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.

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.

Pact with Australia paves way for India’s nuclear power projects to take off

IANS | July 14, 2026 5:45 PM

New Delhi, July 14 (IANS) A major outcome of the India–Australia annual summit, held in Melbourne last week, was the finalisation of the Administrative Arrangement under the Civil Nuclear Cooperation Agreement between the two countries, which enables long-term exports of Australian uranium to India for peaceful purposes under International Atomic Energy Agency (IAEA) safeguards.

14 of 19 services sub-sectors record double digit growth: Centre

IANS | July 14, 2026 4:54 PM

New Delhi, July 14 (IANS) As many as 14 out of the 19 sub-sectors recorded double-digit growth in April 2026 as compared to April 2025 in the first sub-sectoral Trial Index of Services Production (ISP) with base year as 2024-25, the Ministry of Statistics and Programme Implementation (MoSPI) said on Tuesday.