New Delhi, Aug 8 (IANS) The Union government has fixed the ceiling price of four emergency-use medicines and 37 other drug formulations, which include antibiotics and painkillers.The prices were fixed by the National Pharmaceutical Pricing Authority (NPPA), and the medicines range from treating infections, heart ailments, and inflammation to diabetes and vitamin deficiencies.”Manufacturers selling branded or generic or both versions of the medicines at a price higher than the ceiling price (plus…

New Delhi, Aug 8 (IANS) Increasing weight loss experienced by cancer patients that often leads to deaths may be caused by communication between the brain and liver, according to a study.Nearly a third of cancer-related deaths are caused by cachexia — a currently incurable metabolic syndrome that involves substantial weight loss, including depletion of muscle mass and body fat.It also contributes to therapy resistance and increases mortality among affected patients.Researchers from the Weizmann …

Washington, Aug 8 (IANS) If a semiconductor firm commits to building its factory in the United States during President Donald Trump’s term and fulfills the commitment, its chips would not face a tariff, the commerce secretary said, a day after Trump unveiled a plan to impose about a 100 per cent tariff on chip imports.Secretary Howard Lutnick made the remarks during a Fox Business interview as South Korean tech firms, Samsung Electronics and SK hynix have been carefully watching his tariff polic…

Seoul, Aug 8 (IANS) The government has launched a task force (TF) aimed at establishing a next-generation power grid that will use artificial intelligence (AI) to improve efficiency in the power supply, the industry ministry said on Friday.The task force was formed after President Lee Jae Myung called last week for efforts to create an intelligent power grid that connects the entire nation with optimal power generation, storage and consumption, according to the Ministry of Trade, Industry and En…

Mumbai, Aug 8 (IANS) The Indian benchmark indices opened lower on Friday amid the fresh US tariff jitters, as selling was seen in the IT and financial service sectors in the early trade.At around 9.38 am, Sensex was trading 272.30 points or 0.34 per cent down at 80,350.96 while the Nifty declined 75.60 points or 0.31 per cent at 24,520.55.According to analysts, the market continues to be technically and fundamentally weak. Continuous lower lows on the Nifty is technically a weak sign. From the f…

New Delhi, Aug 7 (IANS) Atal Innovation Mission (AIM), NITI Aayog, and Bhashini, the Digital India Bhashini Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY), signed a Statement of Intent (SoI) to democratise access to innovation by breaking language barriers, NITI Aayog said in a statement on Thursday. This strategic partnership aims to foster vernacular innovation and promote language inclusivity across India’s rapidly evolving innovation and entrepreneursh…

New Delhi, Aug 7 (IANS) The newly-launched Bharat Forecast System (BharatFS) has led to a 30 per cent improvement in the accuracy for the forecasting of extreme rainfall events, the Rajya Sabha was informed on Thursday.Union Minister of State (Independent Charge) for Science and Technology, Earth Sciences Jitendra Singh, in a written reply, said, the key features of the BharatFS have made India the only country running a global weather prediction model at such a high resolution for real-time wea…

New Delhi, Aug 7 (IANS) Amid India’s quickly changing logistics and procurement landscape, the International Procurement and Supply Chain Conference (IPSC) was organised here by the Blue Ocean Corporation and industry association ASSOCHAM to prepare the country for a leadership role in the field.Greenline Mobility Solutions CEO and ASSOCHAM’s Logistics and Warehousing Council Co-Chairman, Anand Mimani, emphasised that effective supply chain and procurement systems are essential to accomplishing …

New Delhi, Aug 7 (IANS) The government has taken various steps to support the growth of a gas-based economy, which include augmenting the availability of LNG for various sectors, open general licensing (OGL) and others, the Parliament was informed on Thursday.”Demand of natural gas in the country is met through domestic production of natural gas as well as import of Liquefied Natural Gas (LNG),” Minister of State of Petroleum and Natural Gas, Suresh Gopi, said in a written reply in Lok Sabha.Eig…

New Delhi, Aug 7 (IANS) While US President Donald Trump has announced the imposition of 50 per cent tariffs on India’s exports, this is expected to impact only 4.8 per cent of the total goods and services exports of the country worldwide, which surpassed a record $820 billion in 2024-25, according to official estimates.The 50 per cent tariff being imposed by the Trump administration will be applicable only to exports worth $40 billion to the US, a senior official said.Besides exports worth more …