News for 'drug money'

'Turbaned Tornado' Fauja Singh laid to rest in Jalandhar

'Turbaned Tornado' Fauja Singh laid to rest in Jalandhar

Rediff.com21 Jul 2025

The last rites of marathon legend Fauja Singh were held in Jalandhar on Sunday following his tragic death in a road accident on July 14.

Pre-tariff rush to US lifts exports by 7% in July

Pre-tariff rush to US lifts exports by 7% in July

Rediff.com15 Aug 2025

India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.

Trump Is Winning Tariff War Hands Down

Trump Is Winning Tariff War Hands Down

Rediff.com18 Aug 2025

Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.

How US toughened trade terms with India

How US toughened trade terms with India

Rediff.com7 Aug 2025

From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).

CBI brings back 'meow meow' kingpin from UAE

CBI brings back 'meow meow' kingpin from UAE

Rediff.com11 Jul 2025

An alleged synthetic narcotics producer, Kubbawala Mustafa, wanted on an Interpol Red Notice, was deported to India from the UAE in an operation coordinated by the CBI and Mumbai police.

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

Indian pharma firms not copying products of Swiss cos: Goyal

Indian pharma firms not copying products of Swiss cos: Goyal

Rediff.com10 Jun 2025

Dismissing allegations that Indian phacosrmaceutical companies copy products of Swiss firms, Commerce and Industry Minister Piyush Goyal on Tuesday said it is a long-standing myth and India respects intellectual property rights and never steals technology from others. He said that Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patents or copyrighted technology.

India, US Push To Futureproof Trade Ties

India, US Push To Futureproof Trade Ties

Rediff.com29 Jul 2025

India is seeking either an exemption or a longer timeline on the pharmaceutical tariffs, expected to kick in by July 31.

Gravity of charges hinder efforts to save Nimisha Priya from execution

Gravity of charges hinder efforts to save Nimisha Priya from execution

Rediff.com13 Jul 2025

The gravity of charges against Indian nurse Nimisha Priya, who has been sentenced to death by a Yemeni court after being convicted of murdering a citizen of the country, has made it difficult for the efforts to seek relief for her to succeed, sources said.

Shortcuts Won't Build Industrial Capability

Shortcuts Won't Build Industrial Capability

Rediff.com28 Jul 2025

Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.

Cipla Q4 profit up 30% at Rs 1,222 cr

Cipla Q4 profit up 30% at Rs 1,222 cr

Rediff.com14 May 2025

Drug major Cipla on Tuesday said its consolidated net profit increased 30 per cent to Rs 1,222 crore in the fourth quarter ended March 31, 2025. The Mumbai-based drug firm had reported a consolidated net profit of Rs 939 crore for the January-March period a year ago.

'While Others Experimented With Drugs, I Was In Love'

'While Others Experimented With Drugs, I Was In Love'

Rediff.com11 Oct 2024

When you are in love, you are preoccupied just with that.' 'Nothing else registers. It's like being drugged.'

Andhra CM compares Jagan to 'drug lord Pablo Escobar'

Andhra CM compares Jagan to 'drug lord Pablo Escobar'

Rediff.com26 Jul 2024

Naidu claimed that he never saw such a situation like how it was when Reddy, the YSRCP chief, ruled during the past five years.

'Ready To Launch 5 products In 18 Months'

'Ready To Launch 5 products In 18 Months'

Rediff.com5 Jun 2025

'We recently launched Yesintek in the immunology space.'

Weak guidance may hit Sun Pharma in FY26

Weak guidance may hit Sun Pharma in FY26

Rediff.com1 Jun 2025

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.

'Medicines are just one part of the solution'

'Medicines are just one part of the solution'

Rediff.com21 May 2025

'We are looking at what kind of products, diagnostics or other solutions we can offer to become a well-rounded player in a particular disease area globally.'

India hasn't accepted UK 'data exclusivity' demand in FTA

India hasn't accepted UK 'data exclusivity' demand in FTA

Rediff.com12 May 2025

India has not accepted the demand of the UK for inclusion of a 'data exclusivity' provision in the free trade agreement, announced on May 6, in a bid to protect the interests of the domestic generic drugs industry, an official said. During the negotiations, the UK had asked to include this provision in the trade pact.

Money from drugs trade returns to Pak for terror activities in J-K: DGP

Money from drugs trade returns to Pak for terror activities in J-K: DGP

Rediff.com5 Mar 2023

Singh's comment comes close on the heels of a large stockpile of drugs, cash and weapons being recovered near the Line of Control in Jammu and Kashmir's Poonch.

India's share in US imports increasing in electronics, agri, textiles: Official

India's share in US imports increasing in electronics, agri, textiles: Official

Rediff.com22 Jul 2025

The restructuring of tariffs by the US has led to a shift in the list of key product suppliers to the American market, with India emerging as one of the beneficiaries at the expense of China and Canada, an official said on Monday. As per an analysis, India's share in the USA's electronics exports has increased to 7.2 per cent to 3.5 per cent year-on-year in May, while China's share dipped to 11 per cent from 22 per cent during the same period.

