Monthly Archives: March 2023

SPIKE IN RAW MATERIAL PRICES HITS PHARMA

A steep price increase of over 100% from prepandemic levels of certain raw materials for essential drugs — called active pharmaceutical ingredients (API) — has raised eyebrows in the industry. Interestingly, the sharp hike — which should have corrected by now with the improvement in supply chain and logistics — …

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‘CORRUPTION – AIDED BY OPAQUE SYSTEMS’

Corruption directly vitiates the relationship of the citizen with the state. Post-Independence, measures to remove corruption assumed great significance in India as the state evolved. A major financial irregularity in a public sector company in 1957 triggered a debate in Parliament and led to the formation of a committee on …

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INDIGENOUS PROJECTS to boost desi defence

Two major indigenous defence projects — the acquisition of 70 basic trainer aircraft for the IAF and three cadet training ships for the Navy — worth almost ₹10,000 crore were cleared by the cabinet committee on security. The 70 Hindustan Turbo Trainer-40 (HTT-40) aircraft will be supplied by defence PSU …

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ROCKS FOUND IN TELANGANA

Rock samples dating back 4. 1 billion years and bearing traces of the weather-proof mineral zircon have been found in Telangana’s Chitrial, around 100km north of Hyderabad. It can shed light on geological events from a dark age when the earth was in its infancy. The latest research from a …

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