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ARY News. The shortage has caused serious concern among patients and citizens as the life-saving drugs are now being at higher prices in the black market. Last month, the Drug Regulatory Authority also launched a crackdown against an artificial shortage of essential medicines.

Karachi, is currently facing a severe shortage of essential medicines, including life-saving drugs, which has worried patients and citizens in the city, as reported by ARY News. ARY News is a Pakistan news channel.

ITC, with a market cap of $67 billion (Rs 5.6 lakh crore), surpassed British American Tobacco Plc (BAT) to become the third most valuable tobacco company in the world. London-based BAT, which sells cigarettes, tobacco, and other nicotine products, has seen a sell-off in its shares in the past week, rendering its market cap below ITC to $64 billion. The stock fell sharply after the company said it would take a hit of around $31.5 billion as it wrote down the value of some US cigarette brands, acknowledging that its traditional combustible market has no long-term future. The evolving stricter regulations and growing awareness of health risks have been squeezing tobacco companies' traditional business lately, driving declines in cigarette volumes in some markets. US-listed Philip Morris International and Altria Group currently occupy the top spots above ITC as the two most valuable tobacco companies in the world. The cigarette segment is the mainstay for ITC, which is also into hotels, FMCG, and paper products businesses. In the recent second quarter, cigarette revenues grew 10% on year to Rs 7,658 crore. The business made up over 46% of the total revenue of ITC.

S Jaishankar said that India has put up with «unfair competition» for too long in the name of the globalisation era. He said that India must have the ability to call it out if the competition is unfair. While speaking at the 96th Annual General Meeting (AGM) of the Federation of Indian Chambers of Commerce and Industry (FICCI) on Friday, Jaishankar noted that history is on India's side and every measurable index is working in India's favour.

PMAY-G) to deceased persons, payment of instalments to those ineligible to the scheme and full assistance paid against non-existing houses have been found during an audit exercise in 10 districts of Bihar, an official said on Saturday. Unrealistic geo-tagging of house locations and payment of instalments in wrong accounts are also among the discrepancies observed by teams of the accountant general (AG-Bihar) during the audit of the implementation of the rural housing scheme in the state.

Sharm El-Sheikh, India has been silent on the question on phasing out or down of fossil fuels at COP28. Despite its aggressive renewable energy targets and its role in the adoption of the G20 commitment to triple renewable energy capacity, India has so far maintained a studied silence on the issue of fossil fuels at the ongoing UN Climate Conference in Dubai. At COP27 in Sharm El-Sheikh last year, India had proposed inclusion of clear language on phasing down all fossil fuels, not just coal, as agreed at the Glasgow meet. Though the proposal failed to make the final cut, it gained the support of at least 80 countries and the European Union. This tentative alliance between India, the EU, and small island states was viewed by some observers as a new approach that was ambitious while being rooted in equity. The proposal had not found support from India's traditional negotiating partners such as China and Saudi Arabia. Now, at Friday's plenary marking the start of the second week of negotiations in Dubai, India did not address the issue in its intervention. Instead, it extended support for the position taken by the 43-member Like-minded Developing Countries (LMDC) group that includes China, Saudi Arabia, Bolivia, and Egypt, among others.

The Office of the Superintendent of Financial Institutions has maintained the additional capital bufferthe country’s biggest banks must hold at 3.5 per cent, a decision that some analysts say will cheer bank investors as an increase was expected. 

The parent company of alternative mortgage lender Equitable Bank reported record annual results for its 2023 fiscal year, with its fast-growing multi-unit lending space among the bright spots.

exercise, which is conducted every six months, was held on the R12A (Ratna) Platform of Oil & Natural Gas Corporation (ONGC) around 83 km away from Mumbai harbour. The 'Prasthan' is conducted to validate measures and procedures to address various contingencies that may arise in the oil production platforms and was held in two phases on Friday.

Benjamin Netanyahu's Israel and Hamas fighters from Palestine's Gaza, has entered the third month. Israel's attack on Gaza resumed after a brief pause. Now, US authorities have flagged that the Israel-Gaza's armed conflict will trigger a bigger conflict, including Lebanon and expanding throughout the Middle East.

