-PTI With silver prices almost doubling in last one year, the supply of a crucial drug for burn injuries, with this metal as a component, has seen a dip. The prices of the white metal have almost doubled from Rs 28,550 per kg last year to Rs 58,900 per kg, affecting the supply of Silver Sulpohurdizene (SSD), a drug used to prevent and treat infections of second and third degree burns. Following the...
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People hold UPA responsible for Price Rise by Yogendra Yadav
Popular perception of the state of economy, as recorded by the CNN-IBN-CNBC-TV18 State of the Nation Poll in association with Forbes India conducted by the CSDS, confront the "aam admi" government with many reasons to worry. Unlike corruption, the message is not loud here. Years of survey research have demonstrated that Indians tend to be positive and optimistic when it comes to their economic conditions. One needs to look at...
More »Present food security bill unacceptable: Karat
-IANS Communist Party of India-Marxist (CPI-M) general secretary Prakash Karat on Sunday said the food security bill in its current form will curtail the food security as it caters to certain sections of society. "This will not be a good food security legislation as they are trying to restrict the food security to certain sections of society. They have already given a quota - 46% of the population in rural areas...
More »Food inflation up at 8.04% on lower base
-The Business Standard Amid the ongoing debate in Parliament on inflation and the government’s inability to tame it, food inflation, which had seen a dip in the past two weeks, increased to 8.04 per cent for the week ended July 23. In the previous week, food inflation had fallen to a 29-month low at 7.33 per cent. All major items in the food basket recorded a rise in prices, from vegetables...
More »Mining ban in Karnataka may push up steel prices by Rakhi Mazumdar
Steelmakers and mine owners, reeling under a ban on mining in Karnataka, are keeping their fingers crossed about the Supreme Court hearing scheduled on Friday. The uncertainty in iron ore and the resultant rise in ore prices have led the steel industry to actively consider an upward revision in prices, just days after most companies mentioned of keeping product price levels unchanged. "Iron ore spot prices have been rising by $1-2 daily...
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