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Trade margins capped at 70% for oximeters, BP meters, other medical devices

The medical devices, which have been in high demand during the Covid-19 pandemic, will now see a drop in prices, as the earlier margins were up to 709 per cent for some of these products. IMAGE:......

HC upholds TRAI order lowering price of TV channels

The Bombay high court on Wednesday upheld the constitutional validity of a tariff order passed by the Telecom Regulatory Authority of India (TRAI) last year, but struck down one condition which......

Dr Reddy's launches Covid drug 2-DG at Rs 990 per sachet

Drug major Dr Reddy's Laboratories on Monday announced the commercial launch of COVID-19 treatment drug, 2-deoxy-D-glucose (2-DG), at a maximum retail price of Rs 990 per sachet.   IMAGE:......

Conmen cash in on Covid desperation amid 2nd wave

At a time when the country’s medical infrastructure has become incapable of handling the pressure of Covid’s deadly second wave, a parallel wave of conmen, black marketers and......

Prices of key Covid bulk drugs shoot up as demand rises

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......

After Amul, Mother Dairy hikes milk prices by Rs 2/ltr

Leading milk supplier Mother Dairy has increased milk prices in Delhi-NCR and other cities by Rs 2 per litre with effect from Sunday on rising input cost. The milk prices were last revised in......

Amul hikes milk prices by Rs 2 per litre

Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and other dairy products under the Amul brand, will hike milk prices by Rs 2 per litre across India from July 1 due to an......

Govt caps trade margin on oxygen concentrators at 70%

The government has capped the trade margin on oxygen concentrators at 70 per cent in order to keep in check the price of the much in demand critical life saving component amid the second wave of......

Amazon fined for not displaying mandatory info about products

The government has imposed a penalty on e-commerce major Amazon for not displaying mandatory information, including the country of origin, of products sold on its platform, according to an official......

'Let govt ensure MSP is a legal right just like MRP'

'Government is saying I will not be responsible for ensuring you get MSP but traders and large corporate will be responsible.''India now is the only country that is saying such things.' IMAGE:......
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