A young couple have been awarded $900,000 in damages after being duped into purchasing a rot-infested leaky house by a businessman in what a judge describe
Vedanta offers to supply oxygen from closed Tuticorin Sterlite Copper plant
In the letter to the Union Health Minister, Vedanta mentioned that it has two oxygen plants with the Sterlite Copper facility with a combined capacity of 1,000 tonnes of oxygen daily
BusinessToday.In | April 21, 2021 | Updated 05:22 IST
In separate letters to Union Health Minister Harsh Vardhan and Tamil Nadu Chief Minister Edappadi K Palaniswami, Vedanta has offered to supply oxygen from the Sterlite Copper facility in Tuticorin if it is allowed to reopen. The factory was sealed in May 2018 on orders from Tamil Nadu Pollution Control Board (TNPCB) over allegations of releasing pollutants in its vicinity and in the wake of violent protests.
Retail inflation rises to 5.52% as food prices soar
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed
BusinessToday.In | April 12, 2021 | Updated 18:25 IST
Retail inflation rises again
Retail inflation, calculated on the basis of Consumer Price Index (CPI), increased to 5.52 per cent in March, up from 5.03 per cent recorded in February, showed government data released on Monday. Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February.
Vegetable prices declined 4.83 per cent, while cereal and products and sugar and confectionery segments saw prices fall 0.69 and 0.53 per cent, respectively. This, however, was not enough to moderate the price rise in overall food basket.
India bans Remdesivir exports till COVID surge abates
Seven Indian companies producing Remdesivir injections under voluntary licensing agreement with US-based Gilead Sciences have an installed capacity of about 38.80 lakh units per month
BusinessToday.In | April 11, 2021 | Updated 18:45 IST
India has seven domestic Remdesivir producers
India has banned the export of Remdesivir injection and active pharmaceutical ingredients (API) used for making the coronavirus medication till the recent surge in COVID-19 cases subsides.
India has been witnessing a surge in COVID-19 cases with the second wave of the pandemic. As of Sunday, the number of active cases stood at 11.08 lakh, and this figure is steadily rising, said the Ministry of Health and Family Welfare. This has led to a sudden spike in demand for Injection Remdesivir used in treatment of COVID patients. There is a potential of further increase in this demand in the coming days, it further added.
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