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China Spy Row Erases $1.6 Trillion From Nvidia's Value, About One-Third Of India's GDP
Nvidia has effectively lost an amount greater than Tesla's entire equity value. The amount is equivalent to roughly one-third of India's annual GDP.
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Nvidia's $1.57 Trillion Wipeout Is Now Bigger Than Tesla's Entire Market Value
The market value wiped out is higher than Tesla's current market capitalisation of around $1.49 trillion, although below SpaceX's estimated $1.93 trillion valuation.
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Divi's Laboratories Market Cap Crosses Rs 3 Lakh Crore: What Is Driving The Rally
Divi’s Laboratories entered the Rs 3 lakh crore market capitalisation club after a strong stock rally, backed by 35% revenue growth, expanding margins, and optimism around its custom synthesis pipeline
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Cancer Drug Prices Slashed By Up To 96.45%; Annual Consumer Savings Pegged At Rs 3,540 Crore: Government
The government on Monday said revised prices of 1,364 anti-cancer drug formulations have come into effect, with consumers expected to save an estimated Rs 3,540.38 crore annually following a cap on trade margins for 137 anti-cancer drugs.
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Government Cancer Drug Price Curb Likely To Create Rs 3,357 Crore Savings Estimate
India's move to cap trade margins on 137 non-scheduled anti-cancer medicines has led 70 companies to cut maximum retail prices by an average 20 per cent to 70 per cent on 120 medicines, with estimated patient savings of Rs 3,357.49 crore, an official factsheet said on Friday.
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Supreme Court Flags Massive Gap Between Medicine MRP And Retailer Cost, Asks Government, "Allowing This To Happen?"
The Court was hearing a public interest litigation (PIL) filed by advocate Kishan Chand Jain seeking mandatory generic drug prescriptions, strict initial price controls on non-scheduled medicines, and statutory margin caps on medical devices under the Drug Price Control Order (DPCO).
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Centre Expects Anti-Cancer Drug Prices To Fall 20-70 Per Cent Under Proposed Trade Margin Cap
The Centre has told the Supreme Court that capping trade margins on anti-cancer medicines at 30 per cent of their maximum retail price (MRP) is expected to save patients around Rs 2,500 crore annually, with the proposed measure likely to reduce the MRP of such drugs by 20 to 70 per cent.
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Iran Caps Dollar Purchases At $1,000 Per Day Amid Sanctions-Hit Economy
According to Fars news agency, under the latest rules for banks and exchange offices, buyers may purchase up to $10,000 in total, capped at $1,000 per day.
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Government Caps Cancer Drug Trade Margins At 30%, Supreme Court Asks: Why Regulate Only Cancer Medicines?
While the proposed cap could reduce cancer treatment costs, the Supreme Court wants the government to explain why similar restrictions cannot be considered for other medicines and medical devices.
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After Cancer Drug Price Cap, Karnataka Seeks Similar Relief For Heart, Kidney Patients
Karnataka has asked the Centre to extend price safeguards to expensive medicines used for cardiac and kidney diseases after the government approved a 30% trade-margin cap for non-scheduled anti-cancer drugs.
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Govt May Force Rollback Of Diesel Caps Imposed By Private Retailers
The Centre is engaging with private fuel retailers after diesel sales were capped at Jio-BP and Nayara pumps.
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Will Your Monthly Take-Home Salary Fall? Your PF Deduction Has Changed From Sept 17 - Here’s The Math
The Union Cabinet has raised the EPFO wage ceiling from Rs 15,000 to Rs 25,000, effective September 17, 2026. The move will bring over 51 lakh additional workers under mandatory EPF, pension and insurance coverage.
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Domestic Economy Resilient, Global Headwinds Main Concern For Indian Equities: Sohum Asset Managers
For investors looking at mid- and small-cap stocks, Parekh said they can make investments slowly. He stressed that stock-picking and discipline at the right time are key.
-
Stock Market Crash: Investors Lose Rs 5.9 Lakh Crore In 90 Minutes As Sensex Tumbles Over 700 Points, Nifty Breaches 22,600
Market breadth remained weak on the NSE. Of the 3,305 stocks traded, 763 advanced, while 2,448 declined and 94 remained unchanged.
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Italy Bans Burqa, Caps Number Of Foreign Students In Schools
It introduces "A 30 percent cap on the number of students in a class who do not have an adequate command of Italian, more tools for learning our language, and a ban on the burqa and niqab in schools," Meloni wrote on social media.
