The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December 2019, the surge is much steeper -- around 140 per cent, reports Sohini Das.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
Demand has also jumped from abroad, including the European Union and America.
Battling global adversity over the coronavirus and bracing for a World Health Organisation inquiry over its origin, China on Friday claimed that just because COVID-19 cases were first reported in Wuhan does not mean the contagion originated from the central Chinese city.
Addressing a press conference on measures taken during 21-days lockdown imposed from March 25 to contain the spread of Covid-19, MHA joint secretary Punya Salila Srivastva said the situation of essential goods and services is under control. To strengthen this situation, the home ministry has written to state governments that both inter-state and intra-state movement of trucks and goods carriers should be allowed during the 21-day countrywide lockdown announced by the central government irrespective of the cargo being essential or non-essential.
The role of Rhea's brother Showik and his purported links with the people nabbed by the NCB are under the scanner of the agency and he and Rajput's manager Samuel Miranda are expected to be summoned for questioning soon, the officials said.
Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.
'At a recent event, says Kishore Singh, almost everyone present lamented art being labelled as 'goods', and therefore the artist its 'manufacturer'.
They were identified as Makhan Singh Gill alias Amli and Davinder Singh alias Happy, both residents of Noorpur Jattan village in Hoshiarpur, Punjab Director General of Police Dinkar Gupta said.
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
Prem Murti Pandey bought 25 tonnes of onions, load them onto a truck and hit the road.
The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.
The Bombay high court on Wednesday refused to issue orders for registration of a first information report against Bharatiya Janata Party MP Sujay Vikhe Patil over allegations that he had illegally procured a large consignment of Remdesivir drug for his constituency Ahmednagar to improve his political image.
European countries are trying to woo back the Indian customers they had lost following seizure of drug consignments by Customs authorities of several European Union members.
India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.
Did Oli turn to India when he realised that China was backing unity of the Nepal Communist Party rather than the government led by his faction?
Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement.
Apart from the 1.1 crore doses of Covishield being procured from the Serum Institute of India, 55 lakh doses of indigenously developed Covaxin were being obtained from Bharat Biotech, Union Health Secretary Rajesh Bhushan said at a press conference.
The Election Commission is making sure that the winds of potential change cause no disruption in the counting process.
The detained Karachi-bound ship, laden with military hardware, ammunition and explosives, was brought to the Kolkata Port from Diamond Harbour for scrutiny on Sunday.
Express services provider DHL on Friday announced a tie-up with Malaysia-based air express operator Transmile, which will help it deliver consignments from south India to the US in just two days.
The Union health minister said a high-level expert group is going into all the aspects of vaccines and the health ministry is preparing a format in which states will submit lists of priority population groups.
'It is not a matter of fixing the military problem up there in the Himalayas and the retreat of the two militaries.' 'India has to find a way to correct the racist and very patronising views of India in the Chinese mind.'
About 2,000 Indians are living in Iran, a country that has witnessed increasing numbers of coronavirus cases in the last few days. According to latest reports, 237 people have died of the coronavirus infection in Iran while the number of positive cases stands at around 7,000.
A rise in the number of daily COVID-19 cases and mortality has been observed in Assam, West Bengal, Odisha, Bihar and Jharkhand, indicating the pandemic is moving eastwards, the Union health ministry said.
IMAGES from the English Premier League match played between Arsenal and Chelsea at Emirates Stadium in London on Sunday.
Following the arrest of a top terrorist who had made a video of National Security Advisor Ajit Doval's office, it has come to light that Pakistan-based terror outfit Jaish-e-Mohammad is planning a strike in Delhi, Jammu and Kashmir police chief Dilbag Singh said on Sunday.
Private traders had placed orders early this month with Egyptian suppliers at $320 a tonne
'Barriers have come across roads marking the end of Noida, the start of Gurgaon, the hard borders allowing no passage -- at least by day,' observes Kishore Singh.
Consign Technology on Wednesday launched its multi-platform application development tool for mobile, handheld and wireless devices.
Most of the Indian players will opt for their limited-overs jersey numbers.
A mysterious consignment of 10 AK-47 rifles along with telescopes landed here in a cargo plane three days ago and now security agencies are hot on trail of a man from Uttar Pradesh.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Rather than worry about what picture of India is being painted in the foreign media, the focus must be on marshalling all our energies to provide relief and solace to our deeply wounded and dispirited citizens, says former foreign secretary Shyam Saran.
Tata Motors' Pantnagar facility sent its first consignment of the world's cheapest car, Nano to Hyderabad.
In a tweet, India's Ambassador to China, Vikram Misri said the medical kits were dispatched early on Thursday from Guangzhou Airport in southern China. Over two million test kits being procured from China will be sent to India in the next 15 days, Misri told PTI in Beijing.
An Indian Air Force cargo of aircraft equipment to Moscow has been confiscated at the Helsinki airport by Finnish Customs after it was found without valid papers.
Hockey icon Balbir Singh Senior, who died at 96 after battling multiple health issues, was on Monday cremated in Chandigarh with full state honours, with Punjab Sports Minister Rana Gurmeet Singh Sodhi declaring that the Mohali stadium will be named after the legendary player. The mortal remains of the three-time Olympic gold medallist was consigned to flames at an electric crematorium here, with his maternal grandson Kabir performing the last rites in the presence of Sikh priests.
Amid the chanting of hymns, preceded by a gun salute and band played by the Assam Police, the state's longest serving chief minister's mortal remains were consigned to flames by his son Gaurav Gogoi.
India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Although exports of this medicine is completely banned, India has decided to export this anti-malarial drug in sync with its global commitment to deal with the coronavirus pandemic.
