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NPPA directs drug makers to reduce medicine prices following GST rate cut

New Delhi: The National Pharmaceutical Pricing Authority (NPPA) on Friday issued a directive to all drug and medical device manufacturers, directing them to immediately reduce the maximum retail price (MRP) of their products. This move comes as a response to the government's decision to rationalize goods and services tax (GST) rates on drugs and formulations

Chinese EV makers push for luxury models in Southeast Asia

Header image source: GAC Aion. Chinese electric vehicle makers are making an aggressive push for premium models in Southeast Asia, with a unit of Chinese state-owned automaker GAC Aion debuting luxury cars in Singapore on January 24—hot on the heels of rival BYD. GAC’s Hyptec brand launched its HT model at a price of about

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