The Economic Times

Sun Pharma ranks second in US dermatology by prescriptions, with key brands including Ilumya for plaque psoriasis and Winlevi for acne. Recent US launches include Leqselvi for severe alopecia areata and Unloxcyt for advanced cutaneous squamous cell carcinoma, strengthening its presence in dermatology and cutaneous oncology.

The Delhi High Court ordered a forensic audit of Fortis Healthcare transactions. This audit will examine dealings with IHH Healthcare Berhad and RHT Health Trust. It will also probe transactions involving the Singh brothers and Religare Group companies. The court seeks to trace the movement of shares and funds. This comprehensive audit must be completed within six months.

Nine pharmaceutical firms reached deals with the Trump administration for lower drug prices. These agreements expand the total number of companies to twenty-six manufacturers. The deals cover medicines for chronic and rare diseases, benefiting Medicaid programs. Sun Pharma will contribute antibiotics to the US Strategic Active Pharmaceutical Ingredients Reserve. These initiatives aim to reduce reliance on foreign suppliers and lower costs.

Mankind Pharma has completed the sale of its entire stake in Broadway Hospitality Services. The transaction involved transferring 100 percent ownership to AKRK Projects LLP and its partners. This divestment officially concluded on August 31, 2026, as per the company's filing. Broadway Hospitality Services is no longer a wholly-owned subsidiary of Mankind Pharma. The total consideration for this divestment was reported as Rs 49 crore.

Lannett Company, part of Aurobindo Pharma, has launched generic Advair Diskus in the US, making it the first complex inhalation product from Aurobindo to be marketed there. This market is worth approximately $908 million. Moreover, Cipla's US branch has also obtained FDA approval for the same product, setting the stage for an exciting competition in respiratory treatments.

AIG Hospitals will invest two thousand crore rupees over five years. A thousand-bed greenfield multispeciality hospital will be built in Visakhapatnam. The first phase with six hundred fifty beds should open by October 2028. This facility will offer over fifty medical and surgical specialities. The project also includes a nursing college and research laboratory.

Mahajan Imaging and Neuberg Diagnostics have formed a strategic joint venture. This partnership aims to expand pathology and genomics services across North India. The collaboration will leverage combined infrastructure and expertise for enhanced diagnostic capabilities. Organised diagnostic players anticipate significant revenue growth in the coming years. The venture prioritizes early diagnosis and prevention for improved public health outcomes.

Zydus Lifesciences said its drug Saroglitazar Magnesium met the primary goal of a global Phase II(b) trial for MASH, a serious liver disease linked to metabolic disorders.

The Delhi High Court on Monday ordered the appointment of a forensic auditor to examine transactions involving Fortis Healthcare, Malaysias IHH Healthcare and Singapores RHT Health Trust, in a case linked to a $4.6-billion arbitration award won by Daiichi Sankyo against Malvinder and Shivinder Singh.

India seeks predictable regulations and easier market access for its pharmaceutical products. Discussions occurred at the India-Brazil Trade Monitoring Mechanism meeting in Brasilia. Both nations aim to expand the existing India-Mercosur trade agreement soon. Bilateral trade between India and Brazil is targeted to reach thirty billion dollars. This move aims to deepen economic ties and expand India's Latin American market presence.

Indias private credit market deployed $3.5 billion across more than 100 deals in H1 2026, broadly unchanged from $3.4 billion in H2 2025, according to EY.

Park Medi World plans to add 1,450 beds by FY28, expanding its northern India network. The hospital chain focuses on Tier 1, 2, and 3 cities for efficient scaling. Acquisitions will target hospitals with 200-250 beds, expandable to 350. The company reported record net profit and revenue in FY26. Park Medi World is also adopting cleaner energy systems across its facilities.

Amrutanjan Health Care plans to establish one lakh direct chemist outlets this fiscal year. The company achieved strong growth in pain management and women's hygiene categories during FY26. This expansion aims to increase brand availability beyond its traditional strongholds in the south and east. Amrutanjan also intends to relaunch its congestion-relief brand, Relief, in the current year. The company remains confident about demand in FY27, supported by its product portfolio.

