India's drugmakers need more time to meet intl standards-indus...

Tax incentives allowed 15,080 profit-making Indian companies to have effective tax rates of zero, and in some cases less than zero, in 2015-16, according to an IndiaSpend analysis of the latest available national tax data or more specifically a government ...

About Rs 5.3 lakh crore (at the current exchange rate of Rs 64/US dollar) flowed out of India illegaly in 2007, a government-commissioned report on black money has revealed. The amount is 5% less than the water resources ministry’s estimates (Rs 5.6 lakh ...

Global pharmaceutical distributor GNH India today said it has become the first Indian company to clear the Kenyan Pharmacy and Poisons Board audit, clearing the way for exports of scheduled drugs to Kenya. The certification will help GNH India trade freely ...

Posted by Equitymaster Profit booking continued in the afternoon session in the Indian share markets amid weak European cues. At the closing bell, the BSE Sensex stood lower by 153 points, while the NSE Nifty finished down by 55 points. Meanwhile, the S&P BSE ...

Mandatory prescription of generic names is not a complete solution. Rather, in the absence of a range of approaches, it could mean passing the choice of selecting a drug from a doctor to a pharmacist, says Chandrakant Lahariya. How the top leadership can make a difference was witnessed after the recent announcement by Prime Minister Narendra Modi that all medical practitioners should prescribe generic drugs. Soon after, the Union ministry of health and family welfare and the Medical Council of ...

Posted by Equitymaster Stock markets in Asia are mixed today following the widely-expected results of the first round of presidential elections in France. The Shanghai Composite is off 1.50%, while the Hang Seng is down 0.29%. The Nikkei 225 is trading higher ...

Posted by Equitymaster Investors were cautious ahead of the first round of the French Presidential elections ending next week. Fall in crude oil prices amidst oversupply concerns also adversely affected Global markets this week. Crude prices fell by 6.4% this ...

Posted by Equitymaster The United Kingdom formally notified the European Union (EU) of its intention to withdraw from the bloc. This starts a two-year process of negotiations with the EU on trade and other important economic issues. The UK contributes a sixth ...