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Indian cabinet approves India-UK cancer initiative

AN AGREEMENT between India and the UK on cancer research was approved by the Indian cabinet yesterday (7). 

The India-UK Cancer Research Initiative is a collaborative five-year bilateral research initiative by the DBT, India’s ministry of science and technology, and India and Cancer Research UK (CRUK) that will focus on affordable approaches to cancer.  


Signed on November 14 last year, the initiative will provide funding to develop research alliances.

Over five years, the total research funding for the initiative will be £10 million. 

Cancer Research UK’s (CRUK) share for such funding will be £5m. India’s department of biotechnology (DBT) will match such funding by £5m. 

Both CRUK and DBT will invest £5 m each in the five-year pilot, and seek further investment from other potential funding partners. 

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UK mortgage rates have climbed back to a three-year high, with the average five-year fixed mortgage rate reaching 6.00 per cent as almost all fixed-rate deals below 5 per cent disappear from the market.

Moneyfacts said the average five-year fixed rate reached 6 per cent on October 5, its highest level since September 27, 2023, when it stood at 6.03 per cent. The average two-year fixed rate has also risen to 5.98 per cent, its highest level since December 2023.

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