A relief to patients will soon come up as the drug price regulator National Pharmaceutical Pricing Authority (NPPA) is expected to cap trade margins of 73 medicines for cancer and rare diseases.The trade margin is the difference between the price at which the manufacturers sell to trade and the price that patients pay(maximum retail price).… Continue reading Decision likely today to cap retailer margins of 73 drugs
Author: ForumIAS
New space company to facilitate Isro tech transfer to industry
The union cabinet approved the setting up of a new company under the Department of Space (DoS), to commercially exploit the research and development work carried out by the various centres of the Indian Space Research Organisation (Isro). The new company will be licensed by the DoS/Isro, which will in turn sub-license the technology and… Continue reading New space company to facilitate Isro tech transfer to industry
Daily Quiz: UPSC Prelims Marathon – February 21, 2019
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Where are the ‘green crackers’? asks Supreme Court
Where are the ‘green crackers’? asks Supreme Court The Supreme Court has expressed displeasure over inabilities of various agencies to find out formulae for green crackers. This comes in the backdrop 974 cracker factories being closed down in Tamil Nadu and about four lakh workers rendered jobless. SC has refused to accept submissions of PESO… Continue reading Where are the ‘green crackers’? asks Supreme Court
‘Biggest ever’ Aero India opens with tribute to deceased pilot
‘Biggest ever’ Aero India opens with tribute to deceased pilot The 12th edition of Aero India will be held at Air Force Station at Yelahanka in Bengaluru.It aims to provide a significant platform in bolstering business opportunities in the International aviation sector. The Aero India 2019 has a tagline “The Runway to a Billion Opportunities”… Continue reading ‘Biggest ever’ Aero India opens with tribute to deceased pilot
Attukal Pongala begins in Thiruvananthapuram
Attukal Pongala begins in Thiruvananthapuram The Attukal Pongala has begun in Thiruvananthapuram, Kerala. The Attukal Pongala festival is held annually in Attukal Bhagvati Temple in Thiruvananthapuram. The temple is popularly known as the “Women Sabarimala”. Pongala, which means ‘to boil over’, is the ritual in which women prepare sweet payasam and offer it the main… Continue reading Attukal Pongala begins in Thiruvananthapuram
Centre clears ₹48,239 cr. recapitalisation package for PSBs
Centre clears ₹48,239 cr. recapitalisation package for PSBs The government approved Rs 48,239 crore capital infusion into 12 public sector banks (PSBS) to help them maintain regulatory capital requirements and finance growth plans.It takes the total infusion into government banks to nearly Rs1 lakh crore so far this fiscal year. This capital infusion has a… Continue reading Centre clears ₹48,239 cr. recapitalisation package for PSBs
Odisha plans lightning alerting system
Odisha plans lightning alerting system The Odisha State Disaster Management Authority has planned to establish an intelligent and automated lightning alert system. The decision comes in the backdrop of a large number deaths due to lightning in the state. OSDMA has collaborated with The Earth Networks, a USA-based organization to develop the outdoor alerting siren… Continue reading Odisha plans lightning alerting system
Tejas, world’s lightest fighter, is battle ready
Tejas, world’s lightest fighter, is battle ready India’s Light Combat Aircraft (LCA) Tejas has received the final operational clearance (FOC) from military aviation regulator for induction into the Indian Air Force (IAF) as a weaponised fighter jet. The LCA Tejas is an Indian single-seat, single-jet engine, multi-role light fighter.Its design is highly manoeuvrable, with a… Continue reading Tejas, world’s lightest fighter, is battle ready
India pitches for global action against terrorism
India pitches for global action against terrorism During Saudi Arabia’s Crown Prince visit to India, both sides signed five agreements and Memorandum of Understanding (MoUs) including deals on an investment fund and tourism. India and Saudi Arabia called on all states to reject the use of terrorism against other countries. They stressed for early adoption… Continue reading India pitches for global action against terrorism