Roland Garros just got richer

Roland Garros just got richer

Rediff.com22 May 2025

The French Open is elevating its total purse at Roland Garros to about $63.7 million, an increase of 5.21 percent compared to last year.

'Trump Is Frustrated'

'Trump Is Frustrated'

Rediff.com4 Aug 2025

'What India has done will surely embolden more countries to stand up to Trump.'

The Turbaned Tornado: Fauja Singh's Inspiring Life

The Turbaned Tornado: Fauja Singh's Inspiring Life

Rediff.com15 Jul 2025

Overwhelmed by the loss of his youngest son in the 1990s, Fauja Singh found solace in running with a local club in Essex after moving out of India following the death of his wife and daughter.

Pharma cos okay with QR codes to combat counterfeit drugs

Pharma cos okay with QR codes to combat counterfeit drugs

Rediff.com19 Jul 2024

As the Drugs Controller General of India (DCGI) is set to crack down on companies to ensure compliance with printing QR codes on top-selling brands to curb counterfeiting, top pharma companies say they welcome the regulator's mandate and that they are on track. They also view it as a positive step to ensure patient safety. Sheetal Arora, CEO of Mankind Pharmaceuticals, which has already adopted QR codes in 20 of their products, stated: "We strongly advocate for mandatory implementation of barcodes and QR codes on medicines as this initiative will not only protect patients but also strengthen the integrity of our healthcare system by reducing circulation of counterfeit drugs."

Trump slaps 25% tariff on India from Aug 1

Trump slaps 25% tariff on India from Aug 1

Rediff.com30 Jul 2025

US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.

The side effects are real, but Sun Pharma stays on its feet

The side effects are real, but Sun Pharma stays on its feet

Rediff.com21 Apr 2025

After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.

India's June exports shrink but shipments to US zoom

India's June exports shrink but shipments to US zoom

Rediff.com16 Jul 2025

Merchandise exports to the US jumped 23.5 per cent year-on-year (Y-o-Y) to $8.3 billion in June, even as India's overall outbound shipments witnessed contraction during the month, according to the data released by the commerce department on Tuesday. The increase in outbound shipments to the US was largely driven by the rush among exporters to utilise America's pause on its plans to impose country-specific reciprocal tariffs.

Why Drug Prices Won't Increase This Year

Why Drug Prices Won't Increase This Year

Rediff.com5 Apr 2024

The government has been stringent with pricing changes. Prices of 651 essential medicines came down from April 1, 2023 by 6.73 per cent with the government capping ceiling prices of these drugs.

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com4 Apr 2025

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Margin pressures, growth triggers to weigh on Dr Reddy's

Margin pressures, growth triggers to weigh on Dr Reddy's

Rediff.com21 May 2025

Pharma major Dr Reddy's Laboratories delivered a muted operational performance in the fourth quarter of financial year 2024-25 (Q4FY25), even as revenue growth remained healthy. Lower gross margin performance and muted domestic growth are key concerns. Most brokerages have a "Sell" or "Reduce" rating as there are uncertainties related to the development of a new product portfolio and the launch timelines.

Preventive detention must be used sparingly: SC

Preventive detention must be used sparingly: SC

Rediff.com7 Jun 2025

Preventive detention is an extraordinary power in the hands of the state that must be used sparingly, said the Supreme Court as it set aside an order to detain a man indulging in money lending in Kerala.

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

'Digital Arrest?' Don't Panic!

'Digital Arrest?' Don't Panic!

Rediff.com5 May 2025

Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'

USTR flags hurdles in medical device exports to India

USTR flags hurdles in medical device exports to India

Rediff.com2 Apr 2025

The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.

These products account for over 50% of India's exports in FY25

These products account for over 50% of India's exports in FY25

Rediff.com16 May 2025

Agriculture, pharma, electronics, and engineering goods together accounted for over 50 per cent of India's merchandise exports in 2024-25, according to government data, highlighting the country's growing strength in diverse sectors amid efforts to boost manufacturing and value-added exports.

GOOD News! No Drug Price Hike In 2024

GOOD News! No Drug Price Hike In 2024

Rediff.com6 Feb 2024

For the consumer, there would be practically no impact on prices of essential medicines this year.

No coercive steps against Wankhede in Sushant drugs case, says HC

No coercive steps against Wankhede in Sushant drugs case, says HC

Rediff.com1 Apr 2024

The Bombay high court on Monday said no coercive steps shall be taken against IRS officer Sameer Wankhede till April 10 on notices issued to him on the NCB's preliminary inquiry over irregularities in a drugs case related to actor Sushant Singh Rajput's death.

SC backs PMLA, says money laundering promotes terrorism, drug trafficking

SC backs PMLA, says money laundering promotes terrorism, drug trafficking

Rediff.com27 Jul 2022

The Supreme Court said on Wednesday that money laundering is a "heinous" crime which not only affects the social and economic fabric of a nation but also tends to promote other serious offences like terrorism and drug trafficking.