Latest news with #Raman
News18
21 hours ago
- Business
- News18
Higher US tariffs may trim GDP growth by 30 bps: Barclays
New Delhi, Jul 31 (PTI) The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates. This is sharply higher than both the pre 'liberation day' tariff rate of 2.7 per cent and the 90-day pause tariff rate of 11.6 per cent. In contrast, India's import tariff on US goods is lower, at 11.6 per cent in trade-weighted terms. Barclays said that given the relatively closed nature of the Indian economy, wherein domestic demand is the mainstay of growth. 'We do not see this 25 per cent tariff threat impacting GDP growth meaningfully, pegging the likely impact at 30 bp. We expect final tariffs on India to settle in lower than the announced 25 per cent, as India and the US continue with trade deal talks," it said. Indian economy is projected to grow at 6.5 per cent by the Reserve Bank– same as last fiscal, while the International Monetary Fund (IMF) and Asian Development Bank (ADB) peg growth at 6.4 per cent and 6.5 per cent respectively. At 25 per cent, tariffs on India are higher than EM Asian peers, but Barclays expect final tariffs to settle lower as trade deal talks progress. 'Pharmaceuticals, gems, and textiles are key sectors that are likely to be hit. A point of contention is market access to the key agricultural and dairy sector, which India has historically been reluctant to grant," Raman said. Barclays further said, 'India is already diversifying its sources of oil supply. Should the additional 'penalty' threat materialise, we expect Indian refiners to pivot towards alternate suppliers, especially as the discount on imports of Russian oil has already narrowed." To diversify its export base, the Indian administration is showcasing a renewed zeal to ink free-trade agreements with other countries and regions. 'Amid heightened global trade policy uncertainty, having a pipeline of such bilateral trade agreements is a prudent policy choice," Barclays said. India has recently inked an FTA with the US and the EFTA bloc, and it is negotiating with a number of countries, including the European Union, Oman and New Zealand. The US is India's largest trading partner, accounting for 18 per cent of India's total merchandise exports in 2024. India's USD 80 billion merchandise exports to the US are distributed in sectors which also form India's overall major exports. India's top exports to the US, electrical machinery (USD 12 billion, including smartphones), and gems and jewellery (USD 9 billion) now face tariff increases of just over 24 percentage points, compared with levels before April 2. On the rupee, Barclays said that although more pain is expected in the near term, the drop in INR vis-à-vis USD still looks overdone. The INR, which had already been under pressure over recent weeks, fell sharply on the tariff news, hitting a low weaker than 87.50 versus USD. 'We think the rupee is looking oversold in the short term. Clearly, USDINR has bounced more than anticipated, but we think the February high of just under 88.0 remains a strong resistance level," Barclays said. PTI JD DR DR view comments First Published: July 31, 2025, 12:30 IST News agency-feeds Higher US tariffs may trim GDP growth by 30 bps: Barclays Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Wire
a day ago
- Business
- Business Wire
Raman Bhaumik and TSP Launch New Provider Portal to Streamline Compounded Prescription Ordering and Compliance
PLANO, Texas--(BUSINESS WIRE)-- Texas Star Pharmacy (TSP), in partnership with SiCompounding, has announced the official launch of the Texas Star Provider Portal, a next-generation digital platform developed under the leadership of Raman Bhaumik. Purpose-built for physicians, clinics, IV infusion centers, and internal pharmacy teams, the cutting-edge portal is designed to simplify the ordering, tracking, and compliance processes associated with compounded prescriptions. The newly released Provider Portal significantly enhances the operational efficiency of prescription fulfillment by replacing outdated manual workflows with a secure, technology-driven solution. Core features include a HIPAA-compliant prescription submission system, real-time order tracking, integrated compliance checkpoints, secure messaging for prescription clarifications, and streamlined payment processing. 'We recognized the urgent need to eliminate inefficiencies and compliance risks in compounded medication ordering,' said Raman Bhaumik, Chief People Officer. 'The Provider Portal is a direct response to those needs. It's designed to give providers the transparency, speed, and accuracy they deserve while safeguarding patient safety and meeting all state and federal regulations.' The benefits have proved immediately evident for healthcare providers. By reducing the administrative burden and eliminating common prescription errors, the portal allows clinicians to focus more on patient care. The platform also enhances communication between providers and pharmacists, reducing time-consuming back-and-forth phone calls and ensuring all parties are aligned on medication protocols and delivery timelines. Built with scalability and adaptability in mind, the portal leverages real-time dashboards and integrates with leading pharmacy management systems. It is accessible via desktop and mobile platforms, offering 24/7 availability for busy healthcare professionals. Additionally, continuous improvements are underway, with beta testing currently live and operational at Texas Star Pharmacy locations. With this launch, Texas Star Pharmacy reaffirms its commitment to innovation, patient-centric care, and healthcare provider support. This initiative reflects the pharmacy's broader mission to use technology as a bridge between modern medical practice and precision compounding. Raman Bhaumik is a respected healthcare executive and visionary leader with extensive expertise in pharmacy management and operational efficiency. A licensed pharmacist across multiple states, she has completed advanced leadership training and brings a global approach to strategic planning. As the owner of Texas Star Pharmacy, Raman's dedication to process improvement has driven her business to success. She is passionate about mentoring future healthcare professionals and actively supports the next generation of pharmacists. Texas Star Pharmacy, based in Plano, TX, specializes in customized compounding solutions and personalized patient care. The pharmacy's innovative approach ensures that every patient receives tailored healthcare solutions while maintaining competitive costs. For more information about Texas Star Pharmacy, visit To learn more about SiCompounding, visit
