Tag: business news

NTPC bets on large projects for 60 gigawatt solar dream – Times of India

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NEW DELHI: NTPC will focus on gigawatt (GW)-scale solar power projects and limit wind and battery storage projects to 10% of its renewable portfolio as the country’s largest coal-fired power producer chases a green dream of adding 60 GW green capacity by 2035.“NTPC is in generation, not distribution business. In large solar projects (usually in…

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Healthy Returns: Weight loss drug race heats up with pill data from Viking Therapeutics, AstraZeneca

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Aykut Karahan | Istock | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Friday! Buried in the election news this week was new data from drugmakers vying to enter the booming weight…

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Health

What McDonald’s needs to do next after E. coli outbreak

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In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City.  Michael M. Santiago | Getty Images As McDonald’s and health authorities race to contain a deadly E. coli outbreak, the burger chain faces challenges…

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CVS, UnitedHealth, Cigna say FTC should take Lina Khan and two commissioners off drug middlemen case

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FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024.  Tom Williams | Cq-roll Call, Inc. | Getty Images CVS Health, UnitedHealth Group and Cigna are demanding Federal Trade Commission…

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Health

FTC sues drug middlemen for allegedly inflating insulin prices

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Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC.  Kevin Dietsch | Getty Images News | Getty Images The Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the…

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Centre lifts ‘minimum export price’ on basmati rice, increases duties on edible oils – Times of India

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NEW DELHI: The ministry of Commerce and Industry on Friday announced that the Center has removed the minimum export price (MEP) threshold for basmati rice exports, in order to increase farmers income by with the export of basmati rice, a premier GI-tagged variety from India.This decision was taken in light of adequate domestic rice availability…

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Healthy Returns: Eli Lilly could soon become the first $1 trillion health-care stock

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A sign with the company logo outside the headquarters of Eli Lilly and Company in Indianapolis, Indiana, March 17, 2024. Scott Olson | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Earlier this…

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PM Modi hails 10 years of Jan Dhan Yojana; shares how it has been ‘game-changing’ – Times of India

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10 years of Jan Dhan Yojana: Prime Minister Narendra Modi on Wednesday celebrated the 10th anniversary of the Jan Dhan Yojana and commended those who contributed to its success. “Today, we mark a momentous occasion – #10YearsOfJanDhan. Congratulations to all the beneficiaries and compliments to all those who worked to make this scheme a success,”…

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Business

Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial

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Eli Lilly’s highly popular weight loss drug reduced the risk of developing Type 2 diabetes by 94% in obese or overweight adults with prediabetes compared with a placebo, according to initial results from a long-term study released Tuesday.  The late-stage trial on tirzepatide, the active ingredient in the company’s weight loss injection Zepbound and diabetes…

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