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Govt plans strict drug recall norms

Govt plans strict drug recall norms

The central government is considering clear and more effective guidelines to deal with the issue of recall of drugs which are Not of Standard Quality (NSQ).

The Drug Consultative Committee (DCC) under the Ministry of Health and Family Welfare has approved the recommendation of the sub-committee for effective recall system.

NHAI to put existing highway projects under infrastructure investment trust

NHAI to put existing highway projects under infrastructure investment trust

The government is finalising a list of functional national highway projects that would be placed under infrastructure investment trust (InvIT) to be offered to potential investors.

It is learnt that the National Highways Authority of India (NHAI) would prefer brown-field projects over greenfield contracts for InvIT.

Rupee continues to slide, opens 22 paise lower against US dollar

Rupee continues to slide, opens 22 paise lower against US dollar

The rupee opened 22 paise lower at 71.82 against the US dollar amid elevated crude oil prices. The domestic unit on Monday plunged 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia's oil facilities.

Surging crude oil prices have emerged as major fears for India -- the world's third largest oil importer -- in form of fiscal slippage and inflationary pressure.

Trump to meet Modi, Imran soon; says progress made in reducing tensions

Trump to meet Modi, Imran soon; says progress made in reducing tensions

US President Donald Trump on Monday said he will be meeting the prime ministers of India and Pakistan soon, even as he maintained that tension between the two Asian countries had reduced.

While Trump will address Indian-Americans, along with PM Modi, at the "Howdy Modi!" event in Houston on September 22, the American president did not say when or where will he be meeting PM Khan.

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

New Delhi: Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials.

Equitas Holdings tanks 17% as Sebi rejects draft scheme for Small Fin Bank

Equitas Holdings tanks 17% as Sebi rejects draft scheme for Small Fin Bank

Shares of Equitas Holdings slipped 17 per cent to Rs 97 on the BSE on Monday after the Securities and Exchange Board of India (Sebi) on Friday returned the draft scheme with regard to Equitas Small Finance Bank (ESFB), citing that it was not in compliance with the regulatory provisions.

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

New Delhi: Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials.

DLF sells New Gurugram land to American Express in one of ‘costliest’ land deals

DLF sells New Gurugram land to American Express in one of ‘costliest’ land deals

New Delhi: Realty major DLF has sold a 9 acre land parcel in New Gurugram to American Express for about ₹300 crore in one of the costliest land deals in this area, sources said.

The selling price comes out to be around ₹32 crore per acre.

IRCTC offers insurance at less than 50 paise per train passenger. How it works

IRCTC offers insurance at less than 50 paise per train passenger. How it works

What can you buy for 50 paise? Well, financial products such as travel insurance. Indian Railways Catering and Tourism Corporation (IRCTC) offers you an insurance cover of up to ₹10 lakh at a near-zero premium of 49 paise. Passengers have an option of opting the 'Travel Insurance' while booking train tickets through IRCTC website. If you exercise the option while booking your train, the travel insurance will be applicable for all passengers booked under one PNR (Passenger Name Record).

Sensex cracks nearly 180 points following surge in the global crude prices

Sensex cracks nearly 180 points following surge in the global crude prices

A surge in the global crude prices on account of drone attacks on oil facilities at Saudi Arabia made investors in the equity market jittery on Monday with the benchmark Sensex shedding 900 points during the pre-open session.

Just minutes into the pre-open session, the index fell to 36,485, which was 900 points lower than Friday's close of 37,384.99.

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