Pfizer’s $10.5 billion deal with Innovent Biologics is being watched as a bellwether for multinational pharmaceutical engagement in China’s healthcare market.
Category: Business
India Ranked World’s Top Remittance Recipient with Inflows Boosting Foreign Reserves
India’s inbound remittances continue to be the single largest in the world providing a vital cushion for foreign exchange reserves.
Government of India Approves 60% Increase in Sanctioned Manpower for Enforcement Directorate
India’s central government expanded the ED’s workforce by over 60% to bolster investigations into money laundering and economic offences.
India in 2026 Now Home to 127 Unicorn Startups Across Diverse Sectors
India’s startup ecosystem continues its march with 127 unicorns as of May 2026 reflecting the maturation of its innovation economy.
KollegeApply Crosses 600 Institutions and Posts Rs 15 Crore Revenue in FY26
Indian edtech platform KollegeApply expanded its institutional partnerships and hit Rs 15 crore in annual revenue for FY26.
Lightspeed Ventures to Hire Blume Ventures’ Rohit Kaul as Marketing Head
Venture capital firm Lightspeed India is poaching a senior executive from rival Blume Ventures to lead its marketing strategy.
Cramer Says It’s Worth It to Stay Long This Software Giant as AI Demand Sustains
Jim Cramer recommends staying invested in a major software company citing sustained demand from the AI infrastructure buildout.
Consumer Sentiment Hits Fresh Record Low in May as Iran War Fuels Inflation Worries
US consumer confidence fell to a new record low in May 2026 as higher fuel prices tied to the Iran conflict weighed on households.
Dow Jones Inches Up 0.05% to 50668 as Markets Weigh Iran Ceasefire Deal Progress
The Dow Jones Industrial Average edged higher as investors cautiously welcomed reports of progress in US-Iran ceasefire negotiations.
Stock Trading Tied to the President Fuels Fresh Accusations of White House Corruption
A new round of allegations emerged linking stock market activity to actions taken by the Trump administration raising ethics concerns.