Biosimilars: not so familiar

Market penetration of Indian biosimilar drugs in domestic and international markets is an issue of concern. India leads in pharmaceutical exports but lags in biosimilars. Industry insiders say, Indian market has a huge scope for biosimilars but issues with the development, manufacturing, registration, and more pose threats to it. Chitta Ranjan Padhi, engineer at Dr. Reddy’s […]

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Homegrown wines winning!

The Karnataka government is actively engaged  in encouraging wine culture in the state. Programme called WEAT organised  to increase wine culture annually. Bengaluru; Business for Indian wineries is booming, while imported wines face heavy cess. Data from the Ministry of Commerce and Trade shows a decline in wine imports since 2019. Data from Karnataka State […]

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Food truck owners wait for licenses

Food truck owners in Bengaluru are facing losses as well as trouble in getting proper licenses. Bengaluru: Despite the fact that the number of food trucks has decreased significantly, food truck owners continue to have trouble acquiring a license.  The number of food trucks in Bengaluru fell from 48 to five after the lockdown, said […]

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Indian artists hop on the NFT bandwagon

Introduction of Indian NFT marketplaces has benefitted many digital creators. The Indian Non-Fungible Tokens (NFT) marketplace has given more visibility and is a profitable venture for many Indian digital artists. Ketan Chandrekar, a freelance digital artist who used to make banners and posters used to earn Rs. 6000 a month, but after introduction of Indian […]

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MSME inclusion of street vendors does no good

Street vendors cannot access bank loans despite their inclusion in MSMEs. Urban street vendors now fall under the ambit of Ministry of Micro, Small, and Medium Enterprise (MSME) but  they are unable to get loans because they fail to meet the eligibility criteria. Vijaylaxmi, a street vendor at Krishna Rajendra (K.R.) Market said that she […]

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It’s the eye, not the lip anymore

The cosmetic industry’s post-Covid slump continues, although there is a shift in customers’ attitudes. In 2020, India’s lip makeup market sales declined by 2.18 percent. Majority of the cosmetic brands in India have recorded losses. The Body Shop reported their net income in negative figures in 2020 which was Rs. 650.2 million. Sugar cosmetics recorded […]

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