Onion, pulses, edible oil prices surge in February

Wholesale onion prices this month are ruling 25% to 30% higher than in January. Prices of pulses and wholesale edible oil, too, have increased helped by government measures to boost farmers’ income such as import restrictions and procurement at minimum support prices. Prices of masur (lentil) and urad have increased by 10% over January, while … Read more

Reign of high oil prices is here to stay, say analysts

India is likely to go ahead with an oil tax cut to soften retail prices, said Bank of America Securities. Synopsis International crude oil prices have surged to their highest levels in 13 months recently, led by a strong demand outlook due to recovery in global economies as well as supply disruptions in the Middle … Read more

U.S. Drug Prices Much Higher Than in Other Nations

Jan. 29, 2021 — Prescription drug prices in the U.S. are more than 250% times higher overall than those in 32 other countries, according to a new report from the RAND Corporation. The gap between prices was even higher for brand-name drugs, with U.S. prices 3.44 times more than those in the other countries. … Read more

Collateral gains: Rally helps lower promoters’ pledges

The BSE Sensex rallied 23 per cent in the December quarter while the BSE MidCap and SmallCap indices gained 21 per cent and 26 per cent, respectively. Synopsis Out of 650 companies — mostly mid- and small-caps — promoters of at least 60 have released their pledged shares in the December quarter, according to data … Read more

2020 Hyundai Creta prices revised, new petrol base variant added

Hyundai Motor India has revised the 2020 Hyundai Creta prices across all the variants and added a fresh entry-level petrol trim to the SUV’s line-up. Following the revision, the new Hyundai Creta prices now start at Rs 9.82 lakh (ex-showroom, New Delhi) and touch Rs 17.32 lakh (ex-showroom, New Delhi) for the top-spec variant. Earlier, … Read more

Moderna Prices COVID Vaccine Higher than Others

Aug. 6, 2020 — Moderna is charging $37 a dose for its experimental vaccine, which is far more than what other companies say they plan to charge for their vaccines, CBS News reported Wednesday. Because two doses of the vaccine are needed to immunize people from COVID-19, total costs could be $74 per person. … Read more