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Finance ministry sees FY27 growth at 7.3%, flags inflation risks
The report warned that an intensifying El Niño event could threaten...
Govt bars import of medicines with less than one year of remaining shelf life
National Pharmaceutical Pricing Authority (NPPA) has revised the...
Govt plans jobs survey changes to add unpaid work, improve gig worker data
"This initiative to estimate platform gig workers is a half-step as there are a large number of informal gig workers who are not on any platform," said K.R. Shyam Sundar, a labour economist and a former professor at XLRI Jamshedpur. NEW DELHI: India has proposed...
Centre expects anti-Cancer drug prices to fall 20-70% under proposed trade margin cap
In an affidavit filed before the Supreme Court in a pending plea seeking regulation of medicine prices, the Union government, through the Department of Pharmaceuticals, said it had decided to rationalise trade margins on anti-cancer drugs after extensive consultations...
Sanjay Lalla to head EASE project for PSU general insurers
The proposed EASE framework could provide a common reform roadmap for public sector general insurers, with a focus on improving productivity, strengthening governance, modernising technology platforms and enhancing customer service. Its effectiveness, however, will...
Trump suspends Russia sanctions, tariffs under Graham Act
President Donald Trump The measure gave Trump 30 days to impose 100 per cent tariffs on all goods from the top five buyers of Russian crude. It would also slap sanctions on numerous Russian entities and impose 500 per cent tariffs on all US imports of Russian energy...
IDBI Bank employees, pensioners service conditions protected under deal: DIPAM Secretary
"Under the share purchase agreement, the qualified parties have also agreed that the service conditions of existing employees will remain unchanged...Existing employees and existing pensioners should have no apprehensions, as their service conditions have been fully...
Cabinet approves ₹53,428 crore Social Assistance Scheme, amends disability Pension norms
The benchmark disability requirement for availing of the pension has been reduced from 80 per cent to 40 per cent. The minimum age criterion has also been removed, making persons with disabilities eligible for assistance from birth. New Delhi: The Union Cabinet on...
Merchant Discount Rate on UPI transactions deferred, no new date announced
"UPI and Services Steering Committee today decided that, keeping in mind the festive season, Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions shall be implemented immediately post Diwali on a date to be notified separately," NPCI said...
Centre asks States/UTs to ensure prominent display of healthcare service rates at clinical establishments
Union Health Secretary Punya Salila Srivastava Union Health Secretary Punya Salila Srivastava, in a letter to the chief Secretaries of all states and UTs, has called for a review of compliance with applicable regulatory provisions and appropriate measures to ensure...
SC directs centre and state govts to link accident, vehicle, insurance databases within 4 weeks
The Supreme Court directed the Centre and states to complete the integration "within four weeks from today positively" and file compliance reports, along with details sought in its previous orders, through affidavits.The directions came as the top court examined...
World Bank in talks with dozens of countries about crisis aid, Banga says
Ajay Banga,president, World Bank A sharp spike in diesel and fertilizer prices and other factors, including the looming super El Niño weather effect, were adding to challenges facing developing countries, Banga said in an interview ahead of this week's annual...