Dividend Stocks: Shares of three major public-sector undertakings (PSUs) will trade ex-dividend in the coming week, starting from Monday, December 11. Some other companies will also trade ex-split and ex-bonus, while some have announced a buy back of shares next week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

Kashvee Gautam and Vrinda Dinesh triggered a huge bidding war in the second session of the Women's Premier League (WPL) 2024 Auction with Gujarat Giants and UP Warriorz spending big bucks to get them in their team. Kashvee Gautam went for Rs 2 crore while Vrinda Dinesh, a batter from Karnataka, picked for Rs 1.3 crore. Gujarat Giants made a winning bid of a whopping Rs 2 crore for Kashvee Gautam, a 20-year-old allrounder from Chandigarh, making her the joint-most expensive player with Annabel Sutherland of Australia in the first phase of the WPL 2024 auction. A right-handed batter and a right-handed medium pacer, Kashvee has recently played for India A against the England A women in three T20Is in Mumbai and it appears that the scouts of the franchises have seen something that they feel makes the player a mega pick. Gujarat won her after a fierce bidding war with U.P Warriorz, who are one of the franchises with deep pockets in this Auction Vrinda is known as a consistent batter who has done well in the local leagues in Karnataka and UP Warriorz went for her outbidding Gujarat, Mumbai Indians and Delhi. Vrinda has been a prolific scorer for Karnataka over the last two domestic seasons, earning praise for her ability to balance consistency with her powerful power-hitting up front.

India's 'biggest' IT raids has raised political temperature as the BJP has launched an attack against the Congress MP Dhiraj Sahu. The Rajya Sabha MP also came under the IT department's scanner in the matter. So far, the agency has recovered around ₹290 crore of black money from the raid and the number is bound to rise as the counting of cash continues on Saturday.

China on Saturday lodged a protest after calls at the UN climate talks in Dubai to include Taiwan, the self-governing democracy claimed by Beijing. Two of the dwindling number of countries that recognise Taiwan — Guatemala and the tiny Pacific island of Nauru — both hailed support from Taipei in addresses at the COP28 conference.

South African pitches in a three-match T20 International starting Sunday. The mainstays of India's battling line-up are not part of the team for this tour as Rohit and Virat have taken a break from white-ball cricket for an indefinite period. Once again, skipper Suryakumar Yadav will have to marshal his troops well, and that could pave the way for the emerging crop of match winners, such as Rinku Singh and Ravi Bishnoi. The Proteas will also be missing the services of their top bowlers, including Kagiso Rabada (rested), Anrich Nortje and Lungi Ngidi — but they are still a force to be reckoned with at home.

Soni Patnaik of JM Financial Services says since Bank Nifty is about to lead the next leg of the rally, my top pick comes out to be ICICI Bank. “So ICICI Bank is on the cusp of giving that monthly breakout,” she told ET NOW in an interview. Edited excerpts: Nifty scaled 21,000 this week but will this runup continue? And not just Nifty, let us talk about Nifty Bank as well given the fact that a lot of policy actions also kind of make this particular sector jittery. The broader outlook for Nifty continues to be bullish. There is a bullish undertone.

climate justice must be the basis of climate action and this can be ensured only when the developed countries take the lead in combating climate change, Environment Minister Bhupendra Yadav said here at the COP28 on Saturday. Delivering the country's national statement here at the high-level segment at the annual climate conference, Yadav also highlighted India's contribution, noting that New Delhi reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance.

NGT) has directed several states to make «further efforts» to improve the air quality and «fully utilise» the funds received under the National Clean Air Programme (NCAP) and the 15th Finance Commission. The tribunal, the order passed on December 5, also instructed the states concerned to file a further action taken report within eight weeks.

BJP) victory in three key states in the Hindi heartland. Significantly higher week-on-week (WoW) action in terms of prominent block deals was witnessed over the five sessions where more than three dozen listed companies reported sizable deals worth Rs 25,289 crore, which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 12,612 crore led by Reliance Industries (RIL) with a 12 block count, totalling to Rs 2,874 crore.

Fighter, featuring Hrithik Roshan, Deepika Padukone and Anil Kapoor, brings a high-octane aerial action experience to the big screen. Slated for release on January 25, Fighter marks a year since Anand's last hit, Pathaan. In the teaser, audiences are treated to a visual feast of aerial prowess.

Global Day of Action" with events at United Nations-led talks in Dubai and around the world. If activists needed any additional energy, they may have gotten it with reports that OPEC's chief had urged its oil-producing members to reject any agreement that targets fossil fuels for a speedy phase-out. It's the central issue as talks head into their final days, as activists and experts have warned that the world must quickly reduce use of the oil, gas and coal that is causing dangerous warming. Mohamed Adow, director of Power Shift Africa, called the Dec.