Wellness has shifted from luxury retreats to daily personal management and longevity. Wearable technology now tracks health markers, encouraging consistent self-care habits. Fitness goals are increasingly performance-driven, moving beyond aesthetics and appearance. Nervous system regulation through breathwork and sound baths is gaining prominence. This new focus emphasizes consistent, unglamorous daily habits for long-term health.

Three innovative South Indian medtech startups, BioCipher Labs, Prodancy, and Mykare.ai, have triumphed in the HealthSprint 2026 initiative organized by Israel in collaboration with GINSERV. Their creative pitches impressed judges, earning them a unique opportunitya fully funded week-long program in Israel. Here, they will dive into the Israeli healthcare landscape, unlocking new global market avenues. This collaboration is paving the way for advancing healthcare innovation on an international s

Maharashtra FDA withdrew its order to cancel Cipla Pharma's drug sale license after court intervention. The Bombay High Court criticized the regulator for acting in a high-handed and overboard manner. The FDA will now issue a fresh show cause notice to the company for a reasoned order. This action followed alleged irregularities in packaging, storage, and recall of specific tablets.

A Delhi court has taken cognisance of the NIA's extensive chargesheet. This chargesheet details the Red Fort blast which killed eleven people last year. Thirteen accused individuals are now facing charges in connection with the incident. The NIA linked the accused to Ansar Ghazwat-ul-Hind, an Al-Qaeda offshoot. Further proceedings in this significant case are scheduled for September ninth.

Maharashtra FDA cancelled Cipla's Pune unit drug sale licences. Serious irregularities in storage and recall procedures were cited by the regulator. The company failed to fully comply with market recall directions for Reactin Plus Tablets. Further non-compliance was discovered in the unit's distribution and sales system.

The fastest-growing Ebola outbreak has now affected sixty health zones in eastern Congo. Two new zones, Biena and Manguredjipa, are now experiencing the outbreak. These areas show a higher case fatality rate than the overall average. The outbreak has recorded five thousand seven hundred ninety-four confirmed cases and two thousand seven hundred eighty-six deaths. This epidemic is spreading faster than containment and tracking efforts can manage.

Jubilant Generics received a Rs 105.5 crore GST show-cause notice from Uttarakhand authorities. The notice alleges improper availment of tax refund and Advance Authorisation Scheme benefits. This action pertains to the fiscal years 2020-21 and 2021-22. The company plans to contest the notice and file a detailed reply soon. Jubilant Pharmova expects no significant financial or operational impact.

Aster DM Quality Care is negotiating to acquire a controlling stake in Yatharth Hospitals. This potential acquisition aims to consolidate the hospital sector amid private equity interest. Yatharth Hospitals' stock has seen a significant rise in anticipation of a potential trade. The deal would trigger an open offer for additional shares, expanding the acquirer's ownership. This move would significantly strengthen Aster DM Quality Care's presence in northern India.

Demand for flu vaccines has significantly increased this year. At-home vaccination services are seeing a substantial rise in bookings. Rapid testing requests are also growing from various Indian cities. This surge is driven by elevated viral spread and increased awareness. Experts recommend annual vaccinations and usual protective measures.

Defence Minister Rajnath Singh inaugurated a new tank overhaul facility in Jabalpur. This facility will significantly boost India's capacity for maintaining its armored fleet. Singh highlighted tanks as crucial for border defence and soldier morale.

Six months after its start, the US war with Iran shows no clear end in sight. Original objectives have shifted, and some key goals remain unfulfilled. The Strait of Hormuz, a vital shipping lane, has been largely closed since the war began. While US forces achieved tactical successes, Iran's nuclear program and proxy groups are still concerns.

Nineteen of Medicovers 25 hospitals are already profitable, while the remaining facilities are in various stages of ramp-up, P Hari Krishna, executive director, Medicover Hospitals India, told ET. He said newer hospitals typically take 12-18 months to fully break even.

