India to play key role in higher global sugar output next season
May 27, 2021
But it could result in higher ending stocks, Thailand production set to rebound: USDA
India will play a significant role in 2021-22 season’s global sugar production increasing by six million tonnes (mt) but it could also result in the country carrying over huge stocks to the following season, according to the US Department of Agriculture (USDA).
While the sugar trade in the county agrees with this view, the industry, particularly private mills, think it is too early to talk about the next season.
The USDA also projects India’s sugar exports remaining at the current season’s level of six mt but the trade and industry see various factors deciding the shipments scenario.
Automobile manufacturer Kia India has contributed Rs 5 crore to the Andhra Pradesh State Disaster Management Authority (APSDMA) for Covid-19 relief work.According to the company, with the second wave of Covid-19 and the exponential rise in .
Synopsis
Baricitinib has received restricted emergency use approval, for use in combination with Remdesivir, for treatment of suspected or laboratory confirmed COVID-19 in hospitalised adults and pediatric patients two years of age or older, requiring supplemental oxygen, invasive mechanical ventilation, or extracorporeal membrane oxygenation.
Getty Images
Drug firm BDR Pharma on Wednesday said it has inked a licensing pact with Eli Lilly and Company for the manufacturing and distribution of Baricitinib for the treatment of COVID-19 in India. The company said it has entered into a royalty-free, limited and non-exclusive voluntary licensing agreement with Eli Lilly and Company. Baricitinib has received restricted emergency use approval, for use in combination with Remdesivir, for treatment of suspected or laboratory confirmed COVID-19 in hospitalised adults and pediatric patients two years of age or older, requiring supplemental oxygen, invasive mechanical ventilation, or extrac
India’s billionaires got richer over the last five years by a whopping 60%
May 13, 2021
Their total wealth from the top 15 industries is at ₹37.39-lakh crore
The total wealth of billionaires from the country’s top 15 industries rose by 60 per cent during the last five years to record a whopping ₹37.39-lakh crore as of December 2020, with pharmaceuticals leading the pack. These sectors were also generally untouched in 2020, a year various States imposed lockdowns to contain the raging Covid-19 pandemic.
Pharma tops the table
While pharmaceuticals maintained the top slot every year since 2016 and ended 2020 creating cumulative wealth of ₹8.12-lakh crore, Chemicals and petrochemicals came in second with ₹3.43-lakh crore. FMCG, which was in the second position five years ago, fell to third in 2018 and further to 11 by December last year. However, the sector’s net worth grew to ₹3.56-lakh crore from ₹2.45-lakh crore. In 2016, the cumulative wealth of the top 15