prices; still below year-ago levels

India’s retail inflation likely edged higher in December 2025 to 1.66 per cent from 0.71 per cent in November, driven by a strengthening in food prices across most segments, according to projections by Union Bank of India.The official Consumer Price Index (CPI) data for December is scheduled to be released on January 12, 2026, or…

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Venezuela oil plan: Donald Trump’s takeover idea unlikely to shift global prices soon; analysts flag hurdles

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s idea of taking control of Venezuela’s oil industry and inviting US companies to rebuild it after the capture of President Nicolás Maduro is unlikely to move global oil prices in the near term, analysts say.As per news agency AP, Venezuela’s oil sector…

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