Indian pharmaceutical giant Lupin has secured approval from the United States Food and Drug Administration (USFDA) for its generic Risperidone injection, a widely used treatment for schizophrenia and bipolar disorder. The approval allows Lupin to market the injectable formulation in the U.S., one of the world’s largest pharmaceutical markets. This regulatory milestone strengthens Lupin’s central nervous system (CNS) portfolio, expands its footprint in high-value generics, and demonstrates its capability to meet stringent international compliance standards.

Mumbai-based Arkade Developers has secured a prime land parcel in the city for Rs. 148 crore, marking a significant addition to its real estate portfolio. The acquisition highlights the company’s continued expansion in India’s most competitive property market, where land availability is limited and demand remains consistently high. Positioned to cater to both residential and commercial projects, the newly acquired site underscores Arkade’s strategy of strengthening its footprint in metropolitan hubs.

The Indian Hotels Company Limited (IHCL), part of the Tata Group and a leading name in the hospitality industry, has announced the opening of a new property under its Gateway brand in Dwarka, New Delhi. Positioned as a modern and upscale offering, the hotel is expected to enhance the city’s growing hospitality landscape. Strategically located near the airport and major business districts, the hotel aims to cater to both business and leisure travelers.

Crude oil futures declined in domestic and international markets as traders adopted a cautious stance ahead of the upcoming OPEC+ meeting. Anticipation over potential production adjustments and geopolitical developments influenced market sentiment, prompting investors to reassess positions. Analysts highlighted that concerns over global demand growth, coupled with inventory data from key consuming nations, contributed to the softening trend.

The Indian rupee gained ground against the U.S. dollar, reflecting improved trade flows and easing investor concerns over global economic uncertainty. Analysts attribute the recovery to higher export earnings, stable foreign portfolio inflows, and resilient domestic macroeconomic indicators. The currency’s rebound provides relief to importers and helps moderate inflationary pressures from external commodities. Market participants remain cautious, noting that future movement will be influenced by global interest rate trends, crude oil prices, and geopolitical developments.

Anlon Healthcare’s initial public offering (IPO) made a subdued debut on the stock market, reflecting cautious investor sentiment amid prevailing market volatility. Shares opened slightly above the issue price but showed limited upward momentum, signaling a muted response from both retail and institutional participants. Analysts suggest that while the company has a solid operational foundation in the healthcare sector, broader market conditions and investor preference for more liquid or high-growth stocks may have tempered demand.

The latest GST Council meeting convened to discuss critical reforms in India’s indirect tax framework, emphasizing rate rationalization, revenue protection measures, and sector-specific support for the textile and distribution segments (TDP). Policymakers examined strategies to streamline tax slabs, address compliance challenges, and mitigate revenue shortfalls amid evolving economic conditions. The discussions also highlighted targeted interventions for vulnerable sectors, balancing fiscal prudence with growth promotion.

Aluminium futures witnessed a decline in domestic markets as subdued industrial demand weighed on prices. Traders reported that sluggish consumption from key sectors, coupled with muted buying activity, has exerted downward pressure on the metal. Global cues also contributed to the softening trend, as international prices remained under strain due to concerns over economic growth and fluctuating energy costs.

Renewable energy firm KP Group has announced plans to establish a green ammonia facility in India, marking a significant step toward advancing the nation’s clean energy ambitions. The project will harness renewable power to produce ammonia, a critical industrial input increasingly viewed as a viable energy carrier for the future. With global demand for sustainable fuels rising and India targeting net-zero emissions by 2070, KP Group’s investment underscores the growing role of private players in accelerating the energy transition.

Maruti Suzuki has officially launched its new SUV, the Victoris, adding fresh momentum to India’s increasingly competitive sport utility vehicle segment. Positioned to attract both urban and semi-urban buyers, the Victoris combines a bold exterior design with advanced technology, safety features, and fuel-efficient powertrains. With the SUV market witnessing record demand, the company aims to capture a larger share of this fast-growing category while strengthening its leadership in passenger vehicles.