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New rules simplify drug launches, reduce manufacturer liability for overchargingNew rules now allow drug manufacturers to launch similar medicines without prior price approval, streamlining market entry. Companies can s...
Control encroaching coaching centresAs India's burgeoning coaching sector, a complementary education system, stands on the brink of national regulation, a government report pr...
Restaurant in Punjab ordered to pay Rs 5,000 after adding Rs 129 service charge without consent and refusing to remove itA Chandigarh consumer commission has ordered a Bathinda rooftop restaurant to refund Rs 129 in service charge and pay Rs 5,000 as compensat...
Delhi govt orders CAG audit of power discoms over regulatory assets issueDelhi's power discoms are facing a CAG audit following a massive Rs 38,500 crore in accumulated Regulatory Assets. The Delhi government ord...
Overcharged Rs 67 on shoe MRP, Bata ordered to refund student, pay Rs 2,000 compensation. Here's what happenedA law student's Rs 67 overcharge on shoes led to a significant ruling against Bata India by the Kerala Consumer Commission. The retailer wa...
US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetrationIRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing p...
Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
UK regulator considers opening Apple, Google app stores to rival paymentsBritain's competition watchdog is proposing to let app developers direct users to cheaper payment options outside Apple and Google's app st...
Draft National Electricity Data Sharing Framework unveiledThe framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distr...
Why do black people have different hair? Science explains the genetics and evolution behind curly hairScientists reveal Afro-textured hair, common in African populations, is a genetic trait likely shaped by evolutionary adaptation. Research ...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
Ladakh fines four tourists Rs 2 lakh and seizes their Thar, Creta and Fortuner; here is what they didLadakh's Wildlife Department has fined four tourists Rs 50,000 each, totalling Rs 2 lakh, for illegally driving into protected areas includ...
Centre eases metrology rules for first-time violators; says fix it first, face action laterUnder the Legal Metrology Act, businesses can address minor first-time procedural errors without incurring immediate penalties. The newly i...
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
Homebuyer can seek compensation for delayed delivery after taking possession: SCHomebuyers can pursue compensation for delayed flat delivery even after taking possession, the Supreme Court ruled. The apex court overturn...
EU proposes extending Ukrainian protection to 2028, limit men of fighting ageThe EU proposes extending temporary protection for Ukrainian refugees until March 2028, but may restrict access for military-aged men witho...
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
Best quote of the day by Milton Friedman: “The great danger to the consumer is the...” — A thought-provoking lesson on freedom, innovation, and human potential in a changing worldMilton Friedman’s quote of the day: Milton Friedman’s timeless insight goes far beyond economics. His words offer a powerful lesson about f...
CCPA fines Storia Foods, English Oven Rs 1 lakh each for misleading '100%' claims on food labelsTwo prominent food companies, Storia Foods and Mrs. Bectors Food Specialities, have been fined Rs 1 lakh each by the Central Consumer Prote...