Yahoo
2 days ago
- Sport
- Yahoo
Mavericks blockbuster trade proposal lands them Heat All-Star
There still remains quite a bit of time before the opening tip begins the 2025-26 NBA season, but the speculation of trades in sports never sleeps as we all know. And especially the chances of a surprise trade shaking the entire league still looms throughout the season, something the Dallas Mavericks should know all about after what happened just after midnight on February 1 this past season. And now, if the team plays their cards right with the Miami Heat and Atlanta Hawks, they could have a "Big 4" on their hands once Kyrie Irving returns. Rohan Raman of Atlanta Hawks On SI proposed a three-way trade between the teams that would result in the Heat landing Mavs guard Klay Thompson and PJ Washington and Dallas would end up with All-Star Heat guard Tyler Herro and a second-round pick in the 2031 NBA Draft, and would also send out Dwight Powell to the Hawks. Raman believes that the Heat would go through with the deal due to Thompson's shooting ability still going strong despite the former "Splash Brother" being in the latter stages in his career. Why would the Mavericks accept the deal? Raman writes "that there should be little doubt in his (Herro's) abilities to be the third piece on a Finals team. He had the best season of his career in 2024-25, averaging 23.9 points, 5.5 assists and 5.2 rebounds on 47.2/37.5/87.8 shooting splits. He's easily capable of holding things down for Dallas in Irving's absence while also being able to complement Cooper Flagg for the long haul since he's only 25 years old." The main reason Dallas wouldn't go through with it? Herro isn't the strongest defender, and neither is Kyrie Irving, so the team might be a little bit skeptical of pair the two together, but the remainder of the starting five, especially with Cooper Flagg now on board, should make up for the two guards' shady defense.
News18
3 days ago
- Sport
- News18
Should Jasprit Bumrah Be Part Of India's XI In 5th Test? 'We Don't Want Him...'
Jasprit Bumrah is injury prone and recent history suggests that he be handled carefully to avoid him being sidelined for another significant period. The Anderson-Tendulkar Trophy is set for a tasty finale with England leading 2-1 and India desperate for a win to end the tour on level terms and defy the pre-series predictions. The fifth and final Test starts from Thursday and the biggest question that India face is whether they stick to their original plan of playing Jasprit Bumrah for three Tests. The pace spearhead has already completed his quota for the tour, but the team may be tempted to include for another game given they are in a must-win situation to avoid series defeat. The 31-year-old played in all five Tests of the Australia tour and suffered a back injury which pushed him out of action for nearly two months. He ended up missing the ICC Champions Trophy. Former India cricketer WV Raman says the team management needs to be cautious and only Bumrah can tell how much load his body can take. 'See, people must understand one thing: when a fast bowler comes back after a gap, and also if the gap has been created by injury, it will take some time even for the bowler to know how much workload he can take," Raman told Hindustan Times. 'In a Test match or in a space of four weeks, in a space of six weeks, whatever the time duration may be, that is likely to play. It will take some time even for the bowler to understand or to realise how much workload he can take." 'So, I think in the case of Bumrah, it will all depend on what his body can stand. We don't want him to break down for a longer period again because he tends to do too much work," he added. Raman sympathised with fast bowler Anshul Kamboj who returned bowling figures of 1/89 on Test debut in Manchester. Raman feels that the rookie pacer was unlucky for having to deal with a flat surface on which plenty of runs were scored See, the thing is, it's very unfortunate. It has been a fantastic wicket. Now, let's face it, India has got a huge total in the fourth innings, which means the pitch is obviously really good for batting. And Anshul Kamboj obviously has perhaps been unfortunate in that. He's been sort of given a break on an absolute flat track. And I think, see, let's face it, no cricketer is good only for one game," Raman said. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
3 days ago
- Science
- Time of India
‘Name Trichy international airport after C V Raman'
Trichy: The Consumer Protection Council, Tamil Nadu, has written to Prime Minister Narendra Modi urging him to name the Trichy international airport after Nobel laureate and physicist C V Raman. The council has also appealed for the conversion of his ancestral house at Thiruvanaikoil into a science museum and installation of his statue near the Cauvery bridge that leads to Thiruvanaikoil. The council said there is no memorial in Tamil Nadu to honour Raman's contributions. "The house where he was born remains more or less in the same shape," it said and added that the museum would inspire future generations to pursue science and take pride in Raman's achievements.
