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"Factually incorrect", "entirely baseless": India rejects NATO chief Mark
Updated : 7 months, 3 weeks ago IST
India rejected NATO Secretary-General Mark Rutte's claim that PM Modi spoke to Russian President Putin after US tariffs, calling it "factually incorrect and entirely baseless." The MEA said no such talks occurred, urged NATO to act responsibly, and reaffirmed India's right to safeguard na
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Shimla patients get relief as new GST reforms reduce medicine prices by up
Updated : 7 months, 3 weeks ago IST
The Pharmaceutical companies and chemists in Shimla have begun implementing the revised GST night tariff on medicines, bringing much-needed relief to patients and the poor.
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"BJP's failure that our businesses, trade and nation suffering": Akhilesh
Updated : 7 months, 3 weeks ago IST
Samajwadi Party chief Akhilesh Yadav on Friday termed Bharatiya Janata Party's foreign policy a "failure", blaming the government for the "suffering" of India's businesses and trade due to the tariffs imposed by the US.
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Up to 30% tax savings from GST 2.0 for households across India: FICCI
Updated : 7 months, 3 weeks ago IST
Indian households are set to benefit from tax savings of up to 27 to 30 per cent under the new GST 2.0 regime, according to a report released by the Federation of Indian Chambers of Commerce and Industry's Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (FICC
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European drugmakers to bear brunt of new U.S. tariffs, India less exposed:
Updated : 7 months, 3 weeks ago IST
European countries are expected to face the most immediate and severe impact from the new U.S. tariffs on imported branded or patented pharmaceutical products, while India may remain less affected for now, according to a press release by the Global Trade Research Initiative (GTRI).
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"Trump making decisions for his own country, we have to make for ours": Aj
Updated : 7 months, 3 weeks ago IST
Speaking to reporters here, Pawar stated that it was India's responsibility to respond to decisions concerning the country in a dignified manner and to solely increase the use of swadeshi goods.
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100% US tariffs on branded pharma imports not likely to affect Indian gene
Updated : 7 months, 3 weeks ago IST
India's pharmaceutical exports are not expected to face a major impact following the recent announcement of a 100 per cent tariff on branded and patented pharmaceutical products by the US, said Sudarshan Jain, General Secretary of the Indian Pharmaceutical Alliance (IPA).
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Americans will be impacted first: Hiranandani on Trump announcing 100% pha
Updated : 7 months, 3 weeks ago IST
Americans will be the first to be affected, said Niranjan Hiranandani, Founder and Chairman of the Hiranandani Group on Friday, in response to U.S. President Donald J. Trump's announcement of a 100 per cent tariff on branded and patented pharmaceutical products.
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Trump declares 100% tariff on pharma; not applicable to generic medicines,
Updated : 7 months, 3 weeks ago IST
Chairperson of the topmost Pharmaceutical company, Pharmexcil, which earns 40 - 50 per cent of its total revenues from the American market also said, "Generic drugs are not impacted".
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Sensex, Nifty open in red; Pharma stocks fall up to 4% as Trump imposes 10
Updated : 7 months, 3 weeks ago IST
The Sensex and Nifty opened in red on Friday as the Nifty 50 extended its losing streak, slipping below key levels for the fifth consecutive session. The index has already given up more than half of the 1,000-point rally it had witnessed since the August 29 lows.
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Trump's 100% tariff on patented drugs puts spotlight on India's USD 30 bil
Updated : 7 months, 3 weeks ago IST
The Indian pharmaceutical sector supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicines in the UK. According to a government release, drug and pharmaceutical exports increased by 6.94 per cent from USD 2.35
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Trump "loves tariffs, labels himself a tariff man" since his first term: A
Updated : 7 months, 3 weeks ago IST
Speaking to ANI, Associate Professor Paul Poast of the University of Chicago said, "US President Donald Trump loves tariffs. Going back to his first term, he labelled himself a tariff man. Going into this term, throughout the campaign, he kept bringing up tariffs as a policy that he was g
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