-
China Spy Row Erases $1.6 Trillion From Nvidia's Value, About One-Third Of India's GDP
Nvidia has effectively lost an amount greater than Tesla's entire equity value. The amount is equivalent to roughly one-third of India's annual GDP.
-
Nvidia's $1.57 Trillion Wipeout Is Now Bigger Than Tesla's Entire Market Value
The market value wiped out is higher than Tesla's current market capitalisation of around $1.49 trillion, although below SpaceX's estimated $1.93 trillion valuation.
-
Divi's Laboratories Market Cap Crosses Rs 3 Lakh Crore: What Is Driving The Rally
Divi’s Laboratories entered the Rs 3 lakh crore market capitalisation club after a strong stock rally, backed by 35% revenue growth, expanding margins, and optimism around its custom synthesis pipeline
-
Cancer Drug Prices Slashed By Up To 96.45%; Annual Consumer Savings Pegged At Rs 3,540 Crore: Government
The government on Monday said revised prices of 1,364 anti-cancer drug formulations have come into effect, with consumers expected to save an estimated Rs 3,540.38 crore annually following a cap on trade margins for 137 anti-cancer drugs.
-
Government Cancer Drug Price Curb Likely To Create Rs 3,357 Crore Savings Estimate
India's move to cap trade margins on 137 non-scheduled anti-cancer medicines has led 70 companies to cut maximum retail prices by an average 20 per cent to 70 per cent on 120 medicines, with estimated patient savings of Rs 3,357.49 crore, an official factsheet said on Friday.
-
Supreme Court Flags Massive Gap Between Medicine MRP And Retailer Cost, Asks Government, "Allowing This To Happen?"
The Court was hearing a public interest litigation (PIL) filed by advocate Kishan Chand Jain seeking mandatory generic drug prescriptions, strict initial price controls on non-scheduled medicines, and statutory margin caps on medical devices under the Drug Price Control Order (DPCO).
-
Centre Expects Anti-Cancer Drug Prices To Fall 20-70 Per Cent Under Proposed Trade Margin Cap
The Centre has told the Supreme Court that capping trade margins on anti-cancer medicines at 30 per cent of their maximum retail price (MRP) is expected to save patients around Rs 2,500 crore annually, with the proposed measure likely to reduce the MRP of such drugs by 20 to 70 per cent.
-
Iran Caps Dollar Purchases At $1,000 Per Day Amid Sanctions-Hit Economy
According to Fars news agency, under the latest rules for banks and exchange offices, buyers may purchase up to $10,000 in total, capped at $1,000 per day.
-
Government Caps Cancer Drug Trade Margins At 30%, Supreme Court Asks: Why Regulate Only Cancer Medicines?
While the proposed cap could reduce cancer treatment costs, the Supreme Court wants the government to explain why similar restrictions cannot be considered for other medicines and medical devices.
-
After Cancer Drug Price Cap, Karnataka Seeks Similar Relief For Heart, Kidney Patients
Karnataka has asked the Centre to extend price safeguards to expensive medicines used for cardiac and kidney diseases after the government approved a 30% trade-margin cap for non-scheduled anti-cancer drugs.
-
Govt May Force Rollback Of Diesel Caps Imposed By Private Retailers
The Centre is engaging with private fuel retailers after diesel sales were capped at Jio-BP and Nayara pumps.
-
Will Your Monthly Take-Home Salary Fall? Your PF Deduction Has Changed From Sept 17 - Here’s The Math
The Union Cabinet has raised the EPFO wage ceiling from Rs 15,000 to Rs 25,000, effective September 17, 2026. The move will bring over 51 lakh additional workers under mandatory EPF, pension and insurance coverage.
-
Domestic Economy Resilient, Global Headwinds Main Concern For Indian Equities: Sohum Asset Managers
For investors looking at mid- and small-cap stocks, Parekh said they can make investments slowly. He stressed that stock-picking and discipline at the right time are key.
-
Stock Market Crash: Investors Lose Rs 5.9 Lakh Crore In 90 Minutes As Sensex Tumbles Over 700 Points, Nifty Breaches 22,600
Market breadth remained weak on the NSE. Of the 3,305 stocks traded, 763 advanced, while 2,448 declined and 94 remained unchanged.
-
Italy Bans Burqa, Caps Number Of Foreign Students In Schools
It introduces "A 30 percent cap on the number of students in a class who do not have an adequate command of Italian, more tools for learning our language, and a ban on the burqa and niqab in schools," Meloni wrote on social media.
