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Pharmaceutical stocks came under pressure on Wednesday after US President Donald Trump unveiled a phased tariff plan for imported generic medicines, raising concerns over the long-term outlook for one of the industry’s biggest export markets.The sell-off came even though the proposal gives generic drugmakers a two-year tariff-free window before steep duties are introduced. Nifty Pharma…

Stock market recommendations: BSE, Reliance Industries, and PI Industries have been identified as the top stocks to buy today, July 22, 2026, by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares.BSE: Buy Near Ichimoku Cloud SupportBuy: Rs 3,650–Rs 3,600 | Stop Loss: Rs 3,520 | Target: Rs 3,850BSE has witnessed a healthy corrective…

Rupee came under pressure in early trade on Wednesday, opening 11 paise lower at 96.36 against the US dollar. The slump came as rising crude oil prices and increased demand for safe-haven assets weighed down the currency.Earlier on Tuesday, rupee had ended at 96.25 against the greenback before slipping at the opening of the interbank…

President Donald Trump on Wednesday announced a phased tariff plan for imported generic medicines, saying they would continue to enter US duty-free for the next two years before attracting tariffs of up to 200%.In a post on Truth Social, Trump said generic medicines imported into the US would continue to attract zero tariffs from August…

Stock market today: Sensex, Nifty fall for second day Indian benchmark indices closed lower for the second consecutive session on Tuesday as weakness in HDFC Bank and rising geopolitical tensions in West Asia kept investors on edge. The BSE Sensex fell 238.41 points (0.31%) to close at 77,470.11, while the NSE Nifty50 declined 50.80 points…

MUMBAI: Anand Group, the over $3 billion auto components conglomerate, is undertaking two linked transactions worth about Rs 3,180 crore through listed flagship Gabriel India that will lift promoter Anjali Singh and family’s stake in the company to 68% and deepen its footprint in the sector.Gabriel will buy out the Singh family’s 29% stake in…

NEW DELHI: Electronics may have seen maximum focus under the production linked incentive (PLI) scheme, but it is the humble food products that have created the most jobs, and with low levels of investment. In fact, sectors such as pharma and automobiles too have seen more investments but fewer jobs, according to govt data.According to…

Gold, silver rate today: US Fed announcement set to drive precious metals Investors continued to monitor the US Federal Reserve’s policy outlook for fresh clues on the future direction of interest rates. According to a Reuters poll, economists expect the central bank to keep its benchmark interest rate unchanged for the remainder of 2026 as…

Karnataka saw FDI flows nearly double to $13 billion NEW DELHI: Karnataka saw FDI flows nearly double to $13 billion during the last financial year as tech investors and global capability centres (GCCs) flocked to India’s Silicon Valley, while Maharashtra, the top destination, saw a dip in inflows after two years.Haryana, Tamil Nadu, Rajasthan, Uttar…

Once upon a time, it was just roti, kapda aur makaan.Today, it’s not about roti, kapda, makaan. It is skincare, concert tickets, latest OTT binge, gym memberships, cafe hopping, matcha cravings among other items waiting in your cart.For older generations, every big purchase meant months, sometimes even years, of careful saving. Today, however, payday follows…

US announcing new tariffs on several products imported from Canada and the 25% tariff on Brazilian goods Section 301 Levies May Cover 99% Of US Trade | New Tariffs On Canada & Brazil US announcing new tariffs on several products imported from Canada and the 25% tariff on Brazilian goods Section 301 Levies May Cover…

Trump said the move was intended to encourage companies to manufacture generic medicines domestically US President Donald Trump on Tuesday announced a phased tariff regime on imported generic medicines, saying they will continue to enter the United States duty-free for two years and then steep tariff hikes aimed at bringing pharmaceutical manufacturing back to the…