Kedaara Capital has acquired a majority stake in Tynor Orthotics for approximately $200 million. This significant deal provides an exit for investor Lighthouse Funds from the medical device maker. Tynor Orthotics manufactures orthopaedic supports and mobility aids for global markets. The company has an extensive distribution network reaching numerous retail outlets and hospitals. Kedaara will partner with Tynor's promoters and its existing strategic partner Thuasne.

India conveyed to China the importance of border peace for bilateral ties. National Security Advisor Ajit Doval met Chinese Foreign Minister Wang Yi for talks. They discussed delimitation of the frontier and trans-boundary cooperation efforts. Both sides agreed to continue seeking a political settlement of the boundary question. Maintaining peace and tranquility in border areas was highlighted as crucial.

A special NIA court in Jammu ordered jail authorities to avoid unnecessary handcuffing of Shabir Ahmad Shah. The separatist leader cited advanced age and multiple health ailments causing him pain. Shah was arrested by the NIA in connection with a three-decade-old terror case. He had recently been released on bail after nearly seven years in other cases.

Union Home Minister Amit Shah will attend a two-day conference on national security. More than 850 officers from security forces will participate in this event. The ninth National Security Strategy Conference will combine physical and virtual modes. Officers will deliberate on contemporary matters and challenges facing national security. This important meeting begins on Monday and will address key issues.

Mankind Pharma has secured an exclusive agreement with Chongqing Chenan Biopharmaceutical. This partnership focuses on commercialising two insulin analogues for diabetes care. The deal will enhance Mankind Pharma's injectable diabetes segment offerings. These new products will strengthen the company's comprehensive patient portfolio.

Lord's Mark Industries has obtained a license for its groundbreaking Biomescan Analytics Platform, which specializes in assessing the gut microbiome to deliver customized health insights. With ambitious plans to set up 3,000 health centers across India in the next three years, the initiative aims to offer gut assessments and personalized nutritional advice, promoting proactive health and enhancing long-term wellness outcomes.

Manipal Health Enterprises will acquire Kinder Women's Hospital in Bengaluru for Rs 130 crore. This business transfer agreement involves acquiring the hospital's entire operations and assets. The acquisition strengthens Manipal Hospitals' position in a growing Bengaluru healthcare market. It will also expand access to their clinical expertise and capabilities for more patients. This move complements their existing healthcare ecosystem in the Whitefield micro-market.

As the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched in their positions related to the Strait of Hormuz. Following the collapse of the interim agreement, tensions have de-escalated, yet Iran demands the lifting of blockades and reparative actions, whereas the US persists with its economic pressure.

Pharma major Lupin Ltd announced receiving final USFDA approval for its generic Pitolisant tablets. These tablets are indicated for treating excessive daytime sleepiness in patients. The US health regulator approved strengths of 4.45 mg and 17.8 mg. Lupin's Pitolisant tablets are bioequivalent to Wakix, a prescription medicine. This approval marks a significant step for the company in the US market.

India plans a national sports medicine framework for preventive athlete care. This initiative aims to standardize injury protocols and link medical institutions. The government considers a phased rollout by 2028 for this new system. This framework will improve athlete availability and long-term career sustainability. The proposal supports India's potential 2036 Olympic Games bid.

Prime Minister Narendra Modi remembered former prime minister Atal Bihari Vajpayee. He called Vajpayee an extraordinary statesman with remarkable vision. Vajpayee dedicated his life to the service of the nation. His words and leadership inspired generations and strengthened the country. Focus on good governance and public welfare will continue to guide us.

Prime Minister Narendra Modi lauded President Droupadi Murmu's Independence Day address. Her inspiring words encouraged renewed determination for a developed India. The President highlighted comprehensive reforms for public examinations. She emphasized transparency and security in the examination system. Joint efforts are needed to safeguard students' present and future.

A terrorist responsible for a 1991 bomb blast was arrested in Anantnag. Altaf Hussain Sheikh evaded police for thirty-five years while living as a businessman. He was apprehended by Jammu Railway Police after an intensive manhunt. The accused was presented before the TADA Court for further legal proceedings. This arrest concludes a long pursuit by law enforcement officials.

