Economy News ( English version)

Danish drugmaker Novo Nordisk is partnering with ChatGPT's parent company, OpenAI, to bring ‘better treatment options’ for patients. The development comes as pharma companies are increasingly relying on AI to boost R&D and operations.

Everstone said it will focus on accelerating the company’s product pipeline, expanding its commercial reach into new geographies, and pursuing complementary acquisitions.

AvenuesAI is delivering a fully customised, centralised platform that spans the entire lifecycle of a Small Language Model from pre-training on a client's proprietary data corpus to on-premise deployment.

The acquisition is part of Innomotics' long-term plan to bring its core business lines into the fold, since its split from Siemens in 2023.

Shares of the company have jumped 25% in the last month despite posting losses in the last two quarters but its CEO Tarun Arora is nonchalant about it — instead is focused on staying ahead of consumer expectations. In this interview, Arora talks of his outlook for the company and new businesses.

Jat highlighted that India consumes nearly 33 million tonnes of fertilisers annually, with a substantial portion being imported, making it imperative to reduce import dependence.

India and the US are expected to firm up major deals, including in energy, in the coming weeks, even as PM Narendra Modi and US President Donald Trump discussed the West Asia situation and deepened strategic ties.

The International Monetary Fund has raised India's GDP growth forecast to 6.5 per cent for the current fiscal year. India is set to be the world's fastest-growing economy. Other global institutions also show optimism for India's economic performance. Projections indicate continued strong growth in the coming years.

In this regard, a team of officials from the WTO Secretariat was in New Delhi last week. In preparing its report, the Secretariat seeks the cooperation of the member countries. India has been a WTO member since 1995.

The International Monetary Fund (IMF) has slightly raised India’s growth forecast for FY27 to 6.5%, up 0.1 percentage point from its January estimate, and expects growth to hold steady at the same level in FY28, even as it flags rising geopolitical risks from the war in the Middle East.