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MRPS
ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...- War-hit supply chains melt margins as ice cream, chocolate prices set to rise this summerSweet treats may become more expensive this summer. A conflict in West Asia is disrupting supply chains. This is increasing costs for ingre...
- Cigarette prices jump as new excise regime kicks in, stoking smuggling fearsCigarette prices have significantly increased following a new excise duty. This tax hike, the first in seven years, aims to align India's t...
- Consumers to see reduced prices of FMCG products by next month: GCPL MDConsumers can anticipate lower prices on FMCG products by early to mid-next month as new MRPs reach the market, according to Godrej Consume...
- Medtech firms flag inflated MRPs on imported devicesIndian medical device manufacturers have raised concerns that private hospitals and retailers are favoring imported devices with inflated p...
- Govt issues guidelines to evaluate reasonableness of non-urea fertiliser pricesFor importers of P&K fertilisers, including di-ammonium phosphate (DAP) and Muriate of Potash (MoP), the profit margin allowed is 8 per cen...
- Indian fliers flag dual MRP for packaged water onboard flights despite govt banA survey by Local Circles revealed that several Indian fliers reported that airlines sold packaged food and water with higher published Max...
- Govt caps trade margin of O2 concentrators at 70%Every retailer, dealer, hospital and institution has been directed to display the price list as furnished by the manufacturer, on a conspic...
- E-commerce firms stick to MRP as offline stores charge extra: SurveyA majority of complaints received by LocalCircles were of overcharging on products such as masks and hand sanitisers.
- Hospitals still not displaying medical device prices, consumer groups sayAs per survey, 50% of the respondents said that medical devices they came across, did not have MRPs.
- Private hospitals making up to 1,737% profit on drugs, finds NPPA studyNPPA's study found that "the major beneficiaries of profits in all these cases because of inflated MRPs have been hospitals rather than dru...
- Domestic firms volunteer to drop syringe, needle prices over 50%According to an industry executive who did not wish to be named, the domestically manufactured syringes and needles market together is esti...
- Importers of food, cosmetics to get refund on excess GST“We have told importers that if they have imported goods at 28% and are selling them at 18%, they can claim a refund,” a senior official at...
- Pre-GST medicine stocks can be relabeled with revised MRPs: CDSCOSo far, chemists had been selling old stocks of medicines at their pre-GST MRPs and pharma companies were expected to declare the new MRPs ...
- Government bans practice of dual MRP at airports, mallsAs per the order, which comes into force starting January 1, 2018, companies will not be allowed to charge a different price for water, sof...
- One product, one MRP: Government to disallow differential pricing at airports, malls and cinemasHigher prices for packaged goods at airports, malls to go. Medical devices have to display MRP. These rules will come into effect from Janu...
- Government seeks reply from packaged water companies over different MRPsPaswan had said that sale of packaged water and soft drinks above MRP, including at airports, multiplexes and hotels -- would attract strin...
- Indian cardiac stents as expensive as imports: MNC associationIndian stents are not drastically cheaper to imported stents, says the Medical Technology Association of India
- Fertiliser Ministry calls meeting of companies to discuss P&K pricing issueAmid reports of higher prices charged on phosphatic and potassic (P&K) fertilisers by companies and delay in reporting their MRPs to the go...
- Retail cartel pushing up MRPs of food itemsFood prices are being manipulated behind the smokescreen of a poor monsoon, and it is the retailers who are determining the printed maximum...
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