Author: Shradhanjali Mukherjee

India’s pharmaceutical and healthcare sector recorded a total of 78 deals valued at approximately $1.9 billion in the first quarter of 2026, according to a recent industry report. While the number of transactions remained stable, overall deal value saw a moderation due to the absence of large-scale transactions, indicating a more cautious investment environment. The report highlighted that mergers and acquisitions accounted for 30 deals worth about $915 million during the quarter. Although deal volumes remained consistent, the overall value declined by nearly 40% compared to the previous quarter. This trend was largely driven by smaller transaction sizes and a…

More than 250 guests assembled on the evening of April 26, 2026, at Royal Albert’s Palace in Crystal Hall, New Jersey, for a charity gala dedicated to supporting SGML Eye Hospital located near Ujjain, India. The event brought together philanthropists, community leaders, and supporters who shared a common goal of improving access to quality eye care for underserved and rural populations. Organized by SGML Eye Hospital USA, Inc., a registered nonprofit based in New Jersey, the gathering aimed to strengthen healthcare services that help prevent avoidable blindness and restore vision to those in need. The evening successfully raised $50,000 through…

New York City has announced a major initiative to bring the excitement of the FIFA World Cup 2026 to residents through a series of free fan zones across all five boroughs. The announcement was made by city mayor Zohran Mamdani, who emphasized that the goal is to ensure every football fan can experience the tournament without financial barriers. The World Cup will be hosted jointly by the United States, Mexico, and Canada, beginning June 11, 2026, with New York among the key host cities. According to the announcement, large-scale public viewing events and fan celebrations will be organized in different…

Prime Minister Narendra Modi has described the newly signed Free Trade Agreement between India and New Zealand as a transformative development that will drive inclusive growth and unlock opportunities across multiple sectors of society. In a message shared on social media, he highlighted that the agreement represents a significant milestone in the evolving relationship between the two countries. According to the Prime Minister, the trade pact goes beyond traditional economic cooperation and is designed to benefit a wide spectrum of stakeholders, including farmers, small businesses, startups, students, and innovators. He emphasized that the agreement reflects the strong foundation of trust,…

India and New Zealand have officially signed a landmark Free Trade Agreement (FTA), marking a major step forward in strengthening economic ties between the two nations. The agreement was signed in the presence of Commerce Minister Piyush Goyal and New Zealand’s Trade Minister Todd McClay during the India-New Zealand Business Forum held in New Delhi. The deal was completed in just nine months after negotiations began on March 16, 2025, making it one of the fastest trade agreements concluded by India. Under the agreement, India will receive immediate duty-free access to 100% of tariff lines in New Zealand. This represents…

US Ambassador to India Sergio Gor marked 100 days in office by emphasizing the growing strength and momentum in India-US relations, describing the partnership as being on a highly positive trajectory. In a post shared on X, he highlighted several key developments achieved during his initial months in India, including progress on a major trade agreement, expanded defence cooperation, and India’s participation in the Pax Silica initiative. Gor noted that the early phase of his tenure has been marked by active engagement across government and industry, both in India and the United States. He also shared that he recently traveled…

India’s External Affairs Minister S. Jaishankar announced that the upcoming India Africa Forum Summit (IAFS-IV) will play a defining role in shaping the next chapter of ties between India and African nations. He emphasized that the future partnership will be broader in scope, more inclusive in approach, and aligned with long-term global goals. His remarks came during the official unveiling of the summit’s logo, theme, and digital platform ahead of the event scheduled for May 31. Addressing diplomats and stakeholders invested in India-Africa relations, Jaishankar highlighted that the summit will serve as a platform to exchange knowledge, share successful development…

Tech billionaire Elon Musk recently highlighted the significant contribution of Indian talent to the United States, noting that America has greatly benefited from skilled professionals originating from India. This sentiment reflects a long-standing trend where Indian-origin leaders continue to rise to top executive positions across major American corporations, particularly in technology, healthcare, and consumer industries. From global tech firms to healthcare and FMCG giants, Indian-American CEOs are increasingly shaping the direction of the US economy. Leaders such as Sridhar Ramaswamy of Snowflake, Asha Sharma of Microsoft Gaming, and Shailesh Jejurikar of Procter & Gamble have become prominent figures driving innovation…

India’s renewed trade engagement with Canada has opened what experts describe as a second opportunity to build a stable and long term economic partnership between the two countries. The relaunch of negotiations during Canadian Prime Minister Mark Carney’s visit earlier this year is being viewed as a significant step forward after earlier talks were disrupted by political tensions. According to India’s former High Commissioner to Canada Sanjay Kumar Verma, the changing global environment has made economic diversification essential for Canada, which remains heavily dependent on the United States. He noted that this reliance has become a strategic limitation, especially amid…

Even as geopolitical tensions in West Asia escalate and Brent crude oil prices rise due to disruptions around the Strait of Hormuz, India has kept its fuel prices unchanged in dollar terms. Meanwhile, several countries worldwide have experienced sharp increases in petrol and diesel costs, reflecting the broader instability in global energy markets. Data highlighted by Kotak and reported by NDTV Profit shows a clear gap between India and other economies when it comes to fuel price movements. While many advanced and emerging nations have passed on rising crude oil costs to consumers, India has largely insulated its domestic market…