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Pandemic

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NPPA has fixed ceiling prices of 355 medicines, 882 formulations: Mandaviya

”Most of the drugs that are part of COVID-19 management protocol have ceiling prices, viz., paracetamol, dexamethasone, methylprednisolone, IVIGs, enoxaparin, budesonide, heparin and amphotericin, etc,” Minister of Chemicals and Fertilisers Mansukh Mandaviya said in a written reply to a query in the Lok Sabha.
In the case of few non-scheduled medicines like remdesivir, which are part of COVID-19 protocol and are non-scheduled, on government intervention, MRPs of various brands of remdesivir have been reduced voluntarily by the major manufacturers/marketers of the remdesivir injection (lyophilized), he added.
Inter-brand maximum retail prices (MRPs) that varied up to Rs 5,400 per vial were brought down to less than Rs 3,500, the minister said.

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22 districts recorded increasing trend in COVID cases, 54 districts report 10 pc positivity: Health Ministry

While addressing a press briefing here, Union Health Ministry Joint Secretary Lav Agarwal said, “There are 22 districts — 7 from Kerala, 5 from Manipur, 3 in Meghalaya among others, where an increasing trend in cases has been reported, in the last 4 weeks. It is a cause of concern.” Agarwal said there are still 62 districts in the country where over 100 cases are reported every day, which are found in a localised and limited set of areas of these districts.

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U.S. will not lift travel restrictions, citing Delta variant -White House

U.S. Centers for Disease Control and Prevention (CDC) director Rochelle Walensky said on Thursday the seven-day average of new cases in the United States was up 53% over the previous week. The Delta variant, which was first found in India, now comprises more than 80% of new cases nationwide and has been detected in more than 90 countries. Psaki also cited the fact that last week, the CDC urged Americans to avoid travel to the United Kingdom, given a jump in cases.

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IMF cuts India’s GDP growth forecast to 9.5 pc for FY22

IMF joins a host of global and domestic agencies which have cut India’s growth estimates for the current fiscal. Last month, S&P Global Ratings projected a 9.5 per cent GDP growth in the current fiscal and 7.8 per cent in 2022-23.

IMF’s Chief Economist Gita Gopinath said IMF estimates the pandemic has reduced per capita incomes in advanced economies by 2.8 per cent, relative to pre-pandemic trends over 2020-2022, compared with an annual per capita loss of 6.3 per cent a year for emerging market and developing economies (excluding China).

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