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LatestLY - Business - News Image
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9
BusinessApr 04, 2026 06:25 AM

India News | 'Pharmaceuticals Affected, but Medicine Prices Won't Rise Without Govt Permission:' Jat...

Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. Also Read | WWE SmackDown Free Live Streaming Online, April 3: Get Wrestling Weekly E ...Read More >

Asian News International (ANI) - Business - News Image
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18
BusinessApr 04, 2026 02:27 AM

'Pharmaceuticals affected, but medicine prices won't rise without govt permission:' Jatish Sheth

Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. "Pharmaceuticals are affected. Raw materials which are used for manufacturing formula ...Read More >

Asian News International (ANI) - Business - News Image
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15
BusinessApr 02, 2026 02:19 PM

"Band-aid approach": Congress MP Manish Tewari slams Centre over handling of West Asia war impact on...

New Delhi [India], April 2 (ANI): Congress Member of Parliament Manish Tewari on Thursday questioned the long-term effectiveness of the Government's decision to slash excise and customs duties, calling it a 'band-aid approach' for a much larger global energy crisis. Tewari, while speaking to the reporters, said, "... One can only manage a contingency by reducing excise and customs duty. The main point is up to what extent this band-aid approach would work, if we do not get sufficient crude oil ...Read More >

ETV Bharat News - Business - News Image
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11
BusinessApr 02, 2026 10:42 AM

Centre Waives Customs Duty On Key Petrochemicals Till June 30 Amid West Asia Crisis

New Delhi: In light of the ongoing conflict in West Asia and the consequent disruptions in global supply chains, the Government of India has decided to provide full Customs Duty exemption on critical petrochemical products till 30th June, 2026, the Finance Ministry said on Thursday. This measure, according to the ministry, has been taken as temporary and targeted relief to ensure the continued availability of critical petrochemical inputs for the domestic industry, reduce cost pressures on down ...Read More >

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