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Technology

AI enters the lab, transforming drug discovery

Artificial intelligence is beginning to transform the way scientists discover and develop new medicines. Researchers and pharmaceutical companies are now using AI tools to analyse large amounts of biological data and identify potential drug compounds much faster than traditional methods.

Developing a new drug has traditionally been a long and expensive process, often taking more than a decade and costing billions of dollars. Scientists must test thousands of chemical compounds before finding one that works safely in the human body. AI is helping shorten this early research stage by quickly analysing huge chemical databases and predicting which molecules could be effective against specific diseases.

New AI systems can study millions of chemical structures and protein targets in a short time, something that would take years using conventional laboratory screening. By identifying the most promising compounds early, researchers can focus their experiments on the best candidates and avoid unnecessary testing.

In some laboratories, AI is also being combined with robotics to create automated research environments. These “self-driving labs” can run experiments, study the results and plan the next set of tests without constant human intervention. This allows scientists to test more ideas quickly and explore complex chemical combinations that might otherwise be overlooked.

AI will not replace scientists but will act as a powerful tool to support their work. By handling massive datasets and complex calculations, AI allows researchers to focus more on designing experiments and understanding results.

Large pharmaceutical companies and biotechnology firms are investing heavily in AI technology to improve their research pipelines. The technology is being used not only to design new drug molecules but also to help identify disease targets and analyse clinical trial data.

Also Read: Jagsonpal Pharmaceuticals shares rise, board considers buyback

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Corporate

Jagsonpal Pharmaceuticals shares rise, board considers buyback

Shares of Jagsonpal Pharmaceuticals rose sharply after the company announced that its board will meet on March 12 to consider a proposal to buy back its equity shares. If approved, this would be the company’s first share buyback since it was listed.

The proposed buyback will involve fully paid equity shares with a face value of ₹2 each. Investors reacted positively to the announcement, pushing the company’s stock higher during trading as markets viewed the move as a sign of confidence from management.

A share buyback allows a company to repurchase its own shares from the market. This usually reduces the number of shares available publicly and can increase shareholder value by improving earnings per share. Companies often use buybacks when they believe their stock is undervalued.

The company has undertaken several corporate actions in the past. It issued bonus shares in a 3:1 ratio in 2004 and recently carried out a stock split in January 2025, reducing the face value of shares from ₹5 to ₹2. The company has also maintained regular dividend payouts.

In its latest financial results for the December 2025 quarter, the company reported a slight dip in performance. Net profit declined 8.4% to ₹12.49 crore, while revenue from operations fell 1.5% to ₹72.95 crore compared with the same period a year earlier.

Jagsonpal Pharmaceuticals is known for its presence in therapeutic segments such as gynaecology, orthopaedics, dermatology and paediatric medicines. According to the latest shareholding data, promoters held over 67% stake in the company as of December 2025.

Also Read: Strategy expands Bitcoin holdings with major purchase

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1 Minute-Read

Strategy expands Bitcoin holdings with major purchase

Strategy Inc. has added more Bitcoin to its balance sheet, continuing its aggressive investment strategy in the cryptocurrency market. The company recently purchased 17,994 bitcoins worth about $1.28 billion, at an average price of around $70,946 per coin.

With this latest purchase, the company’s total holdings have increased to about 738,731 bitcoins, making it the largest corporate holder of the cryptocurrency.

The firm has consistently treated bitcoin as a long-term treasury asset. Despite market volatility and criticism from some analysts, the company continues to accumulate bitcoin, betting on its long-term value and growing institutional acceptance.

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Beyond

Air India to add fuel surcharge as jet fuel costs rise

Air India has announced that it will introduce a fuel surcharge on flight tickets as rising aviation fuel prices push up airline operating costs. The surcharge comes amid global energy market volatility linked to tensions involving Iran in West Asia.

The airline said passengers booking domestic flights will have to pay an additional ₹399 fuel surcharge starting March 12. The same charge will also apply to flights to nearby South Asian destinations such as Nepal, Sri Lanka and Bangladesh.

For longer international routes, the surcharge will be higher. Flights to West Asia will see an additional charge of around $10, while routes to Southeast Asia and Africa will have surcharges ranging from $60 to $90, depending on the distance and route.

