India-origin pharma patents jump four-fold, innovation pipeline tops 1,095: Report

IANS | July 15, 2026 11:34 AM

New Delhi, July 15 (IANS) India-origin pharmaceutical patent families have risen more than four-fold over the past decade, while the country's drug discovery pipeline has expanded to more than 1,095 programmes across 195 companies, signalling a rapid shift from generics-led manufacturing to innovation-driven research, a report showed on Wednesday.

IBM CEO admits AI infrastructure spending hit harder than expected, shares plunge 25 pc

IANS | July 15, 2026 10:44 AM

New Delhi, July 15 (IANS) US-based technology giant IBM's Chairman and CEO Arvind Krishna has admitted that the company underestimated the scale of customers' shift in spending towards artificial intelligence (AI) infrastructure and failed to adapt quickly enough, saying we faltered in the second quarter as the trend weighed on its revenue.

China’s GDP growth in April-June weakest in over 3 years

IANS | July 15, 2026 10:33 AM

New Delhi, July 15 (IANS) China’s GDP growth slowed further in the April-June period — weakest in more than three years — as the economy grapples with supply-demand imbalance and structural challenges, official data from Beijing showed on Wednesday.

India-UK FTA comes into force under PM Modi's leadership: Piyush Goyal

IANS | July 15, 2026 9:58 AM

New Delhi, July 15 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said the India-UK Comprehensive Economic and Trade Agreement (CETA) has come into force under the leadership of Prime Minister Narendra Modi, calling it a defining milestone in bilateral ties.

Services index to help India’s statistical system meet global standards

IANS | July 15, 2026 9:33 AM

New Delhi, July 15 (IANS) With the introduction of the Index of Services Production (ISP), India is advancing its statistical system with global standards, as services sector has become a key driver of economic growth and employment generation and the government aims to position the country as a world leader in services, targeting a 10 per cent share in global services by 2047.

India-UK FTA kicks in on Wednesday, bilateral trade to get booster shot

IANS | July 14, 2026 9:25 PM

New Delhi, July 14 (IANS) The India-UK Free Trade Agreement (FTA), which comes into force on Wednesday, represents a “gold standard” FTA due to its wide sectoral coverage that includes farmers, seafood exporters, and labour-intensive industries such as textiles, which will benefit from significant reductions in both tariff and non-tariff barriers, Commerce Secretary Rajesh Agrawal said on Wednesday.