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Can Indian-origin Vivek Ramaswamy be the Republican 'OBAMA' for US?

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Ahmedabad-based Torrent Pharmaceuticals has sought fair trade regulator CCI's clearance to acquire a majority stake in in J B Chemicals and Pharmaceuticals in a Rs 19,500-crore deal.
After the completion of the deal, Torrent Pharmaceuticals will become India's second most valued pharma company.
The development came after Torrent Pharmaceuticals in June this year announced the acquisition of a majority stake in J B Chemicals and Pharmaceuticals in a Rs 19,500-crore deal.
"The proposed combination relates to acquisition of shareholding by the acquirer (Torrent Pharmaceuticals Ltd) in the target (J B Chemicals & Pharmaceuticals Ltd) and the subsequent amalgamation of the target with the acquirer," according to a notice filed with the Competition Commission of India (CCI).
Torrent Pharmaceuticals is the flagship company of the Torrent group and is engaged in the business of manufacturing and sale of pharmaceutical formulations (FDFs) across therapeutic segments.
J B Chemicals & ...

The parties (Torrent Pharma and J B Chemicals) said that their activities exhibit horizontal overlaps in certain relevant markets for the manufacturing and sale of FDFs in India

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The deal is an extension of a previous round from a few months ago that valued the company at $14 billion - investments that underscore the Silicon Valley rush to back the top AI startups

After a day-long suspension due to heavy rains and landslides in Kashmir, the Amarnath Yatra resumed on Friday with a fresh batch of over 7,900 pilgrims leaving Jammu for the twin base camps of the 3,880-metre-high cave shrine in the south Kashmir Himalayas.
The Yatra also resumed from the twin base camps of Pahalgam and Baltal in Kashmir, officials said.
Escorted by CRPF and police personnel, the 16th batch of 7,908 pilgrims  including 5,957 men, 1,613 women, 26 children and 310 sadhus and sadhvis  left the Bhagwati Nagar base camp here in 261 vehicles for the twin base camps between 3:30 am and 4:25 am, the officials said.
The first pilgrim convoy, carrying 2,879 pilgrims in 92 vehicles, left for the shorter but steeper 14-km Baltal route in Ganderbal district, followed by the second convoy of 5,029 pilgrims in 169 vehicles, who are undertaking the Yatra via the 48-km traditional Pahalgam route in Anantnag district, they said.
With this, a total of 1,09,461 pilgrims have departed

Escorted by CRPF and police personnel, the 16th batch of 7,908 pilgrims including 5,957 men, 1,613 women, 26 children and 310 sadhus and sadhvis left the Bhagwati Nagar base camp

Justice Yashwant Varma moves SC against in-house panel report that indicted him after unaccounted cash was found at his Delhi home following a fire; calls probe unconstitutional

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Can Indian-origin Vivek Ramaswamy be the Republican 'OBAMA' for US?

Vivek Ramaswamy, a 37-year-old multimillionaire biotech entrepreneur, has burst onto the political scene as one of the top contenders in the Republican presidential race for 2024.

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