Air India said the move is necessary because of the sharp increase in aviation turbine fuel (ATF) prices in recent weeks. Fuel is one of the biggest expenses for airlines, and sudden price increases can significantly affect operating costs.

Global oil prices have been fluctuating due to the ongoing conflict in West Asia, which has raised concerns about energy supply and shipping routes. As a result, airlines are facing higher fuel bills and are adjusting ticket prices to manage the added costs.

The airline clarified that the surcharge will apply only to new tickets booked from March 12 onwards. Passengers who have already purchased tickets will not be affected unless they change their bookings or reissue their tickets.

Air India said it understands that the additional charge may affect travellers, but described it as a necessary step to offset rising fuel expenses and maintain operations.

Also Read: Reliance backs first new US oil refinery in 50 years

 

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Corporate

Reliance backs first new US oil refinery in 50 years

US President Donald Trump has announced plans to build a new oil refinery in Texas with investment support from Reliance Industries. The refinery, planned at the Port of Brownsville, could be the first new oil refinery built in the United States in nearly 50 years.

The project is expected to have a long-term economic impact of about $300 billion. It will be developed by a company called America First Refining, with financial backing from Reliance, India’s largest private sector company.

According to Trump, the refinery will strengthen the country’s energy sector and increase domestic fuel production. He also thanked India and Reliance for their participation in the project, describing it as a major step in boosting energy cooperation between the two countries.

The facility will mainly process US shale oil and is expected to increase the country’s refining capacity. Once operational, it could help meet domestic fuel demand and also support exports.

Officials say the project could create thousands of jobs during construction and operation while also bringing economic growth to South Texas.

The announcement comes at a time when global energy markets are facing uncertainty due to geopolitical tensions and supply concerns. Expanding refining capacity is seen as an important step toward strengthening energy security.

If completed, the refinery would mark a major development for the US energy industry and highlight growing business ties between American companies and Indian firms such as Reliance Industries.

Also Read: Reliance steps up LPG output to support domestic supply

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Beyond

Reliance steps up LPG output to support domestic supply

Reliance Industries plans to increase the production of liquefied petroleum gas (LPG) and divert natural gas from its KG-D6 fields to priority sectors in order to support India’s fuel supply. The move comes as global energy markets remain uncertain due to tensions in West Asia.

The company said it is working to maximise LPG output at its large refinery complex in Jamnagar, Gujarat. By optimising operations at the refinery, the company aims to ensure that adequate LPG is available for domestic use, especially for cooking gas supplies across the country.

At the same time, natural gas produced from the KG-D6 basin in the Bay of Bengal will be redirected to sectors that are considered essential. These include household LPG supply, compressed natural gas (CNG) used in vehicles, and piped natural gas connections for homes and businesses.

The decision follows government guidelines that prioritise these sectors when domestic gas supplies are tight. Authorities have been taking steps to ensure that households and critical services continue receiving fuel without disruption.

Energy markets have become volatile in recent weeks because of the ongoing conflict in West Asia, which has affected global fuel supplies and shipping routes. As India imports a significant amount of energy, any disruption in international markets can influence domestic availability.

Reliance said the steps are part of its efforts to support India’s energy security during a period of uncertainty.

Also Read: Gold at ₹1,62,390, Silver at ₹2,90,100

 

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Beyond

Gold at ₹1,62,390, Silver at ₹2,90,100

Gold and silver prices remained firm in the domestic market on March 11, supported by steady demand from investors looking for safe-haven assets. Global uncertainty and geopolitical tensions have increased interest in precious metals, which are often seen as a hedge during volatile times.

In the bullion market, gold prices edged up by ₹10 to ₹1,62,390 per 10 grams, while silver gained ₹100 to trade at ₹2,90,100 per kilogram. The small rise indicates that prices are holding steady even near record levels, with investors continuing to buy despite high valuations.

Across major cities such as Delhi, Mumbai, Chennai and Kolkata, gold prices remained largely similar. 24-carat gold was trading above ₹1.62 lakh per 10 grams, while 22-carat gold was priced around ₹1.48–1.49 lakh per 10 grams, excluding GST and making charges. Silver prices also stayed elevated, reflecting strong global demand and price movements in international markets.

The geopolitical tensions in West Asia, particularly involving Iran and the United States, have pushed investors toward safer investment options like gold and silver. When uncertainty rises in global markets, demand for bullion often increases as investors look to protect their wealth from market volatility.

