The move aims to address the financial viability of manufacturing these drugs without compromising the mandate to provide affordable medication. NPPA's primary objective is to ensure that essential medicines are available at reasonable prices.
The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities highlights that Chinese hot-rolled coil (HRC) steel prices have gone up in September 2024, giving an edge to Indian steel companies.
Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companies is expected in the coming months says a report by Centrum.
Ahead of the release of Telugu film 'Devara: Part 1', starring Jr NTR, Janhvi Kapoor, and Saif Ali Khan, the Andhra Pradesh government issued a notice approving a temporary hike in ticket prices and the screening of special shows within the state.
"We believe price hikes may have to be rolled back by month-end due to weak demand. Even so, demand is likely to pick up from Q3FY25, which should support prices somewhat," says the Nuvama report.
The Peshawar district administration in Pakistan's Khyber Pakhtunkhwa has recently implemented a significant price increase for essential dairy products
On the 65th establishment day of the Indian Oil Corporations (IOC) foundation day, Union minister of Petroleum and Natural GAS lauded the role of IOC. Puri said IOC not only kept a check on domestic prices of petrol and diesel amid global fuel price hike but also ensures supply of Aviation T
The revenue growth of auto dealers is expected to slow to 7-9 per cent this financial year after a healthy 14 per cent last year, due to a moderation in sales volume growth and modest price hikes by car manufacturers, asserted Crisil Ratings.
A significant suspension of gas supply has affected five districts in Balochistan, including Quetta, leading to widespread disruptions, reported ARY News.
The uncontrollable inflation in Pakistan is now severely affecting the daily lives of people, and essential food items, including vegetables and pulses, have become inaccessible to middle-class people.
Congress leader Anil Chaudhary, accompanied by party workers, led a protest on Wednesday against the Delhi government, citing concerns including the recent increase in electricity prices.