Centre warns pharma companies against promoting weight-loss drugs among public through ads

NEW DELHI: The Centre has warned pharmaceutical companies against promoting prescription weight-loss GLP-1 drugs – popularly sold under brand names Ozempic, Wegovy and Mounjaro – through advertisements or “disease awareness” campaigns that indirectly encourage their use among the public.In an advisory, Central Drugs Standard Control Organisation said it had come to its notice that some…

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ElonTrades’s Dubai rant goes viral amid Iran vs US-Israel war: Why crypto trader says he was asked to get license to post online in the UAE emirate

Crypto Twitter Explodes After Influencer Claims Dubai Demanded Permit to Post A viral tweet by crypto trader ElonTrades, founder of Signal Labs, has sparked fresh debate about the rapidly evolving rules governing social media content in the United Arab Emirates. The trader, who describes himself on X (formerly Twitter) as “Crypto since 2017” and known…

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FDI policy shift seen as pragmatic move; experts say eased norms may boost capital flows with safeguards

The government’s move to relax foreign direct investment rules for China and other nations sharing land borders with India has drawn support from experts, who say the step attempts to strike a balance between attracting capital and protecting strategic interests. They also noted that the proposal for a 60-day fast-track approval window for investments in…

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Russian oil inflows to India rise 50% as Middle East conflict stalls Hormuz shipments

India’s purchases of Russian crude have surged about 50% in March as refiners move to secure alternative supplies amid disruptions to shipments from the Middle East due to the widening military conflict. Ship-tracking data showed imports rising to around 1.5 million barrels per day this month from 1.04 million bpd in February. India–the world’s third-largest…

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Energy shock response gathers pace as IEA agrees record 400 million-barrel oil release amid US-Iran war

A coordinated global effort to stabilise volatile energy markets gathered pace on Wednesday after the International Energy Agency (IEA) agreed to release the largest volume of emergency oil reserves in its history amid escalating tensions in the Middle East.According to an AP report, the Paris-based agency will make 400 million barrels available from members’ strategic…

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Sebi relaxes certification norms for sales, non-research staff in research services

In a move aimed at reducing regulatory burden and improving ease of doing business, markets regulator Sebi on Wednesday eased certification requirements for Persons Associated with Research Services (PARS), allowing sales personnel, relationship managers and other non-research staff to qualify through a simplified certification module, PTI reported.The revised framework, which comes into effect immediately, recognises…

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Govt says crude oil supplies secure, LPG distribution prioritised for households

The government on Wednesday said India’s crude oil supplies remain secure and urged consumers not to panic over LPG availability, noting that steps have been taken to ensure fair distribution amid geopolitical disruptions.Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) in the Ministry of Petroleum and Natural Gas, said domestic LPG supplies are currently being…

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