Ukraine has intensified long-range drone and missile strikes deep inside Russia, targeting oil infrastructure, defence facilities and air defences as Kyiv seeks to shift the wars dynamics. The campaign has strengthened Zelenskyys standing with Trump but faces limits, including Russian counterattacks, air-defence shortages, costly operations and uncertainty over Putins willingness to negotiate.

Prime Minister Narendra Modi urged citizens to celebrate Independence Day with pride and glory. He encouraged everyone to take a pledge for a developed India and hoist the tricolour. NDA MPs and Union ministers greeted him with national flags and patriotic slogans. The parliamentary party meeting also included a presentation on water resource management.

Sun Pharma recalled eleven eyecare products after an eye specialists' body issued a safety alert. This alert warned about bacterial contamination found in certain batches of their Predmet eyedrop medicine. The All India Ophthalmological Society stressed patient safety due to potential serious ocular infection risks. Sun Pharma stated the recall was a precautionary measure while investigations continued. The company assured that other products were manufactured at different qualified sites.

The Cockroach Janta Party founder announced a nationwide campaign for rural schools. This initiative will begin on August 15, focusing on basic facilities. Parents are urged to conduct social audits of school infrastructure. Village leaders are challenged to improve their local educational institutions. The campaign aims to ensure equitable facilities for all students.

The Union Home Ministry has directed all states to follow the Flag Code. Awareness programs will be conducted regarding the national flag's display. Paper flags should not be discarded on the ground after events. The national flag must always occupy a position of honor. Damaged flags should not be displayed, and no other flag should be higher.

The Supreme Court declined a petition for mandatory student biometric attendance. Justices Narasimha and Aradhe directed the petitioner to approach the high court. This court was not inclined to entertain the plea filed under Article 32. The petitioner also sought limits on coaching hours and a code of conduct. The plea aimed to dismantle dummy educational institutions and curb misleading advertising.

Ladakh is set to embark on a groundbreaking initiative by launching India's first high-altitude wildlife safari focused on eco-tourism. This venture will feature guided jeep safaris along snow leopard and birdwatching trails. With the involvement of local communities, it aims to foster conservation and economic growth while tackling illegal off-roading and minimizing wildlife disruptions. Ultimately, this program positions Ladakh as a benchmark for community-led conservation efforts globally.

The world's fastest-growing Ebola outbreak is spreading faster than containment efforts. Health workers are striking over unpaid wages, worsening access to care in remote areas. New cases are doubling in some hot spots, overwhelming response capabilities. The United States has pledged an additional $242 million for immediate response efforts. Contact tracing is failing, contributing to a high fatality rate in the outbreak.

India's government is considering a national regulatory framework for dental implants. This action follows concerns raised about unregulated use and safety standards. The proposed framework will cover manufacturing, sale, and clinical application of these devices. It aims to ensure quality and patient safety across the country. Other nations have established similar rigorous testing and traceability requirements.

Defence Minister Rajnath Singh emphasized integrating military and civil ministry components. He highlighted the need for synergy to address evolving security challenges. Civilian officers' expertise in cyber tools could benefit defence forces significantly. Singh stressed cross-exposure and joint training for better decision-making. The minister urged the cadre to focus on research and innovative ideas.

The Lok Sabha passed a bill to increase Supreme Court judges without debate. Opposition members raised slogans against NEET paper leaks and temple donation theft. A statutory resolution denouncing the ordinance was rejected by a voice vote. After brief remarks, the bill was put to vote and subsequently cleared. The House was adjourned for the day after the bill's passage.

Activist Sonam Wangchuk urged supporters of the ongoing students' movement to remain peaceful. He expressed pain over reports of anti-social elements attempting to provoke violence elsewhere. Wangchuk stated that peace is his only way, and responses must be like flowers. His appeal followed a recent march where protesters faced police action and alleged harsh measures. The movement began on June 20, demanding accountability and reforms in competitive examinations.