AMLX Stock Clocks Best Day Ever After Positive Trial Data, Launches $350M Offering

The capital raise comes as Amylyx prepares to move from clinical success toward potential commercialization, following the positive trial data for avexitide announced earlier today. AMLX’s Tuesday rally followed positive topline data from the late-stage LUCIDITY study of avexitide, a once-daily injection for post-bariatric hypoglycemia. H.C. Wainwright raised its price target on Amylyx to $55 … Read more

India reaffirms support for Palestine, two-state solution amid Gaza crisis

During a visit to Ramallah, MEA Secretary Sripriya Ranganathan reaffirmed India’s support for the Palestinian people and a two-state solution. Talks with Palestine’s Foreign Minister focused on the Gaza crisis and India’s development partnership. High-Level Talks in Ramallah India reaffirmed its consistent support for the Palestinian people and a negotiated two-state solution for the region … Read more

Maha FDA to take strict action against eateries near schools: Mundhe

Maharashtra FDA Commissioner Tukaram Mundhe has announced a ‘mission mode’ crackdown on eateries near educational institutions for violating laws, promising a ‘major impact’ within 8-10 days following high-level meetings. Maharashtra Food and Drug Administration (FDA) Commissioner Tukaram Mundhe on Tuesday said strict action would be taken against violations of law at eateries operating near educational … Read more

Jai Ram Thakur slams Sukhu govt for plan to cut IAS, IPS officers

Former HP CM Jai Ram Thakur slammed CM Sukhvinder Singh Sukhu’s proposal to reduce IAS/IPS officers, alleging the govt refuses new officers while extending the tenure of ‘corrupt’ ones. He also criticised expenditure on political appointees. Former Himachal Pradesh Chief Minister and Leader of Opposition Jai Ram Thakur on Tuesday criticised Chief Minister Sukhvinder Singh … Read more

Delhi Jal Board corruption: Satyendar Jain, 5 others arrested by ACB

Delhi’s Anti-Corruption Branch (ACB) arrested six individuals, including former minister Satyendar Kumar Jain, in a corruption case linked to Delhi Jal Board (DJB) tenders. The accused allegedly manipulated the tender process for STPs. The Anti-Corruption Branch (ACB) of the Delhi government on Tuesday arrested six persons, including former Delhi Water Minister Satyendar Kumar Jain, in … Read more

Nithin Raj case: Chandrasekhar slams Kerala govt for shielding cop

BJP Keralam president Rajeev Chandrasekhar accused the Congress-led state government of shielding a senior police officer in the Nithin Raj death case, citing the Kerala High Court’s criticism of the government’s alleged hypocrisy and inaction. BJP Keralam president and MLA Rajeev Chandrasekhar on Tuesday alleged that the state government was shielding a senior police officer … Read more

Delhi LG approves major overhaul of development committees framework

Delhi LG Taranjit Singh Sandhu approved the revision of the Apex Committee and DDCs. The overhaul expands the DDCs from nine to 13 and inducts the PWD Principal Secretary into the Apex Committee to improve inter-agency coordination and project execution. Delhi Lieutenant Governor, Taranjit Singh Sandhu, has approved the proposal for the comprehensive revision and … Read more

Chinese Tech Giants Pivot Away From Gaming To Fuel Artificial Intelligence Race

Alibaba, ByteDance, and Tencent are shedding noncore gaming and retail holdings to concentrate capital on data infrastructure and artificial general intelligence. Chinese tech leaders are divesting peripheral holdings—such as Alibaba’s gaming developer Lingxi Games and ByteDance’s Shanghai Moonton—to fund their AI ambitions.  Massive capital is being redirected from legacy consumer and entertainment ventures into data … Read more

ICRA: Manufacturing growth to dip to 6% in Q1 FY27 on rising costs

ICRA forecasts India’s manufacturing growth will slow to a near two-year low of 6% in Q1 FY27, from 7.3%. This is due to rising raw material costs from West Asia tensions, which have eroded company profits despite increased production volumes. India’s manufacturing growth is expected to slow to a nearly two-year low of around 6 … Read more