India, Aug. 11 -- The Government of India has issued a release: The scheme for promotion of Bulk Drug Parks was approved by the Cabinet on 20.03.2020 to facilitate setting up of three (3) Bulk Drug Parks in the country with the objective to bring down the cost of manufacturing of bulk drugs by creation of world class common infrastructure facilities. It would also help in creation of economies of scale for production of bulk drugs. Under the scheme for Promotion of Bulk Drug Parks, the Departm...
India, Aug. 11 -- The Government of India has issued a release: Prices of drugs are regulated as per the provisions of the Drugs (Prices Control) Order 2013 (DPCO, 2013) which has been promulgated based on the principles of the National Pharmaceutical Pricing Policy, 2012 (NPPP, 2012). National Pharmaceutical Pricing Authority (NPPA) under Department of Pharmaceuticals fixes ceiling prices of formulations specified in Schedule-I to DPCO and the retail price of a new drug as defined under 2(1)(u...
India, Aug. 11 -- The Government of India has issued a release: Sl. No. Name of District No. of JAKs Opened 1 Alappuzha 138 2 Ernakulam 221 3 Idukki 62 4 Kannur 106 5 Kasaragod 43 6 Kollam 127 7 Kottayam 114 8 Kozhikode 159 9 Malappuram 187 10 Palakkad 177 11 Pathanamthitta 60 12 Thiruvananthapuram 191 13 Thrissur 219 14 Wayanad 29 Total 1,833 Under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), a total of 20,149 Jan Aushadhi Kendras (JAKs...
India, Aug. 11 -- The Government of India has issued a release: As per information provided by Ministry of Health and Family Welfare (MoH&FW), to ensure availability of essential drugs and reduce the Out-of-Pocket Expenditure (OOPE) of the patients visiting the public health facilities, Government has rolled out the Free Drugs Service Initiative (FDSI) under National Health Mission (NHM). Under this, financial support is provided to States / Union Territories for provision of free essential me...
India, Aug. 11 -- The Government of India has issued a release: Sl. No. District Name No. of JAKs North 24 Parganas 203 South 24 Parganas 59 Bankura 36 Purba Bardhaman 43 Birbhum 10 Cooch Behar 15 Darjeeling 18 Dakshin Dinajpur 2 Uttar Dinajpur 7 Hooghly 109 Howrah 109 Jalpaiguri 20 Kolkata 162 Malda 13 Purba Medinipur 43 Paschim Medinipur 40 Murshidabad 18 Nadia 26 Purulia 11 Alipurduar 6 Kalimpong 2 Jhargram 7 Paschim Bardhaman 55 Total 1,014 ...
MUMBAI, India, Aug. 12 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 13, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 09:30 AM to 10:00 AM August 14, 2026 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 20...
MUMBAI, India, Aug. 12 -- Reserve Bank of India issued the following press release: Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities August 17, 2026 (Monday) 8.26% GS 2027 (Maturing on Aug 02, 2027) 2,000 7.19% GS 206...
MUMBAI, India, Aug. 12 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated August 05, 2026, the Reserve Bank of India has today issued the Draft Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026 for public comments. 2. The Reserve Bank has issued various instructions from time to time on interest rates on loans and advances for regulated entities (REs), wit...
MUMBAI, India, Aug. 12 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 25-Jul-2025# 15-Jul-2026 31-Jul-2026 25-Jul-2025# 15-Jul-2026 31-Jul-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 342422.14 435469.60 439863.90 347963.84 443230.48 447699.51** b) Borrowings from banks 105206.09 65066.21 65825.38 105216.43 65283.74 66409.86 c) Other ...
MUMBAI, India, Aug. 12 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 9,000 8,000 7,000 II. Competitive Bids Received (i) Number 109 91 116 (ii) Amount 29,412.030 22,241.250 15,156.000 III. Cut-off price (₹) / Yield 98.7050 97.3123 94.6130 (YTM: 5.2624%) (YTM: 5.5390%) (YTM: 5.7094%) IV. Competitive Bids Accepted (i) Number 41 10 82 (ii) Amount 8,550.000 7,600.000 6,650.000 V. Partial A...