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UNSOLD MEDICINES
Hobbled by US tariffs, carpet weavers in Kashmir struggle to stay afloatUS tariffs are hitting India's carpet makers hard. The industry fears collapse if tariffs continue. New Delhi is exploring solutions, but l...
Mamaearth vs distributors; PharmEasy’s financialsHonasa Consumer, Mamaearth's parent, addressed recent allegations, labelling them as "misinformation." This and more in today’s ETtech Top ...
Consumer companies gear up to weather climate riskCompanies such as Swiggy and Zomato have tied up with weather forecasting agencies and in-house experts to ensure delivery disruptions are ...
Hunger pains on Slave Island as Sri Lanka's food prices rocketWith six children in the family, the 74-year-old said the best they had been able to afford in recent weeks was the occasional fish, cut in...
Drugmakers seem to be in no hurry to launch Covid antiviral pill PaxlovidSeveral industry executives and doctors ET spoke to said at the moment, while cases are rising, the need for Paxlovid hasn't been felt as c...
Companies stare at huge losses as unsold Covid drugs pile upDuring the past two years, there were sky-rocketing sales of Covid-19 portfolio of drugs, sometimes even severe shortages. But now the indu...
Vaccine fatigue? Complacency, confusion, fear behind reluctance to take Covid booster, say expertsAs India's Covid graph inches upwards, not enough people are getting their booster shots. Among the reasons for the apparent lethargy are t...
IIT Kharagpur researchers develop essential oil extractor to economize betel leaf productionThe extractor is capable of saving 44% of the time and 30% of the energy requirement while increasing the oil yield by more than 16%, as co...
Big global demand for fashion masks: Textile producersIndian textile manufacturers, who lost almost their entire summer exports business, are now flooded with enquires about immediate supplies ...
Liquor apex body CIABC seeks nod from govt for online sale, reopening of pubs & restaurants in non-Covid-19 hotspotsIn its second letter to various state governments within a week, CIABC has urged them to allow online sale of liquor as social distancing e...
DCC clears Rs 5.22 lakh cr spectrum sale plan; auction in March-April"The DCC has today approved the recommendation of Telecom Regulatory Authority of India (TRAI). We are hopeful that auction shall be conduc...
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 ...
Consumer-facing firms selling cars, electronics will be GST-ready only by mid-JulyCentre relaxed the procedure for filing returns for the first two months of GST implementation, taking into account concerns expressed by t...
Mapping the market: Realty stocks rally on status upgrade; 40 stocks at 52-week highsShares of PSU banks rose as much as 5 per cent on Wednesday amid expectations that the Budget announcements would boost demand in the econo...
Drug companies likely to face penalty for overcharging"Drug firms followed that practice at risk, as the matter was sub judice," admitted a senior company executive on condition of anonymity.
Supreme Court ruling on GSK sends drug sector into huddleNational Pharma Pricing Authority is studying the judgement and will begin the exercise of calculating the amount overcharged by drug compa...
Revised lower price of drugs will be effective immediately: SCThe Supreme Court has held that an order reducing prices of particular medicines will come into force with immediate effect.
Budget 2013: Hidden rural innovations to get Rs 200 crore fundWhen FM announced the new fund he also mentioned that govt had identifie several ‘amazing inventions’ that needed to be funded for scale-up.
- Expired drugs to be moved out of stores in 15 days
Unsold medicines will be cleared out of pharmacies within 15 days of their date of expiry and drug inspectors will be empowered to cancel t...
- Expired drugs to be moved out of stores in 15 days
Unsold medicines will be cleared out of pharmacies within 15 days of their date of expiry.