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DRUG PRICE INFLATION IRAN
SC seeks 16% MRP cap on medicines, flags huge cancer drug markupsThe Supreme Court has raised concerns regarding inflated prices of essential medicines, particularly cancer drugs, sold at exorbitant marku...
Cancer drug costs Rs 2,700, sells for Rs 27,000: SC questions 10x markup at hospitalsThe Supreme Court has questioned steep markups on cancer drugs and asked the Centre to examine a uniform 16% margin on all medicines. The c...
Global Market: ECB's Lagarde says eurozone inflation has yet to trigger second-round effectsEuropean Central Bank President Christine Lagarde highlighted rising Eurozone inflation linked to increased energy prices. While inflation ...
US stocks: US market falls as higher oil prices, Treasury yields weighUS stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncert...
Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
Global Market: Eurozone bond yields rise as oil climbs, inflation data eyedEurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate ...
Gold prices dip Rs 3,200/10 gram; silver falls Rs 6,700/kg as high oil prices raise rate hike bets. Time to sell?Gold and silver prices fell sharply on MCX as rising oil prices fuelled inflation concerns and boosted expectations of further US rate hike...
Fed tightening bets weigh on gold pricesGold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes ma...
Oil heads higher as US-Iran peace talks in stalemateOil prices experienced a rebound of more than 1% as geopolitical tensions in the Middle East persisted. Donald Trump rejected Iran's peace ...
Dollar firms as US-Iran tensions lift oil, hawkish Fed bets buildThe dollar showed strength as investors anticipated inflation data and central bank decisions this week. Oil prices increased due to ongoin...
Global Market Today: Asian shares subdued as rising oil fuels rate hike concernsMSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese...
U.S. Bond yields hit a 20-year high. What does it mean for common Americans?Long-term yields also mostly continued to climb this week despite another Treasury buyback operation, an intervention the government said i...
Mounting rate hike bets keep weekly loss in sight for goldGold prices rose slightly on Friday but are set for a weekly decline of 2.1 percent. Factors such as inflation worries and rising US Treasu...
Global Market: BoE officials signal growing openness to rate hike as energy costs stay highBank of England policymakers are signalling greater openness to a rate hike as elevated energy prices threaten to keep inflation above targ...
Rupee declines to one-week low as oil rally fans global rate hike worriesThe Indian rupee has fallen to its lowest point in a week, fueled by escalating oil prices and inflation worries. Although dollar sales by ...
India bonds pummelled after Treasury rout, traders raise rate hike betsIndian government bonds experienced a decline following increases in U.S. Treasury yields and oil prices. The benchmark 6.94% 2036 bond yie...
'Inflated medicine prices are daylight robbery': SC pulls up pharma companies over huge MRP-PTR gapSupreme Court on Tuesday questioned the wide gap between the price to retailer and MRP of some cancer medicines, calling inflated pricing a...