It is noted that fluctuations in global economic indicators, currency movements, and inflation concerns are influencing bullion prices. These factors have contributed to price volatility in recent weeks, even as the broader trend remains supportive for precious metals.

Investment experts from Tata Mutual Fund recommend that investors avoid making large purchases at once and instead follow a staggered investment strategy.

Also Read: Sensex falls 500 points, Nifty dips below 24,000

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Corporate

Sensex falls 500 points, Nifty dips below 24,000

On Wednesday, the equity markets closed lower, reversing early gains as investors reacted cautiously to global developments. The BSE Sensex fell about 550 points, closing near 64,830, while the Nifty 50 slipped below 24,100. Early optimism, driven by hopes of easing geopolitical tensions, faded amid persistent selling and risk‑off sentiment.

Markets were influenced by ongoing geopolitical concerns, particularly the US-Iran conflict, which has created volatility in crude oil prices. Rising crude prices can impact inflation and economic growth, leading investors to adopt a cautious stance. Mixed global market cues and uncertainty over international economic indicators further weighed on sentiment.

Market weakness was broad-based. Banking, auto, FMCG, and IT sectors underperformed, pulling major indices lower. Mid-cap and small-cap stocks saw selective buying, while defensive and commodity-linked sectors, including metals, media, and infrastructure, showed some resilience.

Some stocks managed to hold ground or rise despite the overall market weakness. Adani Ports attracted buying interest amid positive sentiment in infrastructure and commodity-linked stocks. InterGlobe Aviation (IndiGo) saw gains on the back of strong travel demand. Wipro recovered some ground as investors rotated into tech stocks, while NTPC and Hindalco also recorded modest gains due to selective sectoral buying.

On the other hand, several key stocks fell sharply. Tata Consumer declined with the broader FMCG sector under pressure. Max Healthcare and JSW Steel lost value as defensive and cyclical sectors faced selling. SBI Life Insurance and Axis Bank were among the financial sector stocks that weakened, reflecting cautious investor sentiment amid global uncertainty and crude oil price volatility.

The foreign selling continued to weigh on the market, while global factors such as geopolitical tensions and rising energy prices kept investors cautious.

Also Read: Indonesia signs BrahMos deal with India

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Corporate

BARC India, Nielsen launch tool to measure ads across TV and digital

The Indian advertising industry has a new way to see how ads perform across TV and digital platforms, thanks to a joint effort by BARC India and Nielsen. The new solution, called BARC | Nielsen ONE Ads, was launched on March 9 and promises to give advertisers a clear view of their campaigns’ reach across different screens.

With audiences now watching content on television, streaming platforms, mobile phones, and desktops, it has been hard for brands to know exactly how many people saw their ads. The new tool combines BARC’s TV viewership data with Nielsen’s digital insights to provide a single, deduplicated measurement. This means advertisers won’t accidentally count the same viewer twice when they switch screens.

JioHotstar was the first platform to use the tool during the ICC Men’s T20 World Cup 2026, giving brands real-time insights into how their ads performed across TV and digital. The platform’s use of the system shows how cross-screen measurement can work in practice and help advertisers optimise campaigns.

BARC India CEO Nakul Chopra said the launch is a “defining moment for cross-media advertising in India.” He explained that brands can now understand their true reach and impact across all platforms, which will help them make better decisions about where to place ads.

Nielsen’s Chief Product Officer Akhil Parekh added that the tool solves a long-standing problem: brands no longer need to piece together data from separate TV and digital sources. Instead, they can see a complete picture of how their campaigns are performing.

It is believed that the system could transform how media budgets are planned and spent, helping advertisers choose the right mix of TV and digital. Wider adoption by broadcasters and streaming platforms will be key for it to become a standard in India.

Also Read: Indonesia signs BrahMos deal with India

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1 Minute-Read

Mumbai founder says AI can slow some tasks

A Mumbai entrepreneur has sparked a debate about how artificial intelligence affects work. Mustafa Yusuf shared that some simple tasks that used to take 30 minutes now take two hours with AI.

At the same time, more complicated tasks that once took hours can now be done in about 30 minutes. He called this the “AI productivity paradox,” showing that AI doesn’t always save time.

Many people online agreed, saying AI’s usefulness depends on the type of work, speeding up some tasks but slowing down others when extra editing or corrections are needed.